Banking

The NYC comptroller will hold six webinars as part of the Minority- and Women-Owned Business Enterprises University series as Siebert Williams Shank's affiliated Clear Vision Impact Fund announced it has received $100 million in capital commitments from big business.

Bank holdings of municipal bonds increased by 9% in 2020 compared to 2019, according to a new Federal Reserve report.

Nonbanks had worried the end of the Paycheck Protection Program Liquidity Facility would hurt their ability to lend to small businesses. On Monday, the Federal Reserve announced the facility would be extended for three months.

The Federal Reserve warned of significant risks of business bankruptcies and steep drops in commercial real estate prices in a report published on Friday.

The operating environment is dramatically different than it was pre-pandemic and presents all-new challenges for financial institutions. Tried-and-true strategies that led to high performance for many years are no longer going to be successful. Join Bonnie McGeer, Executive Editor of American Banker, and Claude Hanley, Partner at Capital Performance Group, as they highlight important trends and comb through data from top-performing banks across the country for insights that will help regional and community financial institutions thrive in 2021. Executives will learn what metrics will be most critical to focus on to maintain high performance going forward.

Like so many other businesses, Credit Karma was not spared by the pandemic and its rippling effects on the economy. Their business was prone to the same macro conditions, particularly the tightening of lending standards and credit limits. Join Paul Centopani, National Mortgage News' reporter and Andy Taylor, Credit Karma's General Manager of Home & Mortgage as they discuss how FinTechs can pivot to adapt to the new normal.

Steven Kantor, a regional managing director based in New York, was among those cut, sources said.

Prepaid gas deals were notably absent from 2020's record-breaking municipal market as COVID-19 caused market disruptions for banks that provide credit support.

A new path forward for digital banks and their customers.

As it reaches its 50th year in business, Ramirez ranks 15th industry wide among all negotiated and competitive underwriters with 47 deals totaling $6.1 billion in 2020.