Wednesday, September 20, 2017

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Small Banks Struggle For Capital As Fin-tech Start-ups Raise Piles Of Cash
Stricter loan and capital rules have squeezed profits, leaving many small banks worth less than what their founders paid to open themmay not be well-served,” either by giant banks such as Wells Fargo or by fin-tech online lenders such as Wilmington bank that grew to half a billion dollars in loans and other assets in the mid-2000s but shrunk to just $79 millionthis month, a group of Lancaster County businessmen, including former Republican State ... Read News

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City Panel Endorses Wells Fargo Contract Amid Controversy
A proposed extension of a contract with Wells Fargo, the city of Santa Fe’s fiscal agent, is headed to the City Council after winning the endorsement of the city Finance Committee. The committee ... Read News

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SunTrust Banks, Inc., Jr. began a transition into the CEO role previously held by Jim Wells, who retired December 31, 2011. Formerly SunTrust's COO, Rogers assumed the title of CEO on June 1, 2011. Business data for SunTrust Banks: Google Finance; Yahoo! Finance; Reuters; ... Read Article

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Credit/Debt Management - By Category
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Editor's Notebook: Businesses Will Feel The Effect Of Bank Mergers - Triangle Business Journal
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