Coronavirus Impact
Coronavirus Impact
Keith Leggett
Opinion

For all the damage from the pandemic and economic downturn, this crisis has not impacted liquidity. Lawmakers would be foolish to permanently alter the Central Liquidity Facility.

September 11
2 Min Read

More consumer and commercial borrowers are paying their loans, increasing the likelihood that charge-offs will be manageable for banks despite the ongoing pandemic.

September 11
3 Min Read
AmexWTCBL

American Express Co. began reopening offices in New York and London this week even as it told employees that they can continue working from home through June 2021 if they wish.

September 11
1 Min Read
BankThink

Integrated payments have rapidly become critical to maintaining, and in some cases improving, operational stability, says Paya's Jeff Hack.

September 11
2 Min Read

At a time when many lenders are shying away from an industry hit hard by the pandemic, State Bank of Texas is going all in.

September 10
4 Min Read
JPMorgan Chase had been opening its offices to more staff over the past few months, but few had been required to return.

The new order is the strongest move yet by a U.S. bank to require employees to return to the workplace.

September 10
1 Min Read
Michigan Gov. Gretchen Whitmer

A new program will provide tuition-free schooling opportunities for those who stayed on the job during the state's lockdown earlier this year.

September 10
2 Min Read
As recently as Wednesday, the Justice Department charged 11 Miami-based individuals in a criminal ring that included a professional athlete and his business and allegedly involved $24 million in fraud.

The 57 charges involve $175 million allegedly stolen from the small-business loan program. Defendants are accused of lying on their applications and using funds to buy cars, jewelry and other luxury items.

September 10
2 Min Read
The Latest