Banking & Financial Services
With the elevation of Mike Maddox to chairman, Kristin Tyson has been named president of the Kansas City market for CrossFirst Bank. Since its founding in 2007, CrossFirst has soared past the $5 billion asset level—the growth percentage among banks…
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Creighton University’s Rural Mainstreet Index for June was released today, and if it showed anything, it showed that things in the rural heartland could be worse: After all, they were—in May. The June index, based on surveys of bankers in…
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You’ve worked for years, decades perhaps, to build a business. It’s time to sell. At this point, it’s just a matter of finding the right buyer, isn’t it? Frankly, no. Because the fiscal land mine in that question is “right.”…
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The American Banking Association’s Banker’s Journal has released its assessment of new guidelines surrounding business loans secured under the Paycheck Program enacted this spring. You can read details on the agencies’ interim final rule as well as updated, streamlined application forms…
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Mark Cuban, the outspoken entrepreneur and owner of the Dallas Mavericks, said in an interview with Realvision.com earlier this week that "If you're a day trader and you can walk and chew gum, you are making money right now. ……
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Stocks are trading at a higher volume than they have been for weeks, as far as trading goes so far on Monday. “What is clearly happening is the excitement of reopening is allowing a lot of these companies that have…
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Consumer credit dropped by a record 19.6-percent rate in April, due to problems that have arisen during the COVID-19 pandemic. It fell by 19.6 percent, or $68.8 billion, which is a record that has not been seen since the 1940s.…
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There are a lot of stimulus-check proposals being proposed by politicians, and there has still not been a decision on whether or not U.S. residents will receive a second round of them. Republican Senate Leader Mitch McConnell says he is…
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Several executives at large banks has decried George Floyd's killing by police in Minneapolis last week. "This week's terrible events in Minneapolis, together with too many others occurring around our country, are tragic and heartbreaking," JPMorgan Chase CEO Jamie Dimon…
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The Consumers Banking Association and the Bank Policy Institute are expressing concerns about the Paycheck Protection Program loan-forgiveness program and how small businesses will be impacted. "The expedited process by which the program was implemented has resulted in considerable gaps…
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