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Big Banks Get a Temporary Break on Capital Requirements

The Wall Street Journal reported that the Federal Reserve has temporarily eased big banks’ capital requirements. read more

Regions Bank Closes Ascentium Capital Acquisition

Regions Bank closed its acquisition of Ascentium Capital, an independent equipment finance lender serving small businesses. read more

Marlin Terminates Capital Maintenance and Liquidity Agreement with FDIC

Marlin Business Services terminated its Capital Maintenance and Liquidity Agreement with the Federal Deposit Insurance Corporation. read more

Wintrust Commercial Finance Adds Almond and Phillips  

Wintrust Commercial Finance hired Jeffrey Almond as assistant vice president of direct originations and Jeremy Phillips as a financial analyst. read more

KeyBank Supports Customers & Communities Impacted by Coronavirus

KeyBank has taken several steps to help support its clients facing economic hardship due to the spread of COVID-19. read more

LTi Technology Solutions Supports Local Communities & Customers Affected by COVID-19

LTi started a virtual food drive at the Food Bank for the Heartland in Omaha, NE and The Harvesters Community Food Network in Kansas City, MO to help those affected by COVID-19. read more

Bank of the West Names Egitton ELS Sales Manager, Equipment Finance

Bank of the West named Joe Egitton ELS sales manager within its Equipment Finance Division. read more

WSJ: U.S. Airlines Discuss Potential Shutdown

The Wall Street Journal reported that U.S. airlines are planning to voluntarily shutdown most domestic passenger flights, according to officials from the industry and government. read more

Regulators Offer Guidance for Troubled Debt Restructurings

The Fed, FDIC, NCUA, OCC, CFPB and state banking regulators issued an interagency statement for financial institutions working with borrowers affected by the coronavirus. FASB concurs with the approach. read more

Wells Fargo Provides Aid for Customers, Communities Impacted by COVID-19

Wells Fargo announced additional comprehensive steps to help customers, communities and employees grappling with the impact of COVID-19. read more

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