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Remembering 9/11 – A Pivotal Day for BSA/AML Professionals

Abrigo

September 11, 2001 will stay with Americans forever. T he events that unfolded in that bright blue sky on September 11, 2001 will stay with Americans forever. October 26 is now nationally recognized as BSA/AML Day.) This day was a pivotal point for all Americans, especially BSA officers and FinCrime professionals.

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Prepare for stronger C&I lending demand: A $1.7 trillion “wave”

Abrigo

Indeed, measuring C&I balances from the low to the high of an expansionary period shows commercial lending grew by the following amounts during recent upcycles: 1993-2001: 87.5% Credit risk : In C&I lending, at least part of the collateral is intangible. 2004-2008: 82.6% 2010-2023: 137.3% trillion, Pruis said.

Lending 195
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Guest Post: FInancial Markets and Economic Update by Dorothy Jaworski

Jeff For Banks

We have one year to go to match the longest expansion since World War II, which was the prosperous period engineered by Maestro Greenspan from March, 1991 to March, 2001. Housing has done well, despite median sales price growth which is less than national averages and lower inventories of properties for sale, which may be propping up prices.

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Guest Post: Financial Markets & Economic Update 4Q23 by Dorothy Jaworski

Jeff For Banks

The chart showed eerily similar patterns of declines in 1990 and 2000-2001. Mortgage rates are now close to 8.00%; affordability is at its lowest point since 1989, according to the National Association of Realtors. In July, 2022, the LEI began to decline y-o-y, yet we have not been in recession or see one imminently.

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The 2024 GonzoBanker Awards

Gonzobanker

” Sam Cooke Gonzo Nation, 2024 went by so fast that nobody had a chance to stop and think about what in the world was going on. CEOs Greg Mitchell and Shruti Miyashiro have teed up a $28 billion national digital-first consumer financial institution with a keen focus on pooling resources in digital, I.T. billion in 2001 to $8.2

Fraud 78
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The Future Of The Factory: How Technology Is Transforming Manufacturing

CB Insights

Famously, the Japanese robotics maker FANUC has been operating a “lights-out” factory since 2001, where robots are building other robots completely unsupervised for nearly a month at a time. Strong Arm touts predictive power to intervene before risk of injury or incident, and is positioned as a labor-focused risk management platform.