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How to manage the risk of commercial real estate lending

Abrigo

In 2006, interagency guidance addressed two supervisory criteria: • 100% or more of total risk-based capital for construction concentration and. • 300% or more of total risk-based capital for total CRE concentration and growth in total CRE lending and increased by 50 percent or more during the past three years.

Lending 261
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Cloud Software Co. Mirakl Raises $300M

PYMNTS

Other investors include Bain Capital Ventures, Elaia Partners, 83North and Felix Capital, bringing the total capital raised by the company to $400 million, according to a statement. The company was founded in 2006, when Nussenbaum launched an online marketplace for video games. “We

Software 220
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US Banks Expected To Lose 200K Jobs To Technology

PYMNTS

In the next 10 years, as robots and other tech bring about the “greatest transfer from labour to capital” the industry has witnessed, per a report by Wells Fargo analysts, U.S. According to a report in January, citing Calculated Risk, last year was the first time since 2006 that not one U.S. banks will slash over 200,000 jobs.

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Slimmed-Down Albertsons IPO Raises $800M

PYMNTS

Albertsons’ IPO is the culmination of a saga that began in 2006 when private equity firm Cerberus Capital Management took a major position, with plans to grow the chain into one of North America’s gargantuan power grocers. billion fundraise once anticipated. Shares rose some 1 percent to $16.18 shortly before noon ET.

Idaho 224
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SoftBank’s $21 Billion Mobile Unit IPO Slated For December

PYMNTS

billion raised in 2006 by Industrial and Commercial Bank of China. The IPO is seen as a big shift for SoftBank and its founder, who built the company’s mobile unit via a 2006 acquisition of Vodafone’s Japan unit.

Mobile 134
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Are you diversifying your portfolio appropriately?

Abrigo

Consequently, interagency guidance on CRE concentration risk management , released in 2006, helps institutions pursue CRE lending with safety and soundness. Important to note, though, is that these loans would comprise part of the 300 percent CRE limit set by the 2006 interagency guidance.

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Number Of Corporate Accounting Errors Unexpectedly Climbs

PYMNTS

While the number of mistakes has declined every year since 2006, during the first six months of 2018, 65 companies found accounting mistakes that required them to restate and refile entire financial filings, compared with 60 companies for the same period last year. However, not all restatements are caused by innocent errors.

Taxes 170