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JPMorgan, Other Big Banks Front-Load $66B To Cover Bad Loans

PYMNTS

Some are more exposed to credit card debt and lending to oil and gas companies. banks have stopped lending as much to European businesses as well, showing the home bias that is expected during a financial crisis. Many European banks have reduced lending to oil and gas companies, though. However, U.S. billion for the effort.

Lending 188
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Banking Innovation Enters New Era; Consolidation Now The Rule

PYMNTS

Clearly there's regional saturation, which leads to consolidation.”. Lukies said that prior to the 2008 financial crisis, regulators and the like normally left banks to their own devices, as long as they didn’t mess it up so that people couldn’t pay their bills or go shopping.

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Application Modernization: Reviving a Technical Coding Challenge

Perficient

In 2008, Bryan Dougherty, now our General Manager, created the original Tech Challenge. Each team’s fleet is assigned to a region of the battlefield. The game requires a fleet to be set within a 20 x 20 region. If a player positions a ship outside the region, the player will be kicked out of the game. Background.

Regional 332
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Community FIs Battle Against Low Interest Rates To Help SMBs Thrive

PYMNTS

There is growing talk, too, of FIs pulling back from small business loans as they did in the wake of the 2008 financial crisis. As such, a regionally focused financial institution could be best-positioned to address those fluctuating market needs. Surviving Low Interest Rates.

Community 193
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CRE Credit Risk – What You Need To Know Now

South State Correspondent

CRE Risk Background While ten years ago, community and regional banks use to make up some 55% of the CRE market, in 2023, these banks now compose approximately 72% (below). In secondary and tertiary markets, it is only smaller financial institutions lending. This article explores the risk and what to do about it.

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Rethinking The SME Loan Underwriting Model In Southeast Asia

PYMNTS

In a recent conversation with PYMNTS, Raghav Mathur, head of data science and analytics at Singapore-based Grab Financial Group , discussed the opportunities in data technology that can address the region’s most pressing SMB lending needs. Improving The SMB Lending Experience. Asymmetric Information Exchange.

Data 193
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Which are America’s healthiest banks?

Abrigo

For the largest of American financial institutions – those that much of the public banks with for checking, mortgages and auto loans – stress testing regulations have been passed and executed to avoid a repeat of 2008. The list highlights the top 20 banks within each region of the U.S. with the lowest Texas Ratios.

Texas 150