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Impact of Covid-19 Felt in the Shared National Credit Reviews Released by Bank Regulators

Perficient

” SNC (pronounced like the candy bar but without the “ers”) stands for the Shared National Credit Program, which, since 1977, has assessed risk in the largest and most complex credits shared by multiple regulated financial institutions. Total Outstanding.

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Live Nation Settles With DOJ Over Ticketmaster Antitrust Violation

PYMNTS

Live Nation Entertainment reached a deal with the government, resolving concerns that the company had violated a 2010 antitrust settlement. However, the DOJ has been investigating the possibility that Live Nation has violated the terms of its agreement by possibly coercing people to use Ticketmaster.

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Mastercard General Counsel Tapped To Chair National Urban League

PYMNTS

The world of payments has provided a new leader to the National Urban League. Murphy was elected to the post during the National Urban League’s Board of Trustees quarterly meeting in New York City. “He I’m honored to be a part of that mission,” Murphy said as part of the National Urban League’s announcement.

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UK Avoids Recession Amid Worst Economic Slowdown Since 2010

PYMNTS

economy ducked a recession but the economy grew at its slowest annual rate since the third quarter in 2010, Reuters reported on Monday (Nov. percent compared with the previous quarter, according to data from the Office for National Statistics released on Monday. Economic output grew 0.3 Economists polled by Reuters had forecast a 0.4

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Report: FinCEN Files Reveal Billions In Suspicious Money Flows

PYMNTS

Since 2010, prosecution has been delayed by 18 banks for anti-money laundering, according to BuzzFeed. Standard Chartered moved cash for a Dubai business that was later accused of laundering cash on behalf of the Taliban. Between 1999 and 2017, FinCEN flagged more than $2 trillion in suspicious transactions.

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Former Restaurant Execs Seek $230M For SPAC

PYMNTS

“Companies and investment firms with a member of our management team in an executive, partner or board role have completed over 100 merger and acquisition, capital markets and private investing transactions since 2010.”. In August, Ruby Tuesday Founder Sandy Beall and Doug Jacob, co-founder of the Washington, D.C.-based

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Things worth reading: 19th July 2016

Chris Skinner

Things we’re reading today include … Labour pledges national investment bank to mobilise £500bn World’s 20 biggest banks rack up £252bn ‘conduct costs’ in five years This Bank of England chart shows how the rich got richer and the poor got poorer since 2010 US bank buys new office block in London FCA considers using … (..)

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