Remove Capital Remove Community Remove New York
article thumbnail

Putting the "Community" Into Community Banking

Jeff For Banks

Community banking has almost achieved Kleenex or Xerox fame, being generalized to the point of meaninglessness. And the dilution of what it means to be a community bank has been diminished not just by interlopers pretending to be sheep in wolf's clothing, but also regulators, and unfortunately, community banks themselves.

article thumbnail

Mastercard Commits $500M To Boost Black Communities, Businesses

PYMNTS

Mastercard said it will invest $500 million in Black communities across the U.S. The new initiative will include “concentrated investments that will focus on providing Black-owned businesses and Black people access to affordable financial tools and capital,” Mastercard said in a news release. This is a time for action.

Community 282
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

New York Community: Growing pains, strategy miss, or both?

American Banker

A day after the regional bank's stock tumbled on tough fourth-quarter results and some austerity moves, observers debated whether management just needs time to build enough capital to catch up with growth or if it is still too overexposed in multifamily lending.

article thumbnail

SEC charges ex-Fed examiner with insider trading

American Banker

The Securities and Exchange Commission accused a former supervisor with the Federal Reserve Bank of Richmond of trading New York Community Bank and Capital One stock based on material nonpublic information.

article thumbnail

FHLB reform: Implications for financial institutions

Abrigo

Prepare now for potential changes to FHLBs Capital rules and membership criteria are among the areas where banks could see changes in how the Federal Home Loan Bank system operates. Takeaway 2 Reform moves are stemming from actions of the FHFA against the San Francisco and New York FHLBs.

article thumbnail

New York Community takes another step

American Banker

The beleaguered Long Island bank saw its stock price rally after investors exchanged their preferred shares for common stock.

article thumbnail

New York Seed Investors Stayed Strong in 2016 As Others Stepped Back

Bank Innovation

Top seed investors in the New York startup community showed their muscle in the final quarter of 2016 and are likely to continue doing so in the coming year, says a new report from Primary Venture Partners. Among the winners in an otherwise difficult year for startups were fintech companies like Read More.

New York 150