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OCC outlines risk plan as Northeastern loan growth doubles

Abrigo

Multifamily, commercial and automotive loans are driving loan growth among banks in the Northeast, but increasing risk will draw fresh attention from regulators to ensure recent and future growth is sound, the Office of the Comptroller of the Currency said recently. • Liquidity risk management and adequacy of contingency funding plans.

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PPP Lender Guidance Details How Borrowers Apply for a Second PPP Loan

Abrigo

The most important thing is to get your financials prepared,” Catherine Marx, District Director for the SBA’s Connecticut District Office, said during a webinar hosted Jan. 5 by Connecticut’s Small Business Development Center. Lending & Credit Risk. Credit Risk Management. Lending & Credit Risk.

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Chapter 11 Watch: Tough Times For Uniqlo, PacSun Gets Lucky

PYMNTS

The bankruptcy process gives us the ability both to fix our balance sheet by reducing our long-term debt by more than 65 percent and reduce our annual occupancy costs, either through landlord negotiations or lease rejections, appropriately adjusting the fixed costs of operating our stores to better match the shifting retail landscape.”.

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Data privacy: How to keep customer data safe

Independent Banker

It has implications for everything from regulatory compliance and risk management to a bank’s ability to engender trust in its customers. The privacy of customers’ personal information is at the forefront of every community banker’s decisions, says Steven Estep, ICBA assistant vice president of operational risk.

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Trump Announces Pick For New Small Business Administration Chief

PYMNTS

Before that, she worked at United Parcel Service (UPS), where she rose from being a box handler to president of the agency’s Latin America and Caribbean operations. Her appointment to the SBA came after two failed runs as senator for Connecticut. Carranza was the SBA deputy administrator from 2006 to 2009. Last year, the U.S.