Sun.Aug 13, 2023

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Mortgage capital proposal could weigh heavier on housing than banks

American Banker

Banking and housing experts say that if additional capital burdens spur large banks to pull back on mortgage origination, servicing and funding, the ripple effects could be felt more intensely in the housing market than on banks' bottom lines.

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‘Like horse trading’: Credit Suisse retail investors challenge UBS takeover

TheGuardian

Fresh legal claim planned by group of almost 1,000 shareholders to rushed rescue in March UBS faces another legal challenge to its emergency takeover of Credit Suisse, as a group representing nearly 1,000 individual shareholders, including former employees of the failed Swiss bank, prepares to file a court claim in Zurich on Monday. The Swiss Association for the Protection of Investors (Schweizerischer Anlegerschutzverein, or SASV), which represents retail investors, intends to lodge the claim o

Retail 52
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Bank Business Models Must Evolve to Regain Customers

The Financial Brand

This article Bank Business Models Must Evolve to Regain Customers appeared first on The Financial Brand. Banks that lead with bold customer value strategies can reinvigorate relevance and relationships, improving trust, engagement and loyalty. This article Bank Business Models Must Evolve to Regain Customers appeared first on The Financial Brand.

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Upgrade Expands Credit Card, Loan Lineup for Wider ‘Mainstream’ Appeal

The Financial Brand

This article Upgrade Expands Credit Card, Loan Lineup for Wider ‘Mainstream’ Appeal appeared first on The Financial Brand. Upgrade, a fintech offering cards & other loans, thrives by evaluating credit differently than the many banks & credit unions it works with. This article Upgrade Expands Credit Card, Loan Lineup for Wider ‘Mainstream’ Appeal appeared first on The Financial Brand.

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Thinking About How To Lessen Your Burden During Month-End Close? Skystem Can Help!

Most people dread the nearing of the month-end close and reconciliation process, and who can blame them? It's typically a tedious, long, stressful process; but it doesn't have to be. Implementing automation into your month-end process can significantly reduce this headache by automating up to 40% of your reconciliation and saving nearly 30% of your time spent.