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CRE risk management: Navigating hazards and opportunities

Abrigo

Bankers should examine warning signs and shore up defenses for existing income-producing CRE loans as part of commercial property loan risk management. But understanding trends in their own portfolios and local markets can allow lenders to identify risk-appropriate CRE credits. They’re not your hometown.

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Top News in Payments: Citigroup Names New Retail Banking Leader; NY Lawmakers Push For Public eBanking System

PYMNTS

In today’s top news, CitiGroup named David Chubak to head its retail banking division, lawmakers in New York proposed a public eBanking system similar to Venmo and Goldman Sachs created a new division in its reporting process to highlight its consumer focus. Citigroup Names New Retail Banking Leader.

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New York Based Modern Bank’s Unique Approach in helping businesses through the Covid-19 crisis

Banking Exchange

Banks will need to process approximately 50 times their normal annual volume in the next 30-60 days under the Paycheck Protection Program Retail Banking Risk Management Compliance Fair Lending Feature3 Fintech Feature Outsourcing/Cloud.

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Citigroup Names New Retail Banking Leader

PYMNTS

Citigroup named David Chubak, 39, to head the retail banking division in the U.S., Chubak will head all retail sectors — branches, mortgages, wealth, risk management and small business, according to the memo. the company announced on Tuesday (Jan. consumer banking division, according to a memo obtained by CNBC.

Retail 101
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Chapter 11 Watch: Retailers Head Back To School, Jewelry Loses Its Shine

PYMNTS

The dog days of summer are finally upon the retail world, and if department stores didn’t take the spring and early summer to make up for the slow sales of a warm winter, it might be too warm and muggy to do much about that now. While North American retailers don’t seem to have had the best week, what about the rest of the world?

Retail 100
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Chapter 11 Watch: Tough Times For Uniqlo, PacSun Gets Lucky

PYMNTS

Retail’s constant chase for growth means that some or even most will never reach their goals. Normally, the week’s headlines are filled with merchants stuck in a death spiral of slow sales and lackluster supply chain management. Few are inevitably spared the fate in the long run. Uniqlo had closed five U.S.-based

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Call It Alt-Credit Or POS Lending, ‘Buy Now, Pay Later’ Just Got Bigger

PYMNTS

CEO Nick Molnar said in a statement that, “Afterpay and Google Pay give shoppers the ability to choose either physical or online shopping while still being able to budget their own money and avoid expensive loans, interest and fees — which has shown to attract new customers and drive more sales conversion for our retail partners.”.

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