PYMNTS
APRIL 13, 2020
At the time of the black swans in 2001 and 2008, it was hard to tell anything positive was coming out of them. The business model isn’t completely figured out, or the technology to support it isn’t there, or people aren’t ready socially. But when the dotcom bust happened in 2001, our innovations also died.
Bobsguide
MARCH 29, 2017
Hanno Klein is Senior Vice President at Deutsche Börse Group which also provides the technology for Eurex, its main derivatives exchange. From 2001 to 2005, he. He joined the company in 1997 and worked in various positions and projects of strategic and operational nature in Germany and the USA.
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PYMNTS
OCTOBER 8, 2018
community banks and small business lending. Specifically, regulations under the Community Reinvestment Act should also embrace technological changes, said Mester in remarks last week, that have come since the Act was last reviewed by regulators two decades ago. As has been reported, the U.S.
Jeff For Banks
JANUARY 27, 2011
I was at a strategic planning retreat a few weeks back where a colleague lauded the concept of bankers getting back to plain vanilla community banking. But if you read or watch interviews of CEOs of community FIs from 2008 forward, you will be bombarded with the message that they didn''t engage in the things that led to the collapse.
Jeff For Banks
JUNE 2, 2023
The dot-com bubble recession began in March 2001 and lasted only 8 months. percent of all jobs in 2001 to 11.3 By comparison, non-high-tech industries lost 689,000 jobs between 2001 and 2002 but recovered the lost jobs by 2004. Most of the more than 500 financial institutions that failed were community banks.
Abrigo
NOVEMBER 2, 2021
The BSA , adopted in 1970, has not had a significant overhaul since the USA PATRIOT Act (commonly known as the Patriot Act) in 2001 in response to the September 11 terrorist attacks on the United States. See Part I: Implications for Community Financial Institutions. AML A is significant in U.S. Learn More.
PYMNTS
JANUARY 31, 2019
is set to see its first new community bank in decades, as the Federal Deposit Insurance Corporation (FDIC) lent its approval for MOXY Bank to launch in Washington, D.C. With clearance to move forward with its plans, the community banking landscape will see its first new industry player in years. have emerged to do.
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