Remove Capital Remove Connecticut Remove Operations Remove Risk Management
article thumbnail

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.

article thumbnail

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

PYMNTS

The Orange County Register is reporting that Golden Gate Capital (GGC) will assume 100 percent control of the company pending approval, though, with in-store costs upwards of $140 million annually, GGC will clearly still be looking at restructuring. is very important to the company,” Liguori said. “We

article thumbnail

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

Abrigo

Generally, receipts are considered “total income” (or in the case of a sole proprietorship, independent contractor, or self-employed individual “gross income”) plus “cost of goods sold,” and excludes net capital gains or losses as these terms are defined and reported on IRS tax return forms. Lending & Credit Risk. What's required.

Taxes 195