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CRE risk management: Navigating hazards and opportunities

Abrigo

Stress testing, monitoring are essential Financial institutions should challenge assumptions about CRE risk while also watching for red flags as they manage the CRE portfolio. WATCH Takeaway 1 Banks and credit unions are critical sources of capital for businesses in their communities, so how institutions assess CRE credits matters.

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Citi Ventures Leads $28 Million Round for Client Management Startup HoneyBook

Bank Innovation

Citi Ventures led a $28 million Series C equity round for client management platform HoneyBook, the company announced today.

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Social Calendar App IRL Lands $16M In Series B Funding Round

PYMNTS

The San Francisco-based company said the infusion of new cash will be used to reinvent its web product and expand the platform overseas. . IRL , or In Real Life, the social calendar startup created to help users meet over shared experiences, announced a $16 million Series B funding round on Tuesday (Sept.

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Future Of Fintech Is Moving To San Francisco: Here’s What To Look Out For In 2020

CB Insights

In case you missed it, the 5th annual Future of Fintech (June 14-16) is moving west to San Francisco. assets under management). Kevin Durant, Sequoia Capital, and Goldman Sachs). CEO, Metromile (pay-per-mile auto insurance backed by NEA, Index Ventures, and First Round Capital). And that’s not the only change.

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Ex-Uber Exec To File $250M SPAC IPO Backed By Former Google CEO

PYMNTS

2) for DPCM Capital Inc. , Josh Harris , co-founder of Apollo Global Management , said the SPAC trend is not a flash in the pan. There’s a real need for quick, confidential capital and price certainty and for sponsorship in the markets,” he said. Emil Michael filed an S-1 prospectus on Friday (Oct.

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Citigroup Back To NY Federal Court Over $900M Error

PYMNTS

“Defendants have unreasonably and unlawfully attempted to capitalize on Citibank’s unfortunate error,” the complaint said. million from HPS Investment Partners LLC, the New York based capital solutions company, and $109.7 million from Symphony Asset Management LLC, the San Francisco research, valuation and risk analysis firm.

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Here Are The Blockchain Networks Most Popular With Capital Markets Players

CB Insights

As blockchain tech gains commercial traction, a growing number of companies want to use it to reimagine the capital markets infrastructure that powers the trade of stocks, bonds, and other securities. Interested in learning more about Blockdata and DLT? Fill in your details here to get more information. First name. Company Name. Phone number.

Capital 101