Sat.Nov 04, 2017

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Schmidlap Bank, A Division of Community Bank

Jeff For Banks

"We want to keep our charter because the OCC is a more distinguished regulator." Seriously, that is what a bank chairman told me when arguing to keep his bank's charter during merger negotiations. But I try not to judge. Perhaps, if I thought the argument weak, which I did, there was something else behind it. Something like "we've spent 100 years building the reputation of this bank and 'poof', it's gone at the stroke of a pen.

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Spire Bank Capital Injection

Bankelele

Spire Bank shareholders will hold an extraordinary general meeting at the end of November 207 to approve an increase in bank capital that has been eroded by recent losses at the bank. At the November 27 EGM, shareholders will approve the creation of 100 million new shares, worth Kshs 500 million that will be allocated to […]. The post Spire Bank Capital Injection appeared first on Bankelele.

Capital 31
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Waiting For iPhone X: The One Line People Don’t Seem To Mind

PYMNTS

There’s nothing like a touch of tradition to go along with the thrill of innovation. Like waiting in line to be the first to get experience it. Undeterred by the steep price tag, hundreds and even thousands of walk-in customers queued up outside Apple stores hours, days, and in some cases, months before the new device hit shelves. Some, even way before they even really needed to.

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