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Neiman Marcus Emerges From Chapter 11

PYMNTS

has completed its Chapter 11 bankruptcy protection process and emerged from one of the highest-profile retail collapses since COVID-19 began, the Dallas-based company disclosed. We emerge from Chapter 11 as a stronger, more innovative retailer, brand partner and employer.”. Neiman Marcus Holding Company Inc.

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Community banks are thriving in Texas

Independent Banker

With the record growth of San Antonio, Houston and Austin, southern Texas is becoming a hub for business. The Houston metro took the 10th spot with a 20.3% It includes Hewlett Packard Enterprise, which is moving its headquarters to the Houston area. Consumer mortgage and installment lending are in the mix as well.

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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

In addition, they may consider focusing on these five critical areas: Improve Operating Leverage. To improve the quality of their earnings, banks need their number one focus to be on making their operations more efficient. To the extent projects improve operating leverage and the total experience, so much the better.

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Popular Bank Branch Receives BDD Program Designation By NYS Department of Financial Services

PopularBank

“We’re very proud to have three branches as part of the BDD designation program, an initiative that engages financial institutions to promote development in New York’s underserved communities,” said Popular Bank Chief Operating Officer Manuel Chinea. Our Community Commitment.

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Who were ICBA’s Top Lenders of 2022?

Independent Banker

Here, we highlight some of last year’s most successful loan producers in the areas of agriculture, commercial and consumer/mortgage lending. The score combines the average of the bank’s percentile rank for lending concentration and for loan growth over the past year in each lending category. By Ed Avis. Methodology. AGRICULTURE.

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Facebook’s Libra, Uber Losses, Instant Deposits Top Week’s News

PYMNTS

And its investment in MercadoLibre, a Latin American retailer, dropped 10 percent. Max Levchin On The Future-Present Of Everywhere POS Lending. What’s The Future For NBA-Related Retail In China? . PayPal lost $228 million in 3Q reportedly partially because of Uber ’s failure to make money. What We’ve Learned From Libra.

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