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Popular Bank Implements Branch Realignment in the New York Metro Region to Enhance Focus on Communities and Small Business Support

PopularBank

Popular”) (NASDAQ: BPOP), bank holding company of Popular Bank, today announced Popular Bank’s strategic realignment of its New York Metro branch network. The branch closures, which are expected to be completed simultaneously by January 29, 2021, are projected to reduce annual operating expenses by approximately $13 million.

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After A Century, Barclays Steps Back From Africa Operations

PYMNTS

The decision to pare back operations in Africa — where the company will sell off much of its 62 percent ownership in publicly traded Barclays Africa — represents what The New York Times said was a step back from one of the key pillars of Barclays’ long-term strategy, right in lockstep with credit cards and investment banking.

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Local Governments Move In On Retail Vacancies

PYMNTS

Many municipalities are looking to help by proposing new uses for vacant retail sites, including a citywide initiative in Fairfax, Virginia called Activate Fairfax , where the Department of Economic Initiative is soliciting requests for interest in an abandoned Container Store location. Even smaller cities are opting for such taxes.

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What’s Next For Real Estate In Amazon’s HQ2 Cities?

PYMNTS

13) on its new headquarters. The Seattle-based eCommerce operator and cloud computing provider decided to build in both Crystal City, an urban area in North Virginia near Washington, D.C., and in Long Island City, a neighborhood in Queens, New York City. In New York City, Amazon’s $1.2

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10 Twitter accounts every accountant should follow

Abrigo

5) @AccountingWEB - AccountingWEB, an online news magazine and outlet, is another go-to source for accounting professionals looking to stay abreast of what’s going on in their industry. Follow Kelly for all things tax-related. He shares a variety of content- from webinars on the ACA to quotes from Dr. Martin Luther King Jr.-with

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Getting Past ‘Standard’ To ‘Fair’: Tech Brings Efficiency To Mileage Reimbursements

PYMNTS

As Lackey explained during the webinar, the rate is based on country-wide averages, such as fuel prices and vehicle depreciation, and is not forward-looking, but “reflects the cost from the prior year” of operating an automobile on a per-mile basis in the U.S. Different Programs. Different Programs.

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Does Apple Pay Growth Signal Contactless Transit Boost?

PYMNTS

Transit agencies would save money because of lower operating costs, and transit systems would have a new way of attracting young urban dwellers predisposed to contactless and mobile. As well, lines for trains and buses would acquire a refreshing speed efficiency. Contactless Reality. transit systems. Chicago View.

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