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Citizens builds liquidity amid concerns over credit, regulation and war

American Banker

The Rhode Island-based bank is bolstering its cash position in the face of worries about office loans, stricter capital requirements for regional lenders and the possibility of economic shock from overseas conflicts.

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The Acela Primary Underway In States Where Businesses Are Struggling

PYMNTS

Through the PYMNTS/CAN Capital Store Front Business Index , we’ve been tracking the data on business health and growth in each state and then stacking those results against the regional and national picture. at large or the region. percent and regionally as a benchmark at 2.3 percent and regionally as a benchmark at 2.3

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Restaurant Business Serves Up Mixed Plate For 2020

PYMNTS

Matthew Britt, a chef and culinary instructor at Johnson & Wales University in Providence, Rhode Island told FSR that he was concerned about the long-term impact of restaurant outsourcing. New chains could quickly emerge regionally or nationally.”. Whelihan’s Pub & Restaurant, and Iron Hill Brewery & Restaurant.

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Lending Is Failing To Live Up To 2018’s Great Expectations

PYMNTS

regional bank executives were gearing up for a bumper year, according to Bloomberg. Crediting lower taxes, thanks to the end of the year tax reform bill passed by Congress, regional bank executives saw a sudden and notable pick up in both commercial loan demand and a big jump in spending on credit and debit cards.

Lending 100
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Bitcoin Daily: Coincheck’s Investors Take Their Money, Iceland’s Big Mining Electricity Bill

PYMNTS

Coinsource , the world’s largest bitcoin ATM network, has rolled out 10 new machines in Rhode Island, New Hampshire and Massachusetts. The news comes as merchants in the region have begun allowing their customers to pay in bitcoin.

Bitcoin 100
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OCC outlines risk plan as Northeastern loan growth doubles

Abrigo

Many of the issues which the OCC will be focusing on ring true for all banks regardless of regulator and region. The OCC on Oct. • Traditional control processes (such as audit, loan review, internal controls and due diligence).

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Hurricane Insurance: What is Covered & What is Not Covered

MyBankTracker

However: There are many exclusions, caveats, and restrictions you should be aware of on these policies as you seek to insure a property in a hurricane-prone region. Wind damage can also affect power lines and knock out power grids in an affected region for days, weeks, or even months. Rhode Island. Connecticut.