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CRE risk management: Navigating hazards and opportunities

Abrigo

Bankers should examine warning signs and shore up defenses for existing income-producing CRE loans as part of commercial property loan risk management. But understanding trends in their own portfolios and local markets can allow lenders to identify risk-appropriate CRE credits. They’re not your hometown.

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Affirm Challenges Retailers, FI’s To Practice ’Honest Finance‘

PYMNTS

So started Affirm’s Co-Founder and CEO Max Levchin ’s remarks at his firm’s first-ever AFFIRMation conference for its retail partners in San Francisco yesterday. “Finance is pretty broken.”. Levchin, by his own description, has spent his career in financial services and founding companies — “some of which succeeded, some didn’t.”

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PayPal Deal, Connected Economy And Cyberwar Top Week’s News

PYMNTS

With roughly 17 million active users each month and 30,000 diverse online retailers, Honey has delivered some $1 billion in savings to shoppers in the past year. Citigroup Names New Retail Banking Leader. David Chubak will head all retail sectors — branches, mortgages, wealth, risk management and small business, according to a memo.

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Wells Fargo’s Q2 Disappoints After Scandals

PYMNTS

The San Francisco-based bank had a total of 5,751 retail branches by the end of the second quarter, citing 114 branch consolidations during the first half. The bank reported 5,977 retail branches in the year-ago quarter. However, we have to do manage our other risks, such as compliance and operational risk.”

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Planning Our COVID-19 Response is Also Planning for the New Normal

Gonzobanker

I was comparing today’s situation with a previous disaster – the 1989 Loma Prieta earthquake in San Francisco, where I was in charge of a bank’s disaster recovery plan. We have also seen the most abrupt change ever in assumptions, goals, impact planning and strategic focus.

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CFPB announces new appointments to advisory groups

CFPB Monitor

Lynn Drysdale, Managing Attorney, Consumer Law Unit, Jacksonville Area Legal Aid, Inc., Paulina Gonzalez, Executive Director, California Reinvestment Coalition, San Francisco, CA. Retail Bank, Citibank, New York, NY. Arjan Schutte, Founder and Managing Partner, Core Innovation Capital, Los Angeles, CA.

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Who were ICBA’s Top Lenders of 2022?

Independent Banker

But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. Bank of San Francisco. San Francisco. By Ed Avis. Methodology. Saint Johnsbury. The Garrett State Bank. Beacon Community Bank.