The Securities and Exchange Commission (SEC) charged a Pennsylvania investment manager and his companies with operating a Ponzi scheme that caused investors to lose $400 million. Specifically, the ...
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Las Vegas-based Lexicon Bank, a community-focused banking partner serving Southern Nevada, recently expanded its small business lending services to include helping small businesses gain access to capi...
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U.S. Sen. Ron Wyden (D-OR) and Elizabeth Warren (D-MA) want answers from UnitedHealth Group on the company’s use of abusive tactics to get doctors to repay loans that resulted from last year’s cyb...
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The American Investment Council (AIC) released a new report examining the key role that private equity plays for small and mid-sized businesses. The report, using data from PitchBook, showed that ...
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U.S. Reps. Jen Kiggans (R-VA) and Wesley Bell (D-MO) introduced legislation that would enable military retirees and disabled veterans to continue contributing to their retirement accounts even after s...
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Berkshire Hills Bancorp, the parent company of Berkshire Bank, and Brookline Bancorp, the parent company of Brookline Bank, Bank Rhode Island, and PCSB Bank, recently received regulatory approval to c...
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Truist Financial Corp. is planning significant investments over the next five years to attract new clients and grow existing relationships in some of the strongest growth markets in the country. The ...
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Wells Fargo is expanding its strategic relationship with Google Cloud, deploying AI and tools across its business through Google’s Agentspace platform. The AI agents and tools will be deployed ac...
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Senate Banking, Housing and Urban Affairs Committee ranking member U.S. Sen. Elizabeth Warran (D-MA) is calling on the GAO to conduct a review of foreign investment safeguards. In a letter to Gene...
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In 2024, total originations of closed-end home equity loans and open-ended home equity lines of credit (HELOCs) grew 7.2 percent compared to 2023, according to the recent Mortgage Bankers Associationâ...
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