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JPMorgan Chase sued over bounced check fees

Banking news

New jerseyUnited statesWhite plainsNew yorkLisa considineJoe bidenConsumer financial protection bureauOffice of the comptrollerFinancial protection bureauFederal trade commissionNorth carolina basedAlabama based regionsRegulations amp policyRegulations policy

Businessman buys N Knoxville bank property that was targeted by arsonist

Kimani Funches pleaded guilty to arson in August. He set fires in 2022 in the Regions Bank branch on North Broadway.

Nick mcbrideRodney napier jrKimani funchesKnox county criminal courtHaw brewing coTrousdale turner correctional centerRegions bankNorth broadwayNorth knoxvilleAlabama based regionsKnox county registerDeeds nick mcbrideCentral streetYee haw brewing

Regions Fined $3 Million by Fed Over Flood-Insurance Compliance

Regions Fined $3 Million by Fed Over Flood-Insurance Compliance
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Regions bankFederal reserveAlabama based regionsFlood act

Regions forecasts more deposit outflows in the second quarter

The Birmingham, Alabama, bank said that its deposits fell by $3.3 billion last quarter, and it projected a decrease of up to $2 billion between April and June. Executives assured investors that sizable liquidity sources are available.

United statesJohn turnerDavid jackson turnerSilicon valley bankFederal reserveHome loan bankSignature bankBank term funding facilityRegions financialAlabama based regionsFinancial officer david jackson turnerTerm funding facilityFederal home loan bankIndustry news

3 Banks That Played Interest Rates Right and Avoided the Bond Fiasco

SVB Financial and Silvergate did not position their balance sheets correctly for rising interest rates and got caught with huge unrealized bond losses.

United statesDavid turnerJames leonardJamie dimonSilicon valley bankFifth third bancorpThird bancorpCincinnati based fifth thirdThird chief financial officer james leonardFifth thirdAlabama based regions

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