by Leila Salim | Sep 9, 2023 | California, Commercial Banking, Economics, National, News
By Sydney Johnson for KQED | SEPTEMBER 8, 2023 Photo: A Muni bus passes by City Hall in San Francisco on Aug. 8, 2023. (Beth LaBerge/KQED) After years of pressure from financial equity advocates, San Francisco supervisors this week unanimously approved a plan for the...
by Leila Salim | Jul 10, 2023 | California, Commercial Banking, Economics, National, News
By CHARLOTTE KRAMON for Los Angeles Times | JULY 6, 2023 Photo: Assemblyman Miguel Santiago, left, presents Assemblyman David Chi a sign after Chiu’s measure to let California cities create their own public banks was approved by the Assembly in 2019. (Rich Pedroncelli...
by Leila Salim | Jun 27, 2023 | California, Commercial Banking, Economics, National, News
By Oscar Perry Abello for NextCity | JUNE 27, 2023 — From Los Angeles to the East Bay, major public banking plans are emerging from California cities. Prince Osemwengie has been looking into every tool in the toolbox to help stem the tide of local businesses...
by Leila Salim | Mar 14, 2023 | California, Commercial Banking, Economics, National, News
By Oscar Perry Abello for NextCity | MARCH 13, 2023 — Focusing on wealthy people and their startup investments is not a sign of good risk management at a bank. Banking has never been about avoiding risk. It’s about managing risk. For years, especially...
by Leila Salim | Mar 10, 2023 | California, Economics, Local Economies, National, News, Public Bank, Public Banking
By KATIE LAUER for SiliconValley.com | February 26, 2023 — Financial lending would focus on affordable housing, small business, green energy and municipal finance Image above: Trader Michael Gallucci works at his post on the floor of the New York Stock Exchange,...
by Michelle Mosser | Apr 8, 2022 | Bank of North Dakota, California, Public Banking, Videos National & PBI Videos
California Public Banking Alliance hosted a virtual Town Hall on March 30, 2022 – regarding the groundbreaking efforts to start public banks in California. Keynote speaker Eric Hardmeyer, retired CEO, discusses the mechanics of the successful Bank of North Dakota —...