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 Michelle Mosser | May 31, 2022 | Commercial Banking, Mortgage Loans, National, News
(Above) Mauise Ricard III’s four-bedroom colonial in a suburb of Atlanta. Photographer: Aboubacar Kante/Bloomberg Bloomberg, By Shawn Donnan, Ann Choi, Hannah Levitt and Christopher Cannon | March 10, 2022 Fewer than half of Black applicants were approved by the...
by Michelle Mosser | Mar 17, 2022 | Commercial Banking, Mortgage Loans, News
(Photo by Mike Mozart/ CC by 2.0) Also, formerly redlined neighborhoods are hotter, and New Yorkers experiencing homelessness fear for their safety NEXT CITY, by Roshan Abraham, March 17, 2022 Wells Fargo Denied More Than Half of Refinancing Applications From...