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Federal Reserve Board Releases Hypothetical Scenarios For Its 2021 Bank Stress Tests

Federal Reserve Board Releases Hypothetical Scenarios For Its 2021 Bank Stress Tests Date 12/02/2021 The Federal Reserve Board on Friday released the hypothetical scenarios for its 2021 bank stress tests. Last year, the Board found that large banks were generally well capitalized under a range of hypothetical events but due to continuing economic uncertainty placed restrictions on bank payouts to preserve the strength of the banking sector. The Board s stress tests help ensure that large banks are able to lend to households and businesses even in a severe recession. The exercise evaluates the resilience of large banks by estimating their loan losses and capital levels which provide a cushion against losses under hypothetical recession scenarios that extend nine quarters into the future.

CLS Holdings USA, Inc Reports Record January Revenues, Continues Growing Product Catalog

CLS Holdings USA, Inc Reports Record January Revenues, Continues Growing Product Catalog
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MIL-OSI USA: Federal Reserve Board announces termination of enforcement action with Santander Holdings USA, Inc and Santander Consumer USA, Inc

. February 04, 2021 Federal Reserve Board announces termination of enforcement action with Santander Holdings USA, Inc. and Santander Consumer USA, Inc. For release at 11:30 a.m. EST The Federal Reserve Board on Thursday announced the termination of the enforcement action listed below: Santander Holdings USA, Inc., Boston, Massachusetts and Santander Consumer USA, Inc., Dallas, TexasWritten Agreement dated March 21, 2017 (PDF)Terminated February 2, 2021 Additional enforcement actions can be searched for here. For media inquiries, call 202-452-2955. Last Update: February 04, 2021

Santander Holdings USA, Inc and Santander Consumer USA Inc Confirm Termination of Written Agreement with Federal Reserve Bank of Boston

Share: BOSTON and DALLAS, Feb. 4, 2021 /PRNewswire/ Santander Holdings USA, Inc. ( SHUSA ) and Santander Consumer USA Holdings Inc. (NYSE:SC) ( SC ), today confirmed that the Board of Governors of the Federal Reserve System has authorized the Federal Reserve Bank of Boston to terminate its Written Agreement dated March 21, 2017, with SHUSA and SC s wholly-owned subsidiary, Santander Consumer USA Inc. Since 2015, SHUSA and SC have made significant progress in strengthening board oversight, compliance, risk management, capital planning and liquidity risk management. The 2017 Written Agreement required Santander to strengthen risk management across Santander US, and its termination demonstrates the progress Santander has made in recent years. The enhancements made to SHUSA s and SC s risk programs in response to the 2017 Written Agreement are now fully embedded in Santander s US operations.

CLS Holdings USA, Inc Branded Division Releases Five New Vape Blends, Anticipates Rising Category Leadership

CLS Holdings USA, Inc. Branded Division Releases Five New Vape Blends, Anticipates Rising Category Leadership LAS VEGAS, NV / ACCESSWIRE / February 2, 2021 / CLS Holdings USA, Inc. (OTCQB:CLSH) (CSE:CLSH), the Company or CLS , a diversified cannabis company operating as Cannabis Life Sciences, today announced the availability of its branded division s new vape products. City Trees, the Company s manufacturing subsidiary, is now offering five new distillate blends available in disposable vape pens, cartridges, and refill oil applicators. While City Trees currently has over 70% market penetration, the brand is poised to continue growing market share and strengthen its position as Nevada s premier extract producer with the release of these new products.

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