Deposits rebound at smaller banks after crisis; SVB's community benefits

Community, regional banks recoup deposits following failure scare : Stripping out the 25 largest banks by U.S. assets, Federal Reserve data showed the industry gained back $5.8 billion of deposits.

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Silicon Valley Bank pledged $11 billion in community benefits. Now what : Two years ago, the parent company of Silicon Valley Bank promised $11.2 billion in community development support. Activists want First Citizens Bank , which acquired much of the failed bank, to fulfill the commitment.

CFPB issues policy statement redefining what constitutes 'abusive' conduct : The Consumer Financial Protection Bureau issued a broad policy statement on what constitutes an "abusive" act or practice. Industry has long sought to narrow the definition.

An account-switching fintech's view of the banking crisis : Pinwheel , which automates the setup of direct deposit at new accounts, endured a brief and unexpected surge in traffic during mid-March's bank runs.

Banks may be using accounting maneuvers to avoid reporting losses : Banks have been reclassifying their losses to avoid taking steep write-downs that could be helping them stay in business.

Merrill keeps retiring private wealth head on board after leader Sieg jumps to Citigroup : Don Plaus, CIMA? had planned to leave the bank after March 31. But 美林证券 head Andy Sieg 's sudden departure for 花旗 triggered an executive shuffle.