1. How frequently do you utilize Black-owned Banks?
2. What is your overall satisfaction level when dealing with Black-owned banks? (5 starts - highest).
3. Have you had success in getting loans, etc. from Black-owned Banks?
4. Are/were you worried about the financial stability of Black-owned banks? 5.Do you believe that Black-owned banks prioritize your needs?
An effort encouraging investors to buy stock in Black-run banks could create new challenges for
the leaders of those companies.
The Buying Black movement, which took root last week, led to sharp increases in the shares of
companies such as Broadway Financial in Los Angeles, Carver Bancorp in New York and M&F
Bancorp in Durham, N.C.
An influx of new investors could increase pressure to improve shareholder returns, while any
strategic effort designed to generate higher profits could also draw a backlash. At the same time,
markets are fickle — most shares in Black-run banks have fallen significantly in recent days as
some existing shareholders cashed out.
Indeed, Broadway's biggest investor — who had been pushing for the company's sale —
abruptly sold all of its stock after the value of its holdings soared.
Leaders of Black-run banks contend that what they need more than capital is more partnerships
with bigger banks to extend their reach to underserved customers.
Reuters Events will be hosting a free online webinar series focused on commodity trading and commodity value chains. Creative Investment Research serves as Media Partner for the events.
Commodity traders are under pressure to undergo massive transformation. Unprecedented volatility, changing consumer and governmental demands, digital transformation and an intense geopolitical landscape are impacting every commodity stakeholder.
That's why, on Wednesday June 24, Reuters Events will kick off their 2020 webinar series with a live fireside chat entitled "A View From the Top". Reuters' Editor in Charge (Energy, EMEA), Dmitry Zhdannikov will interview Mercuria Energy Trading's CEO, Marco Dunand.
Sign up to tune in live or get the recordings at the link below.
The fireside chat will address the following key discussion points to provide listeners with C-suite market insights:
• Understand how volatility is affecting the energy markets and learn how to respond effectiv…
On June 15, 2020, the SBA announced they were restarting the EIDL program with an additional $60 billion in funding. Independent contractors, freelancers, and gig workers can receive a $1,000 grant which you do not have to repay. Small businesses can apply for a grant of up to $1,000 per employee. Maximum $10,000. Loans from $150,000 to $2,000,000 may also be available.
Apply at covid19relief.sba.gov
See the video at right for more information.