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More than half of chief financial officers see the potential for a significant impact on their business operations, according to a new survey from PwC.
Advisors may find it difficult to connect with the people who need financial help the most.
First Horizon, Pacific Premier and South State are warning in regulatory filings that the pandemic could complicate deals that have not been completed.
The coronavirus card will include real-time updates from the Centers for Disease Control regarding support and testing.
The National Credit Union Administration also ordered its own employees to work from home until at least the end of March.
The Federal Reserve's most recent economic-stimulus effort could reduce disparities between a rally in Treasurys and a relative slump in mortgage-backed securities that contributed to higher average home-lending rates last week.
Many institutions said they would close branches, operate drive-throughs only, limit lobby visits to appointments or take other protective steps. Yet others want to stay open to promote public confidence in the banking system.
The municipal finance industry is dealing with minute-by-minute news of state-wide school closures, shuttered restaurants, curfews and canceled events. New issues are increasingly being put on the day-to-day calendar.
Muni market players may have to rely on more than their basic instincts as the economy heads into stormy weather.
The agencies were up and running Monday but have taken steps to allow employees to work from home.














