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Trump Administration Tightens Loan Scrutiny for Undocumented Immigrants

Joint Guidance Issued by Federal Regulators Banks Told to Verify Income Stability and Repayment Ability More Rigorously The Trump administration has issued new joint guidance directing...

LA small business loan program offers up to $300K for city contracts

The City of Los Angeles has launched a $1 million loan program to support local small businesses contracting with the city, helping them cover...

Korean American in San Francisco convicted in $7M cryptocurrency investment fraud

A Korean American man in San Francisco has been found guilty of running a cryptocurrency investment fraud scheme, defrauding investors of millions of dollars. According...

Hanmi Bank CEO Bonnie Lee named one of 25 Powerful Women to Watch

Hanmi Bank President and CEO Bonnie Lee has been named The Most Powerful Women to Watch 2023. On September 27, American Banker, a leading financial...

Federal student loan payments to resume in September, adding to financial hardship for young borrowers

Federal student loan payments will resume at the end of August after a nearly three-year pause due to the COVID-19 pandemic. According to the Department...

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