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RSS FeedsThe Latest: Financial firms among big relief fund recipients
(World News USA)

 
 

7 july 2020 01:23:06

 
The Latest: Financial firms among big relief fund recipients
(World News USA)
 


NEW YORK (AP) — The Latest on the Treasury decision to identify hundreds of thousands of businesses that received funding through the Paycheck Protection Program, created to preserve jobs at smaller businesses during the coronavirus pandemic: ——— The financial services industry received roughly $27 billion from the Paycheck Protection Program, the coronavirus-relief fund aimed at helping small businesses, according to government data. The list of borrowers includes a handful of banks, but the money mostly when to securities brokerages, financial advisers and hedge funds. Real estate investment companies, which are grouped in with other financial services as part of the data, were also a big...


 
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