Commercial lending

The San Antonio company said that it has scaled back its exposure to energy loans in favor of a greater emphasis on loans of less $10 million.

Using Orchard’s data science smarts, Kabbage intends to offer new payment products to small businesses and loan portfolio insights to financial institution partners.

Bank of America's new policy denying loans and other services to certain gun makers came after dozens of employees lost family members or suffered other trauma related to mass shootings in the past few years, CEO Brian Moynihan said.

The Federal Trade Commission alleges in a lawsuit that the company's "no-hidden-fee" pledge is deceptive. LendingClub says the claims are unwarranted.

The Silicon Valley-based institution is funding the housing, parking and mixed-use retail development in place of what used to be a raising-drying warehouse.

Double-digit growth in personal loans and record wealth management revenue also helped the Tulsa, Okla., beat earnings forecasts.

The Florida bank's placement of all taxi loans on nonaccrual status in recent months strengthened its bottom line in the first quarter.

Double-digit gains in the bank's two largest loan categories offset declines in commercial and home loans.

CIT took a $22 million hit on a business loan, and overall loan growth was tepid.

The Cincinnati bank reported strong profits, but its efforts to lower credit risk curbed lending as expenses rose in the first quarter.