-
It's no longer a matter of if, but when, regulators will require banks to document the impact of global warming on their loan portfolios and other operations.
April 9Willis Towers Watson -
Revlon lenders that received more than half a billion dollars in accidental payments from Citigroup are asking a judge to free up the money he’s already ruled is theirs to keep.
April 9 -
With its deal for Century Bancorp, Eastern will significantly boost its deposit share in greater Boston while gaining an entrée into several new business lines, including cannabis banking.
April 8 -
The Chicago fintech, which currently offers personal loans and credit cards, will add deposit accounts with the acquisition of Level.
April 8 -
Loanpal, a provider of residential-solar loans in the U.S., is planning an initial public offering this year that could value the company at more than $10 billion, according to people with knowledge of the matter.
April 8 -
Bankers are already working on marketing materials and new products for commercial borrowers that might secure government contracts under President Biden's $2 trillion American Jobs Plan.
April 5 -
Bankers are concerned that the Paycheck Protection Program could run out of money before it officially ends on May 31.
April 1 -
Caroline Taylor, who recently ran Small Business Administration lending at Capital One, aims to expand her team at Regions, help steer borrowers into economic recovery and reach out to women and minority small-business owners who have been underserved.
March 31 -
Legislation the president signed this week will extend the deadline for the Paycheck Protection Program to May 31 from March 31, giving businesses two additional months to apply for loans.
March 31 -
There are ways to remove bad actors from the industry — such as reinstating the Consumer Financial Protection Bureau’s payday lending rule and banning certain fees and collection practices — without hindering consumers’ access to emergency credit.
March 29OppFi