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The Detroit company recorded an 11% increase in car loans and leases originated during the fourth quarter, as well as a jump in yields. Ally appears to be benefiting from Wells Fargo's substantial retrenchment in auto lending.
January 30 -
The credit union’s members want products to help with cash flow, working capital and business expansion
January 30 -
The results included a $222 million goodwill impairment charge and other one-time items.
January 30 -
The online lender to small businesses is expanding its business deeper into traditional banks’ territory with larger loans.
January 30 -
On Sep. 30, 2017. Dollars in thousands.
January 29 -
The proposed legislation would give the agency authority to increase funding for the 7(a) program — with several caveats designed to manage exposure.
January 26 -
Meta Financial expects to originate $500 million to $1 billion in personal loans as part of a three-year partnership with Liberty Lending in New York.
January 26 -
The proposed legislation would give the agency authority to increase funding for the 7(a) program — with several caveats designed to manage exposure.
January 26 -
Earnings at the Santa Clara, Calif., company were boosted by a 16% increase in lending and gains on the company's investments in Roku.
January 25 -
Mick Mulvaney and Richard Cordray set themselves apart from the run-of-the-mill Beltway bashing of late when their war of words over the CFPB went positively bookish.
January 25 -
Despite the increase in loan demand, the New Jersey company swung to a loss in the quarter as it devalued its deferred tax asset.
January 25 -
David Nelms said that many digital lenders do not understand how to underwrite personal loans properly, and he took a dig at their lack of profitability. The upstarts say their industry's ability to attract capital speaks for itself.
January 25 -
The new tax law also resulted in more than $22 million of charges at the New Jersey-based bank.
January 25 -
Double-digit growth in total loans more than offset higher chargeoffs and a decline in fee income at the Pasadena, Calif., company.
January 25 -
The New York company named two new members to its executive committee as it splits oversight of business capital and consumer banking into separate jobs.
January 24 -
StreetShares seeks to tap into the loyalties of military veterans, bringing together borrowers and savers through an online platform.
January 24 -
Executives point out while they are fixing the online lender's very public problems, loan originations are still in the billions and it has expanded into wealth management.
January 24 -
BOK benefited from rising rates and revenue from its wealth management businesses, even as loan growth remained flat and other fee income categories declined.
January 24 -
The Oregon company's commercial and consumer lending grew even though fee income declined sharply.
January 23 -
Stepping in after co-founder Mike Cagney's resignation, Twitter's Anthony Noto needs to overhaul the firm's corporate culture, lay the groundwork for an IPO and determine whether to renew SoFi's pursuit of a bank charter.
January 23

























