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Cadence has upped the exchange ratio by 10%, a move made necessary by the 40% decline in its stock price since the deal was announced in May.
December 26 -
The mortgage industry heads into 2019 with little relief from the market strains of the past three years. To succeed — or at least survive — lenders must confront major questions about demand, affordability and market consolidation.
December 26 -
The Lafayette, La.-based credit union was accused of firing an employee who complained about a training video with racially offensive content.
December 26 -
Amazon.com Inc. reported a record-breaking holiday season as shoppers loaded their online baskets with items from Echo speakers to Calvin Klein clothes, suggesting consumer optimism isn’t being deterred by a tumbling stock market.
December 26 -
On the surface, Ant Financial's reported discussions
to acquire U.K.-based WorldFirst demonstrate a savvy business move to establish itself beyond the substantial market it controls in China. It also shows how far the Chinese payments giant is willing to go to resist the headwinds of U.S. policy.December 26 -
The alleged supervisory lapses occurred over a five-year period, according to the regulator.
December 26 -
Entering 2019, lenders must think carefully about how they expand their auto loan portfolio. Failure to do so could result in bad loans and bad reviews online.
December 26
EFG Companies -
Even the best technologies take time, making it necessary to rein in expectations about what will happen and won't happen in the coming year.
December 26
FIS -
While much of the debate of the past decade has focused on the Dodd-Frank Act, changes to Basel capital standards have played a big role in adding to the regulatory burden.
December 26
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Greater Commercial Lending has targeted making loans in some unique sectors, including mining and renewable energy, after launching in January.
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