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Funding Circle US fought to win a coveted license to make SBA 7(a) loans only to see its London-based parent company agree to a sale before it could make its first government-guaranteed loan
June 25 -
The Consumer Financial Protection Bureau extended the deadline for lenders with the highest volume of small-business loans to July 18, 2025, and will not assess penalties for reporting errors for a year.
June 25 -
Later this week, the Federal Reserve will release the results of its annual check-up on larger banks' balance sheets. Experts say there are always surprises, but that pending capital rules may have a bigger impact than the stress-test results on banks' dividend and buyback decisions.
June 24 -
There were 27 bank acquisitions worth $5.45 billion announced in the second quarter as of mid-June. That was more than the $5.2 billion combined value of deals announced over the previous five quarters.
June 24 -
The former head of Square Banking at Square is one of American Banker's 2024 Most Influential Women in Fintech.
June 24 -
These 20 bankers and fintech executives are helping banks go digital in new ways.
June 24 -
The managing director and head of treasury solutions at Texas Capital Bank is one of American Banker's 2024 Innovators of the Year.
June 24 -
This year Texas banks dominated American Banker's annual list of the top-performing larger community banks. See which institution came in at No. 1 for this asset class.
June 23 -
The best-performing larger Main Street Banks, those in the $2 billion to $10 billion asset class, were asset sensitive, a position that worked to their advantage as rates continued to climb in 2023.
June 23 -
The head of digital product management, platforms and innovation at BMO Bank is one of American Banker's 2024 Innovators of the Year.
June 21