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The infrastructure fund dubbed BXINFRA targets individuals with at least $5 million of investments.
August 7
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The same creativity and flexibility that community development financial institutions bring to business lending ought to be applied to financing affordable housing.
August 7
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The parent company of Fulton Bank announced the creation of three new management roles and promoted existing employees into those jobs. The changes follow the recent hiring of an outsider to be CFO.
August 6
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The Bank of Japan's interest rate hike and plan for quantitative tightening have international markets scrambling to adjust to a new reality in which carry trade credit is tighter and a U.S. downturn is somewhat more likely.
August 6
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The Long Island-based thrift, long associated with multifamily and CRE lending, saw business lending spike the past year as it onboarded 15 banking teams. Other banks that did significant hiring have also reported more deposits and wider margins.
August 6
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The Dallas-based bank is the latest bank to announce plans for a direct lending rollout using nonbank capital.
August 6
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The proposed settlement would resolve allegations that USAA violated laws protecting those in the military from excessive interest rates. The bank said it "strongly disagrees" with the allegations.
August 6
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The resurgence of the syndicated loan market signals a pendulum swing back to greater reliance by debt issuers on traditional bank financing.
August 6
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Judge Martin Glenn of the Federal Bankruptcy Court of the Southern District of New York greenlighted SVB Financial's bankruptcy plan Monday, but $1.93 billion in FDIC-held deposits remain contested pending further litigation.
August 5
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Monday's market decline has sparked concerns of an economic downturn, calling attention to installment lenders that market to distressed consumers.
August 5
