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On the first big day of 2Q results, bankers said their investments in middle-market lending have started paying off. JPMorgan Chase and PNC have added commercial loan officers in new markets across the country.
July 14 -
While some policymakers are open to accommodating fintech companies with looser oversight compared with banks, the New York State superintendent is unapologetic about her tough approach.
July 14 -
Distressed-mortgage investors are descending on troubled Puerto Rico. What’s luring them is the opportunity to scoop up home loans and foreclosed properties for pennies on the dollar.
July 14 -
While industry consolidation remains slow compared with previous years, certain regions are humming along with strong volume and improved pricing. Here’s a look at each region based on June 30 data from KBW and S&P Global Market Intelligence.
July 14 -
Several RBB Bancorp executives and directors, including CEO Alan Thian, will also sell a significant number of shares when the Los Angeles company goes public.
July 14 -
Wells Fargo's new car loans dropped by almost half in the second quarter, while its automotive portfolio fell to the lowest level in two years after the San Francisco-based company tightened underwriting standards.
July 14 -
Without climate change mitigation, financial institutions should expect higher weather-related losses, greater uncertainty surrounding transition pathways and increased market volatility.
July 14
Global Risk Institute -
Business lending rose 6% at the Pittsburgh bank, while consumer lending was largely flat.
July 14 -
Citigroup's bond traders and investment bankers are closing in on their rivals at JPMorgan Chase.
July 14 -
Readers slam credit unions’ ever-inclusive membership criteria, weigh in on the OCC’s proposed fintech charter, encourage a rewrite of the CRA, and more.
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