Retail & Commercial

Goldman Sachs Group is reconsidering how to launch a long-delayed product for the masses as senior executives wrestle with cost overruns.

The acquisition of Town and Country Financial would provide the buyer entrance into Springfield and St. Louis Metro East.

The Canadian banking giant reported a 22% increase in loan balances, with the largest contribution coming from the United States. The surge in lending helped to compensate for weakness in debt and equity issuances.

HV Bancorp is gaining access to $100 million in fresh funding by agreeing to sell loan participations to MakerDAO, creator of the Dai cryptocurrency.

Staff feedback is crucial to tailoring benefits and designing new workspaces, experts say.

One of the most popular lending platforms for holders of nonfungible tokens such as Bored Apes to borrow against their collections is revising its terms after a drop in prices threatened to trigger the liquidation of much of the collateral backing many of the loans.  

A growing number of challenger banks and fintechs are trying to help customers live more sustainable lives through carbon calculators with localized data.

President Biden plans to make his long-awaited announcement on student debt relief Wednesday, according to people familiar with the timing.

Neal Holland, who has been serving as MUFG Union Bank's chief financial officer, will assume the same role at First Republic. It is the latest in a series of recent changes in the San Francisco bank's leadership ranks.

Forgiving student loan debt will cost between $300 billion and $980 billion over 10 years, according to a new analysis, with the majority of relief going toward borrowers in the top 60% of earners.