Capital markets

Looking past the recent U.S. banking turmoil, Sumitomo Mitsui Financial Group aims to accelerate its North American expansion plans.

StellarFi, Stratyfy, FinClusive and Oscilar have all had positive news in recent days.

The Securities and Exchange Commission has also proposed regulation to "level the playing field" in the equities market.

The agency, which oversees government-related investors that set underwriting parameters in the U.S. mortgage market, estimates the process will begin in 2024.

The North Carolina bank's venture capital arm has recently taken stakes in two early-stage companies, including one aimed at helping independent pharmacists, after cashing out on two others last year.

Institutions can borrow against par-valued securities that they would otherwise have to sell at a loss when there's a run on deposits, and it could have effectiveness beyond its actual usage.

Leaders said the value of learning about emerging technologies outweighs a tighter economic environment.

The collapse of Silicon Valley Bank ratcheted up the financial pressure on startup companies that was already building. How can new entrants adapt?

The new fees based on the DTI, which lenders have said is too likely to vary throughout the origination process for a single loan, will now go into effect in August.

Some tech startup clients had to scramble to retrieve money as the bank was closing. Many wonder which financial institution will fill the void.