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Square 1 Bank, a unit of PacWest Bancorp, has hired two financial services veterans to expand its banking services for venture capital and private-equity firms and named a new leader of that practice.
November 1 -
Can banks outdo online lending startups in head-to-head competition? We're about to find out. Goldman Sachs, Wells Fargo and Quicken have all entered the digital lending business, putting early entrants on the defensive.
October 30 -
The Cincinnati bank is looking to middle-market lending in the Charlotte area to fuel future expansion, CEO Greg Carmichael says. The timing may be right, given disruption from M&A, as well as the Wells Fargo scandal fallout.
October 28 -
Small businesses hungry for financing will quickly ditch a banking relationship if they are unhappy, according to a new J.D. Power report.
October 27 -
A Washington, D.C.-based startup that finances higher education in the U.S. for international students announced a $6 million equity funding round.
October 27 -
Profits at BBVA Compass Bancshares dipped in the third quarter as the Houston company continued to slash its energy portfolio.
October 27 -
A recent federal court decision affirming the right of a servicer to collect on private student loans originated on Sallie Mae's behalf is good news for several parties, including marketplace lenders and others that partner with banks to make loans.
October 27 -
The Japanese banking giant Mitsubishi UFJ Financial Group has launched a new aviation finance business in the Americas and has named aircraft finance veteran Olivier Trauchessec managing director of the unit.
October 26 - Oklahoma
BOK Financial's third-quarter profit fell slightly as higher legal and other costs offset growth in loans and fee income.
October 26 -
The Office of the Comptroller of the Currency is expanding efforts to encourage the development of new banking products, announcing Wednesday that it will establish an office of innovation to spearhead research and communication related to fintech.
October 26