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Marketplace lenders that have partnered with banks face more scrutiny after a federal judge in California handed a legal victory last week to the Consumer Financial Protection Bureau.
September 9 -
The Financial Accounting Standards Board's accounting rules for credit risk have good intentions, but a likely amplification of the ups and downs of the credit market was probably not one of them.
September 9Milepost Capital Management -
Orrstown Financial Services in Shippensburg, Pa., has hired three former rivals from Metro Bank in Harrisburg: Adam Metz, Andrew Johnson and Doug Hummer.
September 8 -
Within five years, a dramatic transformation of the mortgage market will force firms to expand product menus beyond mortgages to develop stronger relationships with their customers.
September 8 -
The large marketplace lender is turning to everyday savers as it seeks to bounce back from a damaging scandal.
September 8 -
Live Oak Bancshares in Wilmington, N.C., has formed a renewable energy lending division.
September 7 -
Despite their slowdown in growth, marketplace lenders are still in good position to gain from the digitization of the financial services industry.
September 7 -
Laura Oberst will take over as Wells Fargo's head of business banking at yearend.
September 2 -
Plenty of banks have ended their federal loss-share deals early, but despite the incentives to wind them down, plenty more still have these crisis-era arrangements in place. It may be due to varying deadlines, mistakes calculating loan values or worries that they still might need the coverage for home equity lines.
August 31 -
Marlin Business Services in Mt. Laurel, N.J., has partnered with electronics manufacturer JVCKenwood USA to provide financing plans for its customers.
August 30