Commercial lending

Nat Hoopes, executive director of a trade group that represents the chief executives of Wall Street banks, is making the jump to fintech.

Lending Club hired a pair of Wall Street executives to strengthen relationships with investors after many pulled back from buying the loans it arranges online during a tumultuous second quarter.

LendingClub wasn’t alone in its suffering during the second quarter.

Months after advocating for a blockbuster sale of Comerica, Hudson Executive Capital has slashed its stake in the company, as chatter about a potential deal has fizzled. Still, the firm is credited with pushing the struggling regional bank to adopt a surprisingly aggressive turnaround plan.

Medallion Financial, trying to diversify beyond its traditional business of financing taxi drivers, plans to issue loans on behalf of web-based lenders. But that new strategy faces some potential pitfalls.

The Bancorp in Wilmington, Del., has sold a loan portfolio as part of its effort to reduce the size of its discontinued commercial loan book.

Several lenders are attempting to recover a combined total of nearly $500 million from the estate of the deceased chief executive of an Oklahoma energy company.

The latest lending figures show just how prodigious banks' shift from construction to C&I loans has been since the crisis. Yet a hard look at C&I credits, especially their loss rates, raises questions about whether they are safer.

Fundation Group, a New York-based online small-business lender, announced Tuesday that it has secured a $100 million credit facility from Goldman Sachs.

Companies like Prosper have revolutionized the front end of the consumer lending experience, but they have not proven able to handle even minor financial bumps without running off the road.