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The Senate has confirmed a new president and two board members, giving the U.S. Export-Import Bank the ability to approve loan guarantees of more than $10 million for the first time since 2015.
May 8 -
The San Francisco-based online lender, which has recorded nearly $450 million in losses since 2016, is taking aggressive steps to achieve adjusted profitability later this year.
May 7 -
Lenders say they are seeing a rise in synthetic identity and other types of attempted fraud. Here’s what they are doing to thwart it.
May 7 -
The Mile High City has been disrupted by a number of big bank mergers, which could increase competitive pressures on CUs across the state.
May 7 -
The central bank said that while financial markets' desire for higher yields raises the potential for losses, capital and liquidity safeguards temper any concerns about a looming crash.
May 7 -
Lawmakers from both parties oppose a Small Business Administration proposal to raise guarantee fees. The clash could lead to a halt in operations this fall.
May 7 -
Eileen Murray has talked about leaving Bridgewater; A deal with Roger Ng could lead to charges against Goldman and its employees.
May 7 -
The Mile High City has been disrupted by a number of big M&A deals, providing an opening for other banks to benefit.
May 6 -
The National Credit Union Administration and the Small Business Administration have established a program to boost SBA lending by credit unions, which was very light last year. It is sure to irk bankers, who have raised competitive concerns.
May 3 -
Banks that serve U.S. farmers are increasingly restructuring existing loans and boosting the collateral needed for new ones as the numbers of late and missed payments have risen.
May 3 -
The online small-business lender said it tightened its underwriting standards during the first quarter as credit quality worsened.
May 2 -
Erika Marquez discovered an anomaly that was causing Sumitomo Mitsui Banking Corp. to treat some loans as though they required significantly more regulatory capital than they actually did.
May 1 -
Shelley Seifert had been the bank's chief operating officer.
May 1 -
The Democratic senator's legislation, which has been floated in previous years, would apply to the APRs on all open-end and closed-end consumer credit transactions.
April 30 -
The Democratic senator's legislation, which has been floated in previous years, would apply to the APRs on all open-end and closed-end consumer credit transactions.
April 30 -
The good times continue to roll for two New York City marshals whose work collecting debts for predatory lenders is making them millionaires.
April 30 -
Chantel Chase knows the value of efficiency, and her many ventures at Zions Bancorp. have depended on it.
April 29 -
Even as consumer and CRE lending slowed in the first quarter, business lending — particularly to middle-market companies — surged. But some banks are already warning that the growth could taper off as competition from nonbanks heats up.
April 29 -
Built Technologies will use the money to invest in research and development while it builds out its client base.
April 29 -
The Indiana credit union agreed to pay $21.3 million in cash for New Bancorp, which was created when its savings bank converted to a stock-owned company in 2015.
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