Commercial lending

Easing regs without mulling the consequences could hurt the financial system, but a fintech charter and other careful reforms could promote innovation, Patrick Harker said.

James Hobson is resigning to become the CEO of Attune, a new company in the commercial insurance sector.

A number of banks are tapping the brakes on commercial real estate lending, giving others an opportunity to make more loans at better terms.

Hong Kong and Singapore have long been economic crossroads. China and India are economies with vast populations. And Shenzhen is bursting with innovative creativity. All of these contribute to the Asian fintech market being far ahead in adoption and ecosystem creation.

The deal marks a milestone in SoFi’s evolution into a private bank for millennials, but it won’t solve the challenges of the alternative lender’s funding model.

Arkadi Kuhlmann, the founder and CEO of the neobank Zenbanx who pioneered branchless banking at ING Direct, explains why he stopped pursuing a bank charter and made a deal with Social Finance.

Bank CEOs have recently raised red flags about the president's protectionist rhetoric, including his proposals to tax imports from China and Mexico. The concerns have arisen as import-export financing is already facing headwinds.

Usama Ashraf, the marketplace lender's new chief financial officer, will oversee finance activities and its capital markets function.

The Louisiana company will enter several markets around Dallas with the $21 million deal

The company continued to reduce its exposure to energy loans during the fourth quarter.

The acquisition should allow the San Francisco-based online lender SoFi to fulfill a long-standing goal: offering a deposit account to its young, upwardly mobile customers.

Gary Armstrong, former Richmond, Va., market president for Park Sterling, will have a similar role at Bay Banks.

Citigroup's decision to exit mortgage servicing by the end of 2018 is part of a long-term strategy to increase returns and sharpen the bank's focus on its core retail customers.

The California bank has hired an outside firm to review its loans and will de-emphasize health care lending.

Eastern Bank developed its own online lending platform to compete with the likes of Kabbage and OnDeck. It might now be able to cash in by licensing to other banks.

If offering a national regulation option to fintech players is the carrot, compliance with commonsense borrower protections could be the stick in promoting responsible financial innovation.

With loans of $100,000 or less, the typical bank breaks even or loses money. But one Florida community bank is betting faster turnaround times on small-business loans can help the bottom line.

The banking trade group confirmed that it has run a formal bidding process to find a partner.

TCF Financial executives are considering pulling back from selling auto loans, following a sharp decline in gains during the fourth quarter.

Webster Financial was unable to hit its loan and deposit goals in Boston last year as it prioritized relationship building over cut-rate pricing.