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While big banks have grown more comfortable lending to casinos based on reservations, financial firms have been slower to embrace other Native American enterprises.
November 1 -
Online lenders' struggle with fraud is driving them to join new networks designed to find links between fraudulent loan applications and signs of borrowers trying to obtain multiple loans simultaneously.
November 1 -
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 -
Consumer Financial Protection Bureau Director Richard Cordray has revived an ongoing dispute between banks and fintech firms over screen scraping, a method certain companies use to obtain access to consumer bank records.
October 25 -
The online lender is entering the car-loan market at a time when some banks are scaling back and regulators are sounding the alarm about deteriorating underwriting standards.
October 25 -
Bizfi, a New York-based online small-business finance company, announced the hiring of John Donovan as its new chief executive officer.
October 24 -
The acquisition of Middleburg Financial would create a nearly $2.5 billion-asset bank in northern Virginia with strong mortgage originations and a growing wealth management business. It would provide an endgame for Middleburg while also making Access more appealing to potential buyers.
October 24 -
Signature and BankUnited had warned of weakness in their medallion portfolios for months but had resisted taking drastic measures. Things changed when large borrowers started to miss payments.
October 20 -
The California company plans to hire a second chief credit officer to specify monitor commercial lending and specialty lines. At least one analyst said the changes, which also include adjustments to credit policies, calls into question the company's strategic director and growth trajectory.
October 20 -
Signature Bank in New York reported a sharp decline in quarterly profits after suffering steep losses on its Chicago portfolio of taxi medallion loans.
October 20 -
MCA remains a very active area — and has become fiercely competitive.
October 20













