Commercial lending

In a setback for the U.S. consumer finance industry, the Supreme Court said Monday that it will not review a lower court's decision that bolstered the ability of states to enforce bans on high-cost lending.

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Evidence that regulators consider institution size when evaluating accounting compliance should encourage banks worried about the new loan-loss reserving standard.

Kabbage is licensing its digital lending technology to one of Canada's largest banks, which plans to offer an online application process to small businesses.

Prosper Marketplace is rolling out a revamped website that is designed to make loans it sells more attractive to individual investors.

Financial innovation, including distributed ledger technology and marketplace lending, has emerged as a new source of risk to the U.S. financial system, according to a report issued Tuesday by the Financial Stability Oversight Council.

A small Boston bank is betting it can attract tens of thousands of millennials by giving them a chance to pay off their student loans a few months early, rather than offering more common incentives such as interest on their deposits or airline miles for their purchases.

Bank United in Miami Lakes, Fla., has appointed two former Capital One Financial executives to lead its new equipment and franchise finance subsidiary.

Union Bankshares in Virginia is among the ranks of banks nearing $10 billion in assets. Unlike many banks of its size, Union feels no pressure to pursue a transformational deal to offset increased regulatory costs.

Tim Sloan, president and COO at Wells Fargo, is widely viewed as next in line to take over as CEO of the bank. He discussed the speculation — as well as energy lending, credit standards, living wills and a number of other topics — in a recent interview.

The rise in oil prices in recent months is welcome news for the energy sector, but it doesn't mean that oil and gas firms — and the banks that lend to them — are out of the woods just yet.

A group of CoBank ACB bondholders, including Capital Group Cos., are suing the farm lender after it repurchased $405 million of high-interest bonds over their objections.

The $3.2 billion-asset Park Sterling announced this week that it will hire four commercial and industrial bankers from the $2.3 billion-asset CommunityOne Bancorp to help expand its commercial banking team in the Charlotte metropolitan area.

Renaud Laplanche, the LendingClub founder who stepped down as its leader in a shakeup last month, sold off part of his stake in the company, according to a regulatory filing.

A growing number of marketplace lenders and other fintech companies say they no longer use FICO scores or are using them in a limited way. The open question is whether their alternative methods will be more effective.

A megabank on the surface might not seem like the right fit for the financing needs of upstart craft breweries, but Bank of America's Brian Mulvaney has cooked up quite a niche business.

Small-business lenders are scrambling for financing to accommodate a possible real-estate-related borrowing surge once a key federal rule change takes effect next week.

State student loan authorities sense a business opportunity helping graduates who are gainfully employed lower their payments. Their low-cost funding could put them in competition with banks and marketplace lenders.

Lending Club has revised its loan sales data for the last week of May after discovering that the numbers included loans that it actually bought itself.

A recent op-ed warning of the risks to participation holders in bank failures missed several important points about today's loan market.