Commercial lending

Moody's managing director Will Black notes that P-to-P firms are growing at a time when credit losses are low, and argues that the companies' loan-servicing operations will become more important over time.

A Federal Trade Commission crackdown on a failed Kickstarter campaign may presage closer government scrutiny of peer-to-peer lending.

Wells Fargo and Toronto-Dominion Bank are exploring offers for a batch of U.S. commercial-lending businesses General Electric is selling as whittles down its finance arm.

The Spanish-language TV channel Univision has launched a new online small-business lending platform.

Marketplace lending company Lending Club is teaming up with a California-based nonprofit organization to make loans to small businesses that otherwise would have had their applications rejected.

Prosper Marketplace, the first peer-to- peer lender in the U.S., is planning to charge an extra fee to investors who want to bundle its loans into bonds in order to offset its increased costs from the securitization process.

CommonBond, a marketplace lender specializing in private student loans, announced its first securitization Wednesday.

The warehouse retail chain's partnerships with LendingClub and SmartBiz illustrate how bank branches are becoming less relevant in the lives of small-business owners.

The P-to-P industry in Britain has remained focused on individual investors, even as American firms have been courting institutional money. But the two markets may finally be starting to converge.

The Federal Deposit Insurance Corp. will prioritize requests for temporary office space and waive certain document-filing rules for Texas and Oklahoma banks affected by recent storms.

In the second part of a three-part conversation, CommonBond Chief Executive David Klein weighs the competing goals of gaining market share and posting a profit in the nascent marketplace lending industry.

The explosive growth of largely unregulated online lenders has given them new opportunities to prey on unsuspecting borrowers.

A small Austin, Texas, bank, formerly called Libertad, had to abandon its initial plan to target unbanked Hispanics. But it has made the most of its second chance by finding a niche in lending to real estate investors. Now it's looking to diversify.

First BanCorp in San Juan, Puerto Rico, has agreed to sell about $200 million in nonperforming loans and other assets to improve credit quality.

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Orchard Platform in New York has added two nonbank lenders to its marketplace lending service that matches institutional investors with loan originators.

Several Puerto Rican banks are dealing with a sour participation to a major utility on the island. The creditor — like the Puerto Rican government — is barred from filing for bankruptcy, complicating matters for its lenders.

Several big banks have hired environmental professionals from far outside the world of banking to make sure banks' clients aren't doing things to threaten water quality, public health or worker safety. The executives' job is to protect their banks' credit books — and reputations.

In the first part of a three-part conversation, CommonBond Chief Executive David Klein argues that large and small banks have different roles to play in the marketplace lending ecosystem.

Wells Fargo has named Rohan Kalbag head of commercial banking for northern California. Kalbag was the sales manager for commercial banking in California, Oregon, and Washington for Wells.