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The nation's largest private student lender plans to use $30 million of its anticipated tax-cut windfall to speed up its diversification plan and strengthen its digital capabilities.
January 18 -
Wealth management assets, deposits and fee income swelled at the San Francisco bank, but interest and noninterest costs rose along with them.
January 16 -
Helping young employees pay down student debt is a more meaningful benefit than pingpong tables at work or free beer.
January 3 -
Though Marlene Caride has no direct experience in the banking industry, she could play a key role in carrying out Governor-elect Phil Murphy’s pledge to create a public bank in the Garden State.
December 21 -
BankMobile, the digital-only subsidiary of Customers Bank in Wyomissing, Pa., is planning to use software by Upstart to offer its first credit product to graduates and other young consumers with little to no credit history.
December 20 -
The executive tasked with reshaping Wells Fargo's embattled retail banking unit will now also be responsible for mortgage, auto and student lending.
December 18 -
The two Democratic lawmakers sent a letter Monday to the four largest servicing companies asking them to address borrower complaints.
December 18 -
Departing central bank chief says colleagues are committed to strict bank regulation; marketplace lending not living up to promises as delinquencies continue to rise.
December 14 -
ReliaMax is an unusual kind of marketplace lender that says it can help regional and community banks take advantage of business opportunities in private student lending.
December 11 -
Introducing limits on federally guaranteed loans to graduate students, instead of letting them borrow whatever schools charge, would create a multibillion-dollar opportunity for private lenders.
November 30