loans

Regions Financial: Business Lending ‘Pipelines Are Beginning to Rebuild’
Regions Financial: Business Lending ‘Pipelines Are Beginning to Rebuild’
July 19, 2024  |  Earnings

Regions Financial saw average loans remain stable during the second quarter, with some signs that demand for business loans may pick up. Get the Full...

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CFPB Targets Tipping Model Used by Serena Williams-Backed SoLo Funds
CFPB Targets Tipping Model Used by Serena Williams-Backed SoLo Funds
July 19, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) is intensifying its scrutiny of SoLo Funds, a lending startup backed by tennis star Serena Williams. The CFPB has...

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CFPB Says Earned Wage Access Programs Are Consumer Loans
CFPB Says Earned Wage Access Programs Are Consumer Loans
July 18, 2024  |  CFPB

Regulators are painting several types of lending products with a broad brush, bringing an ever-widening swath of lenders under federal purview. Get the Full Story...

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AI’s Growing Role in Finance Brings Opportunity and Risk, House Panel Finds
AI’s Growing Role in Finance Brings Opportunity and Risk, House Panel Finds
July 18, 2024  |  artificial intelligence

Artificial intelligence (AI) is set to revolutionize finance and housing, bringing both game-changing benefits and thorny new risks that demand vigilant oversight, a bipartisan House...

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Lloyds Forms Direct Lending Partnership With Oaktree Capital
Lloyds Forms Direct Lending Partnership With Oaktree Capital
July 18, 2024  |  Partnerships

Lloyds Bank and Oaktree Capital Management have teamed to support U.K. “middle-market sponsor-backed borrowers.” Get the Full Story Complete the form to unlock this article...

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Commerce Bancshares Reports 3% YOY Growth in Loan Balances
Commerce Bancshares Reports 3% YOY Growth in Loan Balances
July 18, 2024  |  Earnings

Commerce Bancshares saw its net income increase 9% year over year, driven in part by expanding net interest margin. Get the Full Story Complete the...

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Discover Financial Sees Card Spending Decline as Consumers Remain ‘Cautious’
Discover Financial Sees Card Spending Decline as Consumers Remain ‘Cautious’
July 18, 2024  |  Earnings

Discover Financial Services reported second-quarter results that indicated consumers are turning to debit transactions, while the company’s card sales slipped year on year. Get the...

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Ally Reports Net Charge-Offs Rise Due to High-Priced Cars
Ally Reports Net Charge-Offs Rise Due to High-Priced Cars
July 17, 2024  |  Earnings

Ally Financial reported Wednesday (July 17) that its net charge-offs (NCOs) in the second quarter rose in comparison to the same quarter a year earlier,...

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US Bancorp: Credit Card Volumes Surge, Loan Delinquencies Stabilize
US Bancorp: Credit Card Volumes Surge, Loan Delinquencies Stabilize
July 17, 2024  |  Earnings

Bank earnings continue to show credit remains a key payments choice. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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