Banking: subordinated debt

Small banks turn to subordinated debt to fund growth

12/19/19

Lower interest rates are allowing banks to use the cheaper capital to repay higher-cost debt and prepare for future expansion.

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NCUA approves budget, delays capital plan. No one's happy.

12/12/19

The National Credit Union Administration board signed off on a controversial budget, and it delayed its risk-based capital rule to buy itself time amid complaints by bankers.

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U.S. shadow lenders see loan volume slow, quality decline

11/05/19

The month of October brought some jumbo unitranche loans to the direct lending market. It also brought declines in the quality and terms of broader deals, according to some participants.

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