Small banks turn to subordinated debt to fund growth
Lower interest rates are allowing banks to use the cheaper capital to repay higher-cost debt and prepare for future expansion. ... Read full article
Lower interest rates are allowing banks to use the cheaper capital to repay higher-cost debt and prepare for future expansion. ... Read full article
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. ... Read full article
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. ... Read full article