News Topic: Commercial lending

The Los Angeles company said it is also looking into internal controls tied to construction lending. ... Read full article

President Trump is expected to sign legislation soon that would expand the number of farmers who could file under the more lenient Chapter 12. Ag lenders are worried because farm bankruptcies recently rose and the trade war with China could worsen. ... Read full article

The Michigan company disclosed that an unnamed client made a large payment on a $6.5 million nonperforming loan. ... Read full article

Anticipating recession, banks start scrubbing loan books; how Trump's political appointees thwarted tougher settlements with two big banks; the Fed's plans on its real-time payment service; and more from this week's most-read stories. ... Read full article

The New Jersey company was reportedly shopping itself around last fall. Fresh off an agreement to buy Gold Coast Bancorp in New York, CEO Kevin Cummings says he is ready to explore other acquisitions. ... Read full article

Fresh data from the Fed, FDIC and Bank of England shows that, directly or indirectly, banks are taking on more leveraged loans. But whether this puts their loan and securities portfolios at risk remains open for debate. ... Read full article

Mall landlords accustomed to offering rent reductions to ailing retailers are mulling a new strategy to forestall the industry's collapse: positioning themselves as lenders to tenants struggling to stay afloat. ... Read full article

Krista Morgan, the founder and CEO of P2Binvestor, discusses her firm's bank deals and the tech driving its platform. ... Read full article

On Mar. 31, 2019. Dollars in thousands. ... Read full article

These banks posted strong quarterly results at a time when many others struggled with thinner margins and rising expenses. ... Read full article

It’s hard to time the next economic slowdown. But lenders, many with lingering memories of the financial crisis, are taking steps now to limit exposure in commercial real estate, construction and other loan segments. ... Read full article

JPMorgan Chase ends business loan partnership with OnDeck; Truist out to prove it can best the megabanks in tech; Capital One's data breach was bad, but it could've been worse; and more from this week's most-read stories. ... Read full article

Barclays will stop providing future financing to companies that manage private prisons and immigration holding facilities, joining other major lenders in shunning the industry. ... Read full article

Several small and midsize banks say they are losing borrowers to rivals and worry the trend could get worse as interest rates decline. ... Read full article

Several megabanks dominate the market, but First Choice is seeking to expand there by catering to its ready supply of midsize businesses. It's not the only one. ... Read full article

Pressure to raise rates on deposits offset strong loan growth at the Salt Lake City company. ... Read full article

On Mar. 31, 2019. Dollars in thousands. ... Read full article

CEO William Demchak, encouraged by early returns from new branches in Dallas and Kansas City, Mo., plans to enter even more markets. ... Read full article