News Topic: Commercial lending

Struggling to find quality loans in the grueling Philadelphia market, Beneficial Bank is looking to accelerate growth by building a nationwide leasing firm from the ground up. ... Read full article

China’s threat to impose hefty tariffs on dozens of U.S. imports could weaken demand for soybeans, pork and other agricultural products. Here's what that could mean for farmers, ranchers and the banks that lend to them. ... Read full article

For Remington Outdoor Co., one of the oldest firearms makers in the U.S., not even going bankrupt is easy these days. ... Read full article

The Canadian bank becomes the largest institution to implement the fintech firm’s Bank Operating System technology. ... Read full article

A majority of midsize and large banks complain that red tape is mounting and that they are passing on higher regulatory costs to customers and have less flexibility in designing products, according to a new survey by the RMA. ... Read full article

Live Oak Bancshares took two years developing a loan for cemetery operators, a group that faces challenges with financing for property improvements. ... Read full article

The bank on Monday launched a loyalty and rewards program aimed at small businesses. ... Read full article

The holding company for Union Bank — itself a unit of the Japanese giant Mitsubishi UFJ Financial Group — is on a mission to double its size and become one of the nation's 10 largest banks. Under Steve Cummings, its first-ever American CEO, MUFG ... Read full article

As tax reform spurs demand, a rising rate environment is making the short-term loans more appealing to banks. ... Read full article

Trump Bay Street, a New Jersey luxury apartment tower part-owned by Kushner Cos., received a $200 million loan from Citigroup, according to two people familiar with the deal. ... Read full article

The San Juan company disclosed an error in the way it calculated the provision for losses in its commercial loan book. ... Read full article

Bank of America is offloading some margin loans after losing $292 million on soured credit to the former chairman of Steinhoff International Holdings, according to people with knowledge of the matter. ... Read full article

First the House and now the Senate have included provisions in their regulatory relief bills that bankers say would go a long way toward clearing up confusion over how to treat high-volatility commercial real estate loans. ... Read full article

As it expands to the West Coast, the bank will first target car dealers at which it is already an indirect consumer lender. ... Read full article

The online giant has succeeded in disrupting every area of retail, but in banking it faces a high barrier to entry and fierce determination from banks like Citizens Financial and Bank of the West to keep upping their games. ... Read full article

On Dec. 31, 2017. Dollars in thousands. ... Read full article

Wells has helped gun and ammunition companies access $431 million in loans and bonds since the 2012 Sandy Hook shooting. Other financial firms that are active as bookrunners for gunmakers include Morgan Stanley, TD Securities, Bank of America and JPMorgan ... Read full article

The company received bad news about the commercial loan after it reported a narrow profit in mid-February. ... Read full article