Commercial lending

Why Signature Bank is pressing ahead with West Coast expansion


The New York commercial bank says geographic diversification is a long-term necessity and that the interplay of its private banking and commercial banking businesses has helped it withstand the economic shock of the coronavirus.


Wary outlook for loan growth after PPP boost


The Paycheck Protection Program propped up many banks' balance sheets in the first half of the year, but what will drive loan demand in the second half?


Did Fed get it right on shareholder payouts?


Some observers said the central bank should have suspended dividends entirely in response to an unprecedented economic emergency caused by the pandemic. Others said its more cautious moves were appropriate because big banks' capital is strong and the economy could bounce back.


Rosengren's Main Street pitch to banks: Get in it for long haul


Participation in the Main Street Lending Program for midsize companies is partly about public service, but the core business rationale is building "a banking relationship that continues on for some time," the Boston Fed chief says.


How long will banks have to keep padding loan-loss reserves?


Lenders are cautioning not only that second-quarter provisions might exceed the spike seen earlier this year, but also that credit costs could be elevated into 2021 if the economic slowdown drags on or fears of a second coronavirus wave are borne out.


Amazon, Goldman will offer small-business lines of credit


The venture with Goldman Sachs represents the first time Amazon has let a third party control the underwriting process of one of its financing offerings.


Guarded optimism from bank execs as economy reopens


Leaders of companies including Citizens, Comerica and Truist offered more upbeat assessments of loan demand and credit quality than they have in recent weeks. But others warned of weakness in key sectors such as energy and real estate, and said forbearance policies may be hiding potential pitfalls.


PNC open to deal that would boost assets to $700 billion, CEO says


Flush with capital from the sale of its stake in BlackRock, PNC is willing to go big on an acquisition but would be wary of buying a bank with a heavy concentration of consumer loans, CEO William Demchak said.


Lenders, businesses say confusing rules hampered virus rescue


Representatives of lenders as well as businesses that received pandemic bailout money told an oversight board Wednesday that delayed and confusing instructions from the government hampered the effectiveness of the main rescue program for smaller companies.


BOK scrambles to stem losses from shuttered tribal casinos


Two years ago, the Tulsa, Okla., bank expanded its Native American casino lending business nationwide. It seemed like a great plan until the coronavirus pandemic struck.