Credit quality

The JPM-OnDeck split, Truist's tech plans, Capital One's breach: Top stories of the week

08/02/19

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.

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When do credit problems move from one-off to trend?

07/29/19

Credit quality is being second-guessed after several banks reported higher 2Q charge-offs.

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Credit performance stabilizes at Synchrony

07/19/19

After rising between 2016 and 2018, the card issuer's charge-off rates are now steady. The trend reflects both the impact of tighter underwriting standards and the continued resilience of U.S. consumers.

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Agricultural issues, borrower fraud to cut into Great Western's profit

07/17/19

The South Dakota company warned that it will charge off millions of dollars in loans to dairy and cattle farmers.

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FASB extends CECL deadline for most lenders

07/17/19

The decision gives the vast majority of banks and credit unions another year to implement the controversial accounting method for loan losses.

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First Republic views loan growth as key offset to margin pressure

07/16/19

The San Francisco company touted a strong pipeline for loans over the rest of this year.

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Community banks' 2Q deposit costs will be put under microscope

07/12/19

Credit quality and loan growth are also topics of interest, but industry observers say the second quarter could separate the haves from have-nots when it comes to low-cost funding.

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Don’t look now, but home equity delinquencies are rising

07/10/19

Past due home equity loans and credit lines rose while most other consumer lending categories held steady or improved, according to new data from the ABA. Why it happened is a bit of a mystery.

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WSFS in Delaware warns of higher 2Q credit costs

07/09/19

The company disclosed that net charge-offs will spike due to issues with loans to a health care facility and a refinery.

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Small-dollar lending fintech attracts Prudential backing

06/25/19

Aura is one of the few fintechs in the nation to have a Community Development Financial Institution designation from the U.S. Department of the Treasury.

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