Lenders tighten underwriting standards; coronavirus death on Wall Street


Banks and fintechs are not taking undue risks in lending to new customers; Jefferies CFO Peg Broadbent succumbs to the disease at age 56.


Startup lender Petal launches its subprime credit card


The firm hopes to distinguish itself from other lenders by analyzing customer cash flow to determine the likelihood that borrowers will repay.