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Sba waives interest, defers payment on new disaster loans
Small-business owners who took out disaster loans in response to Hurricane Fiona and Ivan will not have...
December 9, 2022, 4:14 pm
Sunset market commentary
Markets With no eco data with market moving potential scheduled for release in the EMU, European fixed income traders kept a close eye on how much TLT...
December 9, 2022, 3:17 pm
Walmart-backed fintech startup plans to launch its own buy now, pay later loans
The fintech startup, called One, wants to launch a service that shoppers could use at Walmart's website and stores, as well as at other retailers....
December 9, 2022, 10:50 am
State makes start-up loans available for small businesses
The State of Colorado, through its Office of Economic Development & International Trade (OEDIT), recently created the Colorado Startup...
December 9, 2022, 8:29 am
Barclays most exposed to leveraged loans as risks rise - analyst warns
Barclays PLC (LSE:BARC) is the most exposed UK bank to loans that backed leveraged buyouts and other h...
December 9, 2022, 4:58 am
Capital one: deep value stock, but more room to fall
Inflation and rising interest rates have taken a toll on Capital One's bottom-line and stock price. Amid market uncertainty, Capital One did produce g...
December 9, 2022, 3:52 am
Sponsor of florida’s ‘don’t say gay’ law resigns amid accusations of covid-19 loan fraud
The Florida lawmaker who sponsored the law that critics have dubbed the “Don’t Say Gay” law resigned Thursday, one day after he was indicted on ...
December 9, 2022, 3:14 am
Heritage commerce: outlook on net interest income remains positive
Thanks to the large balance of non-interest-bearing deposits, the top line is quite sensitive to interest rate changes. The economy of the San Francis...
December 9, 2022, 3:00 am
Chicanos por la causa lending program faces investigation as part of covid-19 loan fraud scandal
The U.S. Small Business Administration said it’s investigating the Prestamos financial division of Phoenix-based Chicanos Por La Causa and others. R...
December 9, 2022, 12:29 am
Lawmaker harding resigns after feds charge him with covid loan fraud
The Florida lawmaker who sponsored the controversial law critics call “Don’t Say Gay” resigned on Thursday, one day after authorities announced ...
December 8, 2022, 11:59 pm
The author of florida’s ‘don’t say gay’ bill resigns after being indicted on charges of swindling covid-relief loans
In a short statement, Florida State Representative Joe Harding said that he was resigning due to “legal issues that require my complete focus.” �...
December 8, 2022, 11:29 pm
Cfpb sides with states in fight over small-business loan disclosures
New York and California are among the states that have laws requiring lenders to make certain disclosures to small-business borrowers. The Consumer Fi...
December 8, 2022, 11:29 pm
Walmart plans to offer bnpl loans through its fintech venture - report
The fintech venture backed by Walmart Inc is planning to launch buy now, pay later loans as soon as nex...
December 8, 2022, 6:31 pm
First republic paying a steep cost for growth
First Republic is seeing a significant contraction in net interest spreads at a time when many peers are still benefiting from their rate leverage. Th...
December 8, 2022, 3:58 pm
Wsfs bank ranked #1 among sba lenders in greater philadelphia and delaware based on the amount of local sba 7(a) loans
WILMINGTON, Del., Dec. 08, 2022 (GLOBE NEWSWIRE) — WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), is pleased to ann...
December 8, 2022, 2:41 pm
P10 billion covid-19 loans for small businesses undisbursed, underutilized
State auditors found that tedious application processes discouraged small businesses from taking out emergency...
December 8, 2022, 12:14 pm
Rate hikes, loan growth aid svb financial (sivb) amid cost woes
SVB Financial (SIVB) is well-poised for growth, supported by its inorganic expansion initiatives and a solid balance sheet position. Yet, elevated cos...
December 8, 2022, 12:03 pm
Illinois receives more than $350 million in federal support for small businesses
Small businesses in Illinois will soon get access to more loans thanks to the American Rescue Plan Act....
December 8, 2022, 9:59 am
More on - musk may get a margin loan backed by tesla (tsla) stock for twitter debt cover
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December 8, 2022, 3:00 am
