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China construction bank h1 profit up 3.36%

China Construction Bank Corp (CCB), the first of the country's Big Five lenders to report half-year res...

August 23, 2023, 6:44 am

S&p downgrades five us banks as rising interest rates threaten liquidity

S&P Global Ratings has downgraded five regional banks and put several others on a negative outlook due to the increasingly difficult operating environ...

August 22, 2023, 1:04 pm

U.s. banks and regional lenders slide across the board as s&p is latest to downgrade ratings

U.S. banks and regional banks fell across the board on Tuesday, after S&P Global Ratings downgraded five smaller players after a review of risk relate...

August 22, 2023, 12:42 pm

Aud and nzd marked lower after the people's bank of china rate cut is less than expected

China cut one-year LPR by 10 bp to 3.45% from previous 3.55%And the Five-year LPR remains unchanged at 4.2%.The property sector is as good as dead and...

August 21, 2023, 1:24 am

Weekend - the pboc met with bank executives and told lenders, again, to boost loans

Representatives from the People's Bank of China and other Chinese financial market regulators met with bank executives over the weekend and instructed...

August 20, 2023, 8:38 pm

Why cdfis are the best kept secret for small businesses

Q&A: How mission-driven financial institutions can help entrepreneurs deemed “too risky” by traditional lenders. Read Full Story at source (may re...

August 18, 2023, 10:14 am

Us mortgage rates reach highest levels in over 20 years

US mortgage rates hit the highest level in 20 years.The average mortgage rate increased to 7.09% as reported by Freddie Mac.A year ago the rate was ar...

August 17, 2023, 5:57 pm

Evergrande delays meetings as china property contagion fears grow

Embattled property developer Evergrande added to the growing concern about the health of China's property sector as it delayed meetings with ...

August 17, 2023, 7:21 am

Here are the changes to the sba 7(a) program and how they’re working for businesses and lenders

The Small Business Administration has made a number of changes to streamline its 7 (a) loan program — and bankers say it’s made the loan process f...

August 16, 2023, 6:44 pm

How to apply for an sba loan

SBA loans are backed by the Small Business Administration (SBA), but facilitated through private lenders. Therefore, the process for applying can vary...

August 16, 2023, 5:29 pm

Growing regulatory concerns push us bank stocks downward

The stocks of US banks stumbled today (Tuesday) amidst fears of stricter regulations and possible additional downgrade of several ...

August 15, 2023, 10:48 pm

Apollo-led lenders sell yellow loan to citadel

The firm exited its loan investment after rival lenders offered better terms to finance Yellow's liquid...

August 15, 2023, 8:33 pm

Wheels up offers 95% of its stock to lenders for $500 million lifeline

Wheels Up Experience, a company that charters private jets, announced a deal to give up nearly all of its stock to a trio of lending partners in excha...

August 15, 2023, 7:05 pm

Fitch warns it may be forced to downgrade dozens of banks, including jpmorgan chase

Fitch Ratings warned that U.S. banks have inched closer to sweeping rating downgrades on dozens of lenders, including JPMorgan Chase and Bank of Ameri...

August 15, 2023, 5:30 am

This ai stock is down almost 40% this week alone -- is it time to buy?

Upstart's Q2 earnings showed that macroeconomic challenges are still hurting its business. It could take several quarters to regain the confidence of ...

August 15, 2023, 5:15 am

Sba community advantage loans: what they are and how to qualify

The SBA Community Advantage loan program will expire on Sept. 30, 2023. Current Community Advantage lenders ...

August 14, 2023, 6:59 am

Black lenders look to tap hidden strengths in a tough year for small banks

Minority-led banks are pushing to maintain their momentum after a big growth spurt following George Floyd’s murder. Higher interest rates and other ...

August 12, 2023, 10:14 am

Natwest and virgin money join in slashing mortgage rates

NatWest Group PLC (LSE:NWG) and Virgin Money UK PLC (LSE:VMUK) have joined the mortgage rate battle, reducing rates on their fixed deal after four maj...

August 11, 2023, 3:21 am

Is wells fargo stock a buy?

Wells Fargo is implicated in yet another unauthorized account opening matter. Banks and other lenders a...

August 10, 2023, 9:40 am

China is experiencing deflation. moody’s downgraded the credit ratings of us banks

By JustMarkets At yesterday’s stock market close, the Dow Jones Index (US30) decreased by 0.42%, while the S&P 500 Index (US500) lost 0.42%. The NAS...

August 9, 2023, 12:45 pm


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