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Global Banks Start Targeting a New Breed of Real Estate Risk
Bloomberg via Yahoo Finance· 24 hours ago(Bloomberg) -- At some of the world’s biggest banks, loans to commercial real estate face new litmus...
Why this Maryland bank is building a nationwide SBA lending practice now - Washington Business...
The Business Journals· 15 hours agoOlney’s Sandy Spring Bancorp Inc. is building up its government-guaranteed lending unit, hiring a...
Georgia-Based Pinnacle Bank Adopts CorServ Credit Card Program
PYMNTS.com· 11 hours agoGeorgia-based Pinnacle Bank has tapped CorServ to launch a credit card program for commercial,...
A CT man laundered ‘criminal proceeds’. He has to pay back $161,000
Hartford Courant· 15 minutes agoA Connecticut man was sentenced to two years in prison this week for laundering criminal proceeds of a scheme to defraud the Social Security Administration, according to federal authorities.
First Citizens Bank Provides $74 Million for Multifamily Building in Downtown Brooklyn
KTLA-TV Los Angeles· 7 days agoFirst Citizens Bank today announced that its Commercial Real Estate business served as sole lender on a $74 million senior secured loan to Lonicera Partners ...
US banks have a commercial property blind spot risk, study warns
Bloomberg via Yahoo Finance· 5 days agoLarge US banks may be more exposed to commercial property than regulators appreciate because of...
Big banks are more at risk of a commercial real estate meltdown than people think, new study says
Business Insider· 4 days agoCommercial real estate debt could bring greater systemic risk than is currently implied by bank...
NHS rolls out artificial corneas to cut waiting list for sight-saving surgery
PA Media: Science via Yahoo News· 4 hours ago“One donor alone can help up to 10 people to restore or improve their vision and allow them to see...
Big banks are more at risk of a commercial real estate meltdown than people think, new study says
Business Insider via Yahoo Finance· 4 days agoWhen accounting for this, bank exposure to commercial real estate debt rises by about 40%. Concerns...
Esquire Bank Establishes First West Coast Location in Century City
Los Angeles Times· 4 days agoWatt Plaza has signed a 10-year lease agreement with Esquire Bank, a premier commercial bank serving the legal industry and small businesses ...