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UPDATE 1-US banks report weaker loan demand, Fed survey says
Reuters via Yahoo Finance· 16 hours agoFed officials had the survey results in hand last week when they decided to keep the policy...in the 5.25%-5.5% range and said they plan to hold them there as long as needed to bring down inflation ...
US banks report tighter lending standards, weaker loan demand, Fed survey says
Reuters via Yahoo Finance· 17 hours agoMay 6 (Reuters) - U.S. banks reported tightening lending standards and weaker loan demand for business loans, and weaker demand for most types of household ...
Audit giants fined over £237m fraud that rocked City
The Telegraph via Yahoo Finance· 2 hours agoOCC and Ms Benjamin were fined £42,000 and £14,000 respectively, both...said: “These breaches are made considerably more serious by the fact that all of...
Fed Says More Banks Tightened Loan Standards to Start 2024
Bloomberg via Yahoo Finance· 17 hours ago(Bloomberg) -- More US banks reported stricter credit standards in the first quarter, according to...
Q1 2024 Finance of America Companies Inc Earnings Call
Thomson Reuters StreetEvents via Yahoo Finance· 27 minutes agoIn early Q1, we finalized the transition onto one loan origination system. The last step in the full integration process. Completing this integration paves the way for the ...
Wipro & Microsoft launch GenAI-powered virtual assistants for financial services
Retail Banker International via Yahoo Finance· 2 hours ago"Wipro has extensive financial services expertise. We know that their new AI-powered virtual...
Triad Business Bank says it'll be stronger after cost-reduction plan - Triad Business Journal
The Business Journals· 5 days agoIt noted growth in loan balances of $25 million, or 7%, and loan yields increasing 28 basis points...
BankNewport reports $136.7M in revenue for 2023, up 29.5% from a year earlier
Providence Business News· 9 hours agoBankNewport said it originated about $659 million in business, consumer, and marine loans in 2023....
This Ultra-High-Yield Dividend Stock's Recovery Plans Face Another Setback
Motley Fool via Yahoo Finance· 2 hours agoThese issues have impacted its ability to fund its business, including paying rent to Medical...
This Company Wants You To Rent Your Credit History
Forbes· 6 hours ago“Essentially what this is, is if a person has bad credit, but they know that they need to get a mortgage or a car loan or something, they pay money to...
