Thursday, March 28, 2024
Broker and investment firm Stifel Financial Corp. is expanding its services into the US innovation ecosystem by launching debt capital financial and commercial banking solutions. Led by industry experts Brad Ellis and Nathaniel Stone, the firm will be targeting growth...
Around 37% of American households no longer have a home mortgage to pay, according to a new analysis. The figure grew after the Great Recession years, the online property database company Zillow said in its study. The share of homeowners...
Wealth management platform Lufax reportedly intends to bail on its peer-to-peer (P2P) lending facility. This Ping An-backed company plans its exit following numerous regulatory issues. As reported by Reuters, two sources close to the wealth management platform say that Lufax...
Finance of America Holdings LLC, a renowned national lending firm, recently partnered up with FarmOp Capital to acquire shares in the field. The strategic partnership comes after addressing the agricultural sector’s need for more lending facilities to the farming...
America’s big banks recorded a higher earning in the second quarter of the year due to consumer lending boost. Several banks that focus on consumer operations, particularly lending, hit the sweet spot and are reaping the benefits. Wells Fargo drove...
Australians looking to get housing loans can now apply for a more substantial mortgage with the relaxation of the Australian Prudential Regulation Authority (APRA) rules, ABC News reports. The new regulations decreased the mortgage rate, placing it at the...
The Bangko Sentral ng Pilipinas has revealed it is willing to help other Philippine banks comply with the mandated threshold set by the Republic Act 10000 or the Agri-Agra Reform Credit Act of 2009 by expanding the list of...
Starting in fall 2020, the Colgate University in Hamilton, New York will be phasing federal loans out for current and incoming students with a total family income of $125,000 and above. The decision for this move is to help lessen...
London-based mortgage company Habito is slated to launch its new lending service, says TechCrunch. The digital service provider will start providing direct loans using its own mortgages. This move came after the firm received the right permits to operate...
In the move to distance itself from President Donald Trump’s policies and restrictions, American Bank SunTrust Inc. is finally cutting ties with private prison operators. SunTrust is the fourth major bank to stop lending practice to detention centers after receiving...

RECENT POSTS