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CRE risk management: Navigating hazards and opportunities

Abrigo

WATCH Takeaway 1 Banks and credit unions are critical sources of capital for businesses in their communities, so how institutions assess CRE credits matters. Takeaway 3 Loan-level stress testing can help assess repricing risk, while capital stress testing helps clarify the impact of CRE loan losses on capital.

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Digital Payment Company Nexi Agrees To Buy SIA ForĀ $5.4B

PYMNTS

The transaction will create a company with a combined market capitalization of around 15 billion euros ($17.6 the San Francisco-based financial services company. Nexi , the Italian digital payment company, agreed Sunday (Oct. 4) to buy its FinTech competitor, SIA , for about 4.6 billion euros ($5.4 billion euros ($9.1

Company 151
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B2B Startup Investors Go After The Niche Markets

PYMNTS

Other investment targets included a Chinese B2B eCommerce platform with a niche focus, an InsurTech startup targeting gig workers and corporate spend management firm. Human resources and payroll startup Kredily , based in India, announced $750,000 in Seed funding, led by Fosun RZ Capital, reports in The News Minute said this week.

Marketing 109
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LendingClub Settles With SEC, DOJ

PYMNTS

The DOJ investigation centered on whether LendingClub had ā€“ between January 2009 to September 2010 ā€“ misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements. lending marketplace. Attorney Alex Tse. ā€œWe The Response.

Lending 135
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CFPB announces new appointments to advisory groups

CFPB Monitor

According to the CFPB, the new members “include experts in consumer protection, financial services, community development, fair lending, civil rights, consumer financial products or services, representatives of community banks and credit unions, and scholars with relevant methodological and subject matter experience.”

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2021 GonzoBanker Awards

Gonzobanker

million gets the vaunted consumer lender a much-prized bank charter, low-cost deposits to juice current earnings, and a business lending capability to drive future growth. Rex Johnson, Baxter Credit Union founder and former CEO ā€“ Rex was a legend in the credit union industry who will always be remembered as the ā€œYodaā€ of lending.

Fintech 147
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Predicting the Next Banking Crisis Is a Foolā€™s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

The old borrow short, lend long strategy. Finally, resolution of failing financial institutions requires that the deposit insurance fund be strongly capitalized with real reserves, not just federal guarantee.ā€ To you, manage your interest rate risk. To fight inflation, the Fed raised rates aggressively (familiar?).

FDIC 78