PYMNTS
JUNE 26, 2019
Months after he called out “irrational” student lending that has been impacting the economy through his annual letter, JPMorgan Chase CEO Jamie Dimon noted that U.S. student lending is “hurting America.”
PYMNTS
APRIL 9, 2019
Carranza has a history at the SBA, serving as its deputy administrator between 2006 and 2009. Her rise to the position of SBA chief is not expected to disrupt the status quo, but she would step into the seat at a time of broader controversy at the SBA, surrounding its 7(a) small business lending program. Last year, the U.S.
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BankUnderground
APRIL 28, 2023
First, analysing years up to 2009 can be used to measure the cyclical patterns in a less regulated environment, providing evidence on whether Basel III needed cyclical components. Second, expanding the analysis beyond 2009 provides evidence on whether Basel III addressed the pro-cyclicality of bank capital and lending.
PYMNTS
MARCH 10, 2020
financial stocks posted their worst day since 2009’s Lehman Brothers collapse on Monday, with declining oil prices leading to fears of a global economic slump because of the virus’s spider-web of effects. Meanwhile, the White House has considered its own actions, such as tax deferments for industries particularly affected by the virus.
Jeff For Banks
MAY 20, 2017
Today, I read an American Banker article on how a multi-billion dollar bank is going to ramp up its business lending. To remind readers, in 2006 the OCC, Federal Reserve, and FDIC issued joint interagency Guidance on Concentrations in Commercial Real Estate Lending. They need a marketing person to title their reports.
PYMNTS
JUNE 5, 2019
The real trick is to tie engaging consumer experiences to those cards, which is critical, as prepaid and reloadable cards continue to evolve — moving from plastic cards to mobile accounts that can adapt to an expanding portfolio of use cases, including payroll, online gambling or even consumer and business lending. Step back a bit first.
Jeff For Banks
OCTOBER 15, 2021
Heck, maybe there'll be a reassessment and your real estate taxes will go down. Taxes go down? Retiree: That's Not So Funny To the retiree that prefers the safe haven of FDIC insured deposits held at the local bank that lends it out locally, this is a serious issue. I made a funny.
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