Sun.Feb 27, 2022

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Our ARC Lending Tactic For Quality Loan Growth

South State Correspondent

In our article last week ( HERE ), we discussed how the yield curve is currently flat between the three and 20-year points. This makes term loan pricing between three years and 20 years virtually identical. Banks that cannot offer competitively priced term loans out to 20 years may be at a significant disadvantage when competing or retaining top-quality customers.

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Two top Russian billionaires speak out against invasion of Ukraine

TheGuardian

Oleg Deripaska and Ukrainian-born Mikhail Fridman call for peace, as activities come under threat from sanctions Russia-Ukraine crisis: live updates Russian billionaires Mikhail Fridman and Oleg Deripaska have become two of the country’s first leading businesspeople to speak out against Moscow’s full-scale invasion of Ukraine. Fridman, who is one of Russia ’s richest men, controls private equity firm LetterOne and was a founder of Alfa Bank, Russia’s largest private bank.

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Prepaid card debacles, from BofA to the Kardashians

American Banker

Cards 41
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Lloyds charged my mum an astronomical amount for insurance

TheGuardian

A reader writes that the bank’s auto-renewal quote was for £606 when cover was on offer for £127 I have power of attorney over my 86-year-old mum’s finances due to her failing health. I received a letter regarding her Lloyds Bank home insurance policy which was up for renewal. The price was £606, a crazy figure given that she lives alone in a modest terrace house.

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Digital Transformation: Accelerating ROI and Growth in Commercial Lending

Now is the time for lenders to prioritize their digital transformation initiatives in preparation for the lending rebound. Rising competition and ever-increasing customer demands for speed and efficiency are forcing financial institutions to embrace digital transformation. This shift can feel overwhelming—where do you begin? This infographic illustrates automation demands and shows you how loan document automation serves as an essential step to increase profits and provide the best lending exper

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Co-Op Financial Services rebrands as Co-Op Solutions

American Banker

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