Yesterday, two major reports were published on the p2p lending industry. First, the Federal Reserve Bank of Cleveland put out...
We are living in times of extremes, particularly when it comes to economic data, and this is reflected in the...
Trust in banks was crushed during the financial crisis and as recently as last year banks ranked only ahead of...
According to Bloomberg, Fed Vice Chairman Randal Quarles is concerned about tech companies providing financial services; while no moves have...
The head of the OCC, Joseph Otting, has been personally lobbying big bank CEOs to win support for his plans...
The Federal Reserve has released a report titled "Small Business Credit Survey Report on Startup Firms" with findings based on the 2016 Small Business Credit Survey which surveyed companies less than five years old with more than one and fewer than 500 employees; findings show that these companies face greater funding challenges than mature companies; report compares financing statistics of startups and mature companies; also reports on sources of funds noting that medium to high credit risk startups were more likely to apply for loans from online lenders and only 11% of low credit risk startups sought online loan financing. Source
Christopher Giancarlo, the former chairman at the Commodity Futures Trading Commission, said at a recent forum that the Federal Reserve...
The OCC and FDIC issued a joint proposal for the overhaul of the Community Reinvestment Act last month while the...
The Federal Reserve is making changes to the asset cap on Wells Fargo in order to get more money into...
The 2017 Small Business Credit Survey from the Federal Reserve shows that nearly 60 percent of small businesses applied for financing...