California cannot block rule it says invites predatory lending
By Jody Godoy – A U.S. judge on Tuesday upheld a rule that allows national banks to sell loans without adhering to state interest rate caps, rejecting three states’ claims…
By Jody Godoy – A U.S. judge on Tuesday upheld a rule that allows national banks to sell loans without adhering to state interest rate caps, rejecting three states’ claims…
By Shashwat Awasthi – Australia and New Zealand Banking Group on Monday joined rival Westpac in flagging lower margins and warned of a first-half hit from “softer” performance in its…
By Pete Schroeder and Hannah Lang WASHINGTON -Sarah Bloom Raskin, President Joe Biden’s pick to be the Fed’s top bank regulator, told U.S. lawmakers on Thursday that she believes banks…
By Elizabeth Dilts Marshall NEW YORK – Demand for business loans is picking up in the United States as an economic recovery drives consumer spending and encourages companies to bulk…
By Pete Schroeder WASHINGTON – Sarah Bloom Raskin, President Joe Biden’s pick to lead the Federal Reserve’s regulatory work, plans to tell lawmakers she does not believe the role includes…
FRANKFURT – Lending to euro zone companies accelerated for the fourth straight month in December, reversing a mid-year dip, European Central Bank data showed on Friday. Lending to euro zone…
TRENTON, N.J. – A Pennsylvania man was sentenced today to 18 months in prison for securing a federal guarantee on certain loans by making false statements to the Small Business…
NEWARK, N.J. – The Department of Justice announced today that the New Jersey Higher Education Student Assistance Authority (HESAA) has agreed to enter into a settlement and pay $50,000 to…