Lending standards for most business and consumer loans tightened during the fourth quarter of 2022, with weaker demand reported in almost every category, according to the Federal Reserve’s senior loan officer opinion survey released this week.
ABA expressed opposition to the Small Business Administration’s proposal to lift the moratorium on the number of non-depository lenders in the 7(a) program in a comment letter submitted this week.
The advantages of committing to a single platform to integrate delivery of multiple banking services for businesses.
For U.S. businesses, lagging indicators may be at odds with leading indicators like business sentiment. “The headlines we see in the market can sometimes be inconsistent with what we see on the ground,” says Stephen Philipson, head of commercial products at U.S. Bank.
The Federal Reserve is seeking public comment on an updated policy statement regarding accommodations and workouts for commercial real estate loans whose borrowers are experiencing financial difficulty.
ABA President and CEO Rob Nichols last week joined Texas Bankers Association Chairman Ford Sasser and CEO Chris Furlow on a listening tour through Texas to hear from bank leaders and discuss the critical role banks of all sizes play in supporting the state’s energy sector.
FDIC examiners will increase their focus on commercial real estate concentration in the upcoming exam cycle as economic pressures and changes in work and commerce habits elevate CRE lending risk, according to the most recent issue of the agency’s Supervisory Insights published yesterday.
Lending standards for business loans tightened during the second quarter of 2022, according to the Federal Reserve’s senior loan officer opinion survey released today.
After spending more than a quarter century in de novo commercial banks, Dave Hanrahan made a career move to a mutual savings bank, and he hasn’t looked back.
The Alternative Reference Rates Committee today released a playbook to help support the transition away from legacy Libor cash products.