Square Commences Operations as an Industrial Bank
The fintech company's CFO Amrita Ahuja said bringing banking capability in-house will enable the company to “operate more nimbly.”
Banks Report Tightening Loan Standards in Q3
A Fed survey shows banks are continuing to raise the bar for lending in response to worsening economic conditions.
D&B Seeks to Raise up to $1.38B in IPO
The company is “looking to ride the recent wave of successful new listings after the COVID-19 pandemic crushed the market for new issues."
Banks Continue Easing C&I Loan Standards
Nearly every bank that responded to a Fed survey attributed eased standards to more aggressive competition.
Competition Spurs Easing of C&I Loan Terms
Among senior loan officers, "more aggressive competition from other bank or non-bank lenders was by far the most emphasized reason for easing."