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Employee Retention
78% of CFOs Say Quiet Quitting is a Problem: Weekly Stat
Strategies around talent recruitment and retainment are a principal focus for CFOs, according to a new study by CFO.
By
Adam Zaki
| February 1, 2023
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Credit & Capital
Square Debuts Small Business Banking Platform
The suite of financial products are designed to help small business owners manage their cash flow.
By
Lauren Muskett
| July 20, 2021
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Credit
Banks Continue Tighter CRE Lending Policies
The tighter lending standards reflect in part a less favorable or more uncertain outlook for commercial real estate prices.
By
Matthew Heller
| May 10, 2017
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IPOs
Non-Prime Online Lender Sets IPO Terms
Elevate Credit loans money "to the vast and underserved segment of 170 million non-prime consumers in the U.S. and U.K."
By
Vincent Ryan
| March 28, 2017
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The Economy
Auto Sales Slowdown Driving Risk for Lenders
Moody's says credit risk is rising at a time when the average dollar amount of negative equity at trade-in is at record levels.
By
Matthew Heller
| March 28, 2017
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Financial Performance
Prosper’s Loss Increases to $118M in 2016
The online lender's revenue fell 33% as it struggled to obtain loan funding from investors.
By
Matthew Heller
| March 21, 2017
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Credit
Online Lender Avant Cuts 7% of Workforce
The layoffs are another sign of upheaval in the online lending sector as investors have turned negative on funding firms.
By
Katie Kuehner-Hebert
| May 20, 2016
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Credit
California Leads the Way in Alternative Lending
Alternative lenders made $15.9 billion in U.S. loans in 2014, with California transactions increasing by 936% since 2010.
By
Katie Kuehner-Hebert
| April 8, 2016
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Technology
Kabbage to Offer Online Loans With Dutch Bank
Kabbage's venture with ING Groep in Spain aims to get capital to every small business "that needs it and can handle it.”
By
Matthew Heller
| October 22, 2015
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Risk & Compliance
Fifth Third Settles Fraud Charges for $85M
The Cincinnati bank was accused of waiting too long to report that more than 1,400 mortgage loans were defective, resulting in federal insurance losses.
By
Katie Kuehner-Hebert
| October 7, 2015
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