The GAO says "minimal" underwriting standards left the $670 billion small business rescue program vulnerable to fraud.
Using data-focused underwriting principles, FarmTogether provides investors fractional ownership of agricultural land that’s then leased out to farmers.
Proposed changes would ease the rule's strict limits on proprietary trading by banks.
If capital raising no longer motivates companies to go the IPO route, direct listings may be the answer.
A direct listing would allow Spotify to avoid the hefty underwriting fees of a traditional IPO while providing liquidity to shareholders.
CFOs and risk managers need to know that cyber underwriters are using "security scores" to assess their clients' risks.
The decline in earnings reflected an after-tax loss of $267 million from insurance underwriting that offset gains from the BNSF railroad and utilities.
Why corporations sometimes can’t get the coverage they really need.
U.S. authorities say an Ally subsidiary marketed mortgage bonds even though it knew a "significant percentage" of the underlying subprime loans was toxic.
Banks reported easing of credit card and auto loan standards, but in the commmercial and industrial loan segment reports of tightening were more frequent.
Bank's credit underwriting standards loosened considerably in 2014, especially among commercial loan products, says the OCC.
Tighter spreads, lower credit line fees, fewer interest-rate floors, looser covenants — banks continue to ease terms to build their business loan books.
