SoFi Technologies is set to announce Q4 earnings, with analysts bullish on its long-term growth potential in the fintech space. Read More: SoFi Technologies’ loan growth…
The Bengaluru-based company gets a fourth of its over ₹600 crore revenue from financial services and expects its home loans vertical to become its second-biggest business…
Trepp reported an increase in CMBS loan losses for September, when $252.5 million across 15 loans were resolved with $139.5 million in losses total, carrying an average loss severity of 55.26%…
PNC Financial Services Group said Tuesday (Oct. 15) that it is prepared for lending to pick up after the Federal Reserve cut interest rates in September.…
A wide gap between higher borrowings and sluggish bank deposits—making for the worst deposit crunch in two decades—has the Reserve Bank of India concerned about the…
Bitcoin-backed loans are an innovative twist on traditional lending, merging it with the world of cryptocurrencies. These loans enable Bitcoin holders to utilize their digital assets…
The banking industry is navigating a complex landscape marked by economic uncertainty, a moving target for interest rate policy and tighter capital constraints. Many banks’ instinctual…
Federal authorities on Friday charged Fat Brands and its chair Andy Wiederhorn of committing a brazen scheme that netted him $47 million in bogus loans from…
PLC () profits plummeted 95% in the first quarter of the year after taking a sizeable write-down in preparation for bad loans resulting from the coronavirus…
A previous restructuring of the facility was announced on October 15, 2019, resulting in Pegasus Petroleum holding 100% of the facility (), the AIM-listed oil and…