Is the Future of Fintech a Bank Charter?
Financial services firms are always looking for strategic steps to strengthen their prospects and expand their offerings. The most obvious…
View ArticleFed Finds Banks Are Tightening on C&I Loans
Are banks tiring of commercial borrowers? The July results of the Federal Reserve’s survey of senior loan officers at banks…
View ArticleEquipment Financing Nosedives
New business volume for equipment finance companies dropped 17% in July 2016 compared with the previous year and fell 30%…
View ArticleSquare-Off: Are Financial Institutions Overregulated?
We ask this question because it matters, not just to banks but to the entire U.S. economy. We need a…
View ArticleFASB Leasing Tweak Offers ‘Big Relief’
The recently proposed tweaks to the Financial Accounting Standards Board’s new leasing rules represent a big breather for the many…
View ArticleCitigroup Profits Beat Estimates, But Revenue Misses
Citigroup reported earnings of $1.63 per share on revenue of $18.47 billion, a mixed signal that sent shares down 2.2%…
View ArticleStarwood to Buy GE Energy Finance Business
Starwood Property Trust said it has agreed to buy GE Capital’s Energy Financial Services’ business for $2.56 billion, including $400…
View ArticleBusiness Spending Falls Again
Orders for U.S. durable goods were up 0.8% in September, driven by a sharp increase in orders for defense goods,…
View ArticleBanks Faced Slackened Loan Demand in Q3
The U.S. economy may be booming, but businesses seem to have had their fill of debt. The October 2018 Senior Loan…
View ArticleOut of the Shadows
Over the coming months, we are going to emerge from global lockdown into an economy over which the COVID-19 virus…
View ArticleBanks Taking Steps to Mitigate Energy Loan Losses
While U.S. banks don’t have much credit exposure to oil and gas firms, they are taking steps to protect themselves…
View ArticleGE’s Divestitures Will Shrink Commercial Paper Market
Here are some groups not looking forward to General Electric cleansing its balance sheet of most of the remaining assets…
View ArticleSmall, Midsize Firms Favor Bank Loans for Capital Needs
Banks dominate the financing space for small and middle-market firms that raise capital, reflecting in part the comfort level most…
View ArticleHow to Get Customers to Respond to Invoices on Time
Asking customers to pay past due or soon due invoices can be similar to asking a small child to do…
View ArticlePrying Open the Asset-Backed Securities Market
A new data-tracking program from The Financial Industry Regulatory Authority will finally give investors timely information on the formerly opaque…
View ArticleFinancing Capital Goods: Keeping the Grease
The headlines focused on the fact that GE, a big industrial conglomerate, is beginning to sell off its $500 billion…
View ArticleToo Much Finance Hampers Economic Growth: OECD
While finance is an integral part of the world’s economies, too much finance may hamper economic growth and worsen income…
View ArticleEquipment Finance Data Point to More Growth
Cumulative new business volume for equipment finance companies has increased 10% so far this year compared to 2014, suggesting continued…
View ArticleBanks and Interest Rates: Aiming for the Net
Textbooks say that banks make money by raising deposits relatively cheaply from savers and lending them, at a higher rate,…
View ArticleFed to Apply New Rules to Slimmer GE Capital
The Federal Reserve on Monday said that it would apply new rules to oversee GE Capital in two phases, as…
View ArticleSBA 7(a) Program Runs Out of Money
The U.S Small Business Administration has done such a good job making its guaranteed 7(a) loan program more attractive that…
View ArticleOrders For Durable Goods Get a Lift
New orders for manufactured durable goods in June increased 3.4%, to $235.3 billion, the Commerce Department reported Monday. The rise followed…
View ArticleEquipment Finance Relatively Healthy
The equipment finance industry didn’t have a banner year in 2014, but the business of financing spending on capital equipment…
View ArticleConsider the Alternatives
Last May, record amounts of rain fell on northeast Texas, causing the Wichita River to overflow its banks and flood…
View ArticleBig Appetite for Small Loans
Earlier this year, Jeff Ippoliti, a lawyer and career entrepreneur in Celebration, Florida, made a deal to buy the Chatham…
View ArticleDurable Goods Orders Fall In August
Expected drops in orders for cars, airplanes, and military hardware caused durable goods orders in August to fall for the…
View ArticleMonetary Policy: Repeat Prescription
This was supposed to be the year when the Federal Reserve would raise interest rates, which have sat between zero…
View ArticleBusinesses Satisfied (But Not Content) with Transaction Bankers
The global financial system is in a relatively stable state compared with seven years ago, so it’s not surprising that…
View ArticleFed Finds Little Change in Lending Conditions
Loan demand and conditions remained largely unchanged in the third quarter though some banks made it easier for consumers to…
View ArticleWinning Qualities
2015 CFO Commercial Banking Survey When you ask CFOs to tell you about their commercial banking relationships, the responses cover…
View ArticleQ3 GDP Better Than First Estimated
The U.S. gross domestic product in the third quarter grew better than initially thought, which could bolster the case for…
View ArticleBig Banks Pledge to Cut Coal Industry Lending
In further confirmation that coal is no longer king on Wall Street, Morgan Stanley and Wells Fargo have joined the…
View ArticleFinancial Risk Stays Concentrated
The largest global systemically important banks (G-SIBs) are dangerously large, in some cases dwarfing their country’s annual gross domestic product.…
View ArticleLook Before You Lease
The prospect of a new lease accounting standard is keeping finance executives off-balance. Under the proposed standard, companies will have…
View ArticleCFOs Plan to Spend Cautiously in 2016 (Video)
The Duke University/CFO Global Business Outlook survey for the fourth quarter of 2015 shows executives’ confidence in the U.S. economy…
View ArticleConsumer Lending Poised for Growth This Year: TransUnion
As the economy and job market continue to improve, more people are taking out personal loans — both secured and unsecured,…
View ArticleDurable Goods Orders Plunge in December
U.S. durable goods orders fell sharply in December as the energy industry slump and drag from a strong dollar spilled…
View ArticleBanks Easing Standards for Household Loans
Banks eased lending standards for U.S. households in the fourth quarter but tightened them for some businesses amid concerns over…
View ArticleFast Money
(Listen to an interview with the writer about “The Rise of Marketplace Lenders” in a new episode of CFO Podcasts.)…
View ArticleThe Perils of Plant Equipment Neglect
A roll of paper towels accidentally left in the belly of a turbine after routine maintenance. That was all it…
View ArticleReversing the Aging Process
According to the most recent Duke University/CFO Magazine Global Business Outlook survey, U.S. executives see their companies in something of…
View ArticleEquipment Financing Credit Quality Slips
Equipment financing held steady in February, though credit quality slipped a bit amid continued economic uncertainty, according to the Equipment…
View ArticleGE Capital Says It’s Not ‘Too Big To Fail’
A day after a federal judge struck down the designation of MetLife as a “systemically important financial institution” or “SIFI,”…
View ArticleTraditional Bank Loans Still Top Funding Options
Nearly 44% of small to midsize businesses sought funding over the past year, with traditional bank loans still the most…
View ArticleWells Fargo’s Q1 Profit Falls
Wells Fargo posted lower profit for the first quarter, as its stressed oil and gas portfolio pushed its loan-loss reserves…
View ArticleExpanding or Relocating? Bring in the Tax Department
In a market characterized by the mobility of capital and labor, businesses that establish, expand, or relocate facilities tend to…
View ArticleMarketplace Lending ‘Untested’: Treasury
The U.S. Treasury Department has called for greater transparency in online lending and warned that the industry “remains untested” in…
View ArticleNew Equipment Lending Drops 10%
New borrowing from equipment finance companies dipped sharply in April amid a climate of uncertainty among business owners over economic…
View ArticleSlow-to-No Business Investment Growth Seen
Business investment is slowing down dramatically amid a sputtering global economy, heightened political uncertainty, a contraction in trade, and low…
View ArticleThe Business of Politics
Political uncertainty is altering the spending plans of U.S. companies, according to the latest Duke University/CFO Magazine Global Business Outlook…
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