U.S. bank regulator finalizes new community lending rule

FILE PHOTO: The New York Stock Exchange (NYSE) is seen in the financial district of lower Manhattan during the outbreak of the coronavirus disease (COVID-19) in New York City,... Read more »

Australia-listed Sezzle fails to win California lending license, shares dive

(Reuters) – California rejected Sezzle Inc’s (SZL.AX) request for a lending license, dealing the recently listed buy-now-pay-later firm a big blow weeks after bigger rival Afterpay (APT.AX) got a... Read more »

California department to reject Sezzle’s application for lending license in state

(Reuters) – Buy-now-pay-later company Sezzle Inc (SZL.AX) said on Thursday a U.S. government department had announced its intention to reject the company’s application for a lending license in the... Read more »

U.S. banking regulators unveil proposal to update low-income lending standards

WASHINGTON (Reuters) – Two U.S. banking regulators unveiled a proposed overhaul to community lending standards on Thursday, kicking off a contentious policy fight over the proper way to ensure... Read more »

Healthcare deals raise pulse of US lending in 2019

NEW YORK, Jan 11 (LPC) – Bankers are diagnosing another robust year for US healthcare lending. The first two big loans of 2019 are financing the acquisitions of pharmaceutical... Read more »

Securities lending boom sparks concerns on returns and voting

BOSTON (Reuters) – Securities lending by investment funds has reached its highest level in a decade, as demand for corporate bonds surged more than 30 percent over the past... Read more »