Fed rate cut draws applause—and caution—from bankers
Bank executives and industry advocates welcomed the Federal Reserve’s interest rate reduction but warned that careful planning for future drops is necessary to avoid creating market turmoil.
‘We’re the people’s choice’: SoLo Funds gets a Congressman’s backing
The online lending marketplace provider now has the support of Jonathan L. Jackson, an Illinois representative. It's also facing lawsuits from the CFPB and customers.
Visa beats forecasts on revenue and earnings
The credit card processing company posted a strong end of its fiscal year, but many headwinds loom over its fiscal 2025.
First Foundation take its lumps over CRE loans it plans to sell
The Dallas-based bank swung to a loss in the third quarter after reclassifying a large bundle of multifamily loans that it plans to offload under a recently announced strategy pivot.