Max Levchin wants to attract millennials with a bank they can love rather than loathe.» Read More
Mark Okada, Highland Capital, reveals where he is finding opportunity in bank loans.
Bank of America will announce it will lower the threshold for consumers who qualify for discounts on loans and other benefits.
June 16- Payment processor Wex Inc said it would buy privately held peer Evolution1 for $532.5 million in cash to strengthen its position in the healthcare payment processing market. The deal, expected to close in the third quarter, would be funded through cash on hand and existing credit facility, Wex said in a statement on Monday.
Bank lending to companies with few restrictions has surged back, but does the record issuance of cov-lite loans mean defaults are near?
CNBC's Rick Santelli and Rep. Scott Garrett (R-N.J.), discuss fair-value accounting in government loan programs. Garrett also comments on the future of the GOP.
The high cost of putting your child's wants before your own needs.
Many working poor Americans fall into the cycle of payday loans, which can trigger deeper debt. A search for financial solutions.
Americans defaulted at the lowest rates last month since before the recession rocked the U.S. economy, according to a new report.
Jeff Snider, Alhambra Investment Partners, says the growth in auto and student loan debt are the best ways to create systemic poverty in the U.S.
CNBC's Rick Santelli has the latest numbers on housing. And CNBC's Steve Liesman and Steve Wieting, Citi Private Bank, provide perspective
William Emerson, Quicken Loans CEO, provides an update on the housing market. Inventories are tight and home prices have gone up, says Emerson.
John Aziz, TheWeek.com business reporter, discusses how the financial illiteracy in the U.S. impacts mortgages and the housing sector.
Clawing back and becoming "rebanked" is a daunting task for poor Americans, since the alternative is an expensive burden on already-strained finances.
Renaud Laplanche, Lending Club founder & CEO, discusses the company's newly formed strategic alliance formed with Union Bank. Laplanche also explains how they help pay off student loans and credit card debt.
Aaron Vermut, Prosper Marketplace CEO, discusses the company's alternative online lending platform and strong growth in the sector.
Hundreds of New York City business owners whose storefronts were damaged by Hurricane Sandy more than a year ago are still waiting for federal aid.
A new report finds that the vast majority of short-term payday loans—4 out of 5—are not paid off within 14 days and are rolled-over or renewed.
"The Profit" host Marcus Lemonis shares his opinions on General Motors CEO Mary Barra's handling of the recall investigations, as well as news San Francisco will lend up to $200,000 to first time home buyers.
Hayman Capital Management founder and managing partner Kyle Bass claims some of New York regulator Ben Lawsky's scrutiny on Nationstar is motivated by his political position in New York.
Hayman Capital Management founder and managing partner Kyle Bass provides insight into his firm's increased stake in Nationstar Mortgage, despite the company being under scrutiny by New York regulator Ben Lawsky.