The Federal Reserve's latest survey of commercial bank senior loan officers shows a continuing trend toward easier lending terms for business borrowers, another sign of improving conditions in the financial system. More banks also reported a greater willingness to make...
The Co-operative Bank just lost a senior member of staff that was charged with the task with turning around the beleaguered lender. The Co-op Bank confirmed to Business Insider that Bob Rickert, the chief financial officer at the le... Read Post
Banks tightened the spigots further on all sorts of lending, from home mortgages to credit cards and business loans, as the worst financial crisis in seven decades took a bigger toll on the economy. The Federal Reserve said Monday t... Read Post
The Federal Reserve has just released the results of its Senior Loan Officer Survey. The good news: banks show business loan lending standards are easing. Furthermore demand for these loans is increasing. "Easier lending standards a... Read Post