Remove 2010 Remove Lending Remove Taxes
article thumbnail

JPMorgan CEO Jamie Dimon Calls US Student Lending A ‘Disgrace’

PYMNTS

Months after he called out “irrational” student lending that has been impacting the economy through his annual letter, JPMorgan Chase CEO Jamie Dimon noted that U.S. student lending is “hurting America.”

Lending 194
article thumbnail

Prepare for stronger C&I lending demand: A $1.7 trillion “wave”

Abrigo

Ready to catch the next wave of lending growth? Commercial and industrial lending (C&I) will be the next big performance driver for banks and credit unions. You might also like this paper on how institutions can produce smarter, faster lending. C&I lending will be the next “bomb.”

Lending 195
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Forbearance lending as a crisis management tool

BankUnderground

On balance, the literature is critical of loan forbearance in the corporate sector because of its potential to contribute to zombification a situation where bank lending keeps unproductive firms alive, resulting in lower aggregate total factor productivity. in 2010 corresponds to the law depressing average interest rates by 40% in that year.

Lending 52
article thumbnail

AltFin Shines As Investor Interest In B2B FinTech Continues

PYMNTS

Total venture capital across the global FinTech market between 2010 and 2017 hit a combined $97.7 Alternative Lending. alternative small business lending firm, that secured $900 million in 2017, while other alternative finance players, like LendingPoint and SoFi , landed significant investment rounds. ZenBusiness.

Fintech 118
article thumbnail

Community banks are thriving in Texas

Independent Banker

The 2020 Census quantified the growth many residents were already sensing: Austin grew by 33% between 2010 and 2020, earning it the rank of fastest-growing large metro. ANB does “traditional lending in every aspect,” Edlund says, but commercial loans make up the majority of its loan portfolio.

Texas 182
article thumbnail

The pro-cyclicality of capital ratios and credit supply, a tale of two sizes

BankUnderground

The aim of having a long time series is to have a sample that covers at least a big portion of a credit cycle before the introduction of the much stricter capital requirements by Basel III standards in 2010. Although capital standards existed before 2010, they were significantly weaker. Pre-tax profits 8305 29.76 Cash 8762 1413.30

Capital 105
article thumbnail

AltFin’s Bumpy Ride Into An Uncertain 2019

PYMNTS

consumers owe roughly 26 percent of their annual income to debt, up from 22 percent in 2010. The rising rates have not only made debt more expensive, but they have been a weight on loan growth across both bank and FinTech lending platforms in the back half of the year. It’s easy to lend money. That amounts to $13.2