The Trump administration is moving to withdraw Biden-era guidance from the Consumer Financial Protection Bureau and the Justice Department warning financial institutions that relying on immigration ...

Fed officials expected to get readout on loan demand, credit terms Economists expect regulatory environment under Trump to fuel credit demand Stubbornly high market interest rates may be a headwind ...

China’s central bank on Monday unveiled a one-off credit repair scheme to allow overdue personal debts of up to 10,000 yuan ...

Forbes contributors publish independent expert analyses and insights. Gary Drenik is a writer covering AI, analytics and innovation. As artificial intelligence (AI) continues to shape industries ...

Homebuyers finally have something to cheer about. After the Reserve Bank of India (RBI) cut the repo rate by 25 basis points on December 5 – taking it down to 5.25% – banks have begun trimming their ...

Indian Overseas Bank and SBI cut lending rates after the Reserve Bank of India policy rate cut, reducing borrowing costs for retail, MSME and corporate loans.

China’s central bank has tweaked the pricing for one-year loans to commercial lenders, a move seen as a fresh sign that it is loosening its monetary stance under a policy revamp. The change ...

This paper estimates the strength of monetary policy transmission to bank lending rates in Brazil. We identify monetary policy shocks using forecast errors from Brazi’s daily Focus survey of ...

New Orleans-based Crescent Bank has agreed to sell its auto financing division to Arra Finance. The deal, expected to close in the third quarter of 2025, will add Crescent’s $815 million auto loan ...

LendingClub has successfully transitioned from a P2P lender to a profitable fintech-bank hybrid, leveraging its national bank charter for flexibility and growth. Recent financials show strong revenue ...

Although Canada’s economy beat estimates by growing 2.6% in the third quarter, this was largely due to volatility in exports.

The Central Bank of Nigeria (CBN’s) decision adjusting the Standing Facility corridor around the Monetary Policy Rate (MPR) at +50/-450 basis points, represents sanction against banks not keen on ...