Search Results for: loan portfolio

Onyx by J.P. Morgan and Apollo Explore Tokenization in Investment Portfolios Across Blockchains as Part of Project Guardian
Blockchain Fintech News

Onyx by J.P. Morgan and Apollo Explore Tokenization in Investment Portfolios Across Blockchains as Part of Project Guardian

Business Wire
by Business Wire0
J.P. Morgan’s Onyx Digital Assets, Apollo, Axelar, Oasis Pro and Provenance Blockchain Zones work together on interoperability proof-of-concept Axelar Inc., Oasis Pro and Provenance Blockchain have collaborated with Onyx by J.P. Morgan and Apollo under the Monetary Authority of Singapore’s Project Guardian,1 to demonstrate how blockchain technology could be used to......
Pepper Money to Acquire HSBC’s Mortgage Portfolio in New Zealand
Mortgage News

Pepper Money to Acquire HSBC’s Mortgage Portfolio in New Zealand

Fintech News Desk
by Fintech News Desk0
Pepper Money Limited announces that it has entered into a binding agreement to acquire the New Zealand prime residential mortgage portfolio of The Hongkong and Shanghai Banking Corporation Limited (HSBC), a wholly owned subsidiary of HSBC Holdings plc. The transaction is anticipated to complete in late November 2023 and is......
Nubank Strengthens Its Footprint in Mexico With the Launch of Personal Loans
Banking Finance News

Nubank Strengthens Its Footprint in Mexico With the Launch of Personal Loans

Fintech News Desk
by Fintech News Desk0
Nu will test the product among employees first, to collect feedback and improvements. It will be made available to the general public in the coming months, through a progressive rollout Nu Mexico announces the launch of its new product: personal loans. Like all Nu products, the launch will follow a......
Payitoff Unveils Essential Guide for Banks Amid Impending Federal Student Loan Payment Surge
Fintech News

Payitoff Unveils Essential Guide for Banks Amid Impending Federal Student Loan Payment Surge

GlobeNewswire
by GlobeNewswire0
“Navigating the Student Loan Payment Surge: A Blueprint for Banking Resilience” Demonstrates How Banks Can Implement Debt Guidance Tools to Drive Customer Loyalty and Deposit Growth As the countdown begins for the resumption of federal student loan payments on October 1, 2023, the banking industry is poised for a seismic......
WesBanco Opens Commercial Loan Production Office in Fast-Growing Chattanooga Market
Lending News

WesBanco Opens Commercial Loan Production Office in Fast-Growing Chattanooga Market

PR Newswire
by PR Newswire0
Latest LPO advances company’s strategic growth in Tennessee  WesBanco, Inc., a diversified, multi-state bank holding company, announced that it has opened a new loan production office (LPO) to serve the commercial lending needs of the fast-growing Chattanooga, Tennessee metropolitan market. The Chattanooga LPO, WesBanco’s second in Tennessee, is another step in the execution......
How Lending Enablement Solutions Improve Auto Lenders’ Financial and Portfolio Growth
Guest Posts Lending

How Lending Enablement Solutions Improve Auto Lenders’ Financial and Portfolio Growth

Matt Roe
by Matt Roe0
The automotive lending industry is facing a unique convergence of challenges, including tightened lending conditions, reduced credit availability, and historically high vehicle prices. Despite these obstacles, emerging Lending Enablement Solutions are helping financial institutions expand their borrower base, increase loan volume, and improve return on assets (ROA) while mitigating risk.......
IMTT Announces Inaugural Sustainability-Linked Loan Facility
Lending News

IMTT Announces Inaugural Sustainability-Linked Loan Facility

Business Wire
by Business Wire0
International-Matex Tank Terminals (“IMTT” or the “Company”), an industry leader in the handling and storage of bulk liquid products, especially energy transition fuels, feedstocks and petrochemicals, announced that ITT Holdings LLC has successfully amended its existing revolving credit facility (“the Facility”) to include incentive pricing terms related to achieving various......
BSI Financial Extends Sagent Software Partnership 7 Years to Speed Growth to 1 Million Loans
Fintech Mortgage News

BSI Financial Extends Sagent Software Partnership 7 Years to Speed Growth to 1 Million Loans

Business Wire
by Business Wire0
Deal enables BSI Financial to grow fast in current market cycle with operational precision and cost control Sagent, a Warburg Pincus-backed fintech software company modernizing mortgage servicing for banks and lenders, announced a seven-year partnership extension with BSI Financial Services to continue powering its enterprise mortgage servicing ecosystem. As BSI Financial......
Ares Management Acquires $3.5 Billion Lender Finance Portfolio from Pacific Western Bank
Investment Services News

Ares Management Acquires $3.5 Billion Lender Finance Portfolio from Pacific Western Bank

Business Wire
by Business Wire0
Ares Management Corporation, a leading global alternative investment manager, announced that certain funds managed by its Alternative Credit strategy have completed the acquisition of a $3.5 billion specialty finance loan portfolio from PacWest Bancorp. “Our team is an established leader in providing creative and flexible solutions to asset-focused investment opportunities”......
Finance News

First Citizens Bank Acquires $123 Million Maritime Portfolio for Greece Vessels

PR Newswire
by PR Newswire0
First Citizens Bank announced that its Maritime Finance group, part of the CIT division, has successfully completed the acquisition of $123 million of Greek shipping loans, sharply increasing the bank’s maritime financings for clients in Greece. The loan portfolio, which was acquired from HSBC Bank Plc, covers 11 financings involving 14 vessels and eight......
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