SC Membersfirst Federal Credit Union

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Securitization

Following a boom year, Lendbuzz floats $215.7 million in auto ABS

Lendbuzz sells the notes as it juggles mixed performance results from 2023. Originations and revenues saw huge jumps, but so did operating expenses.

By Donna M. Mitchell

8h ago
Bank stocks

Climate change, stifled mergers and other challenges facing banks and investors

Institutions and their investors are facing pressure from climate activists, cautiously awaiting interest rate cuts and adjusting to new Federal Reserve and FDIC policies.

By Courtney Hoff Dockerty

8h ago
Investment banking

Truist gets an earnings boost from its investment banking unit

After several quarters of slumping investment banking and trading fees, the Charlotte, North Carolina-based company reported a big uptick from that division, which helped compensate for a large decline in net interest income.

By Allissa Kline

April 22