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The fintech is also relying more heavily on its bank charter as rising interest rates make selling loans to investors more challenging.

BlackRock Inc. clients continued to pour money into the firm's long-term investment funds in the fourth quarter, seeking to capitalize on the preceding rout in stock and bond markets.

The transaction is the eleventh broadly syndicated securitization under Kiavi's LHOME shelf program.

The move, which comes with an unspecified number of layoffs, is expected to cost the company $3.8 million to $4.6 million in pretax charges in the second quarter.

The IACPM's credit outlook survey forecasts that no region will be spared over the next 12 months but timing remains elusive.

U.S. inflation continued to slow in December, adding to evidence price pressures have peaked and putting the Fed on track to again slow the pace of interest-rate hikes.

Nobody knows for sure, and that's causing some big regulatory problems.

The largest obligor accounts for about a 1.40% holding of the collateral pool, while the smallest accounts for 0.10%.

The bonds cover relatively remote cyber risk for Beazley, a U.K. insurance and reinsurance company, which is tapping the cat bond market for the first time.

In remarks delivered at a central banking symposium, Federal Reserve Chair Jerome Powell called for changes to money market funds and the Treasury market.