Commercial banking

Bruce Willey is the founder and CEO of American Tax & Business Planning LLC, and is a CPA and tax attorney.

The Canadian lender's cushion for potential credit losses nearly doubled in the third quarter, while its U.S. business idled.

Joe joined KBS in 1998 and has over 20 years of consulting and business leadership experience on his resume. Among his many responsibilities, Joe provides oversight and expert guidance for more than 30 clients and also manages a team of 30 benefit experts. Since 2006, Joe has been a Senior Vice President and Senior Consultant for KBS. In this role, more than $450 million in premium is under his management.

Economists are also forecasting faster and deeper cuts to borrowing costs over the next year, and see the central bank reducing the policy rate from the current 4.5% to 3% by next July.

The interagency Property Appraisal and Valuation Equity initiative, which was tasked by the Biden administration with rooting out bias in home valuations, appears to have run its course. But experts say it could be years before the group's efforts bear fruit.

Lower interest rates could bolster loan demand, credit quality and securities portfolios. But they could also curb lending profitability faster than they ease deposit costs, crimping net interest margins and eating into near-term profits.

Naish Berran is senior sales executive director, INSTANDA for North America. He has spent more than a decade in the insurance technology and software industry and is responsible for business development initiatives at INSTANDA. Naish, his wife and two young daughters live in the Greater Philadelphia area, where he is a die-hard Philadelphia sports fan. Naish earned a bachelor's degree in business administration from Bloomsburg University. He can be reached at Naish.Berran@Instanda.com.

The concentration of electric vehicles also reached 17.8%, an increase from 15.3% in the 2024-B deal.

Martin Shillig is the CHRO at Casumo.

Jack Maddock currently serves as the accounting product lead at Rho, a business banking startup. He previously spearheaded the global development of the accounting product at Wise.

Alexandre Gonthier is the founder and CEO of Trustly, Inc., which offers open banking payment facilitation.

It is the third deal from the WOART program for the year, and could be upsized to $1.2 billion.

Vice President Kamala Harris' pledge to deliver 3 million homes has drawn applause from homebuilders, lenders and affordability advocates, but experts are uncertain how her administration would pull it off.

The ideas, which are still being hashed out, include lowering fees associated with issuances and simplifying audit requirements.

In his speech at the Federal Reserve's Jackson Hole Economic Symposium, the Fed chair said employment losses are now a bigger risk than elevated inflation.

In the run-up to Powell's Jackson Hole speech, Treasuries tumbled across the US curve, with the move led by shorter maturities.

Underwriting league tables of asset-backed securities through August 22, 2024

Issuance volume of asset-backed securities for the year through August 22, 2024