Commercial banking
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Bill Loftus is a founding partner of Coastal Bridge Advisors. With a career spanning over 30 years, he has held senior executive positions at Merrill Lynch and Smith Barney as well at Coastal Bridge, which he co-founded in 2008.
His passions are financial education and philanthropy. He has been featured on Fox Business Channel and the Dow Jones Advisor Show.
July 17 -
In a data breach at OpenAI, some ChatGPT users were able to see other users' financial data. In other cases, users have invoked their dead grandmothers to access information that should have been sealed off.
July 17 -
One asset manager recalled the prelude to the global financial crisis and the 2001 dot-com bust, when companies that loaded up on debt when costs were low got hit with a steep bill years later.
July 17 -
The U.K. manager's assets have declined from peak of nearly $20 billion before a spate of 2020 losses.
July 17 -
Fatima Koning, Chief Commercial Officer at workspace provider IWG, is a proud champion for the hybrid model, and has helped firms around the world to embed it successfully.
July 17 -
The deal has a slightly higher weighted-average FICO and slightly lower exposure to longer-term loans than its predecessor but a slightly worse FICO tier distribution.
July 17 -
Known for his personal style and his support of affordable housing, the former MBA president also earned an ignominious distinction as the face of the Financial Crisis.
July 17 -
Justin M. Peterson is a member of the Puerto Rico Financial Oversight and Management Board.
July 17 -
CPS provides auto loans to U.S. consumers who have situational credit problems, but display an ability to pay their obligations, according to the company.
July 14 -
Rising balances and annual percentage rates alongside lower FICO scores mark used vehicle loan pool.
July 14 -
John Stocchetti is executive vice president and group head with the Federal Home Loan Bank of Chicago's Mortgage Partnership Finance Program.
July 14 -
Delinquencies are balanced by low loan-to-value ratios, which could result in more favorable recoveries in the event of defaults.
July 13 -
The proportion of construction equipment in the pool is the highest compared with other Kubota Credit transactions, which is a potential weakness.
July 13 -
Sima Gandhi is the co-founder of the Coalition for Financial Ecosystem Standards, an organization focused on setting risk management and compliance standards for bank partners, as well as a senior advisor at FS Vector. She recently sold her company, and prior to that, was on the executive team leading policy and banking relationships at Plaid. She previously held roles at the Department of Treasury and American Express.
July 13 -
However, both Zillow's and Optimal Blue put the 30-year fixed mortgage lower than where it was seven days prior.
July 13 -
The six biggest banks in the U.S. are expected to sell between $28 billion and $32 billion of new bonds after they report quarterly earnings, and regional banks — seeking to raise more capital — could be right behind them.
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