The deal is a master trust and will use its proceeds to repay all outstanding series of notes, not sharing identical collateral of prior issuances.

The bank is following in the footsteps of Goldman Sachs, which made a similar move in April.

The IPO comes on the heels of several listings by companies seeking to benefit from the rapid growth of AI.

The construction and building sector raises the most concern, but issues should remain manageable.

The deal will bring Kiavi's assets onto Figure's blockchain environment, adding $7 billion in annual volume, and more than $100 million of monthly cash flow onto its blockchain-native warehouse marketplace, Democratized Prime.

The hire comes in the wake of InspereX's announcement that it will acquire Financial Northeastern Securities and reflects InspereX's ongoing investment in expanding its distribution capabilities.

With the war-driven price shock sending 30-year bond yields to a nearly two-decade high, Wall Street analysts say the technology is, for now, having the opposite effect on inflation.

Demands for new data centers account for the surge in financing, while offering portfolio diversity.

Three senior officials say attackers will eventually breach bank defenses, and supervisors should plan for it — while U.S. regulators stay nearly silent.

American Banker research finds that while more than 30% agree buy now/pay later is good for banks and consumers, the majority of respondents are unconvinced.

Fintech firm IntraFi's most recent quarterly survey of bank executives showed rising pessimism among bankers related to "instability in Washington," as well as growing concerns about technology-enabled fraud.

A decline in Middle East travel and higher fuel prices should not put a major dent in the company's performance, execs said Thursday.

The credit startup is seeking a limited-purpose charter from federal regulators through the Competitive Equality in Banking Act's credit card bank carveout.

In an update to its seller and servicer guide, Fannie Mae laid out details on responsibilities for vendor oversight and the need for transparent AI policy.

Iskandar and Kaveh have a liquidity reserve of about $16.3 million at closing, and a cash-trapping trigger if the three-month average class A debt service coverage ratio (DSCR) falls below 1.45x.

American Banker data found that those who upped artificial intelligence spending by more than 25% in the last year saw major improvements in employee output.

The latest government-sponsored enterprise changes include a more flexible sampling and a longer maximum term for some manufactured housing loans, respectively.

Highly leveraged software companies facing major credit challenges may turn to using more LMEs to stave off defaults.

Hale Capital Management purchased Voxtur Analytics after a tumultuous past few years that included financial struggles, and rebranded it as Apex Analytics.

The A2 tranche in the 2026-1 series will issue the bulk of notes $765 million, with an A- rating, and a March 2031 anticipated repayment date. Its legal final maturity date.