Customers needing a personal loan can apply for the Wells Fargo Fixed Rate, Fixed Term Personal Loan. Under this personal loan, users can borrow up to $100,000 with no collateral required.
Wells Fargo offers personal loans designed for debt consolidation,...
On Wednesday, April 17, JPMorgan announced that it's Chief Financial Officer Marianne Lake is leaving her post to oversee the bank's consumer lending business.
In a report by CNBC, the announcement was said to be distributed through a memo signed...
The Trump administration stated last Monday, Oct. 28, that it would ease the lending sanctions to banks to encourage them to offer loans to low-income borrowers.
The government pushes for an increase in the lending market by helping banks get...
The newly-launched banking platform Juno has raised a $3 million funding seed from investors like Polychain Capital, Sequoia Capital, and Dragonfly Capital.
The same founders of lending protocol Nuo have created Juno in July this year, highlighting a 5.5 percent...
The Singaporean-headquartered company Grab Financial Group launched new services SME lending and Micro-Insurance during Money 20/20 Asia Conference in Singapore held last March 19, 2019.
On the first day of the conference, the company introduced these new products as part...
The European Investment Bank (EIB) recently deferred giving a decision on whether or not it will continue offering fossil fuel loans project, Reuters reported. This came after members criticized the proposal to stop lending to fossil fuel initiatives.
The decision...
In the move to distance itself from President Donald Trump’s policies and restrictions, American Bank SunTrust Inc. is finally cutting ties with private prison operators.
SunTrust is the fourth major bank to stop lending practice to detention centers after receiving...
DBS Group, a Singapore bank, announced on Friday that lending for customers who derive revenue from thermal coal will be phased out. It had pledged to have no connection to the industry by 2039.
The bank's decision was influenced by...
The Federal Reserve is mulling on imposing a stricter policy on foreign bank branches to tighten the "loophole" that allowed overseas lenders to protect its assets from U.S. bank rules, people privy to the matter said.
The potential rule change...
The biggest United States bank JPMorgan Chase & Co. announced its plans Tuesday, February 25, 2020, to stop lending or advising companies who belong to the coal-mining industry. Apart from this, the firm also committed $200 billion to fund...
