Over the last 30 years, the number of U.S. banks has been cut in half. Regulators don't seem interested in preventing further contraction.
Collectively, CFOs of U.S. banks and thrifts received their fourth straight increase in annual compensation in 2012, according to SNL Financial.
Companies are slowly converting check payments into wire-transfer, ACH-debit and purchasing-card transactions.
More companies built up rather than subtracted from their cash holdings last quarter, but some plan to reverse course the last three months of 2013.
Private capital and other nonbank sources of debt financing are offering companies borrowing options beyond the traditional bank loan.
Nonbank lenders and other sources of private capital will often provide financing to small and midsize companies when banks won’t.
Neil Wessan, group head of CIT Capital Markets, explains how the financing giant is staying disciplined in its underwriting.
Online lenders with access to reams of e-commerce data are using it to provide working capital to some small and midsize borrowers.
Exclusions and fees can sour a financing.
CoBank, a government-sponsored enterprise designed to provide credit to farmers and ranchers, has no place in the $12 billion deal, a bank group says.