A Citigroup subsidiary failed to detect fraudulent invoices and work estimates in a receivables factoring program for an oil industry provider.
The $2.6 billion deal, which diversifies Starwood away from commercial mortgages, includes 51 senior loans secured by energy infrastructure assets.
However, they are also accomplishing less, with many U.S. filers doing little more than deleveraging the balance sheet to reduce debt to a manageable…
Zillow Group makes a push into mortgage originations but also announces a small loss and disappointing revenue numbers in some product segments.
As consumer and business debt levels climb, investors pour money into online lending firms.
When politicians start chiming in on monetary policy, they actually can torpedo sensible policy: opinion.
Rising rates haven't helped Goldman's small banking unit, which likely will remain small yet subjects the firm to regulatory restrictions on its…
The acquisition will help underbanked consumers gain access to credit and capital, Equifax says.
A lower effective tax rate gave the bank a significant net income boost.
In addition, they remain extremely conservative about how they "invest" excess cash.