Not every bank is at risk, JPMorgan CEO Jamie Dimon said Monday during an investor conference. But for lenders with more exposure to commercial properties,…
Posts published in “banking”
Hundreds of banks are exposed to large concentrations of commercial real estate — and high levels of risk, Red Shoe Economics’ K.C. Conway, a seasoned…
The deal includes the purchase of approximately $72 billion in loans at a discount of about $16.5 billion, along with the transfer of all of…
The acquisition by UBS, one of the largest real estate asset managers in the world, is intended to help contain the crisis of confidence spreading…
In the most dramatic banking implosion since the Great Recession, regulators on Friday shut down the bank, which boasted ties to proptechs, including Airbnb, Opendoor…
Any existing customers at the bank can now apply for non-conforming refinancing. However, those lacking a prior relationship with Wells Fargo will face a harder…
Steve Hagerman will serve as Wells Fargo’s head of consumer lending technology and will be responsible for the bank’s new and emerging technology platforms. Source:…