NYCB stock turns positive after bank says deposits climbed
Shares of New York Community Bancorp, which touched a 27-year low on Tuesday, climbed after the company said deposits have...
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Lender Operations
Fed says banks tightened credit standards in fourth quarter
The Federal Reserve said US banks reported stricter credit standards in the fourth quarter, although the proportion of those tightening...
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Lenders seek more collaboration with dealers on finance packaging
Equipment finance lenders want more collaboration with dealers in order to develop the best financing packages and maximize value for...
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New York Community Bank’s equipment finance outstandings grow in fourth quarter
New York Community Bank’s equipment finance outstandings represented nearly 27% of the bank’s overall commercial and industrial portfolio in fourth-quarter...
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DLL enters financing partnership with Sany America
Global equipment financier DLL has signed a deal with equipment manufacturer Sany America, as the lender continues to expand its...
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Fed holds rates steady and inches closer to cutting in future
The Federal Reserve held interest rates steady for the fourth straight meeting and signaled its openness to cutting them, though...
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Volvo Financial launches new leasing model to speed electric truck adoption
Volvo Financial Services’ latest leasing offering for Mack MD Electric trucks is rolling out across the country in a bid...
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Volvo Financial Services’ new business volume, credit portfolio jump in 2023
Volvo Financial Services posted an increase in new retail business volume in 2023 as the captive’s penetration rate slipped. The...
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