This Guy Is Probably The Nicest Banker In America
If you were going to sit down and design the opposite of a Wall Street banker, you would probably come up with someone like Patrick Cullen. Cullen ...
If you were going to sit down and design the opposite of a Wall Street banker, you would probably come up with someone like Patrick Cullen. Cullen ...
Rachel Havrelock | Posted 05.01.2012
In early March, I received a letter from my bank informing me of an impending "Conversion Date" on May 4. As a Religious Studies professor, I read on eagerly wondering what aspects of my body or soul might change.
Jerry Chautin | Posted 04.12.2012
Some legislative ideologues and conservative groups would rather abolish the SBA than spend taxpayers' money to boost its small business loan-guarantee programs.
HuffingtonPost.com | Zach Carter | Posted 03.22.2012
WASHINGTON -- In early February, Alabama Republican Spencer Bachus called for a meeting between two of the most quietly influential interest groups in...
The Huffington Post | Bonnie Kavoussi | Posted 03.07.2012
The big banks that critics claim caused the financial crisis may have gotten bailed out, but they apparently haven't learned their lesson. Large b...
Robert Teitelman | Posted 04.02.2012
Traditional banking is a difficult, commoditized service business, shorn of products that make fat profits. That's the reality that no one ever speaks of when they cry out to revive Glass-Steagall or when they wax poetic about the joys of small-town banking.
Jerry Chautin | Posted 01.11.2012
To provide the much-needed liquidity, the U. S. Small Business Administration is revising its CAPLine program to make lines of credit more acceptable to lenders and more available to small-business owners. However, banks would rather make conventional LOCs rather than hassle with some of the SBA's requirements.
Michael McGown | Posted 11.13.2011
While there are a number of sources for locating good, small, customer-friendly banks and credit unions, I've found two that are quite helpful.
Jerry Chautin | Posted 10.17.2011
Every bank has its own sweet spot for small-business loans and will look at your application somewhat differently. Find the right one and form a business relationship before applying.
Posted 08.27.2011
NEW YORK (David Henry and Dan Wilchins) - New regulations announced over the weekend will likely benefit PNC Financial Services Group Inc, US Banc...
Nicholas Carroll | Posted 08.02.2011
As the big banks shrink in assets by their own choices, average Americans can help them shrink to a size where they're no longer Too-Big-To-Fail. Because somewhere ahead is a tipping point, where they become Small Enough To Fail.
HuffingtonPost.com | Zach Carter | Posted 07.12.2011
WASHINGTON -- The Federal Reserve chairman and Federal Deposit Insurance Corporation chairwoman insisted Thursday that regulating the fees banks can c...
The New York Times | Simon Johnson | Posted 07.12.2011
It’s not hard to understand why large banks oppose any attempt to overhaul the financial arrangements currently surrounding credit cards and debit c...
Reuters | Dave Clark | Posted 05.25.2011
SAN DIEGO - New financial regulatory reforms should help reduce the edge that large banks have over smaller ones because of their implicit support f...
HuffingtonPost.com | William Alden | Posted 05.25.2011
In a sign that the economic recovery still faces challenges, small businesses continue to report difficulty getting loans. More than 10 percent of sm...
AP | MARCY GORDON | Posted 05.25.2011
WASHINGTON — Regulators on Friday shut down three small banks in Georgia and Illinois, bringing to 14 the number of bank failures in 2011 follow...
Jerry Chautin | Posted 05.25.2011
You can increase your revenues by selling products and services overseas, even if you've never done it before. Moreover, exporting creates jobs in America. That is why Obama wants the federal government to help you get started.
AP | MARCY GORDON | Posted 05.25.2011
WASHINGTON — Regulators on Friday closed banks in Colorado, New Mexico, Oklahoma and Wisconsin, lifting to 11 the number of bank failures in 201...
Posted 05.25.2011
WASHINGTON (Reuters) - U.S. authorities closed four banks -- one in Denver and three in the U.S. Southeast -- on Friday with total assets of $2.7 bi...
Jerry Chautin | Posted 05.25.2011
Lenders, brokers and borrowers beware. The Small Business Administration's Inspector General is looking for errors made during the origination, closing and servicing procedures.
The Huffington Post | William Alden | Posted 05.25.2011
In an effort to restore a crucial segment of the economy that was wounded in the financial crisis, a former government official is starting a company ...
HuffingtonPost.com | Nate C. Hindman | Posted 05.25.2011
Are venture bankers schooling first-time entrepreneurs and opening up their Rolodexes simply out of the kindness of their hearts?
HuffingtonPost.com | William Alden | Posted 11.30.2010
As the American economy shows encouraging signs of improvement, one crucial relationship threatens to impede expansion: Many small banks remain in poo...
Reuters | Joe Rauch and Dave Clarke | Posted 05.25.2011
Reuters) - The U.S. government's $700 billion bailout of the financial system has become a form of long-standing aid for many of the nation's small an...
HuffingtonPost.com | William Alden | Posted 05.25.2011
As the banking industry as a whole grows stronger, smaller banks are missing out on a recovery, a new report from the FDIC shows. Weakened local banks...
The Huffington Post | Alexander Eichler | Posted 05.23.2012