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SunTrust Beats Revenue Forecast Ahead Of BB&T Merger

SunTrust Beats Revenue Forecast Ahead Of BB&T Merger
SunTrust Beats Revenue Forecast Ahead Of BB&T Merger
October 17, 2019  |  Earnings

SunTrust Banks Inc. reported results on Thursday (Oct. 17) that surpassed revenue expectations but fell in line with analysts’ earnings estimates for the third quarter. Get...

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Ahead Of Suntrust Merger, BB&T Sees Strong Loan Growth, Credit Quality
Ahead Of Suntrust Merger, BB&T Sees Strong Loan Growth, Credit Quality
October 17, 2019  |  Earnings

BB&T Corp., ahead of its planned buy of SunTrust banks, posted results that beat expectations and showed a slight decrease in non-performing assets. Get the...

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Chase Sees Active Mobile Customers, Card Loans Grow in Q3
Chase Sees Active Mobile Customers, Card Loans Grow in Q3
October 15, 2019  |  Earnings

Amid the companies kicking off earnings season, JPMorgan Chase and Co. reported results that showed consumer spending remains resilient in the face of global macro...

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P2P Lender Funding Circle Addresses Investors’ Withdrawal Concerns
P2P Lender Funding Circle Addresses Investors’ Withdrawal Concerns
October 11, 2019  |  Loans

Peer-to-peer (P2P) British-based lender Funding Circle sent out a letter to investors after they were unable to take out funds from the platform. Get the...

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WeWork Calls For Looser Loan Policies For Co-Working Tenants
WeWork Calls For Looser Loan Policies For Co-Working Tenants
October 11, 2019  |  Loans

A WeWork executive is calling for real estate lenders to be more flexible when it comes to their co-working tenants. Get the Full Story Complete...

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LendingClub Offers Same-Day Loan Settlements
LendingClub Offers Same-Day Loan Settlements
October 10, 2019  |  Loans

LendingClub, an online marketplace that connects borrowers and investors, has launched a new marketplace called LCX with the intention of drawing a larger swath of...

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Upgrade Card Combines Credit Card Acceptance With Installment Payments Flexibility
Upgrade Card Combines Credit Card Acceptance With Installment Payments Flexibility
October 10, 2019  |  Loans

Twelve years ago, LendingClub Founder Renaud Laplanche built a business to help consumers manage the $800 million in outstanding credit card debt. That product was...

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Thai’s KBank Offers Digital Loans To Online Sellers
Thai’s KBank Offers Digital Loans To Online Sellers
October 02, 2019  |  International

Thailand’s Kasikornbank (KBank) will provide loans of up to 600,000 baht ($19,570) to eCommerce merchants selling on the Shopee platform, Reuters reported on Wednesday (Oct....

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Goldman’s Marcus Has Lost $1.3B Since 2016
Goldman’s Marcus Has Lost $1.3B Since 2016
September 29, 2019  |  Banking

Consumer bank Marcus, launched by Goldman Sachs in 2016, has lost $1.3 billion despite buying startups and building call centers in Utah and Texas, The...

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