NEW YORK: Wells Fargo is teaming up with private equity firm Centerbridge Partners to launch a fund with the capacity to lend more than US$5bil to North American middle-market companies, the groups say. The move […]
(Bloomberg) — Spreads on lower-rated commercial mortgage-backed securities widened over the summer as traditional buyers of the debt wait for more clarity on the outlook for interest rates and office valuations. Most Read from Bloomberg […]
WeWork’s financial plight represents a further blow for the troubled commercial real estate industry that is already grappling with surplus capacity after the coronavirus pandemic sparked a surge in working from home. Even now that […]
The dark clouds over the commercial real estate market – and office buildings in particular – continue to gather as regional and community banks cut their loan exposure to the sector. Regional and community banks […]
The loan aims at improving Small- and Medium-sized Enterprises’ (SMEs) access to finance, especially women-owned, women-led, and climate-focused SMEs, in Vietnam. The signing ceremony took place at VPBank’s headquarters in Hanoi, under the witness of […]
In a move designed to move it closer to its goal of becoming a full-service commercial bank, Dime Community Bancshares will launch a health care banking unit. The Hauppauge, New York-based company has hired Daniel […]
OAKDALE, Calif., Sept. 01, 2023 (GLOBE NEWSWIRE) — Oak Valley Community Bank, a wholly-owned subsidiary of Oak Valley Bancorp (NASDAQ: OVLY), announced that Eric J. Manning has joined the bank as Vice President, Commercial Banking […]
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