Banks

The same forces that have been pushing mortgage interest rates higher are likely to do the same to business loans.

Klarna has applied for a bank license in Utah, and other fintechs see traditional banking as a natural evolution.

Stablecoins offer services that are similar to what traditional bank accounts offer. That has some bankers worried that deposits could flow out of the banking system.

The word “resilient” came up in multiple earnings calls this week.

Private credit funds are gating withdrawals, but their structure may make them less fragile than traditional banks.

The competition to pay depositors higher rates has been hot for several years, leaving many smaller lenders feeling pressured to raise deposits.

A new study from the University of Iowa found that China’s entry into the World Trade Organization has had long-lasting effects on local U.S. banks.

The private credit market has grown fivefold since the 2008 financial crisis, according to the Federal Reserve, and now sits somewhere near the $2 trillion-mark globally. In the last couple weeks, though, the market has gone a bit sideways.

After the Great Recession, banks were required to hold a certain amount of capital to specifically cover mortgages. Banks backed away from mortgages as a result.

Banks can offer interest on deposits, but cryptocurrency firms are asking whether they can offer something similar to people who hold stablecoins, a type of cryptocurrency.