Tag:
Business Lending
Latest Headlines
Latest Headlines
Banks crimp small business lending
Despite some flashy initiatives, such as a recent partnership announcement by Citigroup ( NYSE: C ), the banking industry as a whole has cut back severely on lending to small businesses. The Congressional Oversight Panel reports that the biggest Wall Street banks cut there small business len
More modest proposals for PR-challenged banks
You can argue it anyway you like, but it is increasingly clear that the top banks need to acknowledge that they benefited from taxpayer money. The debate can get pretty nuanced, but to dig in now and argue that the banks owe nothing to the public isn't going to fly from a PR point of view. Goldman
Goldman Sachs to the aid of small businesses?
Not too long ago, we suggested that Goldman Sachs ought to buy CIT and jump headlong into the business of small business lending. I really don't see Goldman Sachs yearning to get into inventory finance and the like, but it would really help its PR aims.
Well, the gilded firm has been thinking
