The Providence, Rhode Island, expects NII to decline 3% for the second consecutive quarter now that it's paying more to prevent a further slide in deposits and tightening lending standards in anticipation of a mild recession.
Lenders are bracing for more companies to fall behind on their loan payments. That could create more opportunities for banks to dispose of these nonperforming credits through an Article 9 sale.
Rates are rising and maturities are shortening in unsecured commercial paper, raising the possibility of a credit crunch and further regulatory intervention.
After finding her grandmother s old scrapbook from her high school years, TikTok user Lauren (@laurenofpalmsprings) is sharing pictures of all the attractive guys her grandma used to date. The video went viral and has racked up