Block bets on lending expansion after stock slump
Block is expanding its lending efforts, announcing this week that it received FDIC approval to issue loans through its banking subsidiary.
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Block Stock Soars 6% On FDIC Nod For SFS’ Consumer Loan Product Ignoring Citi’s Price Target Cut — Retail Remains Neutral
Shares of financial services company Block Inc (XYZ) soared over 6% on Friday after the Federal Deposit Insurance Corporation ...
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FNBC promotes Scott Sellars to head of consumer lending
FNBC has promoted Scott Sellars to senior vice president, head of consumer lending, said Executive Vice President and Chief ...
China orders banks to boost lending, credit card use to get consumers to spend more
China has ordered banks and other financial institutions to encourage more consumer financing and use of credit cards as part ...