JPMorgan's Petno Sees Banks Making 'Irrational' Commercial Loans
Feb. 26 (Bloomberg) — Banks are making “irrational” commercial and industrial loans as they seek higher-yielding assets and the supply of quality borrowers is low, said JPMorgan Chase & Co.'s Doug Petno. “Just in the last several months we've seen …
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SBA Lending Marches On Post-Sequester, But Anxieties Linger
The Small Business Administration isn't expecting to slow down its pace of guaranteeing loans in the wake of the sequester, says outgoing SBA-chief Karen Mills. While the agency's loan-guarantee fund expects to lose $ 16.68 million, the SBA has never …
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