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US financial technology companies are tightening their lending standards, a move that has bolstered their access to debt financing from Wall Street investors, according to industry executives.
Regional lenders due to report results this week will likely be hit harder by rising deposit costs
JPM earnings call for the period ending June 30, 2023.
The Tennessee-based bank was supposed to be acquired this year, but the merger fell apart a month ago. Now executives say that employees are energized as they re-engage with clients who are relieved that they won't be switched away from First Horizon's systems.
Operator: Good day, and thank you for standing by. Welcome to nCino First Quarter Fiscal Year 2024 Financial Results Conference Call.