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(Bloomberg) -- US regional banks and finance companies are increasingly selling off their consumer loans as funding them gets harder and more expensive, flooding private credit firms and hedge funds with requests to buy the debt at a discount. Most Read from BloombergTrump ‘Standing Order’ to Declassify Not Found by DOJ, Intelligence AgencyChina Has $3 Trillion of ‘Hidden’ Currency Reserves, Setser SaysA $100 Billion Wealth Migration Tilts US Economy’s Center of Gravity SouthChina’s Economic Woe

Amid soaring energy bills, rising costs and hesitant ticket buyers, Jack Ramage talks to club owners and promoters about how they’re weathering the storm

Tom Burnside with the Deaf and Hard of Hearing Center, a non-profit group in Corpus Christi, said it is a move that could help a certain segment of people.

U.S. Fintech LendingPoint Appoints Ashish Gupta As New Chief Risk Officer   LendingPoint, a data and technology platform dedicated to democratizing credit and accelerating commerce, announced on Tuesday it has appointed Ashish Gupta as its new Chief Risk Officer.  According to LendingPoint, Gupta will lead data science/AI, risk, fraud, and market modeling as well as pricing for LendingPoint’s direct-to-consumer and point of sale/e-commerce verticals. He has more than 15 years of experience in banking and fintech credit products. He recently was Chief Credit Officer of Proper. Prior to P...

LendingPoint Closes Up To $110 Million Mezzanine Facility with Midcap Financial Trust & Apollo Investment Corporation   LendingPoint, a data and technology platform dedicated to democratizing credit and accelerating commerce, announced on Tuesday the closing of an up to $110 million, 5-year corporate mezzanine credit facility with new partners MidCap Financial Trust (MidCap), managed by a subsidiary of Apollo Global Management, Inc. and Apollo Investment Corporation (NASDAQ: AINV). Speaking about the facility, Tom Burnside, CEO of LendingPoint, stated: “We are delighted with the confidenc...