Banks pledge $20 billion hike in lending to small business
by Ted Carter
Published: September 25,2011
Tags: Bank of America, banking, Citigroup, Citizens Financial Group Inc., Huntington Bancshares Inc., Joe Biden, JP Morgan Chase & Co., Karen Mills, Key Corp, M&T Bank Corp., Merrill Lynch, PNC Bank NA., Regions Bank, Small Business Administration, Sun Trust Banks Inc, TD Bank, US Bank, Wells Fargo
Regions Bank, Wells Fargo and 11 other large banks have committed to increase lending for small businesses by a combined $20 billion over the next three years. The banks made the announcement at a press conference joined by Vice President Joe Biden and Small Business Administration Administrator Karen Mills John Asbury, head of Business Services [...]
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