Broadway Federal Savings and Loan Association was founded in 1946 by a group of civic minded men and women who had identified the need for conventional loans to minority consumers who were ignored by all of the existing financial institutions. Loans, if available at all, carried high interest rates and few if any jobs were to be had by returning veterans and other minorities. Broadway continues to fulfill the mission of providing conventional loans and in providing training for minorities desirous of entering the industry.
Broadway Federal Bank - Recent News & Articles
The Bank of England has proposed to consult large private capital groups, including Goldman Sachs Asset Management, Carlyle and Oaktree, on the scenario it will use to test how the $16tn market for fi...
Goldmans Sachs has agreed to buy Innovator Capital Management, a provider of defined-outcome ETFs, for about $2 billion. Innovator had $28 billion of assets under supervision across 159 ETFs as of Sep...
Australia’s inflation accelerated in October, exceeding analysts’ estimates and rising at its fastest pace in seven months, data from Australian Bureau of Statistics showed Wednesday. The consumer pri...
Blue Owl has blocked redemptions in one of its earliest private credit funds as it merges with a larger vehicle overseen by the asset manager in a deal that could leave investors with large losses. In...
The Bank of England on Thursday voted narrowly to hold interest rates steady, exercising caution ahead of the government’s Autumn Budget in November. Out of the BOE’s nine-member monetary policy commi...
Huntington Bank will acquire Texas- and Mississippi-based Cadence Bank in a $7.4 billion, all-stock transaction that’s expected to close in the first quarter of 2026, the banks said Monday. It’s the s...
Subprime lender PrimaLend Capital Partners filed for bankruptcy protection on Wednesday, in another sign that low-income consumers in the United States are under strain. The company's filings in a Tex...
UK banks' online services are beginning to recover after a problem with Amazon Web Services (AWS) caused widespread outages across several apps and websites. According to website Downdetector, the out...
“I probably shouldn't say this, but when you see one cockroach, there are probably more.” Jamie Dimon, boss of JPMorgan Chase, America’s biggest bank, offered a warning on October 14th that the recent...
Regional bank stocks tumbled as fears mount around the health of their lending businesses. All but one stock in a popular regional banking ETF is tracking to end Thursday down. Zions was among the har...