Gobal banks may have made record profits, but the challenge from fintech firms is growing fast.
Alibaba has closed its first SME financing deal in Europe by partnering with ezbob and iwoca to supply trade finance when goods are purchased.
Described as a "new lending bank for high-growth small and medium-sized companies", OakNorth has recruited a number of high-ranking senior business leaders to its board.
Consultation on measures to help SMEs who have been rejected for a business loan was launched by the chancellor today.
The Treasury Select Committee (TSC) has announced it will be conducting an inquiry into banks' treatment of small and medium businesses.
While the economy as a whole may be improving, it's clear that for smaller businesses seeking to raise finance things are getting worse. Much worse in fact.
Who does Bank of England governor Mark Carney want to support, SMEs or the banks, asks Jan Cavelle.
Almost half of the £66bn in lending to SMEs in 2010 was provided by RBS, CEO Stephen Hester revealed yesterday.