Kelly worked as a commercial lending and troubled-loan restructuring officer from 1989 until 1994.
British merchant banks are permitted to engage in commercial lending.
Will these loans be aimed simply to finance Japanese exports or commercial lending?
Currently, most of their commercial lending is to small businesses, an area with limited prospects for growth.
Few people trust banks enough to deposit money in them, so there is almost no commercial lending.
Freed to do commercial lending, it singed its fingers in 1989 and has been wary since.
While we're beginning to bounce back, there remains a crisis in commercial lending.
What they did was get extensive data on commercial lending - for such things as apartment buildings and stores - in 11 states.
A good example is that credit unions are now allowed to engage in commercial lending with only minor restrictions.
Bonuses in the investment banking division have exactly nothing to do with personal or commercial lending.