Today: September 12, 2024
Today: September 12, 2024

Loans

Economy

Analysis-Fed shines light on path to US bank capital relief trades

A clarification of capital rules by the Federal Reserve may encourage U.S. banks to transfer more of the risk in their loan portfolios to investors, potentially

Analysis-Fed shines light on path to US bank capital relief trades
Economy

Banks report continued pain on commercial real estate loans

A number of U.S. banks saw continued pain in the third quarter on delinquent commercial real estate (CRE) loans in their portfolios, as stress in the sector persists.

Banks report continued pain on commercial real estate loans
Business

Profits of US mid-sized banks likely to be squeezed by higher funding costs

U.S. mid-sized banks will likely need to shell out more to retain deposits in the next few months, a move that could crimp margins and add pressure to an

Profits of US mid-sized banks likely to be squeezed by higher funding costs
Economy

Fed report shows US loan officers see tighter credit, weaker demand

Banks tightened lending standards for U.S. businesses and households in the third quarter, but the pace of change appeared to ease, and demand for loans fell

Fed report shows US loan officers see tighter credit, weaker demand
Business|News

Turned down for a loan, business owners look to family and even crowdsourcing to get money to grow

Among the many challenges small businesses face as they try to grow these days, getting a loan is right near the top

Turned down for a loan, business owners look to family and even crowdsourcing to get money to grow
Business

US business equipment borrowings flat year-on-year in November - ELFA

U.S. companies borrowing rate remained flat in November compared to a year ago, industry body Equipment Leasing and Finance Association (ELFA) said on Wednesday.

US business equipment borrowings flat year-on-year in November - ELFA
Business

January saw record US leveraged loan issuance - JPMorgan

This January broke a record in gross U.S. institutional leveraged loan issuance, as companies took advantage of a decline in borrowing costs, according to a Thursday report

January saw record US leveraged loan issuance - JPMorgan
Business

New York Fed sees signs of trouble in auto borrowing as overall debt level rises

By Michael S.

New York Fed sees signs of trouble in auto borrowing as overall debt level rises
Business

Factbox-A close look at embattled NYCB's $84.6 billion loan portfolio

New York Community Bancorp on Wednesday pledged to reduce its exposure in the troubled commercial real estate (CRE) sector, attempting to reassure investors who have dumped the stock since

Factbox-A close look at embattled NYCB's $84.6 billion loan portfolio
Business

Banks face further loan losses from global office market slump - Morningstar DBRS

Banks globally will likely rack up further losses on office property loans as a bruising crash in valuations leads to more defaults, credit rating agency Morningstar

Banks face further loan losses from global office market slump - Morningstar DBRS
Business

Brazilian airline Gol gets court approval for $1 billion bankruptcy loan

Bankrupt Brazilian airline Gol received U.S. court approval on Wednesday for a $1 billion loan, after resolving the concerns of a group of lenders that feared

Brazilian airline Gol gets court approval for $1 billion bankruptcy loan
Business

New York sues cash-advance operation for issuing fraudulent loans with rates as high as 820%

New York Attorney General Letitia James has sued a cash-advance operation based in the state, claiming it exploited struggling small businesses across the country by issuing fraudulent loans

New York sues cash-advance operation for issuing fraudulent loans with rates as high as 820%
Business|Economy|Environment|News|World

African Development Bank chief criticizes opaque loans tied to Africa's natural resources

The head of the African Development Bank is calling for an end to loans given in exchange for oil or critical minerals used in smartphones and electric car batteries

African Development Bank chief criticizes opaque loans tied to Africa's natural resources
Business

US banks face loss risk from multi-family property loan exposure, says Fitch

U.S. banks with significant lending exposure to some multi-family properties and particularly rent-controlled housing are vulnerable to posting losses this year on

US banks face loss risk from multi-family property loan exposure, says Fitch
Business|News

Missouri lawmakers back big expansion of low-interest loans amid growing demand for state aid

Persistently high interest rates have led Missouri lawmakers to significantly expand a state loan program for farmers and small businesses

Missouri lawmakers back big expansion of low-interest loans amid growing demand for state aid
Business|News

These apps allow workers to get paid between paychecks. Experts say there are steep costs

More people are using so-called Earned Wage Access apps to get money to pay bills and buy groceries in between paydays

These apps allow workers to get paid between paychecks. Experts say there are steep costs
Business|Economy

Macquarie's banking unit to stop new car loans to focus on mortgage growth

Australian financial conglomerate Macquarie Group said on Monday its banking and financial services unit will stop new car loans through direct, broker and novated lease channels in a bid

Macquarie's banking unit to stop new car loans to focus on mortgage growth
Business|Economy

US banks report weaker loan demand, Fed survey says

U.S. banks reported renewed weakening in demand for industrial loans and a decline in household demand for credit in the first quarter of the year, according to a Federal Reserve survey of

US banks report weaker loan demand, Fed survey says
Business|Economy|News

China's property 'whitelist' lifeline stutters amid sector gloom

When China's local governments began compiling a "whitelist" of housing projects for loans earlier this year, troubled developers hoped it would open a

China's property 'whitelist' lifeline stutters amid sector gloom
Business|Economy

China Vanke granted $2.8 billion onshore syndicated loan facility

Cash-strapped major property developer China Vanke said on Thursday it had received a 20 billion yuan ($2.76 billion) syndicated loan facility and it would continue to push

China Vanke granted $2.8 billion onshore syndicated loan facility
Business|Economy|Technology

Apple to discontinue 'buy now, pay later' service in US as it plans new loan program

Apple on Monday said it will discontinue its "buy now, pay later" (BNPL) service in the United States as it launches a new loan program.

Apple to discontinue 'buy now, pay later' service in US as it plans new loan program
Economy

IMF's Executive Board makes available about $1.148 billion to Bangladesh

The International Monetary Fund said on Monday its Executive Board has concluded a second review of Bangladesh's bailout program, giving the country immediate access to about $

IMF's Executive Board makes available about $1.148 billion to Bangladesh
Business|Economy

Car affordability affecting auto lending market, study shows

A study on loans for buying automobiles in the United States has found that weaker consumer budgets are negatively impacting loan payments for some borrowers, credit reporting agency

Car affordability affecting auto lending market, study shows
Business|Economy

US banks weather Fed's annual stress test, but risks rise

Big U.S. banks had enough capital to weather a potentially severe economic downturn but some of their risky businesses could hypothetically take a major hit this year, according to results

US banks weather Fed's annual stress test, but risks rise
Economy|Education

World Bank approves $1.25 billion loans for the Philippines

The World Bank said on Saturday its board of executive directors has approved $1.25 billion in loans for the Philippines' education and public infrastructure sectors.

World Bank approves $1.25 billion loans for the Philippines

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