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  • CARACAS, Jan 19- Venezuela's new opposition-led Congress plans to investigate state-run oil company PDVSA's financial health and hefty Chinese loans, a lawmaker said on Tuesday. With the political opposition in control of the National Assembly since this month, rivals of leftist President Nicolas Maduro want to use their new perch to push for greater...

  • BEIJING, Jan 16- China's largest online direct sales firm, JD.com, said on Saturday it will raise 6.65 billion yuan for its JD Finance subsidiary from investors including Sequoia Capital China, China Harvest Investments and China Taiping Insurance. The financing values JD Finance at 46.65 billion yuan on a fully-diluted, post-investment basis.

  • By Sruthi Shankar and Richa Naidu. Walls Fargo- whose latest balance sheet showed it had replaced Citigroup Inc as the third-largest U.S. bank- managed to increase revenue from mortgage banking for the first time in three quarters in the three months ended Dec. 31. But its exposure to energy loans meant provisions for credit losses jumped by about $346 million...

  • NEW YORK, Jan 14- JPMorgan Chase& Co executives said on Thursday they do not expect losses on the bank's oil and gas loans to accelerate with the pace and severity that the decline in oil market prices might suggest. "The oil folks have been surprisingly resilient," Chief Executive Jamie Dimon said in a conference call with analysts. At Citigroup Inc, which is to report...

  • Bankruptcy warning signs Thursday, 14 Jan 2016 | 2:16 PM ET
    Bankruptcy warning signs

    Anatomy of a bankruptcy: The Arch Coal example. CNBC's Michelle Caruso-Cabrera explains.

  • BOK, which primarily operates in Oklahoma and Texas, expects loan loss provisions for the fourth quarter to increase to $22.5 million, nearly four-times the midpoint of the $3.5 million to $8.5 million it forecast earlier. Associated Banc-Corp said Jan. 8 it would set aside an additional $13 million for bad loans, while Hancock Holding Co upped its allowance by...

  • SANTIAGO, Jan 13- Supply and demand for loans in Chile remained tight in the final three months of 2015, with economic growth still sluggish and consumer and business sentiment shrouded in pessimism, a quarterly central bank poll on credit showed on Wednesday. Thirty-nine percent of banks polled said supply conditions for home loans were more restrictive and...

  • Should you invest in debt markets? Wednesday, 13 Jan 2016 | 2:40 AM ET
    Should you invest in debt markets?

    Melanie Czarra, co-head of debt capital markets for UBS, says funding for large companies is cheap at the moment as investors flock towards the corporate bond market, where their money is safer.

  • Oil breaks the $30 mark, first time since Dec. 2003 Tuesday, 12 Jan 2016 | 2:08 PM ET
    Oil company dividends not sustainable: analyst

    Anish Kapadia, managing director & senior research analyst at Tudor, Pickering, Holt & Co. explains why companies are outspending in order to pay dividends, even as oil hovers around $30.

  • THESE companies could be facing liquidity problems Friday, 8 Jan 2016 | 2:00 PM ET
    THESE companies could be facing liquidity problems

    Moody's Senior Vice President John Puchalla highlights companies that are facing elevated default rates.

  • By Anshuman Daga and Umesh Desai. SINGAPORE/ HONG KONG, Jan 8- Standard& Poor's cut its credit rating on Noble Group to junk, adding to concerns about financing costs for Asia's biggest commodity trader a week after a similar downgrade by Moody's Investors Service and sending its stocks and bonds sliding. The company, with a market cap of $1.5 billion, has a total of...

  • Lion Point, co-founded in 2014 by former portfolio managers from Elliott Management and Perry Capital, said Ally ignored this request and also chose to make their private discussion public via its release on Monday. Lion Point is targeting a $9 billion company in its first such campaign while holding less than 1 percent of Ally's stock. Ally, the largest auto...

  • WILMINGTON, Del., Jan 5- Swift Energy Co received U.S. bankruptcy court approval on Tuesday to borrow up to $15 million, giving the oil-and-gas exploration company time to negotiate a refinancing deal that is key to its turnaround. "We need to try to minimize Chapter 11 time and expense as much as possible," said Gregory Gordon, a Jones Day attorney who represents Swift,...

  • Dec 31- A federal judge on Thursday dismissed a lawsuit by Quicken Loans Inc against the U.S. Justice Department that alleged the company was being forced to make a big settlement over its mortgage lending and underwriting practices. Quicken had sued the Justice Department and the Department of Housing and Urban Development in April, saying it was pressured to "...

  • MOSCOW, Dec 30- The son-in-law of Vladimir Putin stands to benefit from $1.75 billion in cheap finance from the Russian state, a Reuters examination of public documents shows. The money will help fund a petrochemical project at a company in which Kirill Shamalov, husband of Katerina Tikhonova, the Russian president's younger daughter, has a significant...

  • NEW YORK, Dec 29- Creditors suing Argentina over billions of dollars in defaulted bonds have subpoenaed HSBC Holdings Plc for information about the country's effort to raise money abroad, a person familiar with the matter said on Tuesday. Creditors, including hedge funds Elliott Management's NML Capital Ltd and Aurelius Capital Management LP, are seeking...

  • SAN FRANCISCO, Dec 23- Palantir Technologies, a data analytics and security company that helps government agencies track down terrorists and uncover financial fraud, said on Wednesday it has raised $880 million in its latest financing round. The Palo Alto, California- based company raised another $200 million on top of the $679.8 million since the round began...

  • Palantir Technologies raises $880 mln from investors Wednesday, 23 Dec 2015 | 6:12 PM ET

    SAN FRANCISCO, Dec 23- Palantir Technologies, a big-data Silicon Valley company that helps government agencies track down terrorists and uncover financial fraud, has updated its most recent financing round to $880 million. The Palo Alto, California- based company added another $200 million onto a financing round it said it began raising in July.

  • PALANTIR TECHNOLOGIES, BIG DATA COMPANY, UPDATES FINANCING ROUND TO $880 MLN FROM $680 MLN- FILING.

  • Higher One fined over 'deceptive' student loan practices Wednesday, 23 Dec 2015 | 11:00 AM ET

    WASHINGTON, Dec 23- The Federal Reserve on Wednesday ordered U.S. financial firm Higher One Holdings Inc to pay fines and restitution to borrowers over allegedly "deceptive" marketing practices in the disbursement of student loans. Higher One of New Haven, Connecticut, must pay about $24 million in restitution to approximately 570,000 students as well as a...