For banks working on their post-financial crisis image, catering to poor clients may lead to good will from regulators, the NYT reports.» Read More
Central bank interest rates may be at historic lows but in many loan markets around the world companies are paying more to borrow, the eurozone debt crisis blunting lenders’ appetite for risk. Not so in Japan.
BNP Paribas, France’s largest bank by assets, has put on the block up to $11 billion of loans to oil and gas companies, the Financial Times reports.
The “key issue” facing Europe’s banks is raising capital, not improving liquidity, JP Morgan Chase International’s chairman Jacob Frenkel told CNBC Wednesday.
The housing market is improving but it's not clear whether it has hit its low yet, Wells Fargo Chief Financial Officer Timothy Sloan told CNBC.
Iis Bank of America cutting credit lines to some small businesses? That question emerged on Tuesday after a Los Angeles Times report cited at least two small-business owners who claim that Bank of America is now forcing them to pay their balances in full versus on a monthly basis — a move that could wipe them out.
For the first time in three decades, there more young women in school than in the work force, the New York Times reports.
Banks have boosted lending by 8.2 percent since July according to Federal Reserve statistics. USA Today reports.
CNBC's Scott Wapner reports why hedge fund manager, Phil Falcone's Harbinger Capital's assets have fallen from $26B in 2008 to less than $5B.
CNBC's Phil LeBeau has the details on the uptick in subprime car buyers. With more people getting loans and buying cars, how is this affecting the economy? Rebecca Lindland, IHS director of automotive research, weighs in on the need for a happy medium.
In the latest bad news for the market for commercial mortgage-backed securities, a commercial real estate securitization trust disclosed losses of more than 100 percent on five loans, the New York Times reports.
Companies in the U.S. and Europe will need to compete with emerging market firms for debt capital funding in the future, according to emerging market credit experts speaking at the Association for Financial Markets in Europe’s high yield conference last week.
Two former bomb technicians transitioning back into civilian life are taking on a different type of risk: In June, they started Bullets2Bandages, a fashion jewelry business that donates 15 percent of profits to veterans' nonprofits, reports The Huffington Post.
Howard Widra, MidCap Financial CEO, discusses the business of lending for middle market companies, and the demand for capital.
While the current notion is that securing a business loan is near impossible, the truth is that there are still bank loans available for those who do the necessary footwork and come prepared, says Mike Lubansky of Sageworks Inc.
More U.S. homes entered the foreclosure process in October than in the previous month, with Florida, Pennsylvania and Indiana registering among the largest monthly increases, new data show.
Withdrawing money from a retirement account can carry a high price. Besides jeopardizing long-term savings, withdrawals can incur a 10 percent penalty. Still, if you’re in a financial pinch there are some options for cracking your nest egg that are better than others.
America is in the midst of physical decline. Decades of infrastructure neglect are eroding centuries of economic progress. Call it: The Great Regression.
"When I look at Zuccotti or McPherson or Grant Park, I’m not surprised the Occupiers don’t have a fixed agenda, writes the best-selling author," adding, "For decades, we’ve been like a tether ball in a schoolyard, pummeled by so much abuse from so many different directions that we’ve just spun around in circles. Now, the Occupiers are stopping the ball."
Banks are tripping over themselves to give loans, says John Kanas, BankUnited chairman, president/CEO. He adds that help for homeowners would be enormously uplifting.
CNBC's Scott Cohn has the story on why student loans is sparking anger and driving the Occupy Wall Street movement.