Six former brokers will face a London jury on Tuesday over allegations they were part of a conspiracy to rig benchmark interest rates.» Read More
CNBC's Diana Olick reports on the state of housing following disappointing home sales and tracks big banks fleeing FHA loans.
Piyush Khaitan, managing director at NeoGrowth Credit, says the financial technology firm offers loans to small and medium-sized enterprises (SMEs) without a fixed repayment schedule.
A Fed rate hike would affect consumers looking for car and personal loans more than those seeking mortgages, LendingTree founder Doug Lebda tells CNBC.
MOSCOW, Sept 11- Russia's En+, a group of metals and energy companies controlled by businessman Oleg Deripaska, has refinanced a $1.04- billion credit facility with VTB Bank, Russia's second-largest lender, the group said on Friday. The new maturity date of the loan is December 2019, extendable for two more years, En+ added in a statement. En+, which holds a stake in the...
Mortgage applications fell 6.2% last week as interest rates ticked up.
While summer months are often the slowest for small businesses, they could be the most crucial—epecially when it comes to holiday season prep.
To avoid selling Alibaba shares, executives expand their personal portfolios through a margin loan, sources tell Bloomberg.
A letter warned of delinquencies, intending to persuade City Hall on a legal point about Uber and other services.
David Marshall, senior analyst, Asia-Pacific Financials at CreditSights, discusses how higher non-performing loans and provisioning charges impact the earnings of Chinese banks.
Ethan Senturia, CEO of Dealstruck, explains how they help millennials with "healthy financing", so their small businesses can grow.
Aug 11- Struggling teen apparel retailer American Apparel Inc said it does not expect to have sufficient funds for the next 12 months and that it may not be able raise additional capital. The company, which is being sued by founder and former CEO Dov Charney, said it could breach covenants related to a credit facility. American Apparel said it was in talks with the...
Mike Hirst, managing director at Bendigo and Adelaide Bank, attributes the 4-basis-point fall in the bank's net interest margins to the competitive low interest rate environment in Australia.
A read on the company's growth, earnings and pipeline, with Renaud Laplanche, Lending Club founder and CEO.
Fifty percent of small businesses didn't receive any financing they applied for in the first half of 2014, according to a survey.
New York City's new initiative to reduce unnecessary jail stays will affect defendants, taxpayers, industries and communities.
MOSCOW, July 30- Sberbank CIB, the investment-banking arm of top Russian bank Sberbank, said on Thursday it had organized a syndicated loan for Belarussian potash producer Belaruskali. Sberbank CIB said in a statement the loan was for 550 million euros, for five years and secured by a guarantee from the Belarussian government. It said the credit facility was...
Penny Pritzker, U.S. Commerce Secretary, weighs in on the role of the Export-Import Bank and why she supports it.
Funding for the SBA's main loan guaranty program resumed after government approval raised its program cap to $23.5 billion.
The SBA reached its $18.75 billion cap for its main loan guaranty program on Thursday halting the funding of 7(a) loans.
WASHINGTON, July 23- The U.S. Small Business Administration said it reached the $18.75 billion cap for its main loan guarantee program on Thursday, forcing it to halt the funding of new loans with more than two months left in the fiscal year. U.S. Senate Small Business Committee Chairman David Vitter, a Republican, told SBA Administrator Maria Contreras-Sweet in a...