The company, which was taken private by Apollo Global Management LLC for about $3.1 billion in 2007, had sought to raise $100 million when it filed for its IPO in May 2013. The Hoffman Estates, Illinois- based company missed a $77 million interest payment in September and received a waiver under its U.S. credit agreement amid debt exchange talks with a lender,...
A new survey says undergraduate students may be borrowing about $12,000 more than they need to finish their education.
Total mortgage application volume rose 2.5-percent, seasonally adjusted, last week.
With banks raising prime rates following the Fed's rate hike, CNBC's Wilfred Frost discusses what this means for banks and savers.
CNBC's Kelly Evans speaks to Bob Diamond, Atlas Merchant Capital CEO, former Barclays CEO, discusses the election and the current state of financials.
Vernon Hill, chairman at Metro Bank, discusses the positive response to his organization in the U.K.
Discussing possible implications of privatizing government-sponsored enterprises like Fannie Mae and Freddie Mac, with Karen Petrou, Federal Financial Analytics, and Mark Hanson, M. Hanson Advisors.
Singapore's property investors got a yellow card from the city-state's central bank in its annual financial stability review.
A new report finds the average age of a vehicle in the US has reached an all-time high of almost 12 years.
CARACAS, Nov 17- Venezuela said it would tap $2.2 billion from a Chinese credit line to boost oil output at joint ventures with China National Petroleum Corp, in a boost for the South American country's struggling oil industry and a show of unity with a key ally. Funds will come from an up to $9 billion credit line with China, Maduro said after a meeting with CNPC in...
CNBC's Diana Olick reports on the rise of mortgage rates. James Paulsen, Wells Capital Management chief investment strategist, weighs in.
CNBC's Diana Olick reports on how the big sell-off in the bond market following Trump's victory is impacting mortgage rates.
HOUSTON, Nov 10- Energy Transfer Partners on Thursday said an easement from the Army Corps of Engineers to drill under Lake Oahe will unlock an additional $1.4 billion in financing for its Dakota Access Pipeline. The company has already drawn $1.1 billion from its $2.5 billion credit facility but needs the easement, a right to use the property without...
Jason Yetton, CEO of SocietyOne, explains how his firm reduces risk when investors are connected with borrowers.
Simon Loong, founder & CEO at WeLab, talks about how his mobile fintech start-up uses big data to let users secure loans without even stepping into the bank.
Sarah Friar, Square CFO, discusses Square's quarterly results and growth across the company's products, as well as the future of the Square Reader device.
Chris Wheeler, banks analyst at Atlantic Equities, discusses Standard Chartered's future after its disappointing third-quarter data, saying that the bank has "still got a great footprint."
Elisabeth Rudman, head of European financial institutions group at DBRS, says the challenge in Europe and for the Portuguese banks is raising additional capital.
Greater regulation will lead to healthier growth long-term, says Tang Ning, founder & CEO at CreditEase.
Financial advisors say that most of their clients are confused about the ins and outs and associated costs of credit.