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...» Read More
Chinese banks made $171 billion of new local currency loans in March, central bank data showed on Thursday, well above market expectations and adding to evidence of an economic recovery being fueled by ample credit.
Ballooning student loan debt is keeping money out of housing, reports CNBC's Diana Olick.
Student debt in the U.S. is now second to mortgage debt. CNBC's Diana Olick reports Americans are finding it harder to afford a mortgage because they're weighed down with student loans.
At car dealers across the United States, loans to subprime borrowers are surging — up 18 percent in 2012 from a year earlier, to 6.6 million borrowers. And it's the Federal Reserve that's made it all possible.
Student-loan defaults surged in the first three months of 2013 and efforts to collect are faltering as the system buckles under the massive load of debt.
Banks in Cyprus will be closed until at least Tuesday, reports CNBC's Michelle Caruso-Cabrera; and Cyprus International Institute of Management Association George Theocharides, weighs in.
The EU says Cyprus must put forth an alternative rescue plan, reports CNBC's Michelle Caruso-Cabrera. Meanwhile, CNBC's Steve Sedgwick reports on the enormous business activities in Cyprus, and what they want out of the bailout.
The Cypriot government is working on a proposal to avoid bankruptcy, reports CNBC's Michelle Caruso-Cabrera. Meanwhile, the country's finance minister is in Russia to discuss a loan extension. CNBC's Steve Sedgwick has that story.
Renaud Laplanche, Founder & CEO of LendingClub.com, explains how his online company is able to provide personal loans to borrowers while returning an average of ten percent to investors.
Fannie Mae says it is now buying more home purchase loans with between 3 and 10 percent down, reports CNBC's Diana Olick. Fred Glick, US Loans Mortgage president and Anthony Sanders, Gorge Mason University, discuss.
It appears banks and mortgage lenders are loosening up the purse strings, reports CNBC's Diana Olick.
CNBC's Diana Olick reports banks and lenders are loosening up the purse strings. There's been a "noticeable increase" in the purchase of fixed-rate low down payment loans, some with as little as 3-5% down, but they may require mortgage insurance.
CNBC's Diana Olick reports the latest numbers on housing.
Mark Okada, Highland Capital, explains how a reduction in the Fed's bond-buying program could produce a flight to junk bonds among investors.
Jed Kolko, Trulia chief economist, discusses real estate trends and whether the encouraging housing data is fundamentally real or investor driven.
Stuart Boesky, President & CEO of Pembrook Capital Management, explains how his fund is able to bridge the gap between developers and banks that aren't lending money.
It's not a matter of lending out deposits.
Peer-to-peer lender Prosper hopes to attract more investors, seeking yield. But is the emerging lending platform too risky?
Hundreds of emails allegedly show JPMorgan hiding bad loans, reports CNBC's Scott Cohn. The Belgian bank Dexia is suing JPMorgan.
Ocwen Financial is a servicer of high-risk mortgages. Henry Coffey, Sterne Agee senior research analyst, explains why he believes in this stock.