OCBC Bank's Vasu Menon says the appointment of Urjit Patel as Reserve Bank of India governor isn't a reason to buy into India's markets.
CNBC's Rick Santelli and Daniel Pianko, University Ventures, discuss the student loan debt conundrum.
The company's shares were up 5.3 percent at $31.58 in premarket trading. Valeant, whose long-term debt stood at about $31 billion as of June 30, had asked lenders in March to amend its credit agreement to give it more time to file its financials. Congress and several U.S. government agencies also opened investigations and the company restated earnings earlier...
China has a "significant problem" from its gigantic debt load, and its reform options may worsen it, said the ex-chief of the IMF's China division.
Analysts at the firm say the country has made progress in recognizing and dealing with its debt problems.
The murky balance sheets of China's banks have long spurred fears of an impending crisis, but the clean-up may already be proceeding apace, UBS said.
Want some extra income in retirement? A reverse mortgage is one way to achieve that goal, but using one can open your estate up to serious risk. Sharon Epperson explains how to decide if this type of loan is right for you.
CNBC's Steve Liesman looks into the New York Fed household debt report.
Shanxi has moved to ease rising pressure on its largest coal miners by extending the maturity on up to $60 billion in loans, the FT reports.
Bendigo & Adelaide Bank MD Mike Hirst says the bank has been investing heavily in customer systems and risk frameworks in order to get advanced accreditation.
Recession risks are rising globally with high gold prices a sign that investors are worried, says Taurus Wealth Advisors' ED, Michael Preiss.
A lack of demand for loans and weak capital at banks are among the main reasons why former MPC member Adam Posen doesn't think it will work.
SAN FRANCISCO, Aug 4- Solar Mosaic Inc, the top provider of loans for home solar installations in the U.S., said on Thursday it had raised $220 million in fresh funding to continue growing the rooftop solar loan market. Oakland, California- based Mosaic, founded in 2010, provides financing to homeowners to purchase rooftop solar systems, connecting them with solar...
SQUARE ADDED FIVE NEW INVESTORS INTO BUSINESS LOAN PROGRAM, WHICH HAS 90 PERCENT RENEWAL RATE- SQUARE CFO.
C H Venkatachalam of the All India Bank Employees' Association explains why the union opposes reform measures in the banking sector.
Italy's Finance Minister Pier Carlo Padoan says there's only one Italian bank that is facing challenges, which can be resolved through market solutions.
John Shrewsberry, Wells Fargo CFO, sits down on the "Closing Bell."
Vining Sparks' Marty Mosby says JPMorgan's strong Q2 earnings suggest an acceleration of consumer growth and are a good sign for the rest of U.S. banks.
JPMorgan has used its excess deposits to increase its loan portfolio, which will drive net interest margins up, says Rafferty Capital's Richard Bove.
JPMorgan saw strong loan growth across the consumer segment as well as commercial real estate lending, says Guggenheim Securities' Eric Wasserstrom.