It said a failure to raise capital may prompt its auditor to issue a "going concern" warning, which would constitute an event of default under a senior credit facility where it had $266.8 million outstanding as of Dec. 27. Fairway lost $9.7 million in the quarter ended on Dec. 27, as net sales fell 7 percent to $191.7 million. In Monday trading, Fairway shares fell 4.5...» Read More
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.
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.
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.
Under pressure to cut a $49 billion bad-debt mountain, India's state-owned banks are reversing years of lax recovery efforts with creative collection tactics.
CNBC's Diana Olick reports interest only mortgages are back and different than before but could open the door to riskier loan products again.
CNBC's Diana Olick the interest-only comeback, requirements to get a loan, and how it plays into the real estate market.
China's market selloff may have decked traders but one group is benefitting: the country's home-grown online finance companies.
John Calverley, Head, Global Thematic Research at Standard Chartered, warns of looming trouble in Greek politics.
Amazon is planning to expand its business loan program to China and seven other countries.
Goldman Sachs is planning to offer consumer loans through a website or app. Insight, with Jeff Harte, Sandler O'Neill.
Eric Wasserstrom, Guggenheim Securities, weighs in on Goldman Sachs online lending service for consumers and small businesses.
Goldman Sachs hopes to be ready to make its first online loans by next year, with J.B. Pritzker, Pritzker Group.