BB&T Chairman & CEO Kelly King discusses the difficulty surrounding banks' abilities to issue mortgages and loans to consumers.
The 30-year fixed-rate mortgage is the most common way Americans attain homeownership. But don't assume it's your best bet.
VTB Bank Chairman Andrey Kostin discusses the profitability of the Russian banking sector.
Anne Finucane, Bank of America, and Gary White, Water.org CEO and co-founder, talk about the organization's goal to provide smart solutions to the world's water crisis by providing small loans.
TOKYO, July 12- Crisis-hit Toshiba Corp has regained access to a crucial $6 billion credit line after stumping up shares in its chip unit as collateral but its lenders have imposed tough conditions, banking sources with direct knowledge of the matter said. Hit by massive cost overruns at its now bankrupt U.S. nuclear unit, Toshiba needs billions of dollars in...
Croatian National Bank Governor Boris Vujčić speaks about Croatia's capacity to join the euro zone.
A new lawsuit is challenging the Education Department's move to freeze new rules for erasing federal loan debt, N.Y. Times reports.
USA Today reports that student loan changes are being discussed in Washington D.C.
Founders at InsideSales and Pluralsight, start-ups valued at more than $1 billion, discuss when and why to seek loans and venture investors.
CNBC's Diana Olick reports on the upcoming changes to mortgage underwriting that could help more people get loans.
CNBC's Eunice Yoon reports on Pandai, a peer-to-peer lending company helping farmers in China.
Class CNBC's Claudia Pensotti discusses the EU and the Italian government's move to rescue Monte Dei Paschi.
Gildas Surry, senior analyst at Axiom Alternative Investments, weighs in on the EU and the Italian government's decision to bailout ailing BMPS.
SAO PAULO, July 3- Financial technology firms in Brazil are targeting lending to small- and mid-sized companies to fill a gap in the credit market left by large lenders deterred by rising delinquencies and narrow margins. Fintech firms in Brazil have been growing fast in sectors such as consumer lending and credit cards, seeking to undercut some of the highest...
CNBC's Gemma Acton reports from Westminster Magistrates Court as senior Barclays bankers begin their trial over fundraising from Qatar during the 2008 financial crisis.
Quicken Loans Chairman and Cleveland Cavaliers Owner Dan Gilbert sits down with Deirdre Bosa to discuss jobs, Trump’s economic policies and much more.
Dick Bove, vice president of equity research at Rafferty Capital Markets, says that companies in the credit card business are among those with the biggest risks.
Berkshire Hathaway Inc's commitment of a C $2 billion credit facility to Home Capital Group Inc, Canada's largest nonbank lender, marks the billionaire's latest effort to shore up a company in dire need of cash. "It's a traditional, opportunistic Berkshire transaction," said Cathy Seifert, a CFRA Research equity analyst, in an interview. "Today's announcement is a...
Home Capital said Berkshire Hathaway will provide a new C$2 billion ($1.5 billion) line of credit to its unit Home Trust Co., ending the Canadian lender's strategic review process.
*Expects net cash proceeds of C $1.16 billion. June 20- Canadian lender Home Capital Group Inc said on Tuesday it would sell a portfolio of commercial mortgage assets valued at C $1.2 billion to private equity firm KingSett Capital. The expensive bridge financing of C $2 billion provided by HOOPP came with an effective interest rate of 22.5 percent on the first C...