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...
Gildas Surry, partner at Axiom Alternative Investments, speaks about the European banking environment.
*Says in talks with bankers over credit facility due May 2018. SINGAPORE, June 20- Noble Group Ltd on Tuesday confirmed it had extended a key debt deadline and was in "constructive" talks with potential investors, but the crisis-hit trader also pushed back payment of the coupon on a closely watched bond. The decision to defer payment of the coupon on its $400 million...
*Creditors agree to push back key deadline by 4 mths- source. SINGAPORE, June 19- Shares in Singapore- listed commodity trader Noble Group had some respite on Monday, climbing 9 percent after a source familiar with the matter said its creditors have agreed to push back a key repayment deadline by four months. Battered by concerns over its financial strength in...
Eurozone finance ministers and the Greek government have reached a deal over the country's debt.
The bank denies allegations in lawsuits that it changed the loan terms of customers in bankruptcy without their knowledge, putting them at risk of default.
Gianluca Corradi, head of U.K. banking practice at Simon-Kucher & Partners, discusses news that Italian banks Banca Popolare di Vicenza and Veneto Banca will be saved without a bail-in.