CNBC's Melissa Lee is live from eMerge with David Zalik, co-founder and CEO of Greensky, whose company also appears on CNBC's Disruptor 50 list.
SAO PAULO, June 9- Brazilian mining firm Vale SA said on Friday it had lined up a five-year $2 billion revolving credit facility, replacing a five-year $2 billion line agreed in 2013..
John Raymond, senior analyst for European banks at Creditsights, speaks about the rationale behind Santander's move to rescue fellow Spanish bank Banco Popular.
CNBC's Annette Weisbach reports on the potential for the European Central Bank to rescue ailing lenders in Italy, following Spanish bank Santander's acquisition of Banco Popular.
Rick Rieder, global chief investment officer of fixed income at BlackRock, weighs in on students loans, consumer debt and the economy.
CNBC's Phil LeBeau reports the latest on the big drop in the number of subprime loans being written and if it could hurt car sales.
CNBC's Phil LeBeau has the details of a new report showing lenders are beginning to realize too much subprime lending is not good.
Peter Thal Larsen, global economics editor at Reuters Breakingviews, speaks about Santander's move to buy Banco Popular.
Gianluca Corradi, head of U.K. banking practice at Simon-Kucher & Partners, updates on the troubles faced by Italy's banking sector.
Dick Bove, bank analyst for Rafferty Capital, discusses his caution on investing in the dip in financials.
Hong Kong's overnight yuan borrowing rate jumped to the highest point in nearly five months.
Christopher Gray, Scholly co-founder and CEO, discusses how the company's simple search platform is helping students find the funds to achieve their education dreams.
The world’s banks have become safer since the crisis, but economic risks have spread elsewhere, said former RBI governor Raghuram Rajan.
TORONTO, May 23- Canada's biggest non-bank lender Home Capital said on Tuesday that it had drawn down an additional C $250 million from a high interest credit line to meet a repayment on its debt due on Wednesday. Home Capital said in a statement that it had now drawn down C $1.65 billion from a C $2 billion facility it agreed last month with the Healthcare of Ontario...
Billionaire Carl Icahn reportedly received money from a charity he started, according to the Wall Street Journal.
Icahn's loan from the Foundation for a Greater Opportunity hit $118.7 million.
SINGAPORE/ HONG KONG, May 18- Singapore- listed Noble Group faces a major challenge over the next few weeks as it negotiates a rollover of credit facilities against the backdrop of a shock quarterly loss that pummeled market confidence in the commodity trader. A $2 billion credit facility, secured on its inventories and working capital, is due to be rolled over by...
SINGAPORE/ HONG KONG, May 18- Singapore- listed Noble Group faces a key financing test over the next few weeks as it negotiates a rollover of credit facilities against the backdrop of a surprise quarterly loss that pummelled market confidence in the commodity trader. A $2 billion credit facility, secured on its inventories and working capital, is due to be rolled...
The New York Federal Reserve reports that household debt across the nation has surpassed the peak debt level of 2008 at $12.7 trillion.
NEW DELHI, May 17- Indian banks' struggles with bad loans over the past three years have opened an opportunity to ramp up lending for so-called non-banking financial companies, which are not as strictly regulated as banks. Backed by Deutsche Bank's former co-CEO Anshu Jain, it lends to individuals and small- and medium-sized enterprises including start-ups.