NEWARK, NJ – The Newark Police Department has issued an arrest warrant for 31-year-old Christopher Augustine in connection with a credit card theft that took place on July 12, 2023.…
FRESNO, Calif. — Miguel Leyva, 36, of Wasco, pleaded guilty today to conspiracy to commit bank fraud and aggravated identity theft charges for his role in a long-running credit card…
Today, a federal jury in Brooklyn convicted Anthony Romanello, also known as “Rom,” of extortionate collection of credit and conspiracy to commit the same in connection with a gambling debt,…
SINGAPORE (Reuters) – Ratings agency S&P Global Ratings said on Wednesday there have been no changes in its ratings on China, a day after its peer Moody’s downgraded its outlook…
NEW YORK (Reuters) – Credit Suisse has reinstated an independent reviewer to oversee an investigation into the servicing of Nazi clients and Nazi-linked accounts, according to U.S. lawmakers who have…
By Mayela Armas CARACAS (Reuters) – Some retailers in Venezuela are turning to old-fashioned layaway purchase offers to help customers buy everything from home appliances to shoes and motorcycles, as…
PARIS (Reuters) – Shares in Worldline surged almost 12% on Friday after a media report said Credit Agricole was considering acquiring a stake in the French payment processing company. The…
By Anisha Sircar (Reuters) – Global asset manager Invesco expects better returns from Asian credit markets in 2024 compared with the last two years as bets rise that the U.S.…
By Matt Tracy and Davide Barbuscia (Reuters) – U.S. bond giant Pacific Investment Management Company (PIMCO) said on Monday it expects the next few years to provide the best opportunities…
By Carolina Mandl NEW YORK (Reuters) – New York-based Avenue Capital Group plans early next year to launch a new fund to invest in so-called environmental impact private credit investments,…
By Nell Mackenzie and Akanksha Khushi LONDON (Reuters) -A key bond of CPI Property Group fell by the most on record on Tuesday after short-selling hedge fund Muddy Waters said…
By Michael S. Derby NEW YORK (Reuters) – Demand for new credit in the U.S. over the last year has declined and will likely stay soft in the future, according…
FRANKFURT (Reuters) – Low valuations for euro zone bank stocks appear to reflect concerns about credit risk and shareholder payouts, likely weighing on future credit growth via stricter terms for…
FRANKFURT (Reuters) – The European Central Bank’s chief supervisor on Thursday supported creating global standards for convertible bonds that were wiped out as part of Credit Suisse’s rescue by rival…
(Reuters) – Blackstone is in the final stages of raising about $400 million for its Blackstone Private Credit Fund (BCRED) to secure additional investment advantage, the Financial Times reported on…
(Reuters) – Manulife Investment Management, the global wealth and asset management arm of Canada’s largest insurer Manulife Financial, said on Wednesday it will buy London-based alternative credit manager CQS. The…
COPENHAGEN (Reuters) – Moody’s said on Tuesday it had downgraded Swedish real estate company Fastpartner’s corporate family credit rating (CFR) to B1 from Ba3, and kept a negative outlook on…
By Steven Scheer JERUSALEM (Reuters) – Five weeks into Israel’s war with Palestinian militant group Hamas, Israelis are spending less but a recovery may have begun after a steep drop…
NEWARK, NJ – On Thursday, November 3, Newark Police were alerted to credit card skimmers at a local BP gas station. Station management found the devices during a routine inspection…
BETHLEHEM, PA – The Bethlehem Police Department is asking for public assistance to identify three women linked to a distraction theft at the Giant on Nazareth Pike. The suspects coordinated…
By Howard Schneider WASHINGTON (Reuters) – Banks tightened lending standards for U.S. businesses and households in the third quarter, but the pace of change appeared to ease, and demand for…
By Tatiana Bautzer NEW YORK (Reuters) – Ratings agency Moody’s is creating a unit to research and rate private credit, the firm said on Monday. The unit will be headed…
By Lewis Jackson and Rae Wee SYDNEY (Reuters) – Private credit lenders are increasing their footprint in parts of the Australian commercial property market, providing alternatives for borrowers as banks…
By John Revill BERN (Reuters) – Swiss National Bank (SNB) Chairman Thomas Jordan on Wednesday defended the central bank’s handling of the Credit Suisse crisis including handing out emergency cash…