By Jorgelina do Rosario and Rachel Savage LONDON/JOHANNESBURG (Reuters) – The Export-Import Bank of China (EximBank) will lead Beijing’s team to renegotiate nearly $6 billion of loans that Zambia owes …
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(Reuters) – Banks that lent $12.7 billion to Elon Musk for his $44 billion Twitter takeover will hold the debt until early next year as they wait for the billionaire …
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By Lucy Craymer and Upasana Singh (Reuters) – The Reserve Bank of New Zealand said on Tuesday a preliminary analysis of its climate change stress test indicated that river and …
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By Lucy Craymer and Upasana Singh (Reuters) – The Reserve Bank of New Zealand said on Tuesday a preliminary analysis of its climate change stress test indicated that river and …
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Turkish central bank warns lenders against FX transactions during ‘off hours,’ other issues -letter
by ReutersANKARA (Reuters) – Turkey’s central bank sent a letter to local lenders on Monday, warning them against conducting forex transactions with foreign banks during “off hours” and offering deposits with …
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Turkish central bank warns lenders against FX transactions during ‘off hours,’ other issues -letter
by ReutersANKARA (Reuters) – Turkey’s central bank sent a letter to local lenders on Monday, warning them against conducting forex transactions with foreign banks during “off hours” and offering deposits with …
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By Dietrich Knauth (Reuters) – Movie theater chain Cineworld Group on Monday announced a bankruptcy settlement with its landlords and lenders, clearing the way for the company to borrow an …
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BEIJING (Reuters) – Three of China’s largest lenders posted third quarter profit rises of over 6% as non-performing loan ratios shrunk. Industrial and Commercial Bank of China Ltd (ICBC), the …
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By Isabel Woodford MEXICO CITY (Reuters) – Mexico’s biggest non-bank lenders may need to become licensed banks, analysts said, as they maneuver through growing market turmoil to avoid the fate …
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LONDON (Reuters) – A record 935 mortgage products were pulled in Britain overnight, financial services provider Moneyfacts said on Wednesday, as deepening turmoil in financial markets pushed more lenders to …
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By Andy Bruce LONDON (Reuters) -Turmoil in British financial markets forced mortgage lenders to temporarily withdraw and reprice products for new customers on Monday, a real-world consequence of the market …
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(Reuters) – Australia and New Zealand Banking Group joined National Australia Bank in raising its variable home loan interest rates on Friday, passing on the central bank’s 50 basis points …
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Former CEO Of Email Security Company Pleads Guilty To $50 Million Scheme To Defraud Investors And Lenders
by DOJ PressDamian Williams, the United States Attorney for the Southern District of New York, announced today that ROBERT BERNARDI, the founder, and former Chief Executive Officer of the Virginia-based email security …
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By Nupur Anand and Aditi Shah MUMBAI -Three Indian banks have internally categorised loans to SpiceJet Ltd as being at “high risk” though the airline has not defaulted, people with …
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JAKARTA – Indonesia has launched a crackdown on peer-to-peer (P2P) lenders through a new regulation and capital requirements, in a move that industry sources say should help clean up a …
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(Reuters) – Crypto lenders, which boomed during the COVID-19 pandemic, have run into difficulties recently due to a slump brought on by the downfall of a major token in May …
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(Reuters) – Australia’s major lenders raised their home loan variable interest rates on Wednesday by 50 basis points per annum, a day after the central bank surprised markets with its …
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By Elizabeth Dilts Marshall NEW YORK – More than half of the new employees banks and other financial services companies hired in 2021 are based in Orlando, Dallas and other …
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By Huw Jones LONDON – Banks have begun quietly trying to persuade the European Union to tone down proposals to toughen scrutiny of non-EU lenders to ensure the planned measures …
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BOSTON – The principal and co-founder of a mortgage short sale assistance company was sentenced yesterday in connection with defrauding mortgage lenders and investors out of nearly $500,000 in proceeds …
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Chief Financial Officer Of Connecticut Insurance Firm Sentenced In $33 Million Scheme To Steal Client Healthcare Funds And Defraud Multiple Lenders
by DOJ PressDamian Williams, the United States Attorney for the Southern District of New York, announced today that ERIN VERESPY was sentenced to 66 months in prison for her participation in a …
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Chicago Investment Manager Sentenced to 17 Years in Federal Prison for Swindling $10 Million From Clients and Lenders
by DOJ PressCHICAGO — A Chicago investment manager who swindled more than $10 million from clients and lenders has been sentenced to 17 years in federal prison. SHAWN BALDWIN owned and controlled …