HARRISBURG, Pa. — Over 1,300 Pennsylvania consumers who borrowed money through SoLo Funds, Inc., an online peer-to-peer lending platform, have received restitution payments following a … Read more
NEWARK, NJ – Christopher J. Gallo, 44, of Old Tappan, New Jersey, and Mehmet A. Elmas, 32, a U.S. citizen residing in Turkey, have been … Read more
LONDON (Reuters) – The European Union’s lending arm, the European Investment Bank (EIB) has signed a pledge to speed up the use of over 560 … Read more
FRANKFURT (Reuters) – The European Central Bank said on Monday it would lower the bar for lending to central banks from outside the European Union … Read more
By Gergely Szakacs and Anita Komuves BUDAPEST (Reuters) – Hungary’s central bank on Thursday criticised a government proposal to replace interbank rates with Treasury bill … Read more
(Reuters) – Shares of Morgan Stanley Direct Lending Fund (MSDL) dipped 1% in their market debut on Wednesday, as investor appetite for new issues continues … Read more
(Reuters) – Morgan Stanley Direct Lending Fund said on Tuesday it had raised $103.35 million in its initial public offering. The fund chiefly invests in … Read more
SHANGHAI/SINGAPORE (Reuters) – China is widely expected to leave lending benchmark rates unchanged at a monthly fixing on Monday, a Reuters survey showed, after the … Read more
(Reuters) – Citigroup launched a private lending vehicle in partnership with alternative investment manager LuminArx Capital on Thursday, looking to expand its footprint in a … Read more
By Michael S. Derby NEW YORK (Reuters) – The traditional turbulence of money markets at year’s end could pose a first test for a new … Read more
SHANGHAI/SINGAPORE (Reuters) – China stood pat on benchmark lending rates at the monthly fixing on Wednesday, matching market expectations, after the central bank kept its … Read more
FRANKFURT (Reuters) – Euro zone banks talking the most about climate change are the biggest lenders to polluting industries and use public relations noise to … Read more
By Jaspreet Kalra MUMBAI (Reuters) – India’s central bank has told peer-to-peer lending platforms to halt certain activities after inspections found rule violations and misleading … Read more
BANGOR, Maine: A Brewer woman was sentenced today in U.S. District Court in Bangor for wire fraud and making false statements to a mortgage lending … Read more
By Medha Singh, Chibuike Oguh and Hannah Lang (Reuters) -Shares of “buy now, pay later” provider Affirm Holdings extended a rally on Tuesday following a … Read more
FRANKFURT (Reuters) -Bank lending to businesses across the euro zone fell for the first time since 2015 last month, data from the European Central Bank … Read more
SHANGHAI/SINGAPORE (Reuters) – China left benchmark lending rates unchanged at a monthly fixing on Monday, matching expectations, as a weaker yuan continued to limit further … Read more
SHANGHAI/SINGAPORE (Reuters) – China is widely expected to leave lending benchmark rates unchanged at a monthly fixing on Monday, after the central bank kept medium-term … Read more
(Reuters) – Blackstone is in the final stages of raising about $400 million for its Blackstone Private Credit Fund (BCRED) to secure additional investment advantage, … Read more
By David Lawder WASHINGTON (Reuters) -The International Monetary Fund said on Tuesday its executive board approved a proposal for a 50% increase in quota resources … Read more
(Reuters) – National Australia Bank Ltd said on Wednesday it has set a new target to more than double its lending to indigenous businesses and … Read more
(Reuters) – The Federal Reserve will meet Oct. 24 to discuss final rules updating requirements for fair lending by banks under a long-standing law, the … Read more
ROCHESTER, N.Y. – U.S. Attorney Trini E. Ross announced today that Paul Paredes, 52, of Rochester, NY, was arrested and charged by criminal complaint with … Read more
MARRAKECH, Morocco (Reuters) – The World Bank on Friday said it is bolstering collaboration with nine multilateral development banks (MDBs) to accelerate its vision of … Read more
BEIJING (Reuters) – China’s new bank loans came in softer than expected in September, figures from the central bank showed on Friday, even as it … Read more
By Andrea Shalal MARRAKECH, Morocco (Reuters) – Senior executives at multilateral development banks will meet on Wednesday with the top credit ratings agencies, bank executives … Read more
BUDAPEST (Reuters) – Hungary’s government has raised the 2023 budget deficit target to 5.2% of economic output from 3.9%, the finance ministry said on Tuesday, … Read more
By David Lawder (Reuters) – The Asian Development Bank (ADB) unveiled new capital reforms on Friday that will unlock $100 billion in new financing capacity … Read more
(Reuters) – Alternative investment firm Varde Partners has raised nearly $1.5 billion from institutional investors for asset-based lending through its Varde Asset Lending Fund II … Read more
By Rodrigo Campos NEW YORK (Reuters) – The head of the European Investment Bank (EIB) has warned his soon-to-be-announced successor that bowing to pressure from … Read more
By Michael S. Derby NEW YORK (Reuters) – Almost half a year after Silicon Valley Bank went belly up and nearly set off a national … Read more
BEIJING (Reuters) -An official at China’s central bank urged banks to step up lending to private companies during a meeting on Wednesday with financial regulators, … Read more
BERLIN (Reuters) – Growth in lending to euro zone companies slowed again in July, adding to already mounting evidence that sharply higher interest rates are … Read more
By Ann Saphir (Reuters) – Months after a string of bank failures sent shockwaves through the global banking industry, U.S. banks are still heavily using … Read more
NEW YORK (Reuters) – JPMorgan CEO Jamie Dimon said on Wednesday bank regulators risk making mortgages and small-business loans less affordable with the capital raises … Read more
By Nivedita Balu and Jaiveer Shekhawat (Reuters) -National Bank of Canada said on Tuesday it has agreed to buy collapsed U.S. regional lender Silicon Valley … Read more
By Lewis Jackson SYDNEY (Reuters) – Foreign bank lending to Australian office real estate hit a record high in the first quarter as overseas lenders … Read more
SEOUL (Reuters) – South Korea’s central bank said on Thursday its monetary policy board decided to reform its standing lending facility, a monetary policy tool … Read more
FRANKFURT (Reuters) – Lending to euro zone companies slowed again last month, adding to already mounting evidence that sharply higher interest rates are putting a … Read more
SHANGHAI/SINGAPORE (Reuters) -China left its lending benchmarks unchanged on Thursday, after the central bank stood pat on a key policy rate earlier this week even … Read more
By Safiyah Riddle (Reuters) – U.S. small businesses are paying the most for loans in 16 years as borrowing costs have skyrocketed under the Federal … Read more
NEW YORK (Reuters) – Federal Reserve lending to banks ebbed in the latest week, central bank data released Thursday said. Lending via the central bank’s … Read more
(Reuters) – Federal Reserve lending to banks shrunk modestly in the latest week, central bank data released Thursday showed. The Fed lent banks $3.2 billion … Read more
(Reuters) -Euro zone bank lending slowed in May as a record series of European Central Bank rate hikes work their way through the financial sector, … Read more
FRANKFURT (Reuters) – High interest rates will keep a lid on the pace of bank lending in Europe this year and next, with a particular … Read more
SHANGHAI/SINGAPORE (Reuters) – China is widely expected to cut key lending benchmarks on Tuesday in the first such easing in 10 months, a Reuters survey … Read more
By Melanie Burton MELBOURNE (Reuters) – Australian lender ANZ Group is looking at opportunities to invest more in the critical minerals sector as part of … Read more
(Reuters) – Federal Reserve emergency lending to banks edged down in the latest week, driven by a decline in “other credit” to government wind-downs of … Read more
By John Kemp LONDON (Reuters) – U.S. domestic banks reported a widespread tightening of lending standards by the end of the first quarter of 2023 … Read more
FRANKFURT (Reuters) – Euro zone bank lending slowed again in April, supporting the case for careful interest rate hikes in the months ahead as weak … Read more