Loan

MILAN -Italy’s Banco BPM posted a higher-than-expected first-quarter net profit on Thursday, helped by a combination of higher revenues and lower loan writedowns. Banco BPM, which is Italy’s third-largest bank, …

Three Northeastern Iowa family members were sentenced recently in federal court for their respective roles in crop loan and bankruptcy fraud schemes. Aimee Lynn Rosenbaum, formerly known as Aimee Lynn …

STOCKHOLM – Swedish banking group Swedbank on Thursday reported slightly better-than-expected net profit for the quarter but said a potential interruption of Russian gas deliveries to Europe would have an …

WASHINGTON – The International Monetary Fund said on Monday that its staff reached an agreement with Kenyan authorities on policies to complete the third review of Kenya’s loan program, clearing …

Damian Williams, the United States Attorney for the Southern District of New York, announced today that MUGE MA, a/k/a “Hummer Mars,” was sentenced to 52 months in prison in connection …

CAPE MAY, N.J., April 20, 2022 — Los Angeles based GreenLake Asset Management LLC (“GreenLake”) has funded a $39,500,000 acquisition loan for a beachfront hotel in Cape May, NJ, and …

Biden Admin Announces Massive Expansion Of Student Loan Forgiveness Harry Wilmerding on April 19, 2022 The Biden administration announced Tuesday it will implement a student loan rule change that it …

Damian Williams, United States Attorney for the Southern District of New York, and Michael J. Driscoll, Assistant Director-in-Charge of the New York Office of the Federal Bureau of Investigation (FBI), …

          LOS ANGELES – A Riverside County man who purported to own a pothole-repair company was found guilty by a federal jury today of fraud charges for using hundreds of …

GREAT FALLS — A Cascade woman suspected of fraudulently obtaining federal student financial aid by using the names of other individuals to enroll at the Great Falls College and then …

BILLINGS  — A Shepherd man who owns the Feedlot Steakhouse in Shepherd was sentenced today to three years of probation, ordered to pay restitution and forfeited vintage vehicles he admitted …

BERLIN – Germany’s flag carrier Lufthansa said on Friday it had signed a revolving credit facility of 2.0 billion euros ($2.17 billion) with a syndicate of international relationship banks to …

Biden Admin Extends Student Loan Moratorium Yet Again Kendall Tietz on April 6, 2022 President Joe Biden’s administration announced an extension of the student loan moratorium through August on Wednesday. …

WASHINGTON – U.S. President Joe Biden said on Wednesday his administration was extending a pause on student loan repayments through Aug. 31 of this year, giving borrowers additional financial support …

REPORT: Biden Expected To Extend Moratorium On Student Loan Payments Harry Wilmerding on April 5, 2022 President Joe Biden is expected to pause student loan payments through Aug. 31, once …

ATHENS – Credit servicer doValue Greece, a subsidiary of Italy’s biggest debt recovery firm doValue, said on Tuesday it was awarded a new loan servicing mandate for a 500 million …

MINNEAPOLIS – A Slayton, Minnesota, man was sentenced to 12 months in prison, three years of supervised release, and $435,517.78 in restitution for converting collateral that secured loans from the …

WASHINGTON – The International Monetary Fund will initiate discussions with Sri Lankan authorities on a possible loan program in coming days, IMF spokesperson Gerry Rice said on Thursday, as the …

Leonard C Boyle, United States Attorney for the District of Connecticut, and David Sundberg, Special Agent in Charge of the New Haven Division of the Federal Bureau of Investigation, today …

Richland, Washington – Vanessa R. Waldref, the United States Attorney for the Eastern District of Washington, announced today that HPM Corporation (HPMC) and its owners have agreed to pay $2,939,400 …

By Uditha Jayasinghe and Devjyot Ghoshal COLOMBO/NEW DELHI – Sri Lanka will seek World Bank assistance to stave off a severe economic crisis in addition to an International Monetary Fund …

Earlier today, in federal court in Central Islip, Konstantinos Zarkadas, a Glen Cove-based medical doctor, was sentenced by United States District Judge Gary R. Brown to 51 months’ imprisonment for …

MACON, Ga. – A former loan officer convicted of defrauding two agriculture-based financial institutions was sentenced to prison for his crime. William Spigener, III, 33, of Columbus, was sentenced to serve …

NEWARK, N.J. – A Middlesex County, New Jersey, man today admitted his role in a scheme to defraud lenders and the Small Business Administration (SBA) by fraudulently obtaining approximately $1.6 …

JERUSALEM – Cash strapped Israeli airline El Al said on Tuesday it signed a non-binding deal for a $130 million loan from insurer Phoenix Group. Israel’s flag carrier will pay …