US bank deposits, loans ticked down in latest week -Fed data
(Reuters) – Deposits at all U.S. commercial banks dropped in the second week of April, though at smaller banks deposits held steady in a sign of stabilization in the financial…
(Reuters) – Deposits at all U.S. commercial banks dropped in the second week of April, though at smaller banks deposits held steady in a sign of stabilization in the financial…
SHANGHAI (Reuters) – China’s central bank is expected to inject more liquidity when rolling over maturing medium-term policy loans for a fifth straight month on Monday, while keeping the interest…
By David Lawder WASHINGTON (Reuters) – International Monetary Fund (IMF) Managing Director Kristalina Georgieva said on Monday that 44 countries have expressed interest in borrowing from its $40 billion Resilience…
(Reuters) – Bank loans to companies in Italy declined sharply between November and February as demand weakened and interest rates rose, the Bank of Italy said on Friday. In the…
BEIJING (Reuters) – China’s new yuan loans are expected to rebound in March from a sharp drop in February, a Reuters poll showed, as the central bank keeps policy accommodative…
BOAO, China (Reuters) – China’s outstanding green loans currently exceed 22 trillion yuan ($3.2 trillion), accounting for about 10% of the country’s total loan balance, People’s Bank of China Governor…
BALTIMORE, MARYLAND – On Friday, Baltimore man Alexander Barabash, 52, pleaded guilty to wire fraud in relation to submitting fraudulent Coronavirus Aid, Relief, and Economic Security (CARES) Act loan applications.…
(Reuters) – First Citizens Bank & Trust Co will buy all of Silicon Valley Bank’s deposits and loans from the Federal Deposit Insurance Corporation (FDIC), the regulator said in a…
By Saeed Azhar and Matt Tracy NEW YORK (Reuters) – Small U.S. lenders that have outsized exposure to office loans could become the next group to face strains after bank…
NEWARK, NJ – Rocco A. Malanga, a 39-year-old businessman from Warren County, New Jersey, has been sentenced on Wednesday to 36 months in prison for fraudulently obtaining nearly $1.8 million…
LONDON (Reuters) – HSBC’s top bosses have called on employees at the rescued British arm of failed U.S. lender Silicon Valley Bank to assure clients “their deposits are safe and…
SHANGHAI (Reuters) – China’s central bank ramped up liquidity injections when rolling over maturing medium-term policy loans for a fourth month in a row on Wednesday, while keeping the interest…
(Reuters) – Adani Group said it had completed full prepayment of margin-linked share-backed financing worth $2.15 billion as part of its debt prepayment plan, before its deadline of March 31.…
Michigan’s Largest Teachers Union To Pay Up After Taking Millions In Federal Loans They Weren’t Eligible For Reagan Reese on March 7, 2023 Michigan’s largest teachers union and its health…
TRENTON, NJ – New Jersey Governor Phil Murphy has announced $5 million in state funding that will allow family planning centers and abortion clinics interest-free loans of up to $100,000…
BANGKOK (Reuters) – Thai banks’ non-performing loans stood at 2.73% of total lending at the end of December 2022, down from 2.77% at the end of September, helped by debt…
Damian Williams, the United States Attorney for the Southern District of New York, announced that AMOS MUNDENDI, a/k/a “Mos,” a/k/a “El Ashile Mundi,” was sentenced today in Manhattan federal court…
By Judy Hua and Kevin Yao BEIJING (Reuters) -New bank loans in China jumped more than expected to a record 4.9 trillion yuan ($720.21 billion) in January as the central…
BEIJING (Reuters) – Yuan loans extended by Chinese banks likely surged to a record high in January as the central bank moved to shore up growth in the world’s second-biggest…
By Saeed Azhar NEW YORK (Reuters) – U.S. lender Citizens Financial Group cut back on auto lending last year and plans to further reduce its exposure to the segment as…
By Saeed Azhar NEW YORK (Reuters) – U.S. lender Citizens Financial Group cut back on auto lending last year and plans to further reduce its exposure to the segment as…
PROVIDENCE, R.I. – An East Providence man who submitted eight fraudulent loan applications seeking more than $375,000 in COVID-19 relief business loans guaranteed by the federal Small Business Administration has…
By Judy Hua and Kevin Yao BEIJING (Reuters) -New bank lending in China unexpectedly rose in December from the previous month, central bank data showed on Tuesday, with 2022 setting…
SAVANNAH, GA: A U.S. Army soldier stationed at Fort Stewart has been sentenced to federal prison for leading a prolific fraud scheme in which she and others illegally raked in…
Baltimore, Maryland – A federal criminal complaint has been filed charging Tomeka Glenn, age 46, and Kevin Davis, age 42, both of Windsor Mill, Maryland, for conspiracy to commit wire…