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13 May 2011 ~ Comments Off

Fukushima Daiichi: Japan asks banks to help Tepco with loans

Fukushima Daiichi: the massive loan burden for Tokyo Electric Power Co and it’s creditor after the Fukushima Daiichi disaster exceeded $23.4 billion. The Japanese government is asking other banks to help ease the burden despite risk in return. View full post on All Stories

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12 May 2011 ~ Comments Off

Brazilian banks learning to live with bad loans

By Rogerio Jelmayer SAO PAULO (MarketWatch) — Rising inflation and continued robust growth in credit availability have prompted an increase in short-term nonperforming loans among Brazilian banks, but bankers say they can learn to live with the problem. View full post on All Stories

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12 May 2011 ~ Comments Off

Liabilities exceed assets for fund making hard-money loans

Desert Capital Real Estate Investment Trust, a Henderson-based fund that makes hard-money loans, reported Wednesday that its total amount of liabilities were more than double its assets in the first quarter ended March 31. View full post on All Stories

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11 May 2011 ~ Comments Off

Economy cools, limiting room for further policy tightening…

China’s inflation eased in April to 5.3% and other data, including industrial output and loans, suggested slower activity in the world’s second-biggest economy and less room for further aggressive moves to tighten monetary policy. View full post on All Stories

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11 May 2011 ~ Comments Off

China’s economy cools, limiting need for tighter policy

China’s inflation eased in April to 5.3 percent and other data, including for industrial output and loans, suggested the world’s second-biggest economy may be cooling and there was less need for further aggressive monetary tightening. View full post on All Stories

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10 May 2011 ~ Comments Off

Nashville technology center discontinues student loans

The Tennessee Technology Center at Nashville is out of the student loan business. View full post on All Stories

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10 May 2011 ~ Comments Off

Extra uni places for richest ‘will entrench privilege’

Critics say proposal to let rich students pay premium fees to get places at top universities risks turning clock back to time when breeding mattered more than brains Ministers have been warned they risk turning the clock back to a time when “breeding not brains” mattered after ministers outlined proposals to allow teenagers from the [...]

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10 May 2011 ~ Comments Off

Complaints filed against online lender in Oregon

PORTLAND — Bryan Hitchcock is furious after he discovered an online lender took nearly $100 out of his bank account without loaning him a dime. “I was in a little bit of shock, said Hitchcock, ” here I basically had money stolen from me when I was in need of money so now I’m in [...]

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09 May 2011 ~ Comments Off

We’re providing interest-free loans to feds

More than half of Canadians are paying too much tax, effectively providing the government with a interest-free loan instead of investing the money themselves, according to a new report by CIBC. View full post on All Stories

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09 May 2011 ~ Comments Off

Grumbling herd complains about cross-selling

Merrill brokers say pressure mounting to promote BofA cards, loans, mortgages Whether Merrill Lynch brokers and Bank of America bankers can live happily ever after – and produce greater profits as a result of their marriage – is being put to the test View full post on All Stories

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