Britain’s banking regulator is to investigate the failure of RBS after details of Sir Fred Goodwin’s private life were revealed. Related Stories Banks scrap PPI mis-selling fight Number of new mortgage deals rises Inflation leaps to 4.5% £2.5bn loans fund for small firms View full post on All Stories
The European Central Bank threatened on Thursday to stop lending to banks that would use Greek government bonds as collateral. The ECB would carry out the threat if Greece could successfully change the terms of its debts. The regional central bank is against the restructuring of the Greek debt because of fears it would bring [...]
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
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
The banks’ willingness to fight millions of borrowers who were wrongly sold insurance alongside their loans is crumbling View full post on All Stories
Mumbai, May 7 (PTI) Two banks including State Bank of Travancore (SBT) today raised lending rates by 50 basis points which will make auto, home and other loans from the lender costlier to existing as well as new borrowers. The revised base rate or the View full post on All Stories
The National Asset Management Agency has reported a loss of €714m for last year, after setting aside €1 billion to take account of a fall in the value of loans it has taken on from the banks. View full post on All Stories
Banks and housing finance companies offer pre-approved home loans even before the borrower decides on the property. While this sounds inviting, there may be some not-so-exciting features. Check out View full post on All Stories
The Federal Reserve pumped billions of dollars into numerous cash-short Utah financial institutions through an emergency loan program known as the discount window during the financial crisis that began in 2007, helping to prevent a credit collapse that View full post on All Stories
NEW YORK, NY–(Marketwire – Apr 21, 2011) – Major Banks have begun to post improved credit quality. More thorough and cautious credit checks have led to fewer delinquent loans and greater financial … View full post on All Stories
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