Leaders of the world’s richest nations will promise today to provide loans and cash to shore up the economies of the so-called Arab Spring countries, where people have risen up against authoritarian leaders, but they might stop short of accepting the sweeping “Middle East Marshall Plan” which some had called for. View full post on [...]
Under pressure to reduce its holding of troubled loans, Allied Irish Banks has struck a deal to sell a portfolio of roughly $1 billion in U.S. commercial mortgages to Blackstone Group and Wells Fargo. View full post on All Stories
Bloomberg News reported . Repaying the debt would allow Fiat, which now owns 30 percent of Chrysler, to exercise an option to purchase an additional 16 percent stake, according to Bloomberg. Fiat … View full post on All Stories
Upgrades may include air and duct sealing, insulation, heating and air conditioning. View full post on All Stories
Consumer credit advances fell by 7 per cent during March as people remained cautious about taking on more debt, new figures have revealed. Related Stories Bank of England downgrades growth figures Retailers ‘face declining growth’ Financial services complaints soar £2.5bn loans fund for small firms Bank accused over lending targets View full post on All [...]
JAKARTA (IFT) – PT Bank Victoria Tbk (BVIC) will establish a special Small and Medium Enterprises (SMEs) Division that focuses on distributing loans for the segment. View full post on All Stories
BELARUS yesterday agreed to terms with Russia on receiving $3 billion in loans over the next three years to help with its deepening currency devaluation and other financial cr View full post on All Stories
Reuters – American Home Mortgage Servicing, one of the largest servicers of subprime mortgages, is urging the U.S. Treasury to organize a plan to boost principal reductions for up to one million homeowners by unlocking loans from securities. View full post on All Stories
Frustration over Vietnamese state-run shipbuilder Vinashin’s failure to repay loans it defaulted on last year is intensifying among creditors, potentially jeopardizing Vietnam’s plans to draw more investment to improve its infrastructure. View full post on All Stories
EUROPEAN finance ministers are to meet in Brussels on Monday to discuss further support, including new loans, to Greece, which is struggling under a crippling debt burden. View full post on All Stories
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