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Rural loans, small biz see stress rising
Apart from India’s largest lender State Bank of India (SBI), non-bank lenders such as Bajaj Finance, ...
August 8, 2023, 5:44 pm
Ny fed: household debt rose 0.1% in q2
Credit card balances rose 4.6% to a record $1.03 trillionAuto loan balances rose $20 billion to $1.58 trillionMortgage balances largely unchanged at $...
August 8, 2023, 3:05 pm
S.africa’s nedbank warns of sticky bad loans, 2025 targets at risk
South Africa’s Nedbank Group, amongst the top five lenders in the country, warned on Tuesday that its...
August 8, 2023, 12:44 pm
Moody's downgrades credit ratings for 10 banks, puts six others on notice
Ratings agency Moody's cut the credit ratings of several small and midsized banks late Monday and warned other big lenders, citing profitability chall...
August 8, 2023, 11:55 am
Moody's cuts ratings at 10 us banks
US bank stocks declined after Moody's Investors Service lowered its ratings for 10 small and midsize lenders <...
August 8, 2023, 11:43 am
Moody's credit downgrade dings 2 bank stocks
Bank stocks are under fire today, after Moody's downgraded 10 regional lenders....
August 8, 2023, 10:59 am
Nationwide and hsbc lead the way in latest spate of mortgage cuts
Nationwide Building Society, HSBC Holdings PLC (LSE:HSBA) and TSB Banking Group (LSE:TSB) have announced interest rates on their mortgages will fall f...
August 8, 2023, 10:14 am
Business loan approvals at big banks continue to drop, while other lenders increased in july: biz2credit small business lending index™
Big bank approvals have declined steadily over the past 12 months. Approval percentages rose at small banks, institutional investors, and alternative ...
August 8, 2023, 10:07 am
Dow seen lower as moody's hits banks but eli lilly set to fly
7.50am: Banks hit by Moody's downgrades, Eli Lilly ups guidance US stocks are expected to open lower with banks under pressure after Moody's downgrade...
August 8, 2023, 7:56 am
Moody's downgrades 10 us banks, warns of possible cuts to others
Ratings agency Moody's downgraded the credit ratings of several U.S. banks on Monday and warned it was reviewing the status of some of the nation's bi...
August 7, 2023, 11:21 pm
Fair isaac: good growth, but expensive stock
One of the most important personal financial planning tools for consumers is keeping a high credit score. A decent credit score has the potential to s...
August 7, 2023, 4:51 pm
Lloyds sued for overcharging on car finance to fund commissions
Lloyds Banking Group PLC (LSE:LLOY) is among a trio of lenders facing a class action lawsuit after alle...
August 7, 2023, 2:43 am
Why tupperware was a standout stock on friday
The food storage specialist secured a debt restructuring deal with creditors. Among other agreements, those le...
August 4, 2023, 3:02 pm
Tup stock alert: tupperware restructures its debt
Tupperware (NYSE: TUP ) stock is soaring more than 40% higher after the company announced that it had entered into a debt restructuring agreement with...
August 4, 2023, 11:26 am
Biden administration updates small business loan program
The loan program improvements will increase small businesses’ ability to access funding to start up and grow through a broader network of ...
August 3, 2023, 8:45 pm
Sell alert: 3 financial services stocks to dump asap
It's been a tough year for banks and the financial services industry, primarily from the implosion of several regional ...
August 2, 2023, 5:02 pm
Freddie mac announces new capabilities to expand income data sources using tax transcripts
Tax data will help lenders calculate income quickly and precisely MCLEAN, Va., Aug. 02, 2023 (GLOBE NEW...
August 2, 2023, 3:00 pm
Lendingtree review: marketplace allows you to compare personal loans from multiple lenders
This loan marketplace allows you to compare multiple lenders to find a personal loan that meets your ne...
August 1, 2023, 1:45 pm
Hsbc chief set to rake in a bumper incentives package
How much should you expect to earn for running one of Britain's biggest lenders? If you ask the board at HSBC Holdings PLC (LSE:HSBA), banking bosses ...
August 1, 2023, 8:22 am
Cineworld lenders take control as it emerges from bankruptcy
Cineworld Group PLC (LSE:CINE), the cinema operator, suspended its shares on the London stock exchange after its plans to exit Chapter 11 bankruptcy w...
August 1, 2023, 7:36 am