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Small businesses told to enhance profitability before asking banks for loans

Small businesses are being told to get their books in order as banks put more weight on profitability and cashflow when assessing how much to lend to ...

June 8, 2023, 3:59 am

Bkln: leveraged loan defaults rising; caution warranted

The leveraged loan market has seen a deterioration in credit quality, with an increase in the number of...

June 8, 2023, 3:53 am

Biden vetoes gop bill seeking to block student loan forgiveness plan

WASHINGTON — President Joe Biden on Wednesday vetoed GOP-sponsored legislation that sought to block his administration’s plan to provide debt reli...

June 8, 2023, 12:44 am

More chinese banks cut rates

Earlier:Industrial and Commercial Bank of China cuts yuan deposit ratesChinese media speculate on a loan...

June 8, 2023, 12:36 am

Chinese media speculate on a loan prime rate cut after banks reduced deposit rates

The news of commercial bank rate cuts is here:Industrial and Commercial Bank of China cuts yuan deposit ratesNext Thursday, the 15th, we'll get the la...

June 8, 2023, 12:30 am

Biden vetoes bill blocking student loan forgiveness program

President Joe Biden officially vetoed legislation Wednesday that would block his student loan forgivene...

June 7, 2023, 11:59 pm

Citizens financial group to stop originating indirect car loans

Citizens Financial Group will stop originating indirect car loans effective July 1. The financial inst...

June 7, 2023, 7:38 pm

Sofi ceo on student loan pause, state of the consumer and a.i.'s impact on fintech

CNBC's Bob Pisani sits down with Anthony Noto, SoFi CEO, to discuss the company's plans as student loan...

June 7, 2023, 6:15 pm

8 best small business loans for bad credit 2023 | money

Are you looking to apply for a small-business loan, but you’re worried about qualifying because of a ...

June 7, 2023, 5:44 pm

Nonprofit mmi warns credit card debt hitting young consumers hardest

Student loans will add to the squeeze as payments resume in August, especially if forgiveness is struck...

June 7, 2023, 2:12 pm

5 reasons why trustmark corporation (trmk) stock is a must buy

A solid loan and deposit balance, higher rates and a focus on improving fee income are likely to contin...

June 7, 2023, 12:19 pm

Barclays (bcs) plans to sell italy loans amid restructuring move

Barclays (BCS) seeks to sell $5.3 billion of its Italy mortgage loans as it plans to exit retail bankin...

June 7, 2023, 12:04 pm

Inorganic growth efforts, high rates aid jpmorgan (jpm) top line

Higher rates, decent loan demand, inorganic growth efforts and a solid balance sheet are expected to ke...

June 7, 2023, 12:04 pm

Small business loan requirements: everything you need to know

For small business lenders, whether or not a loan application is approved boils down to basic numbers. ...

June 7, 2023, 11:15 am

Uk firm given £430m green transition loan then expanded oil and gas business

Exclusive: Wood Group boosts fossil fuel business and shrinks renewables work after getting government-backed ...

June 7, 2023, 11:15 am

Us mba mortgage applications w.e. 2 june -1.4% vs -3.7% prior

Prior -3.7%Market index 194.7 vs 197.4 priorPurchase index 151.7 vs 154.4 priorRefinance index 409.7 vs 412.5 prior30-year mortgage rate 6.81% vs 6.91...

June 7, 2023, 11:00 am

Scottish firm expands oil and gas business after ‘green transition loan

Exclusive: Wood Group boosts fossil fuel business and shrinks renewables work after getting £430m government-backed...

June 7, 2023, 10:15 am

Bank of america's (bac) 2q23 view bleak amid industry woes (revised)

Bank of America's (BAC) CEO expects trading and IB revenues to be flat in second-quarter 2023. loan gro...

June 7, 2023, 8:48 am

Sofi technologies: student loans return is a turning point

SoFi Technologies is predicted to reach profitability in Q3, earlier than its Q4 expectations. Click here for my thoughts on SOFI stock and see why it...

June 7, 2023, 8:45 am

Sofi technologies: student loans return is a turning point

SoFi Technologies' stock is upgraded to a strong buy due to the resumption of student loan payments, wh...

June 7, 2023, 4:28 am


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