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U.S. credit demand declines, rejection rates rise: NY Fed survey

U.S. credit demand declines, rejection rates rise: NY Fed survey

Published 03/12/2018

NEW YORK (Reuters) - Americans’ demand for credit declined over the previous year as expected, as mortgage interest rates rose, while the percentage of approved [more…]

U.S. mutual fund sales signal retail investor caution

U.S. mutual fund sales signal retail investor caution

Published 29/11/2018

NEW YORK (Reuters) - U.S. mutual fund investors pulled $13.7 billion from stocks and bonds during the latest week, according to data released on Thursday [more…]

China to release new rules to further increase lending to smaller…

China to release new rules to further increase lending to smaller…

Published 30/10/2018

BEIJING (Reuters) - China’s banking and insurance regulator will soon release new rules to further boost financing to small and medium-sized companies, it said in [more…]

Rising rates knock U.S. mortgage activity to lowest since 2014: MBA

Rising rates knock U.S. mortgage activity to lowest since 2014: MBA

Published 17/10/2018

(Reuters) - U.S. consumers filed the fewest requests for a mortgage since late 2014 last week as most home borrowing costs reached their highest levels [more…]

Goldman, JPMorgan, four others must face stock lending antitrust case

Goldman, JPMorgan, four others must face stock lending antitrust case

Published 27/09/2018

NEW YORK (Reuters) - A U.S. judge on Thursday ordered Goldman Sachs Group Inc (GS.N), JPMorgan Chase & Co (JPM.N) and four other large banks [more…]

Royal Bank of Scotland to launch new consumer bank: Sky News

Royal Bank of Scotland to launch new consumer bank: Sky News

Published 27/09/2018

(Reuters) - Royal Bank of Scotland is planning to launch a new standalone consumer bank called Bo to fight industry challengers such as the British [more…]

Volvo halts Iran truck assembly due to U.S. sanctions

Volvo halts Iran truck assembly due to U.S. sanctions

Published 24/09/2018

STOCKHOLM (Reuters) - Swedish truckmaker AB Volvo has stopped assembling trucks in Iran because U.S. sanctions are preventing it from being paid, a spokesman for [more…]

Embattled blood-testing firm Theranos to dissolve: WSJ

Embattled blood-testing firm Theranos to dissolve: WSJ

Published 05/09/2018

(Reuters) - Theranos Inc, the once-celebrated Silicon Valley blood-testing firm, is about to dissolve itself months after top executives were indicted for defrauding investors, the [more…]

Crisis-hit Argentina hopes for improved IMF deal this month

Crisis-hit Argentina hopes for improved IMF deal this month

Published 05/09/2018

WASHINGTON/BUENOS AIRES (Reuters) - Argentina’s government said on Tuesday it hoped the International Monetary Fund would agree in the second half of September to a [more…]

Progress made toward strengthening Argentina program: IMF’s Lagarde

Progress made toward strengthening Argentina program: IMF’s Lagarde

Published 05/09/2018

WASHINGTON (Reuters) - International Monetary Fund Managing Director Christine Lagarde said on Tuesday that she and Argentina’s Finance Minister made progress toward strengthening the IMF-backed [more…]