LOANS

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…]

Loan market shrugs off prison financing protests

Loan market shrugs off prison financing protests

Published 27/07/2018

NEW YORK (LPC) - The U.S. leveraged loan market appeared to shrug off protests at the center of a national immigration debate that saw illegal [more…]

China’s Xi pledges $20 billion in loans to revive Middle East

China’s Xi pledges $20 billion in loans to revive Middle East

Published 10/07/2018

BEIJING (Reuters) - Chinese President Xi Jinping on Tuesday pledged a package of $20 billion in loans, and about $106 million in financial aid, to [more…]