Tag Archives: credit
Spain, Portugal urge eurozone to unfreeze credit, speed up banking union
The leaders of Spain and Portugal on Monday demanded that the 17-nation eurozone speed up efforts to create a banking union and complained that credit is frozen in their countries, preventing economic growth and crucial job creation. Continue reading
Moody’s: Latest Steps to Tighten Controls on Wealth Management Products Credit Positive for Banks
The following is a press release from Moody’s: Moody’s: China’s Shadow Banking Continues To Weigh On The Banks’ Credit Profiles http://v3.moodys.com/page/viewresearchdoc.aspx?docid=PR_273026&WT.mc_id=NLTITLE_YYYYMMDD_PR_273026 Continue reading
Goldman cuts investment fund pledges in half since Dodd-Frank-filings
By Lauren Tara LaCapra NEW YORK (Reuters) – Goldman Sachs Group Inc has slashed its capital pledges to investment funds by nearly half since the Volcker rule was signed into law in 2010, as it prepares its principal investment business for restrictions on investing its own money, according to regulatory filings. The Wall Street bank has reduced future commitments to hedge funds and funds that invest in private equity, credit and real estate, by $5.8 billion since June 2010, the last period before the Volcker rule was included in the Dodd-Frank financial reform act Continue reading
Cramer’s ‘Mad Money’ Recap: Giving Credit Where It’s Due
Search Jim Cramer’s “Mad Money” trading recommendations using our exclusive “Mad Money” Stock Screener. NEW YORK (TheStreet) — Let’s give credit where credit is due, Jim Cramer said on “Mad Money” Wednesday. Continue reading
PBOC Official Says Bank Credit Unlikely to Slow
Credit growth at Chinese banks is unlikely to slow markedly in the near term as the nation is too dependent on bank lending for its financing needs, Sheng Songcheng, head of the central bank’s statistics and analysis department, wrote in an essay. Continue reading
Valley Auto Loans Expanding to Offer Bad Credit Auto Loan Services in Canada as Well as the U.S.
GREENVILLE, SC — (Marketwired) — 05/03/13 — Valley Auto Loans has recently become a well-known name in the bad credit auto loan industry. Continue reading
PayPal has uphill battle to break shoppers’ swipe habit
PayPal will soon be ubiquitous in U.S. retail stores, but just being there may not be enough. The online payment service will take a giant step beyond its Internet roots on April 19, when a partnership with Discover Financial Services officially kicks in Continue reading
