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Lenders Shunned Risky Personal Loans. Now They"re Competing for Them.

Banks and fintech companies are plunging with new vigor into a risky area of consumer finance......»»

Category: asiaSource: wsjAug 25th, 2018

Morgan Stanley thinks investing in space will be a very big deal

The space industry is dominated by private companies but one of the biggest banks on Wall Street is telling clients to pay attention to coming investment opportunities......»»

Category: topSource: moneycentralAug 23rd, 2018

European bank stocks lose more ground as concerns on Turkey spread

Shares in Europe's major banks lost further ground on Monday, as concerns about Turkey's deepening currency crisis spread to other emerging markets......»»

Category: topSource: reutersAug 13th, 2018

Protests erupt as thousands in China lose life savings

Thousands of Chinese citizens had their savings wiped out after hundreds of online lending platforms imploded. CNN's Matt Rivers speaks to some of the victims who lost their money to companies they say were promoted by the government......»»

Category: videoSource: cnnAug 8th, 2018

Asian markets mixed as trade war fears set in

U.S. stocks are rising Monday morning as technology companies and banks gain ground......»»

Category: topSource: foxnewsJun 5th, 2018

Technology companies and retailers lead US stocks higher

U.S. stocks are rising Monday morning as technology companies and banks gain ground......»»

Category: topSource: foxnewsJun 4th, 2018

Gains for technology companies lead US stocks higher

U.S. stocks are rising Monday morning as technology companies and banks gain ground......»»

Category: topSource: foxnewsJun 4th, 2018

Medill News Service: Shortage of IT talent poses risks to big U.S. banks, finance firms

American financial institutions face a greater threat from cyberattacks because of a shortage of high-tech professionals and poor coordination between the government and private sector on how to deter hackers, executives say......»»

Category: topSource: marketwatchMay 24th, 2018

Home truth: Spike in housing finance companies bad loans hobbles PMAY

PMAY-Gramin, which was launched in November 2016, aims to construct 10 million homes by March 31, 2019, with private sector and state government participation.....»»

Category: topSource: business-standardMay 23rd, 2018

Main Street Banks Feel Squeezed by New Lending Rivals

Hedge funds, private-equity firms and others are elbowing into business loans. Midsize banks are being forced to rethink a business that is a key part of their revenue......»»

Category: smallbizSource: wsjMay 19th, 2018

Easier bond market rules for FPI cheer public-sector bank stocks

Bond yields could slip, easing mark-to-market provisioning pain for banks; housing finance companies can access foreign borrowings.....»»

Category: topSource: business-standardApr 30th, 2018

Big banks find a back door to finance subprime loans

Big banks like Wells Fargo and Citigroup are taking a new approach to the subprime market by lending a record amount to nonbank financial firms......»»

Category: topSource: moneycentralApr 11th, 2018

Under Trump, a voice for the American consumer goes silent

In the 135 days since the Trump administration took control of the nation's consumer watchdog agency, it has not recorded a single enforcement action against banks, credit card companies, debt collectors or any finance companies whatsoever......»»

Category: topSource: foxnewsApr 10th, 2018

This Fairfax firm"s tech is remaking reconnaissance. Just don"t call it a drone company.

Fairfax-based MAG Aerospace has acquired four companies in the last year-plus and recently secured backing from New Mountain Capital, a New York-based private equity firm with $20 billion in assets......»»

Category: topSource: bizjournals11 hr. 48 min. ago

Visa, Mastercard settle for $6.2 billion

Credit card companies and a number of U.S. banks agreed to pay $6.2 billion to settle a long-running lawsuit brought by merchants over fees. Angela Moore reports......»»

Category: topSource: moneycentral16 hr. 3 min. ago

Visa, Mastercard settle for $6.2 bln

Credit card companies and a number of U.S. banks agreed to pay $6.2 billion to settle a long-running lawsuit brought by merchants over fees. Angela Moore reports......»»

Category: videoSource: reuters17 hr. 18 min. ago

HWC vs. TBK: Which Stock Should Value Investors Buy Now?

HWC vs. TBK: Which Stock Is the Better Value Option? Investors looking for stocks in the Banks - Southeast sector might want to consider either Hancock Holding (HWC) or Triumph Bancorp (TBK). But which of these two companies is .....»»

Category: personnelSource: nyt20 hr. 33 min. ago

A Chequers Brexit Won’t Help the Banks

Even a softer “Chequers” deal will carry heavy costs for the finance industry, and its staff......»»

Category: topSource: washpostSep 17th, 2018

Former official: Beijing can target exports by US companies

Chinese news reports have quoted a former finance minister as saying Beijing can disrupt American companies' operations by imposing "export controls" if it needs more leverage in its mounting tariff dispute with Washington......»»

Category: topSource: foxnewsSep 17th, 2018

For homebuyers, mortgages are safer but tougher to come by

Now and then: Banks dropped their easy lending ways after racking up billions in losses from mortgages gone bad after the housing bubble burst, ushering in the finan.....»»

Category: topSource: moneycentralSep 16th, 2018