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...Additional reporting by Harry Dempsey in London This article has been amended since first publication to clarify that Shell itself did not sell any of the ‘phantom’ credits, as originally stated...
...Additional reporting by James Fontanella-Khan...
...Additional reporting by Owen Walker and Ian Smith in London...
...Additional reporting by Aime Williams in Washington...
...Additional reporting by Robert Smith This article has been updated to clarify the ownership of the Bombardier Global 7500 jet....
...Share moves to note on the New York Stock Exchange include DNA testing company 23andMe, homebuilder DR Horton and credit reporting agency Equifax: 23andMe: Shares surged 23 per cent in early trading on...
...The Financial Conduct Authority has fined credit reporting agency Equifax just over £11mn for failing to protect the data of nearly 14mn UK customers caught up in one of the largest ever cyber security breaches...
...“Credit card performance further deteriorated at the end of 2023, with firms recording the worst 30+, 60+, and 90+ account-based days past due levels in the reporting series,” the Philadelphia Fed wrote...
...Singles will have to pass an Equifax credit check to sign up for Score, and only those scoring above 675 will be accepted (in the US, the highest score is 850, whereas in the UK it’s typically 999)....
...Divecha, head of market development for climate credit risk at S&P, told me yesterday....
...Then, GLP-1 anti-obesity drugs hit the market, long-time spokesperson and board member Oprah Winfrey announced her departure, and the company’s credit rating was downgraded....
...The index, which tracks the proportion of lenders reporting an increase in demand for home loans versus those reporting a decrease, rose to 35.9 in the first quarter, according to the Bank of England’s quarterly...
...Consumer credit groups Equifax and TransUnion, both “thermometers of consumer health” posted earnings below expectations and were punished as a result, Souccar added....
...On Thursday, the company borrowed £2.85bn to refinance debt raised in its 2021 buyout, in a deal that will reduce its overall debt load by £340mn, prompting Moody’s to upgrade its credit rating and Fitch...
...Additional reporting by Lauren Fedor in Washington...
...Additional reporting by Richard Waters...
...Credit ratings company Equifax has spent at least $1.4bn to settle consumer and state lawsuits, and made technology upgrades following a massive data breach in 2017. Company boards should take note....
...The agenda includes questions around how to regulate a market that could soon take off — carbon credits....
...But the share of companies reporting lower availability of loans also rose to 10 per cent. “The financing gap continued to widen at a moderate pace,” it said....
...Additional reporting by Akila Quinio in London...
...“Everyone is losing sight of the fact that this market is too big for just private credit or banks.” Additional reporting by Sun Yu...
...“For several years, [JPMorgan] forced certain clients into the untenable position of choosing between receiving settlements or credits from the firm and reporting potential securities law violations to the...
...The bank’s regular survey of credit conditions found that 43 per cent of lenders reported an increase in household defaults on secured loans over the past three months minus those reporting a decrease, up...
...Additional reporting by Euan Healy...
...Additional reporting by Josephine Cumbo in London...
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