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...Others included lending to private sector projects and investing in emerging market equity funds in Asia and beyond, Alexander said....
...New York Community Bancorp and its chief risk officer parted ways shortly before the regional US lender reported larger than expected losses from real estate lending that hammered the bank’s stock....
...Belgian Prime Minister Alexander De Croo told the Financial Times that the EU must wean itself off Russian nuclear fuel “as fast as possible” to stop Moscow using revenues to fund its war chest....
...As demand soared on the back of low rates and relatively lax lending standards, house prices surged 66 per cent, according to the EU’s statistics office Eurostat....
...The central bank’s “pledged supplementary lending” programme, a quasi-fiscal facility for cut-price loans used in past stimulus pushes, increased the pace of lending 12 per cent in December....
...One adviser to Barings said its lending team had considered spinning the business out, having seen peers make similar moves....
...Biz2Credit has struck a deal to feed Magnati’s real-time payments data into artificial intelligence models on its lending platform....
...Alexander Yokum, an analyst at CFRA, downgraded NYCB’s shares to “hold” on Wednesday, saying: “Our diminished view reflects falling confidence in management’s ability to integrate its recent acquisitions...
...From Bloomberg overnight: Citi Is in Talks to Start New Private Credit Strategy by Early 2024 Citigroup Inc. is in discussions to start a new direct-lending strategy by early January, the latest in a series...
...The US’s key lending rate, Sofr, touched 5.3 per cent last month, the highest level since its predecessor, Libor, soared before the financial crisis....
...The performance came as “somewhat of a surprise”, said Alexander Danilov, the head of the CBR’s banking regulation department....
...Chang’s and business technology provider Computer Services Inc....
...And if Micro Connect’s financing were to be reclassified as lending, he would face caps on how much money stores could repay. Sceptics have compared his model to outlawed peer-to-peer lending....
...Mortgage lending is a feast or famine business. The market takes the view that the interest cycle has peaked. The Federal Reserve is expected to cut rates, probably beginning in June....
...Energy bankers Muhammad Laghari and Alexander Burpee will also join Moelis in Houston as managing directors from Guggenheim....
...Their stakes were set in effect to be stripped from them, however, when Wall and fellow A&M executive Alexander Lawson were appointed as liquidators of BPGIC Holdings....
...“The biggest banks have not had that much deposit pressure,” said Alexander Yokum, who follows regional banks for CFRA....
...Slowing growth in lending risks curbing a key driver of profits for the big US banks when they begin reporting third-quarter earnings this week....
...However, the growth of private credit is in large part supposed to be driven by the retreat of banks from commercial lending — “debanking”, as Rowan calls the trend....
...Revenues from corporate lending dropped 26 per cent, however, as higher interest rates dented demand for borrowing. A drop in market volatility at the end of the year also hurt the bank’s traders....
...Lending, one area keeping rainmakers in place, has fallen off in demand as higher interest rates makes leveraging assets less attractive....
...The business would expand Citi’s business in China, which already includes corporate lending and other banking services....
...The loss followed an ill-fated foray by Julius Baer into private lending, a business that chair Romeo Lacher said had grown much quicker than its risk systems could cope with....
...Bank bosses should only feel worried when alternative asset managers are regularly lending billions for general corporate purposes....
...The yield on the 10-year note fell to 3.82 per cent, its lowest level in a month, as traders fretted about how possible constraints on lending may affect US growth....
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