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...Additional reporting by Aime Williams in Washington...
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...Additional reporting by Robert Smith This article has been updated to clarify the ownership of the Bombardier Global 7500 jet....
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...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)....
...Additional reporting by Richard Waters...
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...Additional reporting by Akila Quinio in London...
...Divecha, head of market development for climate credit risk at S&P, told me yesterday....
...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....
...Additional reporting by Lauren Fedor in Washington...
...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....
...“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...
...Rather than reporting one category of non-deposit-taking financial groups, banks could soon have to say how much in total they have lent to private equity firms, credit funds and other consumer lenders....
...Additional reporting by Jana Tauschinski in London...
...The company last year repaid a £330mn bridge facility taken out in connection with the acquisition of Instant Group, in part by adding to its revolving credit facility, which matures next year....
...business confidence data US: Conference Board Leading Index Results: AJ Bell trading update, American Airlines Q3, AT&T Q3, Blackstone Q3, CSX Q3, Deliveroo Q3 trading update, Dunelm Q1 trading update, Equifax...
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