Hints and tips:
Related Special Reports
...Additional reporting by James Fontanella-Khan...
...Additional reporting by Robert Smith This article has been updated to clarify the ownership of the Bombardier Global 7500 jet....
...Additional reporting by Robert Smith...
...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...
...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)....
...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....
...China’s slowing economic growth, weak credit demand and declining investment from cash-strapped local governments are also weighing on lenders....
...“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....
...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...
...Limited coverage of debt reporting, under-reporting of local governments, EBFs, SSIs, SOEs, and misreporting on complex debt instruments comprise the most urgent challenges. . . ....
...What the $56bn Tesla pay deal setback means for Elon Musk and his empire Formula One’s Lewis Hamilton to join Ferrari from Mercedes Meta dividend signals 'coming of age' for Mark Zuckerbergs company CREDIT...
...In many instances lenders were barred from reporting late payments to credit bureaus....
...The creation of a public credit reporting agency was mooted in Joe Biden’s 2020 campaign, supposedly to help low-income groups access loans....
...Credit rating agencies have downgraded the group’s debt to junk status and warned of its poor liquidity amid high cash burn....
...JPMorgan emerged as the biggest winner, with the largest US bank by assets reporting record profits for 2023....
...Additional reporting by Ortenca Aliaj in New York and Ian Johnston in London...
...Michael Izza, chief executive of the Institute of Chartered Accountants in England and Wales, said the Financial Reporting Council should soften its approach to make the profession more attractive....
International Edition