Hints and tips:
Related Special Reports
...Those higher debt costs have made lending more lucrative. However, Grosvenor’s foray into lending brings significant risks....
...Securing a licence is crucial to Revolut’s ambitions to roll out lending on a wider scale in its home market and boost its profitability....
...Its strategy has been different from other fintech banks including Monzo and Revolut, which have focused on growing rapidly by offering digital current accounts and not lending at scale....
...Unlike its peers Monzo and Revolut, it has been profitable since 2022 following a push into lending and business banking....
...One adviser to Barings said its lending team had considered spinning the business out, having seen peers make similar moves....
...However, the bank made a pre-tax loss of £116mn in the same period, in part as the rapid increase in lending forced it to expand its provisions for potential bad loans....
...Corinthia was publicly launched by Weightman only seven months ago to take advantage of the booming private credit market, which has grown to $1.7tn as many banks retreated from business lending after the...
...Following withdrawals including by Provident’s doorstep lending operations and guarantor lender Amigo, that collapsed to about 0.3 per cent last year, estimates not-for-profit Fair4AllFinance....
...Lenders have taken a hit to margins as they lowered lending rates, including reductions on outstanding mortgage rates....
...Lending priorities have moved away from the traditional focus on the property sector and infrastructure projects towards supporting areas critical to future economic growth....
...Tougher regulation following the financial crisis meant banks retreated from lending to small and medium-sized businesses across the US and Europe....
...Salmon added that as well as significant support from lending banks, Trafigura had “unlocked” a new source of financing from export credit agencies....
...Jason Ho, Asia leader at FTI Capital Advisors, which focuses on corporate finance and restructuring in the region, said many big state-backed banks had been involved in offshore lending, but one or two including...
...If you want to include all non-bank lending to the private sector, then you get a figure that is very large indeed!...
...It’s a step-change for chief executive David Solomon, with the bank making a turnaround after it decided to pull back from consumer lending (remember Marcus?)....
...Banks have also expanded into personal lending....
...Following scrutiny of 777 Re’s lending to Nutmeg, people close to 777 insisted that separate financing plans were in place. 777 Partners has lent at least £150mn to Everton, according to several people...
...Strikingly, Aozora’s non-recourse lending to the US office sector totalled $1.89bn, or 6.6 per cent of its loan book, by the end of last year....
...The scale and complexity of lending to the group is such that the European Central Bank has singled it out for special attention, and required European banks to buffer against potential losses from it....
FSB files ‘super-complaint’ over lending practices which it said put personal assets such as homes at risk
...The elevated cost of lending from rate rises has begun to feed through to mortgage rates in Hong Kong, with HSBC raising its maximum mortgage rate by 0.5 percentage points to 4.125 per cent last month in...
...The move will combine the world’s first Bitcoin and crypto securities business with the first crypto lending platform....
...But to rehash some of the more specific cons Alphaville listed earlier this year: — There’s almost certainly been a lot of silly lending going on in private credit....
...He added that the new fund will be its first in the European direct lending sector....
...Alameda borrowed more from FTX than had ever been offered by its margin lending system. “He said: ‘yup, yup’,” Sun recalled....
International Edition