Hints and tips:
Related Special Reports
...“There has been a shift in thinking in Washington about bank mergers....
...Discover would have been more difficult to get through regulators than the tie-up Discover ultimately struck with Capital One last month, because JPMorgan is already the biggest US credit card lender by loans...
...The agency in January said it was investigating Boeing’s manufacturing and quality inspection processes after the incident, while the US Department of Justice was looking into whether the company violated...
...Shares of BofA dropped 3 per cent on its earnings news. PNC declined 2 per cent. BofA increased its estimate of expected loan losses at a time when its rivals were seeing loan losses level off....
...“Asset quality in commercial remains in a very, very good place, outside of the office sector,” said BofA’s Borthwick....
...That has meant investing in “quality and special design” products and launching higher value categories such as outerwear, handbags and home, he says....
...“I like to think our property portfolio is of reasonably high quality and quite resilient,” Simpson told Bloomberg....
...“Ultimately some people may feel forced to make a decision about whether the debt from the loan is worth taking on given how the condition is affecting their quality of life,” he said....
...The writer is founder of Fox Legal Training Much ink has been spilled about the degrading quality of investor protections in high-yield bond and leveraged loan agreements, also known as “covenants”....
...These customers carry lower costs of capital than banks, making them a good home for many loans, Gray told the FT last May....
...Capital One’s $35.3bn proposed takeover of Discover Financial Services would fuse two leading credit card lenders and give it control of a network that connects consumers, merchants and banks....
...Intel will receive $8.5bn in direct funding and $11bn in loans from the US government to expand its capacity to make high-end chips, as it seeks to reinvent itself as a national champion in the sector and...
...in its quality controls....
...With India in the middle of national elections, the incumbent Bharatiya Janata party — led by Prime Minister Narendra Modi — has promised to improve health services....
...Republicans have been vocal around the issue of passivity as part of their attacks on what they call “woke capitalism”....
...While it has a credit card loan book of $137bn, it also has issued a significant volume of auto and commercial loans....
...this important initiative by providing loan portfolio data, focusing on alignment, utility and consistency....
...In China, especially among younger consumers, in-car software is becoming the key differentiator of next-generation vehicles — sometimes even beating out more traditional factors such as build quality....
...The agency typically likes to sell to other regulated banks so the loans and customers of collapsed lenders remain under the eye of regulators....
...Roughly $10bn of so-called private credit loans have been refinanced in public markets, as borrowers pay down burdensome loans in favour of a cheaper alternative, according to data from Bank of America....
...The IMF and the World Bank kick off their joint spring meeting on Monday in Washington....
...In the face of the onslaught, large US asset managers have emphasised their legal duty to maximise shareholder returns and independently evaluate the impact of climate change on the financial prospects of...
...Last week, the influential proxy advisory firm Institutional Shareholder Services, sided with Starbucks in recommending investors vote against SOC’s board nominees....
...The advisory committee also recommended single-stock ETFs, which have exposure to only one security that is often leveraged or inverse, be renamed because they do not have the diversified qualities of other...
...US healthcare is under pressure as labour and interest costs rise, following a dealmaking boom in which many firms took on large amounts of floating-rate loans....
International Edition