Margarita Louis-Dreyfus, the heiress of the popular Louis Dreyfus Company (LDC), a trading house, announced her successful filing and borrowing of a $1 billion loan from the Credit Suisse. Following the partnership, the heiress put up her majority shares...
India's Housing Development Finance Corporation Ltd. (HDFC) adjusted the retail prime lending rate on housing loans by 0.05 percent, effective on Jan. 6, 2020.
The decision was made last Friday, Jan. 3 when India’s largest lender cut down the...
The Reserve Bank of New York released on Monday a survey that showed an increase in auto loan rejection in the United States.
Compared to last year’s car loan rejection, the increase was massive at 7.1 percent from 6.1% in...
Canadian insurer Sun Life announced Wednesday it has agreed to enter in a deal that will make it a majority stakeholder of London-based InfraRed Capital Partners, a global investment manager.
In a press release, the insurer giant disclosed a closing...
Lending institution Well Fargo & Co. has been ordered by the state of Philadelphia to pay $10 million in damages to address its discriminatory lending practices. The court ordered the San-Francisco-based lender to settle its lawsuit following accusations that...
American Financial Resources (AFR) announced a few enhancements on the online loan portal, including integrated product support to help improve user experience.
The company upgrades the overall functionality of the platform, adding a unified dashboard for a better user interface....
The average rates for UK home loans are at an all-time low in light of the mortgage price war this holiday season, reported the Daily Mail. The rates can be fixed as low as 2.39% for two years, 1.44%...
In a landmark decision given by the Federal Trade Commission (FTC), the University of Phoenix has been ordered to pay a record of $191 million. The FTC’s decision comes after it had previously filed a case against the educational...
The Asian Development Bank (ADB) inked a $200million loan agreement with the Philippine government last December 13, 2019. The loan agreement comes as the ADB furthers its support for the country and its series of infrastructure projects. The latest...
The amount of China new loans bounced back in November, rising sharply from stagnant loans in October this year.
New yuan loans last month extended to $197.47 billion, exceeding the expectations of analysts. According to the People’s Bank of China,...
