Posts Tagged ‘Banks
Top European banks stand pat on key interest rates
Linda Young – AHN News Writer London, United Kingdom (AHN) – The European Central Bank met Thursday and kept its key interest rate unchanged at 1.0 percent. ECB officials made the decision after cutting rates for the previous two months in an effort to boost growth in the eurozone. They mentioned continued high uncertainty in [...]
China banks to stress-test gov’t debt, other risks
Chinese regulators ask six major banks to submit new data on lending risks that place emphasis on their exposure to government-backed infrastructure projects and property-market lending. View full post on All Stories
NAMA open to partnerships in property funds
NAMA is offering non-NAMA banks the opportunity to take part in the €1 billion fund it is planning to establish to provide finance for property purchasers. The move could increase the size of the fund beyond NAMA’s €1 billion target and also help to address the shortage of mortgage funding. View full post on All [...]
Wholesaler Joins 3 Banks on Casualty List
The Georgia Department of Banking and Finance said it obtained superior court orders authorizing it to take possession of two banks in the state. The Washington Department of Financial Institutions closed down a bank in that state. In addition, Merit Mortgage Services has advised its loan correspondents of its decision to exit the mortgage business. [...]
CertusBank acquires two failed banks in Georgia
CertusBank, wholly owned subsidiary of Blue Ridge Holdings, has assumed all of the deposits and substantially all of the assets of two Georgia-based banks, Atlantic Southern Bank and First Georgia Banking Company, in a Federal Deposit Insurance Corporation (FDIC) facilitated transaction. View full post on All Stories
Moody’s downgrades top four banks
MOODY’S downgraded the debt ratings of Australia’s four largest banks today, citing their dependence on global lending markets. View full post on All Stories
Probes Into U.S. Banks Mortgage Lending Grow
The New York attorney general’s office has requested information from three major U.S. banks about their mortgage operations, according to a source familiar with the matter. NEW YORK/CHARLOTTE, N.C. – The New York attorney general’s office has View full post on All Stories
Biz Briefing: Banks Miss Key Lending Target
Sky News has learned that Britain’s five biggest banks have collectively failed to meet the first major test of their Project Merlin agreement with the Coalition government. View full post on All Stories
House Committee votes to weaken the CFPB
Consumers Union calls on lawmakers to stand with consumers not big banks View full post on Consumer Protection Stories
Banks stake $5 billion to settle foreclosure inquest
The nation’s largest banks have offered to pay up to $5 billion to settle claims by federal and state officials of improper mortgage-servicing practices, according to the Wall Street Journal. This offer low-balls what was proposed by state and federal View full post on All Stories
