Complaints about unfair and unexplained closures are rising. Banks say they never close accounts for political reasons.
As interest rates rose, banks charged more for credit cards and loans, but held rates paid on savings accounts.
The RMR Group entered into a new $100 million senior secured revolving credit facility. The initial maturity date of the new credit facility is January 22, 2028, and it includes a one-year extension at RMR’s option,
Led by the California Mortgage Bankers Association, five lenders have made commitments to provide mortgage relief for the victims of the
NEOM Co. successfully completed a financing deal with the Italian Export Credit Agency (SACE), securing approximately $3 billion (equivalent to SAR 11
The last of the six major US banks recently exited the Net Zero Banking Alliance. These departures may have created a buzz, but we caution investors against being misled
A.B. 238, which would make it easy for victims of the Los Angeles County wildfires to get mortgage relief, will proceed despite voluntary agreements Gov. Newsom reached with hundreds of lenders.
By bnm Gulf bureau Saudi Arabia's $500bn megaproject NEOM has secured a landmark €3bn financing facility through Italy's export credit agency SACE, representing the agency's largest unconditional financing package to date,
Trafigura Group is seeking permission to subpoena Wall Street banks for information that might help the commodity trading giant track down the more than half a billion dollars it lost in an alleged nickel fraud.
Trump telling Fox News he'd rather not impose tariffs on China seems to feed into the growing sense that he is underdelivering on protectionism and that ultimately some of the tariff threats made before his inauguration may not materialize as long as some concessions are made on trade, ING said.
Consumers and traders are waiting to learn if the Fed’s pause is a one-meeting hold or the start of a longer stretch.
WASHINGTON - The Inter-American Development Bank (IDB) has expanded its Global Debt Program with the issuance of $100 million in floating rate notes, which are due on August 1, 2029. These newly issued notes will be consolidated with the existing Series 934 Tranche 1 and Tranche 2 notes,