Culture
How Trump’s proposed cap on credit card rates could reshape consumer lending
It could wipe out billions of dollars in interest income for banks and card issuers, and result in them tightening credit boxes A proposed…
Tag
lending
Culture
China to scrub small overdue debts from credit records to help spur lending
China’s central bank on Monday unveiled a one-off credit repair scheme to allow overdue personal debts of up to 10,000 yuan (S$1,835)…
Culture
UK lenders approve more mortgages than expected in October, consumer lending cools
British lenders approved more mortgages than expected in October, despite concerns about finance minister Rachel Reeves’ budget, and…
Culture
China’s internet firms cautiously revive lending as Beijing pushes consumer loans
The more stable regulatory environment positions firms such as Ant, Meituan and ByteDance for faster growth and higher margins…
Culture
Chinese property stocks jump on policy, lending boost
Top gainers included Country Garden and Shimao Group Holdings, whose shares rose more than 30% Chinese property shares surged in Hong…
Culture
China property stocks jump on policy, lending boost
Top gainers included Country Garden and Shimao Group Holdings, whose shares rose more than 30% Chinese property shares surged in Hong…
Culture
Westpac to hire hundreds of bankers in business lending push
It’s expanding this presence with three new service centres in regional New South Wales, Victoria and Tasmania Westpac Banking plans to…
Culture
China leaves benchmark lending rates unchanged in August, matching forecast
China kept benchmark lending rates in August unchanged for the third consecutive month on Wednesday (Aug 20), in line with market…
Culture
Chinese banks stumble on Beijing’s consumer lending push
Chinese banks are struggling to comply with new Beijing guidelines to boost consumer credit as they reel from a surge of defaults on…
Culture
China keeps benchmark lending rates unchanged as expected in June
China kept benchmark lending rates unchanged as expected on Friday, after Beijing rolled out sweeping monetary easing measures a month…
Culture
Atome to get US$75 million from Lending Ark as credit demand grows
As traditional credit markets in the US and Europe falter, private credit investors are turning their attention to emerging markets, drawn…
Culture
CBA’s first-half profit beats estimates on strong asset quality, lending volume growth
COMMONWEALTH Bank of Australia’s (CBA) first-half cash earnings beat estimates on Wednesday (Feb 12), as lending volume growth and lower…
Fashion
Citi and Maybank Securities collaborate to offer global securities lending to Singapore retail investors
This collaboration marks the introduction of Citi Securities Lending Access in Asia CITI and Maybank Securities announced on Wednesday…
Fashion
Howard Lutnick’s Cantor in talks with Tether about US$2 billion Bitcoin lending project
HOWARD Lutnick is moving to strengthen his alliance with one of the most important and controversial names in the digital asset business:…