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Aug 26, 2014

Credit card late payments drop

Americans are doing a better job of making timely credit card payments, even as many lenders increasingly extend credit to more people with less-than-stellar credit histories...

Aug 21, 2014

Arlene Farkas begs lenders to stop home auction

Department store heir Bruce Farkas' estranged wife is begging her creditors to delay auctioning off her fancy duplex apartment on the Upper East Side...

Aug 20, 2014

Brazil's Central Bank Takes Action As Economic Outlook Worsens

The Central Bank of Brazil gives lenders more money to burn as economy falters...

Aug 24, 2014

Heirs fail to inform lender of mother's death

Dear Liz: My mother passed away unexpectedly in late 2008. She had a mortgage, and the house was under her name only. She didn't leave a will. My family is still paying the loan, and the company does not know my mother passed away. We don't have a lo...

Aug 20, 2014

Bank of China Meets Europe Investors

One of China's big four banks has met with European investors as part of its early efforts to sell billions of dollars in shares, according to people familiar with the matter, signaling the lengths Chinese lenders are going to as part of a cash-raisi... #China #Europe

Aug 25, 2014

Kroll Helps Open Bond Market to Smaller Banks

Community banks are jumping into the bond market, with an assist from an upstart ratings firm that is spotlighting lenders previously considered too small to find investors... #China #Europe

Aug 18, 2014

The Morning Leverage: Designer Jason Wu Seeks Investor

Mike Lucas for Dow Jones In this morning’s media roundup, a designer best known for clothing the first lady is looking for an investment partner to grow his business, while Apax Partners shelves a sale of a software maker. Elsewhere, a new staff memb... #Jason Wu #Dow Jones #Blackstone Group #TPG Capital #Apax Partners #Cerberus Capital Management

Aug 01, 2014

Sberbank Hits Back at EU Over Sanctions

Russia's largest lender Sberbank said that Brussels' decision to put it on the sanctions list "undermines the foundations of the global financial system.... #Jason Wu #Dow Jones #Blackstone Group #TPG Capital #Apax Partners #Cerberus Capital Management

Aug 28, 2014

Nonbank Mortgage Lenders Bounce Bank

In the first half of the year, lenders that aren't banks made almost a quarter of all mortgage loans, the highest level since at least the financial crisis... #Jason Wu #Dow Jones #Blackstone Group #TPG Capital #Apax Partners #Cerberus Capital Management

Aug 21, 2014

European Banks Expect Only ‘Limited’ Impact From Sanctions on Russia

The Austrian lender Raiffeisen Bank International and Rabobank of the Netherlands have said they foresee a “low” or “limited” impact on their results... #Europe #European Union #Fitch Ratings #Russia #Sberbank #Société Générale #Ukraine