Bank loan

Nordic bank loan loss reversals likely amid a promising outlook, but an uncertain timing

Amid an improving economic outlook in the Nordic countries, the region’s largest banks are well placed in 2021 to write off some of the pandemic loan loss provisions taken in 2020, analysts say, although some lenders may consider a more cautious approach. The first quarter results showed a promising development in loan losses at the […]

Bank security

FBI Warns of Spear Phishing on Behalf of Truist Bank

The FBI issued a warning that threat actors began masquerading as Trusit, one of America’s largest bank holding companies. According to the investigation agency, malicious actors are using this spear phishing campaign to infect victims with Remote Access Trojan (RAT) malware. A Beeping computer The article mentions that according to the FBI, the threat actors […]

Bank loan

Bank loan funds are back: here are 2 to consider

Bank loan funds lacked appeal for investors in 2019 and 2020 due to falling interest rates. But the economic recovery and the potential for higher short-term interest rates have put the category back in favor in 2021. Bank loan mutual funds have received net inflows of more than $13 billion for the year so far. […]

Bank loan

FG to Obtain $ 75 Million World Bank Loan for Community Water Supply | The Guardian Nigeria News

The federal government has entered into dialogue with the World Bank to secure a $ 75 million loan to provide water to communities across the country. Water Resources Minister Suleiman Adamu made the disclosure during an interactive session with media officials in Abuja on Thursday. He said the government was planning to launch a pilot […]

Bank loan

Barcelona to use € 100m bank loan to pay off unpaid wages

May 18, 2021 Moises Llorens Sam marsden Barcelona president Joan Laporta has secured a loan from a US investment bank that will allow him to use € 100million ($ 122million) to settle outstanding payments owed to players, various sources have said at ESPN. Laporta will be able to use a line of credit of up […]

Bank insurance

Ministry of Finance urges states and UTs to prioritize bank and insurance company staff

The Ministry of Finance on Friday asked state governments to prioritize the vaccination of employees of banks and insurance companies. The ministry said they are at high risk amid the pandemic. Department of Financial Services Secretary Debasish Panda addressed the Chief Secretaries of States and Union Territories in a letter urging them to consider a […]

Bank loan

Guggenheim Second quarter 2021 High Yield and bank loan

NEW YORK, May 13, 2021 (GLOBE NEWSWIRE) – Guggenheim Investments, the global asset management and investment advisory business of Guggenheim Partners, today presented its outlook for second-tier bank and high-yield loans. quarter 2021. Entitled “In the recovery phase of the credit cycle”, the report explains why fundamentals support a long positioning in credit-sensitive fixed income […]

Bank security

Demerara Bank security guard hospitalized after truck collision

A Demerara Bank security guard is in hospital after being involved in an accident Tuesday on the public road in village number 63, Corentyne, Berbice. Police revealed yesterday that the driver and owner of the car, PJJ 8191, who is currently in New Amsterdam Public Hospital following the crash, has been identified as Keith Griffith, […]