Bank loan

A strong credit market shapes the default outlook

Several factors suggest that the next default cycle could be more idiosyncratic and credit-specific, spanning multiple sectors NEW YORK, Nov. 21, 2022 (GLOBE NEWSWIRE) — Guggenheim Investments, the global asset management and investment advisory business of Guggenheim Partners, today released its outlook for high yield and bank lending for the fourth quarter of 2022. Titled […]

Bank insurance

How are Equitable Bank’s insurance loan solutions unique from other lenders?

Although these loan solutions are not new to the market, there are some niche strategies that you may not be familiar with. Equitable Bank, for example, offers a suite of three insurance loan solutions. “We like operating in unique spaces and have a philosophy of not doing what every other bank does,” says Tom Schiersch, […]

Bank insurance

Sri Lanka has no plans to restructure bank, insurance or pension fund debt: minister

ECONOMYNEXT – Sri Lanka’s stock, rupee and bond markets barely moved according to a statement by Minister of State Shehan Semasinghe who said the government had not yet decided to restructure local debts. Markets were expecting the worst for local loans as part of Sri Lanka’s debt restructuring process, including a discount, both on yield, […]

Bank service

JP Morgan and Mastercard launch bank payment service

JP Morgan Payments and MasterCard have launched Pay-by-Bank to allow consumers to authorize the sharing of their financial data so that they can pay their bills directly from their bank account. The service means consumers won’t need to enter their route and account information when making recurring payments, such as rent, utilities, tuition and insurance. […]

Bank security

First Access Broker Claims To Have Hacked Deutsche Bank

First Access Broker Claims To Have Hacked Deutsche Bank An initial access broker claims to have hacked into Deutsche Bank and is offering access to its systems for sale on Telegram. A threatening actor (0x_dump) claims to have hacked multinational investment bank Deutsche Bank and offers access to its network for sale online. Security researcher […]

Bank service

JP Morgan and Mastercard launch “Pay-by-Bank” service

By Gloria Methri Today ACH Instant payment JP Morgan As traditional payment methods such as cash and personal checks continue to decline, JP Morgan Payments seeks to capitalize on growing consumer interest in alternative payment methods by partnering with Mastercard on a new digital banking payment platform. MasterCard announced that it has partnered with JP […]

Bank loan

ED Files Charge Sheet In Rs 23.73 Cr Bank Loan Fraud Case

New Delhi: Enforcement Enforcement (ED) on Monday filed an indictment against AGS Infotech Private Limited and its director G. Dhananjaya Reddy at a PMLA special court in Bengaluru in a bank loan fraud case of Rs 23.73 crore allegedly committed by the company and its directors. The court heard the prosecution’s complaint and set the […]

Bank loan

ED files cost sheet in Rs 23.73 cr bank loan fraud case

New Delhi, 7th November Enforcement Enforcement (ED) on Monday filed an indictment against AGS Infotech Private Limited and its Director G. Dhananjaya Reddy at a PMLA Special Court in Bengaluru in a bank loan fraud case of Rs 23.73 crore allegedly committed by the company and its executives. The court heard the prosecution’s complaint and […]

Bank loan

Development of Fellow Bank’s loan and deposit portfolio in October

FELLOW BANK PLC PRESS RELEASE 7.11.2022 To 4:00 p.m. ET In October 2022, Fellow Bank provided funding worth €27.4 million. The loan portfolio totals €148.5 million and deposits totaled €262.2 million at the end of the month. Fellow Bank, which focuses on easy-to-use digital service channels, currently offers flexible financial services for SMEs and individuals, […]

Bank insurance

Private mortgage insurance a matter between bank, insurance company

All things real estate: Tim Jones Q: First of all, I would like to tell you how much I enjoy reading your column. I learned a lot about real estate and the mortgage process through this. We refinanced our home loan with a new lender and closed last March. On our 2011 annual tax statement, […]

Bank insurance

Adda Gold Test Pack for Banking, Insurance, SSC, Railways, Defense Education, State PCS, UPSC, AE&JE and GATE Exams 2022 By Adda247

Adda Gold Test Pack is the most recommended test series if you are preparing for government job exams for Banking, Insurance, SSC, Railways, Education, Defence, State Exams, PSC State, UPSC, AE&JE and GATE exams. Candidates will get the combination test series in the Adda Gold test pack which will be useful for almost all government […]

Bank loan

Size of UnionDigital Bank’s loan book at $80 million

SINGAPORE—Four months after its commercial launch, Aboitiz Group’s UnionDigital Bank Inc. (UDB) has acquired 1.7 million customers with a $50 million deposit portfolio and $80 million loan portfolio. In an interview with reporters at the Singapore Fintech Festival, UDB Chief Revenue Officer Mark Singh called the first half of business operations “remarkable”. Singh said the […]