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Biz2Credit hopes to use Magnati’s data to broker loans to small businesses in the UAE
About $10bn of loans have been refinanced in public markets as conditions improve due to rate cuts being on the horizon
Returns via buybacks and dividends higher than any year since before the financial crisis
Pay, appointments and exits revive tensions over chief who seemed to have strengthened his position
Idea of lenders structuring and securitising their way to lower capital requirements sets off alarm bells
Emerging-markets lender announces $1bn stock buyback as fourth-quarter profits surge almost tenfold
Plus, Mike Ashley battles Morgan Stanley and the Internal Revenue Service sets its sights on private jet travel
It’s apparently pretty easy to see
A number of high street lenders have increased cost of home loans in recent weeks
Billionaire claims bank treated Frasers Group ‘grotesquely’ in €50mn margin call dispute
Policymakers will carry forward €1.3bn annual deficit to offset against future profits for first time in its history
Financial Conduct Authority is investigating commissions on car financing deals dating back a decade
Bank’s Discover Financial takeover proposal faces an ‘aggressive sheriff’ in US antitrust regulators
Investors have punished Deutsche Pfandbriefbank for its exposure to the ailing American office market
Mark Sorrell and Gonzalo Garcia were excluded from operating group set up under chief David Solomon
London and Brussels should collaborate more on regulation
The pricing of new, so-called collateralised loan obligations has hit record levels so far this year
Billionaire tells court bank’s actions were ‘completely unbelievable’ as Frasers sues for €50mn
Shares close down 8.4% as lender takes several charges in ‘messy’ final quarter of 2023
Weakness in the region makes hefty payouts increasingly difficult to justify
Plus, two credit card lenders strike a megamerger and private lending gets another thumbs up from Michael Dell
Rising losses and a wave of distressed asset sales look inevitable in Europe too
Proposed design for digital pound makes it a product without an obvious market
Research by Which? reveals huge disparity between the best and the worst
Salary and bonus rise a combined 6% despite 40% decline in profits at bank in 2023
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