Banks face more than a million outstanding UK COVID loans

[ad_1] Rows of houses lie in front of the Canary Wharf skyline in London, Britain, March 19, 2023. REUTERS/Henry Nicholls/File Photo Acquire Licensing Rights LONDON, Nov 3 (Reuters) – Britain’s…

India’s LIC Housing Finance beats Q2 profit view on loan demand

[ad_1] BENGALURU, Nov 1 (Reuters) – India’s LIC Housing Finance (LICH.NS) reported a second-quarter profit on Wednesday that was slightly ahead of analysts’ estimates on the back of healthy demand…

RBC injected about $3 billion this year into US unit to boost capital

[ad_1] Security cameras point towards pedestrians outside the Royal Bank of Canada (RBC) headquarters in Toronto, Ontario, Canada March 16, 2017. Picture taken March 16, 2017. REUTERS/Chris Helgren/File Photo Acquire…

Discover Financial jumps 7% after agreeing with FDIC to improve consumer compliance

[ad_1] The Wall Street sign is pictured at the New York Stock exchange (NYSE) in the Manhattan borough of New York City, New York, U.S., March 9, 2020. REUTERS/Carlo Allegri/File…

SocGen open to sale of Equipment Finance unit in strategy review -sources

[ad_1] People walk past a logo of French bank Societe Generale in front of the company’s skyscraper at the financial and business district of La Defense near Paris, France September…

Discover Financial CEO Roger Hochschild steps down

[ad_1] Aug 14 (Reuters) – Digital banking firm Discover Financial Services (DFS.N) said on Monday Roger Hochschild would step down as chief executive officer and a member of the board.…

BoE says negative rates option needs more time, focuses on recovery

[ad_1] LONDON, Feb 4 (Reuters) – The Bank of England gave British lenders at least six months’ breathing space on Thursday before negative interest rates are a possibility, focusing instead…

RBI relaxes restrictions on HDFC Credila regarding addition of new customers

[ad_1] BENGALURU, June 27 (Reuters) – Housing Development Finance Corporation (HDFC) (HDFC.NS) on Tuesday said the Reserve Bank of India has relaxed restrictions on its education finance arm, HDFC Credila,…

Bank of America to expand in four US states, closing gap with JPMorgan

[ad_1] [1/6]A general view of the Bank of America financial center in New York City, U.S., June 26, 2023. REUTERS/Brendan McDermid NEW YORK, June 27 (Reuters) – Bank of America…

Exclusive: Canada bank regulator says lenders should urgently tackle risks from mortgage extensions

[ad_1] TORONTO, June 13 (Reuters) – Canada’s financial regulator is urging lenders to tackle risks from mortgage extensions at the “earliest opportunity” as many borrowers try to navigate higher mortgage…