[ad_1] Britain’s Chancellor of the Exchequer Rishi Sunak is seen at Downing Street amid the coronavirus disease (COVID-19) outbreak in London, Britain September 24, 2020. REUTERS/John Sibley LONDON (Reuters) –…
Tag: Consumer Lending (TRBC level 4)
UK watchdog says bank customers may need longer-term crisis support
[ad_1] LONDON (Reuters) – Britain’s banks may need to consider longer-lasting support for customers who continue to face difficulties with loan repayments after COVID-19 relief measures end in the autumn,…
More businesses will tap Fed loan program if economy worsens, Rosengren says
[ad_1] (Reuters) – A key Federal Reserve official told a congressional watchdog on Friday that participation in a $600 billion loan program meant to carry small and medium-sized firms through…
Danske Bank admits it knew of erroneous debt collection for years
[ad_1] COPENHAGEN, Sept 11 (Reuters) – Danske Bank admitted on Friday it had known for years that it was collecting outdated or excessive debt from customers and had not properly…
POLL-Norway central bank rates seen on hold next week, hike draws nearer
[ad_1] * reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/cb-polls?RIC=NOINTR%3DECI poll data * Unanimous expectation for unchanged rate of 0.0% on March 18 * Median prediction for hike is in Q1 2022 * Some economists eye hike…
UPDATE 1-China issues draft rules to regulate online micro-lending business
[ad_1] (Writes through with details, backgrounds) BEIJING, Nov 3 (Reuters) – China’s central bank and regulators issued draft rules on Monday to boost the oversight of online micro-lending as it…
France’s SocGen to close 600 bank branches in profitability push
[ad_1] PARIS (Reuters) – France’s Societe Generale on Monday accelerated plans to boost profitability by merging its two retail banking networks, resulting in the closure of 600 of its nearly…