Troubled UK lender Amigo agrees for shareholder to seek financing options
June 9 (Reuters) - Troubled British subprime lender Amigo Holdings (AMGO.L) said on Friday it had granted shareholder Michael Fleming...
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Major UK lender Halifax pushes up mortgage rates
LONDON, June 6 (Reuters) - Britain's largest mortgage provider Halifax will ramp up interest rates for new home loans on...
High inflation and recession risk – the Bank of England’s dilemma
LONDON, June 6 (Reuters) - The Bank of England is trying to curb an inflation rate that is running higher...
UK fines broker $21 mln for ‘cum-ex’ European tax scam
LONDON, June 5 (Reuters) - Britain's Financial Conduct Authority (FCA) has fined broker ED&F Man Capital Markets Ltd (MCML) 17.2...
Analysis: US hotel developers run out of cash as construction lending dries up
June 5 (Reuters) - Tighter lending standards from regional banks are making it harder for U.S. hotel developers to secure funding, slowing construction of new hotels at a time Americans' appetite for travel is ripe.Hotel developers, private equity firms, and general contractors told Reuters the financial stress on regional banks -- the largest lenders to hotels and other commercial real estate markets -- has forced developers to postpone projects or find other creative ways to raise capital.The hotel industry's predicament highlights the impact on the broader U.S. economy of the...
Crypto insurer Evertas authorized to offer largest single crypto insurance policy
NEW YORK, June 2 (Reuters) - London-based Arch Insurance International has authorized cryptocurrency insurer Evertas to increase the coverage limit...
EU watchdogs see greenwashing across the bloc’s financial sector
LONDON, June 1 (Reuters) - Banks, insurers and investment firms across the European Union have made "misleading claims" about their...
EU to propose greater transparency for default swaps on eight banks
LONDON, May 31 (Reuters) - The European Commission will propose greater transparency in the trading of credit default swaps of...
EU seeks compromise over PFOF ban in share trading
LONDON, May 31 (Reuters) - The European Union's executive body has proposed a five-year delay on plans for a bloc-wide...
Default wave imminent, will peak in 2024- Deutsche Bank
Deutsche Bank building before the bank's annual news conference in Frankfurt, Germany, February 2, 2018. REUTERS/Ralph OrlowskiLONDON, May 31 (Reuters)...
