Q: What is NAMA doing now? Isn’t it supposed to just buy property loans off the banks? View full post on All Stories
Posts Tagged ‘Banks’
€16bn of small project loans won’t go to NAMA
April 5th, 2011
davidguide THE Department of Finance has insisted there is no prospect of €16bn worth of “small” development loans transferring over to Nama, even though some banks believe this may “potentially” happen. View full post on All Stories
Budget 2011: OFT in ‘loans for audits’ investigation
March 24th, 2011
davidguide The links between Britain’s banks and the biggest accountancy firms are to be investigated over suspicions that business borrowers are being forced to pay for audits in return for securing loans. View full post on All Stories
Fed must name banks getting loans
March 21st, 2011
davidguide WASHINGTON, March 21 (UPI) — The U.S. Supreme Court Monday refused to block a lower-court ruling ordering the Federal Reserve to release the names of banks receiving emergency loans. View full post on All Stories
Two more banks to repay TARP loans
March 19th, 2011
davidguide WASHINGTON, March 19 (UPI) — Two large U.S. banks said they would repay emergency government loans from the TARP program after the Federal Reserve relaxed bank restrictions this week. View full post on All Stories
Budget 2011: Higher tax relief on provisions for bad loans in works
February 12th, 2011
davidguide Banks are worried that if the concession is not provided then their profits could take a hit as the banking regulator, RBI, has increased the provisioning requirement. View full post on All Stories
Tax refund anticipation loans dealt blow by technology, IRS
January 29th, 2011
davidguide The loans, often called “rapid refunds,” are provided by tax preparers in partnership with banks, which provide the funding. View full post on All Stories
Banks bundled ‘deficient’ loans: crisis panel
January 28th, 2011
davidguide Big banks accepted substandard loans for securitizations in the buildup to the financial crisis, even though a third party hired to examine the loans rejected many as deficient, a crisis-inquiry panel says. View full post on All Stories
Splitting U.K. Banks Seen as Safer
January 23rd, 2011
davidguide U.K. banks combining retail and investment banking might need to be split up to safeguard the broader financial system and economy, the head of a government-appointed body studying banking changes said. View full post on All Stories
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