Posts Tagged ‘Banks’

Why agency wants to become a lender

Q: What is NAMA doing now? Isn’t it supposed to just buy property loans off the banks? View full post on All Stories

€16bn of small project loans won’t go to NAMA

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

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

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

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

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

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

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

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

Banks say fewer consumer loans are going bad

Americans are starting to get their household finances in order. View full post on All Stories

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