Loans
Market research firm S&P Global alerted that banks around the world could face around $2.1trn in credit losses as a result of the pandemic, citing […]
Bank stocks should climb higher once ‘disconnect’ with economy settles, says analyst
Bank analyst for Wells Fargo Mike Mayo (pictured) said banks are undervalued by the stock market, pointing to a “disconnect” between the banking sector’s strong […]
Groundhog Day for American Airlines: Investors betting carrier will default on debt
Investors are placing bets that troubled American Airlines will be forced to file for bankruptcy for the second time in a decade. The Fort Worth-based […]
Centric Brands files for Chapter 11 bankruptcy, secures $435m from creditors
US fashion group Centric Brands has filed for Chapter 11 bankruptcy as part of a restructuring agreement that is likely to see it emerge as […]
Interview: Funding Options chief executive Simon Cureton – Chancellor’s £350bn business loan scheme leaves fintech lenders out in the cold
Millions of Britain’s small businesses are desperate for cash to cover wages a month into the coronavirus lockdown – but the alternative finance industry feels […]
UK fintech lenders sidelined in government’s £330bn bid to fund small firms
The British Business Bank has added five new lenders to the Coronavirus Business Interruption Loan Scheme (CBILS) task force – The Co-operative Bank, Cynergy Bank, […]
Crediful chief executive: Subprime mortgages are already making a comeback
In a recent interview with Learnbonds.com, the chief executive at Crediful.com, Chane Steiner has warned that the subprime mortgages that contributed to the 2007/08 recession […]
Google Searches for Business Loan Up by 317% Amid Coronavirus Pandemic
Worldwide interest in business loans continues to rise dramatically on a search engine Google. Data gathered by Learnbonds.com indicates that between the first week of […]
Funding Circle cuts jobs and sees losses widen
Peer-to-peer lender Funding Circle saw full-year losses widen after booking substantial losses in its German and Dutch markets. The FTSE 250 firm posted an £84.2m […]
Challenger bank OakNorth almost doubles profit, but growth slows
OakNorth almost doubled profit last year hitting £65.9m, as the challenger bank saw the number of savers who trust the business with their deposits jump […]