Posts Tagged ‘loans’

US money funds cut lending to EU banks

Loans drop to another record low as holdings of Treasuries soar to levels reminiscent of those seen during the financial crisis View full post on Business Stories

U.S. consumers borrow most in 4 years

Americans borrowed more money in June than during any other month in nearly four years, relying on credit cards and loans to help get through a difficult economic stretch. View full post on Canada Business Stories

Regulators close banks in Ga., Fla., Ark., Minn.

Regulators have shuttered three small banks in Georgia and one each in Florida, Arkansas and Minnesota, raising to 157 the number of U.S. banks brought down this year by the struggling economy and soured loans. View full post on Business Stories

Chrysler To Repay Bailout Loans Before 2013

AHN News Staff Detroit, Michigan, United States (AHN) – Despite the slow recovery of Chrysler Group from the auto slump compared to Ford and General Motors, the company said it plans to repay its loans to the U.S. and Canadian governments before 2013. The settlement of the debt would allow Fiat SpA, which operates Chrysler, […]

Can Microlending Save Haiti?

Since the January earthquake, microbanks are struggling to keep credit flowing to Haitians who depend on loans to remain self-sufficient. View full post on Business Stories