The carnage in global stock and bond markets wrought by the trade war being waged between the United States and just about everybody else continues....
Wells Fargo reportedly sued JPMorgan Chase on Monday (March 10), alleging that the bank knowingly made a loan based on faulty numbers, knowing that the...
Leveraged loans were a popular method of financing during the pandemic. Now, with interest rates set to stay high, they’ve turned into a major headache,...
Santander UK has warned that macroeconomic challenges in the United Kingdom could impact credit quality. In its 2022 results announced on Thursday (Feb. 2), Santander...
The Bank of England (BoE) has reported an increase in small businesses defaulting on loans. In the findings of a survey of lenders in the...
Corporates across China have reached a record high for loan defaults in 2019, according to a Financial Times report from Thursday (Dec. 26). Corporate defaults...
China’s $9.1 trillion shadow banking industry is on the decline, which has led to a rise in private corporate defaults. The country’s regulators have gotten...
Much has been written about the student loan crisis in the U.S. There are now 44 million borrowers who collectively own $1.5 trillion in debt, making...
Bank earnings this week gave us a bit of insight into the momentum gained by bank-backed P2P payment network Zelle in 2018. For example, Bank...