Small investors quitting Wall Street: SEC boss (AFP)

AFP - The head of the US stock market watchdog said on Tuesday that individual investors have been turning away from equities since a May crash that exposed weaknesses in Wall Street's trading structure.

Proposal to cap housing loan won't dampen market, says minister

THE proposal to impose a 80 per cent loan-to-value ratio (LVR) for mortgages will not dampen the property market in the long run, said Minister of Housing and Local Government, Datuk Wira Chor Chee Heung. Nevertheless, Chor said, there is a need for a certain structure to ensure it will not be a burden for the lower-income group to own a house. "To enable the lower-income group to purchase house ...

Loan players top Sheff Utd wish list

Sheffield United will step up their bid to bring in several players on loan following the return of Simon Walton to parent club Plymouth. Walton arrived in the summer for a season-long loan, but the 22-year-old damaged cruciate knee ligaments during his first pre-season friendly at Mansfield and the two clubs have agreed to cancel the arrangement. Blades chief executive Trevor Birch said: "The ...

Credit union watchdog's dividend warning

The Registrar of Credit Unions says high dividends are no longer sustainable at many credit unions.

Credit unions 'must protect themselves'

Credit unions should put in place a robust governance framework and boards should avoid relinquishing too much control to managers, a conference was told today.

Thrift banks’ bad loans rise in March

Despite a decline in core lending from the previous quarter, latest data from the Bangko Sentral ng Pilipinas (BSP) said that the country’s thrift banks posted a slightly higher level of bad loans in March.

Final “Fix Your Mortgage,” FREE Foreclosure-Prevention Event in 2010 Happening on Chicago’s West Side, Oct. 16, at ...

--(BUSINESS WIRE)--Final “Fix Your Mortgage,” FREE Foreclosure-Prevention Event in 2010. Happening on Chicago’s West Side, Oct. 16, at Westinghouse College Prep. Free, professional assistance to help homeowners.

Top National Financial Relief Firm, Loan Solutions, Expands Facilities in South Florida

JUNO BEACH, Fla.----Loan Solutions, one of the nation's leading financial relief firms with a strong focus on loan modifications, has just completed its renovation and expansion to its new facility in Juno Beach, Florida.

Mortgage company may take title to Vero Fashion Outlets in federal bankruptcy case settlement

VERO BEACH — Vero Fashion Outlets mall federal bankruptcy filing may be settled by its mortgage holder taking title to the mall for an undisclosed amount, according to a motion the mall’s attorney filed in court.

Pompey loan bid for Lawrence

PORTSMOUTH are hoping to sign Stoke's Liam Lawrence on an emergency loan

Mortgage rates hit decades-low of 4.32%

Record-low mortgage rates have sparked a flurry of refinancing in Coshocton County, according to local bankers.

Pros and Cons of Interest-Free Student Loans

No-interest loans save students thousands, but involve hassles.

AIG seeks Sept 21 approval for AIA IPO: sources (Reuters)

Reuters - American International Group Inc plans to seek Hong Kong listing committee approval on September 21, to list its Asian life insurance unit, aiming to raise about $15 billion, two sources with direct knowledge of the deal said on Tuesday.

Tips for finding the cheapest auto loans

To find the best auto loans, do your research ahead of time by approaching local lenders. Here's how.

Credit Suisse poaches RBS Australia analyst -sources

SYDNEY, Sept 7 (Reuters) - Credit Suisse has poached John Heagerty from Royal Bank of Scotland as insurance analyst for Australia to replace Arjan van Veen, who moved to Hong Kong with the company in a regional role, two people with knowledge of the move said.

Loan quality in Indian banks deteriorated: Bhatt

There has been a steady deterioration in asset quality of banks in the last two years on account of heavy stress in credit card and personal loan product segments, a top banking industry official said today.

Credit Suisse Appoints Abbasi to Succeed Nargolwala as CEO of Asia-Pacific

Credit Suisse Group AG , Switzerland’s second-biggest bank, appointed Osama Abbasi as chief executive officer of its Asia-Pacific business.

'80pc loan mortgages will not dampen market'

The proposal to impose a 80 per cent loan-to-value ratio (LVR) for mortgages will not dampen the property market in the long run, said Minister of Housing and Local Government, Datuk Wira Chor Chee Heung.

'Loan mortgages move won't dampen mart'

The proposal to impose a 80 per cent loan-to-value ratio (LVR) for mortgages will not dampen the property market in the long run, said Minister of Housing and Local Government, Datuk Wira Chor Chee Heung. Nevertheless, Chor said, there was a need for a certain structure to ensure it would not be a burden for the lower-income group to own a house. "To enable the lower-income group to purchase ...

Credit Suisse names Abbasi as Asia-Pac CEO

Credit Suisse has put insider Osama Abbasi at the helm of the fast-growing Asia-Pacific region replacing Kai Nargolwala less than three years after hiring him from Standard Chartered .

Easier loans to students, investors on anvil: Kapil Sibal

Human Resource Development Minister Kapil Sibal has said the National Education Finance Corporation has been asked to provide easier credit rates to investors in the education sector and to facilitate flexibility in repayment of study loans by students.

Loan quality in Indian banks deteriorated: SBI chief

State Bank of India Chairman O P Bhatt said on Tuesday that loan quality in the banking sector had deteriorated in the last two years.

Mortgage sales jump 11% in August

Mortgage sales jumped 11 per cent in August as homebuyer confidence strengthened and mortgage delinquencies stabilised.

Loan quality in banks has deteriorated: Bhatt

Loan quality in banks has deteriorated: BhattLoan quality in banks has deteriorated: Bhatt

Credit Suisse Names Abbasi Asia CEO, Executive Board Member

Credit Suisse confirms Abbasi as new Asia CEO

SINGAPORE, Sept 7 (Reuters) - Credit Suisse confirmed on Tuesday it has appointed Osama Abbasi as chief executive Asia-Pacific, with current CEO Kai Nargolwala becoming non-executive chairman.

Credit Suisse Said to Update Price Guidance Ahead of Sale of Samurai Bonds

Credit Suisse Group AG , the second- biggest Swiss bank by assets, updated its price guidance for a planned sale of Samurai bonds tomorrow, according to a person with direct knowledge of the transaction.

China's 4 Largest Banks August New Loans 218.8 Billion Yuan, Caixin Says

China’s new loans in August for the four biggest banks were 218.8 billion yuan, Caixin Online reported today, citing shared data from the interbank market.

Student Loan Scrutiny Could Hurt Washington Post

The paper's Kaplan education unit may be battered by a crackdown on loan repayment rules

Australia Banks Should Raise Mortgage Rates This Year, UBS' Boubouras Says

Australian banks should raise mortgage rates before the end of this year independent of any increases by the nation’s central bank to soften the impact of rising funding costs, UBS AG said.

China Property Collateral in Loans for Third Homes, Business News Reports

Some individuals are using property as collateral to obtain consumption loans for buying third homes, the China Business News reported, citing some commercial banks in Shanghai.

Int'l lenders consider loans for Nabucco gas pipeline

Three international financial institutions agreed on Monday to consider loans totaling 4 billion euros (5.1 billion U.S. dollars) for the Nabucco gas pipeline, a key project to reduce EU dependence on Russian gas.

Mortgage broker avoids jail over $160,000 rip-off

A Christchurch mortgage broker who admitted ripping off a client to the tune of $160,000 has avoided a jail sentence.

Number of loans taken from 401(k) plans rising again

As of June 30, 21.9 percent of workers with 401(k) plans had loans outstanding, up from 19.3 percent in 2008, according to Fidelity Investments .

Credit Card Consolidation: Tips on Consolidating Credit Card Debt

Credit card consolidation programs can help many individuals lower their credit card debt and consolidate into a single and more affordable program. It’s a smart idea, to pay off your credit card debt with one loan that has a low interest rate. But according to Bankrate and Helium, here are some things you need to know before you take this route. When transferring debt into one card, make sure ...

Payday loans serve those banks reject

Over the years I’ve seen many articles critical of the short-term financial product commonly known as a “payday loan.” They have been termed abusive for their high interest rates and the fact that people often have multiple loans and fall into greater debt. I don’t challenge the fact that more of these loans go into default; it speaks to a larger problem: Where do people with credit issues get ...

UAE mortgage lending up 12.7% in H1 2010 – cenbank

Mortgage lending among the UAE's 51 banks rose by AED18bn to AED159.8bn in H1.

Mortgage data pool looms

(EXCLUSIVE) Homebuyers' mortgage histories are set to be shared among banks from next year - if the privacy commissioner gives the go-ahead.

Credit Agricole, Societe Generale To Meet Australia Debt Investors - Sources

Australia Mortgage Bond Rules Are Negative for Smaller Banks, Moody's Says

Australia’s regional banks face higher costs to sell mortgage-backed bonds after the regulator released new guidelines on how some notes should be treated when calculating reserve buffers, Moody’s Investors Service said.