I recently received an email from my mortgage broker warning me that my current home loan is due in seven months. I will switch to my lender’s standard variable rate …
lender
- Money
- Money
Superdry in talks with lender to secure an additional £20m of liquidity to fund turnaround plan
by Elijahby ElijahRetailer in talks with turnaround specialist Hilco amid weak demand By Mike Sheen Published: 05:57 EDT, March 12, 2024 | Updated: 05:57 EDT, March 12, 2024 <!– <!– <!– <!– …
- US
New York Community Bank shares sink 20% in one day (and the troubled lender has now lost two-thirds of its value in a month). Is Shark Tank star Kevin O’Leary’s prediction that the bank would fail in MONTHS coming true?
by Jackby JackShares of New York Community Bank fell 24 percent Friday morning after the struggling lender announced new leadership and reported an additional $2.4 billion loss. The bank, with 420 branches …
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Standard Chartered plans to donate at least $5 billion more to shareholders by 2026 The company recorded a new writedown of $150 million on the value of its stake in …
- Money
Barclays targets £2bn in cost savings as lender vows £10bn in payouts over the next three years
by Elijahby ElijahBarclays intends to restructure its business into five main divisions The banking giant hopes to return at least £10bn to investors by 2026 By Harry Wise Updated: 05:45 EST, February …
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NatWest Group reported pre-tax profits up a fifth to £6.2bn in 2023 Higher interest rates and loan volumes helped boost the company’s revenue. The Bank of England raised the UK …
- Australia
Commonwealth Bank CEO Matt Comyn admits record-high immigration is good for Australia’s biggest home lender as unemployment hits two-year high
by Elijahby ElijahThe well-paid chief executive of the Commonwealth Bank has admitted record immigration is good for Australia’s biggest property lender. Matt Comyn made the comment during an earnings presentation with analysts, …