Yields increase amid continuing worries over Greece after its ratings downgrade but a sharper jump is avoided on rising hopes of fresh rescue loans
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Containing Greek debt crisis is top priority: Analysts
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on May 29, 2011
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Europe has survived another week of Greece’s debt saga but must decide on new loans to Athens and take care that potential remedies do not kill the patient or its neighbours, analysts say.
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US Postal Service still losing billions of dollars
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on May 11, 2011
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US Postal Service says it will be forced to default on government loans unless it gets some help.
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Greek Leader Irked by Speculation on Debt
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on May 7, 2011
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European officials acknowledge that Greece needs its loans adjusted after new figures showed a deep recession and higher-than-forecast fiscal debt.
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Chase boosts Illinois small-biz lending
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on April 27, 2011
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Chase, Chicago’s biggest bank, said it boosted its small-business lending in Illinois by 24 percent in 2010, making more than $750 million in loans to 21,754 businesses statewide.
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Revenue Growth Sluggish for Citigroup and JPMorgan
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on April 21, 2011
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NEW YORK, NY–(Marketwire – Apr 21, 2011) – Major Banks have begun to post improved credit quality. More thorough and cautious credit checks have led to fewer delinquent loans and greater financial …
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SBI hikes lending rate by 25 bps; loans to become costlier
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on April 19, 2011
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The bank has revised the base rate upwards by 25 basis points (bps), or 0.25%, to 8.50% effective from 25 April, SBI said in a statement
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Japan Banks Post Losses, Shares Fall on Tepco Plan
reported fourth-quarter losses on Friday as shares of Japanese banks slid after government comments appeared to indicate banks may be asked to forgive some loans related to Tokyo Electric Power and …
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