With their share prices slumping and growth prospects dimming, many banks are trying to appease investors by initiating buyback programs.
Chairman Luke Johnson due to face investors at café chain’s meeting
When the mortgage giant will be released from government control is anyone’s guess, but the company’s third-quarter report shows signs of an easier transition.
Harvest is when farmers need funding the most. ProducePay has financed over $850 million of produce in under four years, disrupting traditional finance rules in the farm-to-table process.
Shenzhen business struggle to borrow as banks rebuff official calls for policy support
UK fund manager takes umbrage at index provider’s decision not to penalise companies that breach the principle of one share, one vote
The next downturn will come sooner rather than later, so bankers should press policymakers for several core improvements to the financial system before attitudes in Washington change.
Bankers complain that the quasi-governmental system’s new program designed to make more residential loans in four states goes well beyond its original mission.