Tag Archives: banks
Southern Cross agrees extension of banking facilities – The Northern Echo
It said it was unlikely to be able to continue trading if it could not agree rent reductions with landlords and its banks withdrew a £50m credit facility that was only guaranteed to June 30. It has since reached agreement … Continue reading
Banks agree to delay Southern Cross tests – The Independent
Southern Cross’s lenders have postponed a test of its banking covenants until 31 May as the care homes group tries negotiate rent reductions with landlords in the wake of local authority spending cuts. Britain’s largest care homes operator, with 38,600 … Continue reading
Apartment Mortgages – Miami Daily Business Review
Miami Daily Business Review Apartment MortgagesMiami Daily Business Reviewefaults on US apartment mortgages held by banks fell in the second quarter from a record, the first sequential drop in almost three years, as rents and … and more » read more
NY Life tops 2Q list of fixed-annuities sellers – InvestmentNews
NY Life tops 2Q list of fixed-annuities sellersInvestmentNewsAnnuities with fixed rates have been harder to sell, but fixed indexed annuities have been easier for banks to move since they have a cap rate — the … and more » read more
Banks short change savers – Courier Mail
Banks short change saversCourier MailThe big four banks have trumpeted their decision to cap rate rises on their standard variable home loan rates at a quarter of a percentage point – matching … and more » read more
Banks short change savers – Trading Room
New Zealand Herald Banks short change saversTrading RoomThe big four banks have trumpeted their decision to cap rate rises on their standard variable home loan rates at a quarter of a percentage point – matching …Banks refuse to cap rate … Continue reading
Banks refuse to cap rate rise – Herald Sun
Banks refuse to cap rate riseHerald SunHousing affordability in Australia is set to take another hit today. Picture: Machnik Source: The Daily Telegraph … and more » read more
San Diego’s credit unions ba$king in big banks’ financial failures – San Diego Metropolitan
San Diego's credit unions ba$king in big banks' financial failuresSan Diego Metropolitan… including those at military bases in Japan and Korea, dragged down the capitalization rate to 4.4 percent, which the NCUA considers “undercapitalized. … and more » read more