credit

Activist investor RBR launching campaign to break up Credit Suisse: FT

4 days ago DieselGasoil Comments Off on Activist investor RBR launching campaign to break up Credit Suisse: FT
(Reuters) – Activist investor RBR Capital Advisors is launching a campaign for breaking up Swiss bank Credit Suisse Group AG (CSGN.S) into three parts, the Financial Times reported on Monday. RBR Capital Advisors will reveal its plan later in the week at a conference in New York, the report added. According to the report, the Read More

Poland says no thanks to $9.2bn credit line from IMF

5 days ago DieselGasoil Comments Off on Poland says no thanks to $9.2bn credit line from IMF
Published time: 16 Oct, 2017 10:29 Warsaw will withdraw from the International Monetary Fund’s precautionary Flexible Credit Line (FCL) worth billions of dollars, according to the country’s finance ministry. “We are resigning from a $9.2 billion credit line from the IMF. The Polish economy is in such a good situation that we can do it,” Read More

KNOWLES CORP SAYS ENTERED NEW CREDIT AGREEMENT​ ‍ON OCTOBER 11

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Oct 13 (Reuters) – Knowles Corp: * KNOWLES SAYS ‍ON OCTOBER 11, 2017, KNOWLES CORPORATION ENTERED INTO A NEW CREDIT AGREEMENT​ – SEC FILING * KNOWLES CORP – ‍COMMITMENTS UNDER NEW CREDIT FACILITY WILL TERMINATE, AND LOANS OUTSTANDING THEREUNDER WILL MATURE, ON OCTOBER 11, 2022​ * KNOWLES – ‍NEW CREDIT FACILITY PROVIDES FOR 5-YEAR CREDIT Read More

WRAPUP 1-Consumer credit casts cloud over JPMorgan and Citi

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NEW YORK (Reuters) – JPMorgan Chase & Co (JPM.N) and Citigroup Inc (C.N) on Thursday said they had set aside more money for credit card lending losses in the third quarter, stoking concerns about consumer indebtedness and overshadowing profits that topped analyst estimates. Wall Street has ramped up credit card lending amid a slump in Read More

Simmons First National enters Revolving Credit Agreement with U.S. Bank National Association

1 week ago DieselGasoil Comments Off on Simmons First National enters Revolving Credit Agreement with U.S. Bank National Association
Oct 11 (Reuters) – Simmons First National Corp * Simmons First National – ‍on October 6, 2017, co entered into a Revolving Credit Agreement with U.S. Bank National Association and executed unsecured revolving credit note​ * Simmons First National- co may borrow, prepay and re-borrow up to $75 million for purposes of financing distributions, financing Read More

MOVES- Credit Suisse, ING Bank, Advent International

1 week ago DieselGasoil Comments Off on MOVES- Credit Suisse, ING Bank, Advent International
Oct 11 (Reuters) – The following financial services industry appointments were announced on Wednesday. To inform us of other job changes, email moves@thomsonreuters.com. CREDIT SUISSE GROUP AG The bank has elevated two of its senior bankers in Asia, naming one as chairman of its Hong Kong operations and promoting another to chief executive for Greater Read More

This App Lets You Pay Any Bill You Want Through Your Credit Card

1 week ago DieselGasoil Comments Off on This App Lets You Pay Any Bill You Want Through Your Credit Card
Shutterstock photo When Eliot Buchanan moved to America from Canada to attend Harvard University, it never occurred to him the biggest nuisance of attending one of the preeminent universities in the world would be simply paying his tuition. Because he had just gotten a social security number, and therefore had no credit, Buchanan typically had Read More

Lockheed Martin enters into extension agreement to its $2.5 bln credit agreement ​

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Oct 10 (Reuters) – Lockheed Martin Corp * Lockheed Martin says ‍effective Oct 9 entered into extension agreement to its $2.5 billion 5-year credit agreement dated as of October 9, 2015 – SEC filing​ * Lockheed Martin Corp – ‍amendment extends expiration date of credit agreement by one year from October 9, 2021 to October Read More

Camping World Holdings says co's unit entered into a second amendment to credit agreement

2 weeks ago DieselGasoil Comments Off on Camping World Holdings says co's unit entered into a second amendment to credit agreement
Oct 10 (Reuters) – Camping World Holdings Inc * Camping World Holdings Inc – ‍on October 6, unit entered into a second amendment to credit agreement dated as of November 8, 2016​ – SEC filing * Camping World Holdings Inc – ‍second amendment raises borrower’s term loan facility by $205 million to current outstanding principal Read More

Credit monitor TransUnion hires new Washington lobbyists

2 weeks ago DieselGasoil Comments Off on Credit monitor TransUnion hires new Washington lobbyists
WASHINGTON (Reuters) – Credit monitoring firm TransUnion added to its lobbying roster in Washington in early October after news of a hack at its competitor Equifax brought more government scrutiny to the industry. TransUnion, which already had three lobbying shops under contract, added CGCN Group, a Republican firm that lobbies on a myriad of topics, Read More