Investors in British multinational investment bank Barclays are challenging the institution to cease lending to companies linked to fossil fuel, said the Independent. These pension funds, which hold ₤130 billion worth of stakes in the bank, filed the landmark...
Lever Capital Partners, the premier provider of financing for commercial real estate investors in Nevada, has amended the Chapter 645B of NRS relating to commercial real estate lending in the state. Under the new arrangement, unlicensed lenders may now...
The United States President Donald Trump’s plan to impose tariffs on Chinese consumer goods is expected to have an impact on holiday spending. The imposition is slated to commence Sunday, December 15, 2019. Should the plan push through, approximately...
Alternative lender ThinCats has confirmed it will cease accepting money from casual investors following the decision to close its retail peer-to-peer lending platform and adapt an institution-only funding model. The announcement came days after peer-to-peer lending regulations came into...
The Federal Housing Administration (FHA) just announced that it will be increasing the maximum amount which can be claimed for reserve mortgages. Effective by 2020, the FHA will be increasing the reverse mortgage or Home Equity Conversion Mortgage (HECM)...
Last Saturday, December 7, 2019, the International Monetary Fund (IMF) has agreed to provide a loan for Ukraine amounting to $5.5 billion. According to the New York Times, the IMF’s decision shows its approval and support for President Volodymyr...
The United States President Donald Trump called for the World Bank on Twitter to stop loaning money to China.
Trump wrote last Friday, “Why is the World Bank loaning money to China? Can this be possible? China has plenty of...
The World Bank will be implementing a $1- to $1.5-billion annual lending plan to China. This program will last over a few years until 2025. CNBC noted that this comes despite objections from the United States.
This plan is in...
The lender firm Figure Technologies announced December 5, that it closed a $103-million Series C funding led by Morgan Creek Digital.
The company’s new and existing funding from investors reached a total of $225 million, bringing its valuation to $1.2...
Landbay, one of UK’s first P2P lenders, has closed its doors to retail investors following the introduction of new rules that had placed a limit on investments in P2P agreements for retail customers this June.
"We have taken the decision...
