The Brazilian government is raising funding for farmers of about $57.7 billion to sustain a large deficit of produce this 2019 to 2020.
Because the funding is still limited, Agriculture Minister Tereza Cristina Dias said that the government is looking...
In light of serious environmental change issues, 11 banks are adding climate impact in their list of standards for lending to players in the shipping sector, says CNBC. This move is intended to significantly decrease the carbon dioxide emissions...
Last Friday, June 14, 2019, the Department of Justice dismissed the lawsuit filed against Quicken Loans. The news follows Quicken Loans’ decision to settle over its involvement in the Federal Housing Authority’s lending program. The settlement totals to $32.5...
For the first time in nearly three years, mortgage lenders in the U.S. turned optimistic about profits in the second quarter as falling interest rates led to a surge in demand for home loans, a recent Fannie Mae survey...
The Star reports that Wall Street Banks are directing their funds towards start-up technology companies in China with values pegged over $1 billion. These banks are lending billions to Chinese tech unicorns after their billion-dollar loans to start-ups in...
Most of the apps of top U.S. banks have security issues that put user data at risk, according to a report by Zimperium, a security firm.
The researchers downloaded the iOS and Android apps of banks and scanned for issues...
Peer-to-peer (P2P) lending companies in South Korea are experiencing a record-breaking high delinquency rate, reports Xinhua. This comes after property development loans turned out to be unsuccessful.
Data from the sector shows that the delinquencies in 45 South Korean P2P...
On June 6, 2019, Possible Finance announced its successful round of funding. The company closed a whopping $10.5 million in funding under the Series A equity financing, reports Mena FN.
The press release states that Canvas Ventures led the recent...
Phoenix, one of the largest cryptocurrency market platforms in the world, announced on Thursday, June 6, that lenders in its bitcoin margin lending pool lost around 1800 BTC, which is roughly around $13.5 million at current market prices, due...
Bank of America has recently warned that leverage loans can impact the stable U.S. economy.
BoA CEO Brian Moynihan said that the problems from this kind of loan are not yet evident as the country's economic expansion continues and companies...
