Bad credit motorcyle loan
Sept. 10 (Bloomberg) — Australian banks face declining profits in the next year as credit growth slows, bad debts increase and funding costs rise, Fitch Ratings said in a report.
Lehman still has $52 bln of real estate, leveraged loan exposure (Market Watch)
Lehman Brothers says that it slashed mortgage and leveraged-loan holdings in recent months, but the brokerage firm still has at least $52 billion of exposure to these assets.
Lehman tries to soothe Wall Street with asset sale after bad bets on real estate (Whistler Question)
NEW YORK - Lehman Brothers put itself on the block Wednesday as part of a last-ditch effort to rescue the investment bank from bad bets on real estate-related holdings that have already laid low other storied Wall Street firms.
Improving credit is a must in bad economy (The Huntington Herald-Dispatch)
HUNTINGTON — Reality is setting in. Yes, the lazy, hazy, crazy days of summer are coming to a close, and to prove it, the vacation and back-to-school bills are arriving.
PBOC OKs Increase In Foreign Bks’ New Yuan Loan Quota-Official (Nasdaq)
BEIJING -(Dow Jones)- China’s central bank has relaxed credit controls on foreign banks by allowing them to apply for an increase of up to 15% in the amount of new yuan loans they can arrange this year, as long as the loans are for small- and medium-sized enterprises and environmentally friendly projects, a representative for European businesses in China said Tuesday.
