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Ackermann Shunned ECB Loans for Reputation
Deutsche Bank AG shunned the three- year loans the European Central Bank offered to banks in December on concern taking the funds could damage its reputation with customers, said Chief Executive Officer Josef Ackermann.
www.businessweek.com
Demand for loans still strong - BSP
MANILA, Philippines - Strong demand for loans from enterprises and households has been sustained amid the low interest rate regime despite the economic slowdown last year, brought about by the weak global trade as well as the cautious spending by the Aquino administration, the Bangko Sentral ng Pilipinas (BSP) reported over the weekend.
ph.news.yahoo.com
Ackermann Shunned ECB Loans on Reputation Risk for Deutsche Bank
Deutsche Bank AG shunned the three- year loans the European Central Bank offered to banks in December on concern taking the funds could damage its reputation with customers, said Chief Executive Officer Josef Ackermann.
www.businessweek.com
China Limits Mortgage Loans for Foreigners, NDRC Says
China will limit mortgage loans for home purchases by foreigners to stem overseas investment in its property market as part of efforts to cool prices.
www.businessweek.com
Fitch Affirms MetLife Home Loans' U.S. RMBS Servicer Ratings; Assigns Stable Outlook
Fitch Ratings affirms the following U.S. residential primary servicer ratings for MetLife Home Loans :
finance.yahoo.com
Fitch: New York Loans Distort U.S. Multifamily CMBS Performance
Despite the second-highest delinquency rate among all property types, U.S. multifamily CMBS fortunes have significantly turned for the better in recent months, according to Fitch R
finance.yahoo.com
Prosper.com Funds More Than $300 Million in P2P Personal Loans
SAN FRANCISCO, CA-- - Prosper.com , a peer-to-peer lending marketplace for personal loans and investments, announced today that it has funded more than $300 million in P2P consumer loans since inception. ...
finance.yahoo.com
Loans boss 'to pay tax at source'
The head of the Student Loans Company will have tax and National Insurance payments deducted from his £182,000 pay package in future, ministers say.
www.bbc.co.uk
Ackermann Shuns ECB Loans Because of ‘Reputational’ Risk for Deutsche Bank
“The fact that we have never taken any money from the government has made us from a reputational point of view so attractive to so many clients in the world that we would be very reluctant to give that up,” Ackermann, 63, said on a conference call yesterday.
www.bloomberg.com
Banks ask borrowers to cover their personal loans
With corporate non-performing assets on the rise, banks want to hedge loans to individual borrowers.
www.rediff.com
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