lender

UK P2P Lender Zopa Nets $303M
UK P2P Lender Zopa Nets $303M
October 19, 2021  |  Investments

United Kingdom-based peer-to-peer (P2P) lender Zopa has generated just shy of $304 million in its latest fundraising effort, according to a blog post on the...

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Marqeta Helps UK SMB Credit Lender Expand Into Spain
Marqeta Helps UK SMB Credit Lender Expand Into Spain
June 30, 2020  |  B2B Payments

Card issuer Marqeta has been helping U.K.-based Capital on Tap to expand its small business credit lending services to Spain, a press release says. With Marqeta’s...

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Credit Suisse Eyes Its Supply Chain Finance Funds Amid Investor Scrutiny
Credit Suisse Eyes Its Supply Chain Finance Funds Amid Investor Scrutiny
June 24, 2020  |  Investments

Credit Suisse Group has started to look into funds invested in loans arranged by billionaire Lex Greensill and backed by Masayoshi Son’s SoftBank Vision Fund,...

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JPMorgan, Other Big Banks Front-Load $66B To Cover Bad Loans
JPMorgan, Other Big Banks Front-Load $66B To Cover Bad Loans
April 30, 2020  |  Loans

JPMorgan Chase was the biggest saver of funds in an effort by banks around the world to get ahead of a spate of bad loans...

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FTC Files Case Against RI Firm Allegedly Posing As SBA Lender; Company Claims Error
FTC Files Case Against RI Firm Allegedly Posing As SBA Lender; Company Claims Error
April 17, 2020  |  Legal

A Rhode Island company is facing allegations of falsely claiming to be an authorized lender for the Small Business Association’s (SBA) Paycheck Protection Program (PPP)....

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HSBC Overhaul May Be Delayed Over COVID-19
HSBC Overhaul May Be Delayed Over COVID-19
March 19, 2020  |  Banking

Noel Quinn has stepped into a full-time job as CEO of HSBC, and his first tasks in that job will involve strategizing around the colossal...

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HSBC Reorganization Slashes 35K Positions, $100B Assets
HSBC Reorganization Slashes 35K Positions, $100B Assets
February 18, 2020  |  International

Europe’s biggest bank by assets, HSBC, is slashing 35,000 jobs and $100 billion in assets as it moves to streamline business functions in the U.S.,...

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Ukraine Aims To Recover Lost Funds After Taking Ownership Of Privatbank
Ukraine Aims To Recover Lost Funds After Taking Ownership Of Privatbank
November 10, 2019  |  International

Ukraine is coming to terms with international lenders to settle an aid agreement concerning the nationalization of Privatbank, the country’s largest lender, Bloomberg reported on...

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Afterpay Boosts Governance Amid Regulatory Scrutiny
Afterpay Boosts Governance Amid Regulatory Scrutiny
July 02, 2019  |  Regulation

As the quickly growing lender bolsters its governance and faces scrutiny from a financial watchdog, Australia’s Afterpay Touch Group Ltd is said to be working...

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