Bank

African Development Bank’s Technologies for African Agriculture Transformation Initiative Wins National Association of Black Journalists’ Honors of Excellence Award

America’s largest organization of journalists and media professionals of color has named the African Development Bank (www.AfDB.org) the winner of the Bank’s “Salute to Excellence” award for communications around its Technologies for the transformation of African agriculture. The National Association of Black Journalists cited the Bank’s excellence in media relations and online marketing for the […]

Credit cards

Long Island Crime: Group suspected of deceiving and stealing credit cards from shoppers in Suffolk County parking lots

SUFFOLK COUNTY, Long Island (WABC) — Police are looking for suspects they believe targeted and robbed women in Suffolk County store parking lots. In the past month, at least 10 similar incidents have been reported where the victim is approached by an individual asking for directions. In the most recent robbery, on August 10, a […]

Bank

Don’t bet on selling your small business to fund your retirement

Retirement may be looming like a dark cloud for small business owners. Many invest blood, sweat, and tears — and every penny — in building their business, but never put money aside for the future. A large number of entrepreneurs said they have no retirement savings. For some, selling the business is their only retirement […]

Credit score

Medical debt will be surgically removed from your credit score

For sharper, insightful business and economic news, subscribe to The daily advantage newsletter. It’s completely free and we guarantee you’ll learn something new every day. Your credit score may soon have a healthier glow. On Wednesday, VantageScore, a Big Three credit scoring provider, said it would stop factoring medical debt into its scores. Road to […]

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Ryan J. Rusak: Don’t bet on Trump or the FBI | Columnists

Ryan J. Rusak Fort Worth Star-Telegram Supporters quickly retreated to their corners late Monday when news broke that the FBI had raided the Florida home of former President Donald Trump. Republicans – including many elected officials in Texas – and far-right commentators have said the United States is a banana republic, where the ruling regime […]

Corporate bonds

Rate hikes fuel demand for corporate bonds

Mumbai: Corporate bond issuance rose more than 16% month-on-month in July to Rs 58,452 crore due to lower yields on these instruments. Further rate hikes guided by various central banks will be data-driven and more situational. This boosted demand for papers as investor appetite improved. According to data from the Prime database, banks and corporates […]

Bank

Food Bank of Iowa Breaks Ground in Des Moines Distribution Center Expansion

The addition will add 30,000 square feet of space to the facility. DES MOINES, Iowa — The Iowa Food Bank broke ground on Monday to expand its facility in the heart of the metro. They will add approximately 30,000 square feet to their distribution center. “The Iowa Food Bank is out of space,” said Michelle […]

Credit score

Equifax confirms sending bad scores to lenders

One of the three major credit bureaus in the United States reported an error credit scores to lenders for several weeks this spring, a mistake that could have resulted in people applying for loans paying higher interest rates — or not being approved at all. Equifax confirmed the error on Tuesday, saying in a statement […]

Corporate bonds

Why BlackRock prefers corporate bonds to stocks in this market

The world’s largest asset management firm explains why it has turned to investment-grade bonds as the market focuses on an impending downturn. Investment-grade bonds now look more attractive to BlackRock than equities, as attractive valuations, strong balance sheets and moderate rollover risks suggest they may hold up better in a downturn. The group – which […]

Bank

Bank promotes Holzhauer | New

First Community Bank announced that Fred Holzhauer has been promoted to senior vice president, branch/loan manager for the financial institution’s Cherokee Village location. Having a total of 18 years of experience in banking and finance, Holzhauer has served as a branch/loan manager since joining the bank in 2007. In addition to generating and managing its […]

Corporate bonds

UK corporate bonds see biggest fall in 20 years

The traditional 60/40 investment portfolio solution faces a major challenge as nearly £3bn has been wiped off the value of UK corporate bonds since the start of 2022. Research from digital asset manager Collidr found in the first six months of this year that total outstanding UK corporate bonds fell 13.3% from £2.2bn to £1 […]

Credit score

How is my credit rating affected after “loan settlement”? How is settlement different from closing?

Are you having difficulty repaying your loan on time? Can’t meet your repayment obligations? Do you intend to seek a loan settlement with your lender? Does your lender offer you the option of a single settlement? If you are looking to settle your debt with your creditors to free yourself from the cycle of late […]

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Newcastle prove they don’t need to break their bank to mount a serious challenge – national verdict

A national media look at Newcastle United’s win over Nottingham Forest.. Newcastle proved there was no need to ‘break the bank’ to complete the challenge The Telegraph Jason Mellor says Newcastle may not need to break the bank to “mount a sustained challenge at the peak end of the league”. Mellor wrote: “Forest will not […]

Bank

Hong Kong central bank pours liquidity to stabilize pegged currency, higher mortgage rates ensue

On Aug. 5, Hong Kong’s central bank bought the largest amount of its currency in one day since May 12 — HK$14.161 billion (about $1.80 billion) — to keep it from weakening. further and break its peg to the US dollar. On July 28, after the US Federal Reserve announced a 75 basis point rate […]

Bank

Beware of scammers pretending to be from your bank stealing from you using Zelle

There’s this high school librarian driving down the road, and her cell phone rings. Paige Portele, the librarian at Garland ISD, looks at her phone. Caller ID says the call is from his bank, Wells Fargo. She answers. The man knows her name, cell phone number, school email address, and checking and savings account numbers. […]

Credit cards

The 4 Best Credit Cards for Everyone’s Wallet

Detroit, Michigan –Direct News– find the better credit card for your lifestyle is not always easy. Luckily, these four are a great starting point. Secure credit card A secured credit card is a type of credit card backed by a cash deposit. The deposit serves as collateral to protect the lender in the event of […]

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How to vacation aboard a yacht charter without breaking the bank

A yacht charter is an exciting and unique vacation to experience at least once. With many of these charters offering delicious cuisine, beautiful sea views and an interesting itinerary, guests will enjoy every moment of their vacation. As with such luxurious experiences, yacht charter vacations are often expensive, but there are ways to enjoy them […]

Corporate bonds

Kwong Lung: To purchase Koutou’s private placement common unsecured corporate bonds.

Statement 1.Name and nature of the underlying security (if preferred shares, the terms and conditions of issuance shall also be indicated, e.g., dividend yield): Koutou’s first private placement unsecured ordinary corporate bonds in 2022 2.Date of occurrence of the event:2022/08/04 3.No., unit price, and monetary amount of the transaction:NT$50,000,000 4.Counterparty to the trade and its […]

Bank

RBA interest rates: ANZ joins Commonwealth Bank in passing on full 0.50 percentage point rate hike

ANZ followed Commonwealth Bank’s lead in passing on the full 0.50 percentage point hike to its customers. The big bank made the decision just hours after its rival said it would pass on the hike to variable rate mortgages and a savings account by 0.50 percentage points. ANZ’s increased mortgage rates will be effective for […]

Corporate bonds

Some investors doubt the summer surge in U.S. corporate bonds will last

A meteoric rebound in U.S. corporate bonds is being met with skepticism by some investors, who believe the gains may be short-lived as recession fears cloud the outlook for the $10 trillion market. Hopes that the Federal Reserve will be less aggressive than expected in its fight against inflation have contributed to a powerful rebound […]

Corporate bonds

Analysis: Some investors doubt the summer surge in corporate bonds will last

A trader works on the floor of the New York Stock Exchange (NYSE) as a screen shows Federal Reserve Board Chairman Jerome Powell at a press conference following a rate announcement the Fed, in New York, U.S. July 27, 2022. REUTERS/Brendan McDermid/File Photo Join now for FREE unlimited access to Reuters.com Register NEW YORK, Aug […]

Corporate bonds

Facebook Parent Meta Platforms Explores First-Ever Corporate Bond Sale: Report

The parent company of Facebook Meta Platforms Inc. META, +1.88% reportedly asked banks to consider demand for a possible corporate bond sale — what would be the tech giant’s first, according to a Bloomberg News report. According to the Bloomberg report, the company allegedly asked Morgan Stanley MS, -0.12%, JPMorgan Chase & Co. JPM, -1.22%, […]

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ED seizes Rs 415-Cr assets of 2 builders in India’s biggest bank fraud case

The Law Enforcement Directorate (ED) said on Wednesday that assets worth Rs 415 crore of arrested Maharashtra builders Avinash Bhosale and Sanjay Chhabria had been seized. The seizure was made in connection with the money laundering case linked to the Yes Bank-DHFL bank loan fraud. Both builders were arrested by the federal agency in the […]

Credit cards

Conveniently Paying Asiri’s Hospital Bills With Seylan Credit Cards – The Island

By Hiran H. Senewiratne Michelin Sri Lanka, formerly Camso Loadstar, market leader in solid tyres, air tires and tracks for export, plans to invest in Sri Lanka’s largest tire warehouse, named Export Greenfield. “Michelin’s establishment in Sri Lanka reaffirms people’s trust in it. Its specialty products in the country are solid tires, air tires and […]

Credit cards

3 suspects wanted for allegedly stealing credit cards from cars at Fox Chapel field club

Law enforcement sources told Channel 11 that two men and a woman were wanted, accused of dressing the role in polo shirts and golf gear and sneaking into the parking lot of the Pittsburgh Field Club at Fox Chapel. They are accused of stealing credit cards from cars. Sources say the trio of seasoned criminals […]

Credit score

How to improve your credit score (2022)

If you’re looking for ways to improve your credit score, there’s no quick fix. However, you can boost your credit score with major credit agencies by using the seven tips below. 1. Read your credit report It helps to understand what works in your favor and what doesn’t as you learn how to improve your […]

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NGO: Israeli soldiers arbitrarily deny entry permits to West Bank Palestinians

“There is no system watching you. If someone bothers you, you can tell that person to scat’ Israeli soldiers serving in the Civil Administration in the West Bank allegedly arbitrarily deny Palestinians permits to enter Israel, according to a report released Monday by an NGO citing former soldiers. Breaking the Silence, a group of former […]

Bank

Centric Bank Promotes Maura Cohen to Vice President, Head of Mortgage Services and Consumer Lending

HARRISBURG, Pa., August 1, 2022 /PRNewswire/ — Centric Bank has promoted Maura E. Cohen to the Vice President, Director of Mortgage Services and Consumer Lending, announces Patricia (Patti) A. HusicChairman and CEO of Centric Bank and Centric Financial Corporation (OTC Pink: CFCX). Centric Bank has promoted Maura E. Cohen to Vice President, Director of Mortgage […]

Corporate bonds

Grand Fortune Securities: managed the domestic unsecured conversion of corporate bonds through a private placement

Statement 1.Date of the board of directors resolution:2022/04/18 2.Name of the corporate bonds:Private placement of domestic unsecured convertible corporate bonds. 3.Total amount issued:Up to NT$500 million. 4.Face value per bond:NT$100,000. 5.Issue price:At not less than 80% of the theoretical price. 6.Issuance period:three years. 7.Coupon rate:The coupon rate is 0%. 8.Types, names, monetary values and stipulations […]

Corporate bonds

Corporate bonds will rally as outlook brightens in second half

An employee counts cash at a bank in Hai’an County, Jiangsu Province. [Photo/China Daily] While economic growth is expected to gradually rebound in the second half of the year, corporate bond issuance is expected to increase over the coming months as risks remain broadly contained. About 9.1 trillion yuan ($1.3 trillion) to 9.3 trillion yuan […]