Category: Credit
-
Viola Credit closes $600m of $1.5b credit fund
•
Viola Credit, a global asset fund that provides credit to emerging companies, today announced the first close of its $600 million third fund, designed to provide asset-backed credit to global fintech companies. Viola Credit says this is the first phase of a $1.5 billion deal, which will fully close in…
-
Hedge fund investor appetite hit by high fees and private credit, says Goldman Sachs By Reuters
•
By Neil Mackenzie LONDON (Reuters) – Global investors’ appetite for more expensive multi-strategy hedge funds has declined, Goldman Sachs said in a report to clients seen by Reuters on Friday, even though more investors plan to add hedge funds to their portfolios. Goldman Sachs data from a survey of more…
-
Senate Democrats tee up vote on child tax credit in election-year pitch to families
•
Breadcrumbs Path Links BMW PMN Business Article author: Associated Press Kevin Freaking Published on August 1, 2024 • Read for 4 minutes You can save this article by registering for free here. Or log in if you have an account. FILE – Senate Majority Leader Chuck Schumer, D-N.Y., delivers remarks…
-
Top 10 Apps To Buy Crypto With Credit Card In 2024
•
In today’s fast-paced digital world, the ability to buy crypto with a credit card represents a pivotal bridge between traditional finance and the burgeoning cryptocurrency ecosystem. This convenience not only simplifies the process for newcomers eager to explore the crypto space but also caters to seasoned investors looking for swift…
-
Credit Agricole: GBP remains a best G10 FX bet despite risk aversion
•
GBPUSD Daily Credit Agricole sees sterling as one of the best performing G10 currencies, despite recent setbacks due to a return to risk aversion and firmer-than-expected UK inflation. Sterling’s relative strength is driven by expectations that the Bank of England will hold interest rates steady, cementing its position as the…
-
Credit Agricole: GBP remains a best G10 FX bet despite risk aversion
•
GBPUSD Daily Credit Agricole sees sterling as one of the best performing G10 currencies, despite recent setbacks due to a return to risk aversion and firmer-than-expected UK inflation. Sterling’s relative strength is driven by expectations that the Bank of England will hold interest rates steady, cementing its position as the…
-
Universal credit tax rate hindering employment efforts
•
The new government must address the 55% effective tax rate on Universal Credit recipients if it aims to reduce unemployment. This is what Robert Salter, technical director at tax and audit consultancy Blake Rothenberg, pointed out, highlighting the issue in light of the recent King’s Speech, in which the government…
-
Blackstone taps Citi veteran Tyler Dickson for a key role in credit business By Reuters
•
(Reuters) – Private equity firm Blackstone said on Tuesday it has hired Tyler Dixon, the former global head of investment banking at Citigroup, to lead client relationships for its credit and insurance unit. The new role will oversee the Institutional Client Solutions team at Blackstone Credit & Insurance (BXCI), and…
-
First GST/HST credit payment coming July 5
•
Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. Article Content OTTAWA — The first of four payments of the GST/Harmonized Goods and Services Tax Credit is scheduled to arrive in Canadians’ bank accounts on…
-
CGI acquires Celero’s business serving credit union clients across Canada By Investing.com
•
Stock market symbolsGIBA (TSX)GIP (New York Stock Exchange)cgi.com/newsroom Acquisition expands CGI’s managed services offerings to more than 90 credit unions nationwide Montreal, July 4, 2024 CGI Corporation (TOKYO:GIB.A) (NYSE:GIB) today announced the acquisition of the credit union business of Celro, which serves customers throughout CanadaThis transaction consists of key service…
-
Mwananchi Credit blocked from selling seized lorries in Sh9.2m row
•
Mwananshi Credit has failed in its attempt to lift an injunction preventing the small lender from selling two trucks owned by two dealers that were seized because of a disputed loan. High Court Judge Kizito Magari has upheld the Milimani Magistrate’s injunction restraining the micro-lender from selling the two trucks…
-
Private credit boom drives Sixth Street hiring spree in Europe By Reuters
•
Written by Sinead Cruz and Tommy Reggiore Wilkes LONDON (Reuters) – Sixth Street is embarking on the biggest European recruitment drive in its 15-year history, taking up a new regional headquarters in London’s Mayfair and adding up to 20 staff this year to focus on private credit and real estate.…
-
Altshuler Shaham enters non-bank credit
•
Investment house Altshuler Shaham announced today that the group’s public company, Altshuler Shaham Finance (TASE: ALTF), headed by Yair Levenstein, has signed an agreement to purchase the business of Credit Team, which holds a license from the Capital Markets, Insurance and Savings Authority to provide credit. Under the agreement, Altshuler…
-
Monex Introduces Credit Card Payment Option for Mutual Funds
•
Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24…
-
UBS rejiggers its Group Executive Board as part of Credit Suisse integration (NYSE:UBS)
•
MoreISO/iStock editorial via Getty Images In a further phase of the integration of Credit Suisse into the UBS Group (New York Stock Exchange: UBS), the company announced a number of changes to its Executive Board of Directors (“GEB”), including the retirement of Credit Suisse AG CEO Ulrich Körner and Noreen…
-
Buy Now, Pay Later Gets Regulated, But Are Credit Cards the Right Benchmark?
•
The world of finance is in a constant state of change. New technologies and spending habits are emerging, blurring the lines between traditional methods and innovative alternatives. One such nuisance is buy now, pay later (BNPL), a payment option that allows consumers to split purchases into smaller, often interest-free instalments.…
-
Credit Agricole says EUR/JPY is overvalued By Investing.com
•
Credit Agricole’s (OTC:) FAST FX model indicated that the currency pair appears overvalued, prompting the bank to recommend a sell trade. The model estimates that the short-term fair value of the EUR/JPY has fallen from a record high of 163.9110 to 162.1633. This shift is due to the rise in…