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Indian banks' underwriting standards at risk amid rapid consumer loan growth, Fitch says
Reuters· 2 days agoAsset quality of Indian banks' consumer loans has held up well so far, but an accumulation of...
Abercrombie & Fitch Co. (NYSE:ANF) Stock Holdings Reduced by Teacher Retirement System of Texas
ETF DAILY NEWS· 9 hours agoTeacher Retirement System of Texas owned about 0.07% of Abercrombie & Fitch worth $2,911,000 at the...
Fitch appoints new heads of sovereign and bank ratings
Reuters via Yahoo Finance· 6 days agoLongsdon would takeover as the firm's global head for sovereign and supranational ratings from June 1, when its current top analyst James McCormack retires. Longsdon, who ...
China’s banks to sell US$60 billion of loss-absorbing bonds to meet PBOC’s norms
South China Morning Post· 2 days agoThe People’s Bank of China has required China’s G-SIBs to have a minimum total loss-absorbing...
BBVA's hostile bid for Sabadell increases execution risks and represents a "distraction," according...
Hardwood Paroxysm· 5 days agoBBVA’s decision to make a hostile bid for Banco Sabadell represents an increase in risks in...
Financial Services Roundup: Market Talk
The Wall Street Journal· 18 hours agoFitch estimates that 15%-19% of rated banks’ total loans could be to LGFVs. Including bonds and other assets, total LGFV exposure might reach as high as...
New York Community (NYCB) Rating Downgraded to BB by Fitch
Zacks via Yahoo Finance· 7 days agoDefault Ratings (IDRs) were recently downgraded to BB from BB+ by Fitch Ratings. Nonetheless, the ...
NYCB to sell $5B in mortgage warehouse loans to JPMorgan - HousingWire
HousingWire· 30 minutes agoNew York Community Bancorp, the parent of Flagstar Bank, said it’s still committed to the home loan...
The Brazilian bank Agibank reported record net income of R$215.5 million in the first quarter of...
WPRI Providence· 2 days agoWith a credit portfolio close to R$18 billion, the Bank grew 6x the Brazilian market's pace in the quarter, with high profitability. In just the first three months of the ...
Irvine Company Lands $150M Refi on West LA Office Complex
The Real Deal· 5 days agoBank of America originated the 10-year, fixed-rate loan on the property, located at 11100 Santa...