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Monday, October 21, 2019


Singapore lender still using faxes seeks virtual bank license

Hong Leong Finance wants to find a partner that will help it apply technology to its lending decisions.

5 tips when giving personal loans to family or friends

Although a sticky situation for you to be in, get a commitment of repayment from them but expect the very high possibility of bad debts.

Qatari banks said to reveal merger plans as early as this...

Talks between the two closely held banks are advanced, though they could still be delayed or fall apart - the merger will create a lender with about 82 billion riyals in assets, the sixth-largest in the country.

Toys ‘R’ Us lenders may swap US$760 million in debt for...

The lenders would make a so-called "credit bid" by using their senior secured notes in the Asia business rather than cash, and win ownership of the unit during an auction next month in New York.

Deutsche Bank board to discuss CEO and make decision on Sunday

The Sunday discussion by the board follows two weeks of turmoil over the bank's leadership.

Russia creates ‘bad bank’ for toxic debts

The so-called "bad bank" will be based on a branch of Otkritie, which was rescued by the central bank in August, and will function as a fund.