Royal Bank of Canada, the country’s largest lender, is starting a nationwide marketing campaign touting lower home-equity loan rates than most rivals to gain customers as it combats a slowdown in Canadian consumer lending.
BusinessWeek.com — Finance
Bank loans outstanding to small businesses declined by 2.4 percent, or $ 15 billion, in the first quarter of 2011, the Small Business Administration’s Advocacy Office reports today. Here’s what the drop looks like over the last five quarters:
BusinessWeek.com — Small Business
Lending to small U.S. businesses is making a comeback, with 12 investment firms arranging $ 1.38 billion of initial stock offerings
BusinessWeek.com — Small Business
Credit Suisse, Goldman Sachs, and Royal Bank of Scotland each borrowed at least $ 30 billion from March through December 2008 from a secret Federal Reserve program known as ST OMO
BusinessWeek.com — Finance
In 2010, almost 53,000 homes were purchased in the U.S. with owner financing—a risky tactic when conventional mortgages are not an option
BusinessWeek.com — Finance
Workers might be limited in using their 401(k) plans for loans under a Senate bill aimed at curbing the erosion of retirement assets
BusinessWeek.com — Finance
Greece doesn’t need to restructure its debt for now and should only consider an extension of its international loans, said Herakles Polemarchakis, an economic adviser to Greek Prime Minister George Papandreou.
BusinessWeek.com — Finance
Banks eased lending terms in the first quarter as they forecast improvement in the U.S. economy and companies sought more loans, according to a Federal Reserve survey.
BusinessWeek.com — Finance
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