Bank of America Corp reported a better-than-expected 30% jump in quarterly profit on Wednesday, driven by loan growth and record-breaking M&A volumes in its investment banking business.Flush with cash and emboldened by soaring stock market valuations, large buyout funds, corporates and financiers struck billions of dollars worth of deals in the fourth quarter, generating record
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Governments around the world are issuing economic stimulus and relief packages for businesses affected by the outbreak. From the EU, where the European Investment Fund will guarantee loans to help “provide liquidity to at least 100,000 European small and medium-sized enterprises (SMEs)” – to Japan, where SMEs are being offered interest-free loans and large corporations
You may have a situation where all you need is a small amount of money for a short period and you don’t want the hassle of too much paperwork, credit checks and having to provide collateral. In some situations, this simply isn’t practical, such as when you need to unexpectedly make car repairs or have
When you’re applying for a mortgage, auto loan, personal loan, or any other loan, you want to get the best outcome. However, your loan application may not go well all the time. It’s because lenders consider a range of factors to ensure that they are extending the loan responsibly. If you don’t know what your
