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Reuters

Monte dei Paschi says in exclusive talks over bad loan sale
Reuters
MI) said on Monday it was in exclusive talks with a domestic fund and a group of investors over the sale of its bad loan portfolio, which it needs to offload before it can be taken over by the state. The negotiations mark the latest stage in a long ...

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Las Vegas Review-Journal

Nevada lawmakers want to create payday loan database
Las Vegas Review-Journal
CARSON CITY — Nevada officials want a better way to track and understand how the payday loan industry works in the state. Assembly Bill 515 would create a confidential database of payday, high-interest and title loans done in Nevada. The idea is to ...



VICE News

Betsy DeVos will let one company handle all federal student loans
VICE News
At a time when borrowers are increasingly struggling to pay off their debts, a new monopoly is coming to federal student loans that could be challenging for the debt-holders and risky for the government. The Trump administration has put its stamp on a ...
Student loan program faces uncertain future amid sweeping proposalsUSA TODAY
Counting on student loan forgiveness? Don't bet on it - AJC.comAtlanta Journal Constitution
Graduating? Here's What to Know About Your Student LoansNew York Times
Raw Story -Washington Examiner -Washington Post -Consumer Financial Protection Bureau
all 50 news articles »


Miami Herald (blog)

They've got their college degree. Did anyone mention their crushing student loan debt?
Miami Herald (blog)
In fact, student loan debt is about $620 billion more than the total U.S. credit card debt, a fact I want to reiterate because I'm tired of watching my self-righteous peers wagging a collective finger at newly minted graduates. It also goes a long way ...
US banks pull back from $1.2tn car loans marketFinancial Times
Editorial, May 30, 2017: Student loan debt collections aren't paying offMonterey County Herald
US consumer debt deters big banks from $1.2tn car-loan marketIrish Times
Motley Fool
all 16 news articles »


Croatia's indebted Agrokor expects fresh loan soon
Reuters
ZAGREB May 29 Croatia's heavily indebted food producer and retailer Agrokor expects to complete talks with creditors on a new loan soon, the company's crisis manager said on Monday. Agrokor, the biggest employer in the Balkans with some 60,000 ...

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ESPN FC

Niang rejects permanent Watford stay
ESPN FC
M'Baye Niang has opted against joining Watford permanently following the end of his loan spell. The French striker, 22, joined the Hornets on loan from AC Milan in January and scored two goals across his 11 Premier League appearances. Watford have ...

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Italy set to introduce measures to boost soured loan securitisations
Nasdaq
ROME, May 29 (Reuters) - An Italian parliamentary committee on Monday approved measures aimed at helping the country's lenders sell their soured loans repackaged as securities. The new rules must be signed off by Italy's parliament as part of a package ...

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The Hill (blog)

Fix our broken student loan system by denying troubled schools ...
The Hill (blog)
It's easy to understand why James Runcie, the official responsible for the U.S. government's $1.4 trillion student loan portfolio, chose to resign rather than testify ...

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Hyperallergic

A Rare Loan from Windsor Castle Brings Mark Catesby's Watercolors to South Carolina
Hyperallergic
Original watercolors by Catesby for the 18th-century Natural History of Carolina, Florida and the Bahama Islands are now on view at the Gibbes Museum of Art in Charleston, South Carolina. Of the 44 paintings on loan from the Royal Collection at Windsor ...



Barron's

Bank-Loan Funds Are Looking Shakier
Barron's
Despite their many positive attributes, it's getting easier to pick on bank loans. On the plus side, these securitized loans made to companies rated below investment grade—also known as leveraged loans or senior loans—offer floating rates, so yields ...


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