Financial Services
317 results total, viewing 91 - 100
Providence Equity Partners LLC is scrapping a plan to sell Brazilian mobile-phone tower operator Grupo TorreSur after bids fell short of its expectations, people with knowledge of the matter said. more
For more than four years now, a coalition of anti-poverty activists has been pushing for controls on neighborhood payday-loan shops that lend cash for two weeks at an astonishingly high interest rate. more
Here’s something that puzzled me when I was the chief investment officer of New York City’s pension plan: Only 5 percent of the investment firms that managed the city’s $160 billion, and only 15 percent of the products the city invested in, were managed by women. The numbers plummeted when counting women of color or asset classes other than public equities. more
Ana Patricia Botin, named chairman of Banco Santander SA, becomes the most powerful woman in European banking, succeeding her father a day after his death. more
The chances of U.K. taxpayers recouping their money from the world’s biggest bank bailout are receding as Scottish voters stand on the brink of dissolving the 307-year-old union with England. more
NEW YORK – Fitch Ratings last week assigned an “AA+” rating to two Massachusetts general-obligation bonds totaling nearly $680 million. The bonds, both issued in 2014, were scheduled to sell through negotiation last week. more
Argentina is in default again, but its latest predicament is far from your garden-variety sovereign debt crisis. This time South America’s second-largest economy has been tripped up not by new borrowing, but by a lawsuit from American hedge funds blocking settlements with bondholders over a 2001 default. more
When it comes to getting renter insurance for dorm rooms, college students tend to leave that protection to their parents, whose homeowner insurance may not provide the necessary coverage. more
The U.S. Federal Housing Administration started selling distressed loans in 2012 to help communities hit hard by foreclosures while also reducing losses to its taxpayer-backed insurance fund. more
Treasuries fell after a report showed existing home sales rose to their highest level in a year, indicating the U.S. economy is still improving amid slowing global growth. more
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