Money Funds Cut Barclays Debt While Adding Deutsche Bank – Bloomberg
Money Funds Cut Barclays Debt While Adding Deutsche BankBloombergSeparately, the UK Independent Commission on Banking is recommending that banks segregate consumer operations from investment banking and subordinate unsecured creditors to individual depositors. “The short-term rating downgrades could have a greater …and more »
Canadians’ Debt Appetite Wanes, Two Bank Reports Show – Wall Street Journal
Canadians' Debt Appetite Wanes, Two Bank Reports ShowWall Street JournalTotal household credit, which includes consumer and mortgage debt, is now rising at just over 5%, the slowest pace since 2002, CIBC World Markets said. But the key driver is the rapid softening of consumer credit. Consumer credit – unsecured lines of …and more »
Homeowners, builder, bank at odds in Loveland's Taft Farms neighborhood (video)
"For sale by owner" signs are up in front of about a dozen homes in northwest Loveland's Taft Farms neighborhood. Not that anyone there is planning to sell, or move, soon.
Fitch Rates Molson Coors Proposed $1.9B Sr Unsecured Notes, Bank Debt & Convertible Notes ‘BBB’ – Business Wire
CHICAGO–(BUSINESS WIRE)–Fitch Ratings has assigned the following ratings to Molson Coors Brewing Company’s (Molson Coors) and related entities; $1.9 billion senior unsecured notes offering, revolving credit facility, term loans and convertible notes …
Fitch Rates Molson Coors Proposed $1.9B Sr Unsecured Notes, Bank Debt … – MarketWatch (press release)
Fitch Rates Molson Coors Proposed $1.9B Sr Unsecured Notes, Bank Debt …MarketWatch (press release)The ratings are as follows: Molson Coors Brewing Company (Parent) –Long-term Issuer Default Rating (IDR) of 'BBB'; –Short-term IDR of 'F2'; –Bank credit facility rating of 'BBB'; –Senior unsecured debt rating of 'BBB'. Molson Coors International LP …TEXT-S&P rates Molson Coors' proposed [...]
TEXT-Fitch asgns Poland-based BRE Bank SA’s EMTN programme ‘A’ rtg – Reuters
Apr 13 – Fitch Ratings has assigned BRE Bank SA’s (BRE Bank, ‘A’/Stable) EUR2bn euro medium-term note (EMTN) programme a Long-term senior unsecured debt rating of ‘A’ and a Short-term senior unsecured debt rating of ‘F1′. Notes will be issued by …
Bondholder Losses Debated by EU to Avoid Bank Rescues – Businessweek
The EU may opt to place banks’ longer-term senior unsecured debt in the firing line for losses ahead of shorter-term senior claims, according to a consultation document published on the EU’s website. Liabilities with a maturity of less than …
Bondholder Losses Debated by EU to Avoid Bank Rescues – Bloomberg
The EU may opt to place banks’ longer-term senior unsecured debt in the firing line for losses ahead of shorter-term senior claims, according to a consultation document published on the EU’s website. Liabilities with a maturity of less than …
Bank of America to offer rentals as foreclosure alternative – New York Daily News
NEW YORK — Bank of America says it has begun a pilot program offering some of its mortgage customers who are facing foreclosure a chance to stay in their homes by becoming renters instead of owners. The “Mortgage to Lease” program …
Draghi’s $158 Billion Free Lunch to Boost European Bank Profits – BusinessWeek
New York Times Draghi's $158 Billion Free Lunch to Boost European Bank ProfitsBusinessWeekThe loans carry a 1 percent annual interest rate, less than a quarter of the 4.3 percent average yield on euro-denominated senior unsecured bank debt of all maturities in the past year, according to Commerzbank AG. With borrowing estimated to hit a …Draghi's [...]