Bank of England to tackle consumer credit problems, as McCafferty pushes for rate hike – business live

by | Jul 4, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

3.13am EDT03:13 McCafferty pushes for rate hike, but Vlieghe resists Angela Monaghan Another day, another division among the Bank of England’s team of interest rate setters. Ian McCafferty and Gertjan Vlieghe are the latest members of the Monetary Policy...

Cash-strapped LeEco reportedly sees 1.2 billion yuan in assets frozen over unpaid debts

by | Jul 4, 2017 | Bad Credit Loans, Bank Lending, Bureau of Labor Statistics, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Chinese firm LeEco’s downward spiral continues after unpaid debts lead a Shanghai court to freeze 1.2 billion yuan ($180 million) in assets owned by its subsidiaries, chairman and CEO Jia Yueting and his wife, according to various local media reports citing...

As diplomatic crisis swirls around Qatar, standoff could last ‘many more months’

by | Jul 4, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Qatar is likely to reject the bulk of the demands put forward by Saudi Arabia and its allies after a damaging blockade that’s left the region in crisis, a former U.S. ambassador to the country said Tuesday. Chase Untermeyer, who was ambassador to the country...