Business
BlackRock’s head of Asia-Pacific private credit Celia Yan to leave firm
Her team has deployed over US$200 million in 2024, over US$1.8 billion historically and been able to generate a 16 per cent gross internal…
Tag
credit
Politics
DOGE says nearly 300K government credit cards have been canceled or limited
As part of its efforts to downsize the federal government, the Department of Government Efficiency has been pruning or limiting the travel…
Politics
Asia credit market heats up as issuers rush to beat tariff wave
Trump is planning a series of so-called reciprocal taxes, hitting countries that impose their own levies on US goods The countdown to US…
Business
Credit Card Processing: Small Business Traps to Avoid
Running a small business is tough, and dealing with credit card processing can make it even tougher. Many small business owners find…
Business
Japan’s historic rate shift is turbo-charging the credit market
JAPAN’S corporate bond market is booming, as an economic rebound and plans to get ahead of higher interest rates encourage a flurry of…
News
Woman Pleads Guilty in Covid Tax Credit Scheme That Netted $33 Million
Some people binge-watched shows during the Covid pandemic. Others picked up pickleball. But according to federal prosecutors, one Las…
Business
Business Credit: Build It Before You Need It
Building business credit is like laying the groundwork for future success. It’s not just about getting a loan when you’re in a pinch. A…
Business
Sanders and Hawley’s Interest Rate Cap Would Ban Their Union Allies’ Credit Cards
They want to cap interest rates at 10 percent, but most major unions’ member benefits include credit cards that charge well in excess of…
Culture
How to Pay Off Credit Card Debt
Ms. Harris suggests that her clients try “Frugal February” — avoiding discretionary spending and impulse purchases, and putting the money…
Business
Over 500 investors start claims process against Switzerland for Credit Suisse AT1 write-down: Singapore law firm
They are claiming losses amounting to about US$250 million, making it the the largest claim against the European country in treaty…
Business
Over 500 investors, including 300 Singaporeans, kick off claim against Switzerland over Credit Suisse bond losses of over US$250 million
Drew & Napier is leading action by investors who saw their investments wiped out when CS AT1 bonds were written down as part of takeover…
Business
Credit Agricole reports 27% Q4 profit jump, aided by Amundi and trading
CREDIT Agricole, France’s second-biggest listed bank, blew past quarterly earnings forecasts on Wednesday (Feb 5) with a 27 per cent jump…
Business
UBS has cut 10,000 jobs since Credit Suisse takeover in 2023
UBS Group has cut more than 10,000 roles since it bought Credit Suisse, marking a milestone in the lender’s efforts to integrate its…
Business
Singtel’s Optus secures A$1.95 billion in credit facility with 12 banks
SINGTEL’S Australian subsidiary, Optus, has inked a A$1.95 billion (S$1.64 billion) committed revolving credit facility with 12 banks to…
Business
How Fed Rates Influence Mortgages, Credit Cards, Savings and More
The Federal Reserve is expected to keep its key rate steady on Wednesday, after a series of cuts that lowered rates by a full percentage…
Business
Asia private credit funding hits eight-year low on China slump
ASIA’S private credit market faces diverse challenges in 2025 after fundraising dropped to an eight-year low and concerns over China’s…
Politics
Opinion: Biden delivered a new 'Roaring '20s.' Watch Trump try to take the credit.
Poor Donald Trump. Twice elected president only to have to clean up the economic messes left to him by Democrats. In 2016, he groused…
Politics
What to Know About the E.V. Tax Credit That Trump Might Repeal
Sales of electric vehicles have been rising steadily over the past few years, in part because of a federal tax credit of up to $7,500 that…
Business
Apple in talks with Barclays, Synchrony to replace Goldman in credit card deal: sources
APPLE is in talks with Barclays to replace Goldman Sachs as the tech giant’s credit card partner, said two sources familiar with the…
Business
Credit Suisse’s Ray Farris named Prudential’s first chief economist
CREDIT Suisse veteran Ray Farris has been appointed chief economist of Prudential’s asset management arm, Eastspring Investments, to drive…
News
Credit Cards: Beginner to Expert
Hey there! So you’ve heard about Money Digest Credit Cards and are curious, right? Well, you’re in the right place. Whether you’re just…
Business
Swiss bank watchdog blundered on Credit Suisse, report finds
THE Swiss parliament heavily criticised the previous leadership of Switzerland’s financial regulator Finma in a landmark enquiry into last…
Business
Apollo says private credit may reach US$40 trillion by 2030
APOLLO Global Management said that a booming part of private credit is already a US$20 trillion industry and that the market as a whole…
Politics
Column: The U.S. economy is doing very well. But don't give too much credit to Biden — or Trump
One of Donald Trump’s closing campaign arguments was that he would deliver a new “golden age” for America. This week, he announced that…