Results for credit: 2825

* Fewer banks tightened credit standards in Q3 than in Q2 * Tightening seen at turning point, ending in Q4 * Banks had easier access to wholesale financing FRANKFURT, Oct 28 - Credit tightening by...

Longfor Group, a Beijing-based property enterprise, said yesterday that it has signed a cooperation agreement with Agricultural Bank of China, one of the country's Big Four state-owned lenders.Pursuant to the agreement, ABC will provide RMB 18 billion in credit to Longfor Group.In addition, ABC will provide the...

By Tu Lei An ICBC credit card. Most Chinese banks have been unable to turn a profit on credit cards. Photo: CFP Eight months after Industrial and Commercial Bank of China (ICBC) changed interest rules to benefit its credit card holders, no other bank has followed suit because of fears of declin...

* Q3 EPS loss $0.26; Street forecast loss $0.21 * Credit provision $11.7 bln; card chargeoffs 14 pct * Credit losses may have peaked - CEO *...

* Q3 EPS loss $0.26; Street forecast loss $0.21 * Credit provision $11.7 bln; card chargeoffs 14 pct * Credit losses may have peaked - CEO * Merrill Lynch profit $2.2 bln; investment banking strong...

* Loss 26 cents/share; Wall Street view loss 21 cents * Provision for credit losses $11.7 billion * Expenses growing faster than revenue * Shares down 4.2 percent in early trading (Adds fund manager comment,...

WASHINGTON, Oct 16 - U.S. Treasury Secretary Timothy Geithner said on Friday there had been "dramatic improvement" in access to credit overall but worried that small businesses were still having problems borrowing. "They're more dependent...

* Loss 26 cents/share; Wall Street view loss 21 cents * Provision for credit losses $11.7 billion * Expenses growing faster than revenue * Shares down 4.5 percent in premarket trading (Adds details and background...

* Loss 26 cents/share; Wall Street view loss 21 cents * Provision for credit losses $11.7 billion * Expenses growing faster than revenue * Shares down 3.3 percent in premarket trading (Recasts, adds background and...

* Q3 shr loss 27 cents; Wall St view loss 38 cents * Credit losses $8.0 billion * Securities and banking revenue down 33 pct * Total assets rise 2 pct from Q2 to $1.89...