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Category: Credit


Business banking, Capital and risk, Credit, Products

Credit Suisse teams with Klara for online credit requests

March 14, 2019

Via: Finextra

Credit Suisse and KLARA are simplifying finance for SMEs. In addition to the innovative accounting solution that automatically communicates with all interfaces, starting now, SMEs on KLARA can submit non-binding credit requests online to Credit Suisse. More efficiency for SMEs […]


Capital and risk, Credit

TD Survey: Credit Knowledge Gap Still Exists Among Millennials

March 13, 2019

Via: ABF Journal

Though 82% of millennials believe society will eventually become cashless, TD Bank’s Consumer Spending Index revealed that they’re lacking when it comes to building and maintaining healthy credit habits. As the generation least likely to carry cash, according to the […]


Capital and risk, Credit

JPMorgan Chase Agents $125MM ABL Facility for CSS Industries

March 8, 2019

Via: ABF Journal

CSS Industries, a consumer products company serving the craft, gift and seasonal markets, entered into a new $125 million asset-based senior secured credit facility with JPMorgan Chase Bank acting as administrative agent. Bank of America and KeyBank also participated in […]


Capital and risk, Credit

Where mortgage payments take the smallest bite out of people’s bank accounts

March 6, 2019

Via: Market Watch

It’s getting tough to afford a place to live — but residents of the nation’s capital are better placed than their peers in other cities. People in Washington, D.C., have the most money left over in their bank account after […]


Capital and risk, Credit

Deutsche Bank reportedly considered restructuring Trump’s loans on worries he might default

February 20, 2019

Via: CNBC

Deutsche Bank officials were worried enough that President Donald Trump might default on loans after he was elected that the institution considered extending the repayment dates, according to a Bloomberg News report Wednesday. The Trump Organization had about $340 million […]


Capital and risk, Credit

Shopping with a credit card could soon get more expensive

February 15, 2019

Via: Market Watch

Credit-card companies are hiking a range of fees that U.S. merchants will pay to process transactions, a move likely to inflame already fractious relations between many businesses and card networks. Visa Inc. V, +0.75% and Mastercard Inc., MA, +0.53% the […]


Capital and risk, Credit

Auto Loan Interest Rates Climb to Second-Highest Level in 10 Years, According to Edmunds Analysis

February 1, 2019

Via: PR Newswire

SANTA MONICA, Calif., Feb. 1, 2019 /PRNewswire/ — Tightening credit conditions and rising vehicle prices continued to squeeze consumers in January, according to the car shopping experts at Edmunds. Due in part to an evaporation of zero percent financing deals, […]


Capital and risk, Credit

AI to outperform human credit decisions by 2024 – survey

January 21, 2019

Via: Finextra

Intertrust, a global leader in providing expert administrative services to clients operating and investing in the international business environment, surveyed over 500 capital markets executives to identify the impact that disruptive technology is having on jobs and skills. Of these, […]


Capital and risk, Credit

JPMorgan Chase Agents $3.65B Revolver for Shopping Network QVC

January 7, 2019

Via: ABF Journal

QVC refinanced its senior secured credit facility, replacing its $2.65 billion bank credit facility with a new amended and restated multi-currency revolving credit facility which provides a line of credit of up to $3.65 billion. According to the related 8-K […]


Capital and risk, Credit

JPMorgan Chase Agents $165MM Revolver for Ethan Allen

December 27, 2018

Via: ABF Journal

JPMorgan Chase Bank acted as both administrative and syndication agent on an amendment to its credit agreement with interior design and home furnishings retailer Ethan Allen Interiors. The amendment provides a revolving credit line of up to $165 million. According […]