Loans | Student Loans: Are We Really Facing A Crisis?

May 20, 2012 – 6:14 am
Loans

student debt is completely out of control, right? The more than $1 trillion in outstanding college loans is front-page news and is pretty much the only educational issue the presidential candidates are talking about. Yes, ballooning student debt is causing real hardship for some Americans.But as with many educational flare-ups, the public debate is giving us more noise than signal. So before you

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Loans | HSBC Aims 20% Loan Growth In Turkey, 40% In Personal Loans

May 20, 2012 – 5:57 am
Loans

HSBC Holdings Plc (HSBA) ‘s Turkish unit willexpand loans 20 percent this year, compared with a growth of 15percent to 20 percent expected in the industry, Taylan Turan,deputy chief executive responsible for personal banking at HSBCBank AS, said. HSBC Turkey ‘s loans grew 25 percent last year, Turan saidat a news conference in Istanbul today. The bank’s ratio of non-performing loans is between

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Loans | UPDATE 3-Banks' Rising Bad Loans Add To Spanish Troubles

May 20, 2012 – 5:03 am
Loans

* Spanish banks’ bad loans rise to 8.37 pct, 18-year high * Spain to name independent auditors for banks on Monday * goldman to carry out valuation of Bankia-sources * Moody’s downgrades 16 Spanish banks * Shares rebound to cut losses in grim week; Bankia up 25pct (Adds details on independent audit of banks) MADRID, May 18 (Reuters) – Spanish banks’ bad loans rose inMarch to their highest in 18

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Loans | UPDATE 2-Banks' Rising Bad Loans Add To Spanish Troubles

May 20, 2012 – 4:39 am
Loans

* Spanish banks’ bad loans rise to 8.37 pct, 18-year high * Spain to name independent auditors for financial sector * goldman to carry out valuation of Bankia-sources * Moody’s downgrades 16 Spanish banks * Shares rebound to trim losses in grim week (Recasts with Bank of Spain data, adds comments, detailsthroughout) MADRID, May 18 (Reuters) – Spanish bank bad loans rose inMarch to their highest in

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Loan | Vegas Train Loan Shouldn’t Be Solyndra Victim, Chief Says

May 20, 2012 – 4:11 am
Loan

The U.S. high-speed rail line that’sclosest to construction deserves a $5.5 billion federal loanthat shouldn’t be held up by backlash from Solyndra LLC’sbankruptcy, DesertXpress Enterprises LLC executives said. Closely held DesertXpress is proposing a 190-mile linkbetween Victorville, California, and Las Vegas with trainsreaching 150 miles per hour. It can break ground within months if the

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Loan | LaSalle Hotel Properties Closes On $177.5 Million Term Loan

May 20, 2012 – 3:36 am
Loan

BETHESDA, Md.–(BUSINESS WIRE)– LaSalle Hotel Properties (NYSE: LHO – News ) today announced that it has closed on its new $177.5 million term loan. The seven-year term loan matures on May 16, 2019. The term loan was swapped to a fixed interest rate for the full seven-year term. The term loan’s interest rate will be 3.87 percent when the Company ‘s leverage ratio (as defined by the term loan) is

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Loans | UPDATE 4-Banks' Rising Bad Loans Add To Spanish Troubles

May 20, 2012 – 2:21 am
Loans

* Spanish banks ‘ bad loans rise to 8.37 pct, 18-year high * Spain to name independent auditors for banks on Monday * goldman to carry out valuation of Bankia-sources * Moody’s downgrades 16 Spanish banks * Shares rebound to cut losses in grim week; Bankia up 25pct (Adds Hollande remarks) MADRID, May 18 (Reuters) – Spanish banks’ bad loans rose inMarch to their highest in 18 years, underscoring

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Loan | Avoid Christmas Credit Crunch With Holiday Loan Today

May 20, 2012 – 1:14 am
Loan

A holiday loan, considered soberly, may be the way around to gather up the sort of holiday that your family expects. It is often easy to land a holiday loan. And if you keep the amount small enough so as to manage the payoff in the coming year, it could be a way to put a little spirit into your holiday budget. Why the Holidays Cost a LotThe holiday season is not a season tuned to frugality.

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Loan | RLPC: Formula One Prices Loan, Adds Ticking Fee

May 20, 2012 – 12:16 am
Loan

NEW YORK (Frankfurt: A0DKRK – news ) , May 18 (Reuters) – Formula One haspriced its $1.3 billion institutional term loan B at 350bp overLibor with a 1 percent Libor floor and a discount of 98 cents onthe dollar, sources told Thomson Reuters LPC. The issuer has also added a 100bp annual ticking fee, whichis to be paid from the loan’s allocation date till its closingdate or cancellation. Formula

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Loan | Fitch Affirms All Bonds Of SLM Student Loan Trust 2003-5

May 19, 2012 – 6:13 am
Loan

NEW YORK–(BUSINESS WIRE)– Fitch Ratings affirms the senior student loan notes at ‘AAAsf’ and the subordinate notes at ‘BBsf’ issued by SLM Student Loan Trust 2003-5. The Rating Outlook on the senior notes, which is tied to the sovereign rating of the U.S. government, remains Negative, while the Rating Outlook on the subordinate note remains Stable. Fitch used its ‘Global structured Finance

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