Wall Street banks are reporting gaining back some of the share of financing deals they had lost to alternative-asset fund managers, insurers and other private credit. The broadly syndicated loan market dominated by banks refinanced almost $12 billion of debt previously from direct lenders in the first...
Debt financing platform Scayl has raised $108 million to lend to other European FinTech lenders. Billing itself as a “Fintech for Fintech Lenders,” Scayl said it helps clients fund their loan books with more speed and flexibility than working with banks or credit funds, the Swedish company...
Investment banks are reportedly trying to win back leveraged finance deals from the private credit space. Banks such as Goldman Sachs, Citi and Barclays are among the banks in talks with buyout firms about loans issued during more volatile periods, Bloomberg News reported Monday (Jan 22), citing sources with knowledge of...
Qashio and CredibleX have partnered on an initiative to provide financing to businesses in the Middle East and North Africa (MENA) region. The new Qashio Financing solution provides immediate approvals and disbursements, competitive rates and a user-friendly application process for Qashio’s customers, the companies said in a...
May 29, 2024
Wells Fargo CEO Charlie Scharf reportedly told investors Wednesday (May 29) that the bank could be doing more corporate lending and trading if regulators lifted the asset cap that they imposed on it. Regulators put the $1.95 trillion asset cap on Wells Fargo as part of the fines and regulatory punishments that resulted from the bank’s fake […]
April 10, 2024
Wall Street banks are reporting gaining back some of the share of financing deals they had lost to alternative-asset fund managers, insurers and other private credit. The broadly syndicated loan market...
April 03, 2024
Debt financing platform Scayl has raised $108 million to lend to other European FinTech lenders. Billing itself as a “Fintech for Fintech Lenders,” Scayl said it helps clients fund their loan books...
January 22, 2024
Investment banks are reportedly trying to win back leveraged finance deals from the private credit space. Banks such as Goldman Sachs, Citi and Barclays are among the banks in talks with buyout firms about loans...
