Today Lucid Motors announced a new digital financing platform called Lucid Financial Services to provide lease and loan purchase options to Air EV customers in the United States. The financing options are provided through a strategic relationship between Lucid Group and Bank of America. Lucid Motors ($LCID) is currently delivering […]
Bank
Is it better to finance through a bank or dealership?
When the time comes to purchase your next car, you must first decide whether you will go directly through your bank or the dealer itself to obtain vehicle financing. While they both leave you with the ability to drive off with a new car, they differ in experience, available rates […]
World Bank readies Sri Lanka aid package, IMF calls loan talks ‘fruitful’
WASHINGTON, April 23 (Reuters) – The International Monetary Fund said on Saturday it held “fruitful technical discussions” with Sri Lanka on its loan request, while the World Bank said it was preparing an emergency aid package for the crisis-stricken country. Sri Lanka, an island country of 22 million people, is […]
Axos Bank Personal Loans Review 2022
Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, like American Express, but our reporting and recommendations are always independent and objective. Terms apply to offers listed on this page. Read our […]
KBC Bank Ireland closes sale of substantially all of its remaining non-performing mortgage loan portfolio
Press Release Outside trading hours – Regulated information* Brussels, Dublin, 7 February 2022 – 8 a.m. CET (before stock exchange hours) KBC Bank Ireland closes sale of substantially all of its remaining non-performing mortgage loan portfolio KBC Group and KBC Bank Ireland finalised the deal announced on 30 August 2021 […]
Bank of America profit beats estimates on loan growth, M&A boost
A Bank of America logo is pictured in the Manhattan borough of New York City, New York, U.S., January 30, 2019. REUTERS/Carlo Allegri/File Photo Register now for FREE unlimited access to Reuters.com Register Jan 19 (Reuters) – Bank of America Corp (BAC.N) reported a better-than-expected 30% jump in quarterly profit […]
FinCEN Real Estate Transaction Information Collection under Bank Secrecy Act
Thursday, December 16, 2021 On Dec. 6, 2021, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued an advance notice of proposed rulemaking (ANPRM) to solicit public comment on potential requirements under the Bank Secrecy Act (BSA) for certain persons involved in real estate transactions to collect, report, and […]
Freedom Bank Underwrites First Ever Valuation-Based Loan Using Fintech Partner BizEquity’s Valuation Software
Valuation Software Drives Valuation-based Loan for Forward-Thinking Banking Partner, Powered by the BizEquity Platform PHILADELPHIA, Dec. 7, 2021 /PRNewswire/ — Just two months after Freedom Bank partnered with valuation fintech leader BizEquity and launched its Business Valuation Loan product, the Virginia-based bank underwrites its first loan using BizEquity’s valuation technology. […]