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Yahoo! News Search Results for Finance Loans 3

  • Finance and Banking
    As a source of steady income, trust companies had been taking loans off the books of banks and repackaging them up as trust products. China Banking Regulatory Commission ( "CBRC" ) became alarmed when the volumes grew too big and in early July, CBRC abruptly closed down the entire business by ordering trusts to halt all cooperation with banks.
  • Russia Plans to Sell VTB, Sberbank, Rosselkhoz Stakes to Plug Budget Gap
    The Russian government seeks to sell shares in Russia’s biggest lenders, including a 10 percent stake in VTB Group by year-end, Deputy Finance Minister Alexei Savatyugin said.
  • New coalition fights payday loans
    A number of social policy groups have joined forces in a campaign to put limits on payday lending in Texas.
  • Summary Box: HSBC sells US auto finance units
    IT'S OVER: British bank HSBC Holdings PLC has sold its last U.S. auto finance businesses to Spain's Santander for about $3.56 billion in cash, completing its exit from a market that cost it billions during the financial meltdown.
  • HSBC exits U.S. auto loan biz
    The British bank sold its last U.S. auto finance businesses to Spain's Santander for about $3.56 bil in cash. The Santander Consumer USA unit is assuming $431 mil in debt, HSBC said. The loan book acquired by Santander was valued at $4.3 bil. The company announced in March '09 that it would stop making consumer loans in the U.S. and would wind down the consumer lending business by '14.
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