The RMR Group entered into a new $100 million senior secured revolving credit facility. The initial maturity date of the new credit facility is January 22, 2028, and it includes a one-year extension at RMR’s option,
As interest rates rose, banks charged more for credit cards and loans, but held rates paid on savings accounts.
Trafigura is still chasing down the funds almost two years after news broke that it was on the hook for almost $600 million.
CNBC Select reviews Bank of America mortgage offerings, including purchase loans, refinancing, closing cost grants and more.
The legislation would block foreclosures and allow homeowners who’ve suffered financially due to the L.A. fires to freeze payments without penalty. Several major lenders have already reached agreement with Gov.
The Federal Reserve is likely finished with rate cuts for the foreseeable future, according to a Bank of America Corp. (NYSE: BAC) expert who spoke at a local event.
U.S. banks reach record highs on strong Q4 earnings, driven by lending income, cost-cutting, and deal-making. Goldman Sachs predicts continued growth.
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The last of the six major US banks recently exited the Net Zero Banking Alliance. These departures may have created a buzz, but we caution investors against being misled
Ida Liu, an 18-year veteran of the bank, did not detail her future plans. Citi eliminated her post and will instead have four regional private-banking chiefs.
Citigroup is reorganizing its private banking division, with regional heads now reporting to Andy Sieg, the bank's new wealth management chief.
By bnm Gulf bureau Saudi Arabia's $500bn megaproject NEOM has secured a landmark €3bn financing facility through Italy's export credit agency SACE, representing the agency's largest unconditional financing package to date,