[ad_1] A South Korean company whose app lets users transfer money, take out loans, trade stocks and check their credit scores has raised funds at… Read More »South Korea’s Answer to Robinhood and Venmo Lands a $7 Billion Valuation
[ad_1] Credit Suisse CS -2.21% Group AG and SoftBank 9984 -0.80% Group Corp. Chief Executive Masayoshi Son recently dissolved a longstanding personal lending relationship and… Read More »WSJ News Exclusive | Credit Suisse Slashes Business With SoftBank and Its Founder, Masayoshi Son
[ad_1] Federal Reserve Chairman Jerome Powell Photo: joshua roberts/Reuters The Federal Reserve will soon begin selling off the corporate bonds and exchange-traded funds it amassed… Read More »Fed Plans to Sell $13.7 Billion of Corporate Bonds, ETFs by Year-End
[ad_1] Banks are loosening the purse strings for consumer borrowers. Credit cards, auto loans and other personal loans are all getting easier to come by,… Read More »Need a Credit Card or Auto Loan? Banks Are Making Them Easier to Get
[ad_1] Thousands of venture-capital-backed startups applied for U.S. government-assistance loans when the pandemic hit. Many of them then went on to raise hundreds of millions… Read More »Some Startups Went From Rescue PPP Loans to SPAC Windfalls
[ad_1] WASHINGTON—The federal regulator of Fannie Mae and Freddie Mac unveiled a new program Wednesday aimed at helping more households lock in historically low interest… Read More »Mortgage Refinancing Initiative to Help Lower-Income Borrowers
[ad_1] General Electric Co. GE 0.15% reported lower revenue and a loss in its first quarter as the company’s jet-engine business and divestitures weighed on… Read More »GE Posts Lower Sales, Loss on Restructuring Moves
[ad_1] Demand for business loans in the eurozone fell and banks tightened credit standards in the first quarter of this year, a toxic combination that… Read More »Weak Lending in Europe Hampers Covid-19 Recovery
[ad_1] WeWork has agreed to merge with a special-purpose acquisition company, according to people familiar with the matter, in a deal that would take the… Read More »WSJ News Exclusive | WeWork Agrees to SPAC Deal That Would Take Startup Public
[ad_1] Nokia Corp. NOK 1.90% plans to cut between 5,000 and 10,000 jobs over the next two years, a move it said would make it… Read More »Nokia to Cut Up to 10,000 Jobs to Offset 5G Investment