What’s the best collateral for a bank? In Washington last week Bank of America’s President Lawrence Mario Giannini described one kind of collateral which had helped the bank founded by his father to ...

Learn how cross-collateralization affects your finances, especially with auto and mortgage loans. Protect yourself by understanding lender practices and key terms.

In a typical secured transaction, a borrower pledges an asset (in most cases this involves securities, although it is possible that the pledged asset can be trade receivables or other collateral) to a ...

LONDON (Reuters) - The Bank of England said on Friday it would rejig the list of countries whose securities it accepts as collateral from commercial banks that want to participate in its money market ...

Clearing reform in the over-the-counter (OTC) derivatives markets will not reduce systemic risk, according to 50% of market participants surveyed at a recent industry gathering at University College ...

IMF senior economist Manmohan Singh says the shadow-banking system is a necessary part of the monetary universe, and therefore something that regulators and policymakers must thoroughly understand if ...

Hong Kong – Bloomberg announced today that Shanghai Commercial Bank (“SHCB”), a leading bank in Hong Kong with a presence in the United Kingdom, United States of America and Mainland China, has ...

Wema Bank has launched collateral-free SMEs’ loans to assist businesses negatively affected by the Coronavirus pandemic to grow their operations. In a statement, the bank said the product is in line ...