Reuters

UniCredit prices loans using significant risk transfer capital relief, Bloomberg News reports

May 28 (Reuters) - UniCredit (CRDI.MI), opens new tab is including the capital benefit from significant risk transfer (SRT) into its process for granting and pricing new loans, the head ‌of the bank's ...
WTVD

New Executive Order targets use of insider information in prediction markets

RALEIGH, N.C. (WTVD) -- Governor Josh Stein signed an Executive Order aimed at restricting how state employees interact with prediction markets, following growing concerns about insider information ...
Reuters

India cenbank proposes allowing lenders to curb usage of phones bought on loans in case of default

May 20 (Reuters) - India's central bank on Wednesday proposed allowing lenders to remotely restrict or disable functions of a mobile phone or tablet bought on credit in cases of ‌default in loans used ...
The Business Journals

St. Louis Galleria loan carries imminent default risk, lender says

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The mall's occupancy fell and ...
Wired

The US Is Using AI to Hunt Down Insider Trading on Polymarket

CFTC chairman Michael Selig sat down with WIRED to discuss how the agency scours Polymarket and other prediction markets for illegal activity. Now, however, the Commodity Futures Trading Commission, ...
KSL

More shoppers using short-term loans for essentials: Here's how to keep them in check

SALT LAKE CITY — Shoppers used to use "buy now, pay later" to buy life's finer things: 4K televisions, gaming consoles, designer handbags, etc. Now, a lot more people are using short-term loans for ...
AOL

4 Ways Your Student Loans Could Be Affecting Your Credit

What do you mean that the cost of your education can directly impact what kind of mortgage loan you can get for a house? Well, if you're thinking about taking out student loans for a new degree or you ...
Business Insider

They were told their private student loans were paid off. Then they were sued.

This is the first story in Business Insider's new series, "Student debt spiral," examining the companies, policies, and financial pressures reshaping how Americans navigate college loans. In February ...
The Real Deal

Starwood faces default on $265M hotel portfolio loan

Barry Sternlicht’s Starwood Capital Group is staring down the barrel of another major commercial real estate default. A $265 million loan taken out in 2018 by a Starwood affiliate against a ...
Covers

Do Prediction Market Player Prop Contracts Meet 'Economic' Use Standard?

That’s what legal counsel for Kalshi suggested in Massachusetts on Monday, as the prediction market operator aims to keep state regulators away from its sports event contracts. It’s hard to argue that ...
The Real Deal

Hackman defaults on $100M loan on creative office campus, faces foreclosure

Hackman Capital Partners is in more trouble, as the Los Angeles-based studio owner adds another nine-figure default to its roster. Michael Hackman’s company defaulted on a $100 million loan on what ...