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UK bond sale gamble comes good
Banks sell £7bn in new 25-year gilts after demand for British debt rises to £15.25bn in the space of two hours
Financial Times

Banking - Mexico - Crédito Inmobiliario targets 28% loan growth, readies securitization
Mexican non-bank lender Crédito Inmobiliario (CI), recently acquired by Spain's Caja de Ahorros del Mediterráneo (CAM), aims to grow its loan book by 28% in the next 12 months and tap the securitizati...
BN Americas

Bridge loans available to small businesses
The U.S. Small Business Administration has begun accepting applications for america's Recovery Capital, or ARC, loans.
Biz Journal

Ask Money Builder: Repaying Student Loans Based On Income
We answer reader questions about the new income-based repayment plan.
Forbes

Telecommunications - Argentina - Telecom Italia preparing to sell stake in TEO, according to sources
Telecom Italia (NYSE: TI) has hired Credit Suisse First Boston to help it structure the sale of its stake in Telecom Argentina (NYSE: TEO), Argentine and international press reported, quoting market s...
BN Americas

Obama to Take on Mortgage Market
WASHINGTON (UPI) -- The Obama administration is set to tell U.S. mortgage lenders they must keep a portion of loans they sell to share in the risks, a Treasury spokesman said. The proposed change woul...
Big News Network

Obama wants new financial agency for consumers
WASHINGTON (AP) -- Setting up a certain fight with big business, President Barack Obama is proposing a new regulatory agency to police lenders and protect consumers in credit, savings and other banking transactions ....
The Arizona Republic

Snack-In-The-Box Franchise - Recession-proof marketplace
Snack distribution franchise Snack-in-the-Box remains bouyant despite the credit crunch as employees continue to enjoy its Cadbury brand product range
TheFranchiseMagazine

N.J. debt-collection act closer to reality
The first call came in late April. Megan Duffy, a 21-year-old college student, picked up the phone at her parents' home in Belmar, N.J., and heard the voice of a debt collector.
The Philadelphia Inquirer

Citigroup CEO: Accept new world of tighter credit
Borrowers should accept a new world of tighter, more expensive credit as financial institutions recover from months of bad loans, failed banks and foreclosed homes, Citigroup Inc.'s chief executive said Monday.
The Philadelphia Inquirer

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