Catenna, Friday, March 14, 2025- China’s financial regulator on Friday ordered banks and other financial institutions to encourage more consumer financing and properly relax consumer credit quotas and loan terms to increase consumer spending in China. The National Financial Regulatory Administration (NFRA) said banks should lend more and also find ways to help borrowers who […]
Catenaa, Monday, August 04, 2025- UBS on Monday said it will pay $300 million to settle outstanding obligations related to the misselling of mortgage-linked investments by Credit Suisse in the US. Last Friday, UBS said that Credit Suisse Securities agreed with the US Department of Justice to resolve all of Credit Suisse’s outstanding consumer relief […]
Catenaa, Friday, June 27, 2025- The US Federal Housing Finance Agency (FHFA) will assess whether cryptocurrency holdings can be factored into mortgage qualification, marking a potential policy shift that could integrate digital assets into one of the nation’s most critical financial sectors. FHFA Director Bill Pulte, appointed by President Donald Trump in March, announced the […]