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Klarna Bank, which advertises itself as a way to spread the cost of the latest brands and smartphones, is shelling out loans for milk and gas with cash-strapped customers looking for ways to cover basic necessities.
July 11
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The group that worked with the Fed to devise an alternative rate to Libor rejects criticism that the index favors megabanks.
May 11
Alternative Reference Rates Committee -
The bank started buying more Treasurys and mortgage-backeds over a year ago, long before talk about rate cuts. What did it know that its rivals didn't?
August 25
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The remarks by the comptroller of the currency came as his agency released a new report on emerging risks in the banking industry.
May 24
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The London interbank offered rate has its faults, but at least it compensates for counterparty risk; not so the benchmark being touted as a replacement.
May 14
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The IACPM's quarterly survey indicates an even split among credit portfolio managers on North American credit spreads in both investment-grade and high-yield assets.
October 19
