Lending Loop

Fidelity | August 26, 2020

The Fidelity Index UK Gilt and Fidelity Index Sterling Corporate Bond funds will aim to provide investors with a low-cost passive fixed income solution, with ongoing charge figures of 10 and 12 basis points respectively. The Gilt fund will track the FTSE Actuaries UK Gilts index and the corporate bond offering will follow the iBoxx GBP Liquid Corporates Large Cap index. Head of wholesale John Clougherty said the extension of Fidelity's UK-domiciled index funds range to nine "reaffirms o...

World Bank | June 25, 2020

The World Bank has published a report analyzing options to enhance the transformative and catalytic impact of public climate finance by addressing systemic barriers to low-carbon and climate-resilient investments. Titled, ‘Transformative Climate Finance: A New Approach for Climate Finance to Achieve Low-carbon Resilient Development in Developing Countries,’ the report identifies eight sets of climate levers to drive climate action: project-based investments; financial sector r...

Bank of America | January 15, 2020

Bank of America Corp got stung by lower interest rates in the fourth quarter, sending its profit down 4%, a trend that management expects to continue this year. The Charlotte, North Carolina-based lender is especially vulnerable to rate movements because of the composition of its balance sheet. As the Federal Reserve cut rates three times last year, analysts predicted Bank of America’s earnings would suffer. The bank blunted the impact last quarter by growing loans at a rapid clip, and man...

FINANCIAL MANAGEMENT

One Click Contractor | April 08, 2022

One Click Contractor, a full-service sales enablement platform for home improvement contractors, is announcing the launch of HomeVest Finance, a new product integration that offers non-mortgage financing designed to help homeowners achieve their dream homes. HomeVest Finance utilizes a multi-lender point of sale financing platform within One Click's sales solution to provide financing tailored to meet contractors and customer's needs. Thoughtfully optimized ...