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PRA Group, Inc. | April 05, 2022
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, announced today that on April 1, 2022, it completed the refinancing of its European credit facilities. This refinancing includes a new $800 million UK credit facility and an amended and resized $750 million credit facility covering the rest of Europe, excluding the UK. The new UK facility includes a diverse group of both new and existing lenders that participate in both the North American...
Investing.com | April 06, 2020
The cost of swapping euros and sterling for dollars in FX swap markets fell on Monday to the lowest in over a decade in a sign of success for central banks' operations, though some other indicators imply money market stress has not wholly dissipated. The swap moves follow a series of policy efforts to squelch the strains in dollar funding markets, including the U.S. Federal Reserve's dollar swap lines for many foreign central banks and offer of temporary 'repo' facilities for oth...
i2c Inc. | September 16, 2021
i2c Inc., a leading provider of digital payment and banking technology, today announced its partnership with Solid, a modern Fintech as a Service (FaaS) platform, to provide streamlined access to banking, payments, and card services to companies.
By working with fintech enablers like i2c, Solid offers SMEs, FIs, and neobanks a compliant, managed solution to support a variety of payments use cases on a single, digital first platform. Solid’s extensive network of sponsor banks...
HSBC Bank | July 02, 2020
HSBC Bank USA, N.A. ("HSBC USA"), part of HSBC Group, one of the world’s largest banking and financial services companies, today announced it will provide $10 million to support the New York Forward Loan Fund (NYFLF), part of Governor Andrew M. Cuomo’s initiative to reinvigorate New York’s smallest businesses, landlords and critical non-profits. The NYFLF will provide affordable and flexible capital to participating Community Development Financial Institutions (CDFIs)...
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