July 11 (Bloomberg) -- Veli-Pekka Kaipainen needed cash in a hurry to pay off gambling debts. So he started texting. The Zamboni ice-resurfacing machine driver used his mobile phone to contact Finland's text-message lenders. The only catch was he had ...

Steve & Barry's is out of money and under orders from lenders to find a buyer or place itself in the hands of a liquidator by July 31 , according to bankruptcy court documents. In announcing its Chapter 11 filing Wednesday, the discount fashion ...

SYDNEY, June 30 (Reuters) - Australian investment firm Babcock & Brown Ltd , hit by worries over high debt earlier this month, won a reprieve from its lenders, sending its shares up as much as 17 percent on Monday. Two-thirds of Babcock ...

Federal officials say they are attacking mortgage fraud on multiple fronts, from small lenders and brokers to Wall Street executives who were involved in selling shaky mortgage-backed securities to investors. During the real estate boom, lenders made ...

Lenders have questioned an official’s investment in what turned out to be a fraudulent venture that took more than $54 million from shareholders.

CHINA told lenders to set aside more money for a fifth time this year to cool inflation that is close to an 11-year high in the world's fastest-growing major economy. Banks must put aside a record 17 per cent of deposits as reserves starting June 15 ...

WASHINGTON (AP) — President Bush, acknowledging the economic "tough times" for many Americans, said Monday that he remains opposed to any homeowner rescue legislation that would be a bailout for lenders. The president's comments came as Senate ...

The number of mortgage products that are available to property buyers has decreased by almost 75% since April 2007. Lenders are making it increasingly more difficult for the first time investor to enter the buy to let market. In response to the credit crunch, banks appear to be hitting landlords the hardest