Cramer Issues Cautionary Advice to Private Credit Investors
Jim Cramer has issued a stark warning to those investing in private credit, emphasizing the potential risks involved in such investments.
Editorial Staff May 10
Banking
Latest Banking stories from Money.
Korean Fintech Toss Aims to Make Facial Payments Commonplace
Toss, a South Korean fintech company, has set an ambitious goal to phase out physical credit cards within three years, promoting facial recognition technology for payments.
Editorial Staff May 8
IsoEnergy's Strategic Moves Amidst Uranium Supply Shortages
IsoEnergy is making significant strides in the uranium sector by restarting one mine and expanding another, as the market faces a notable supply shortage.
Editorial Staff May 5
HSBC Reports Decline in First-Quarter Profits Amid Fraud-Related Losses
In its latest financial report, HSBC disclosed a $100 million drop in first-quarter income, totaling $9.4 billion, which fell short of analysts' forecasts.
Editorial Staff May 5
Understanding HELOC and Home Equity Loan Rates on May 4, 2026
On May 4, 2026, we examine how homeowners can utilize their home equity to foster financial growth through HELOC and home equity loans.
Editorial Staff May 4
Blue Owl Secures $9 Billion Amidst Softening Private Credit Landscape
While Blue Owl's reported $9 billion growth is notable, it masks a disappointing $700 million rise in fee-paying assets, indicating challenges in the private credit sector.
Editorial Staff Apr 30
Bank of England Maintains Interest Rates Amid Economic Concerns
The Bank of England's Monetary Policy Committee has decided to keep interest rates steady at 3.75%, while signaling readiness to increase rates if the ongoing energy crisis continues to affect the economy.
Editorial Staff Apr 30
StanChart Reports Record Profit Amid $190 Million Charge Linked to Iran Conflict
Despite setting aside $190 million to mitigate risks associated with the ongoing conflict in the Middle East, StanChart has announced a record quarterly profit.
Editorial Staff Apr 30
Strategies for Refinancing a Car Loan Despite Bad Credit
Discover practical approaches to refinancing your car loan, even if your credit score is less than ideal.
Editorial Staff Apr 29
UBS Reports Significant Profit Increase Amid Market Volatility
UBS has experienced an 80% surge in profits, attributed to heightened trading activity driven by market volatility linked to the ongoing conflict in the Middle East.
Editorial Staff Apr 29
Ken Griffin Raises Concerns Over Wealthy Investors' Understanding of Private Credit Risks
Citadel's founder, Ken Griffin, warns that many wealthy individuals may not fully grasp the risks associated with private credit investments, particularly regarding fund liquidity.
Editorial Staff Apr 29
Current HELOC and Home Equity Loan Rates: April 1, 2026
As of April 1, 2026, homeowners can review the latest HELOC and home equity loan rates to develop an effective repayment strategy.
Editorial Staff Apr 28
Silver Rock Capital Partners Secures $4 Billion for Private Capital Ventures
Alumni from the Milken family office have successfully raised $4 billion, marking the largest credit fund to date for Silver Rock Capital Partners.
Editorial Staff Apr 28
Current HELOC and Home Equity Loan Rates as of March 16, 2026
Discover the updated rates for HELOCs and home equity loans to effectively utilize your home equity as of March 16, 2026.
Editorial Staff Apr 27
The Increasing Importance of Strategic Leadership in Major Banks
As the U.S. economy consolidates, the strategic choices made by senior leaders at major banks are becoming increasingly significant, impacting their operations and future.
Editorial Staff Apr 24
EU Aims to Resolve Hungary's Veto on €90 Billion Loan for Ukraine
The European Union is optimistic about moving forward with a €90 billion loan for Ukraine, contingent on Hungary lifting its veto, which may also lead to new sanctions against Russia.
Editorial Staff Apr 23
Massive Lithium Deposit Discovered Beneath U.S. Supervolcano
A newly discovered lithium deposit, estimated to be worth $1.5 trillion, lies beneath a supervolcano in the United States, potentially influencing the global energy sector.
Editorial Staff Apr 22
Kazakhstan Partners with Russia for Nuclear Power Project Financing
Kazakhstan has secured a loan from Russia to support the development of its first nuclear power plant, marking a significant step in its energy strategy.
Editorial Staff Apr 21
The Impact of US Intervention on Swiss Banking: The Case of MBaer
MBaer, a Swiss merchant bank, managed to endure extensive scrutiny domestically until external pressures from the US ultimately determined its downfall.
Editorial Staff Apr 21
Equinor's Rating Adjusted by Danske Bank to 'Hold'
Danske Bank has changed its rating for Equinor, now categorizing it as a 'Hold' position, indicating a more cautious outlook.
Editorial Staff Apr 19