US Federal Reserve releases banks’ emergency aid details
The US Federal Reserve has named the companies that used its emergency loan facilities during the financial crisis and revealed how much they borrowed. Details of more than 21,000 transactions aimed at stabilising financial markets have been posted on the Fed’s website. The documents’ release was ordered by Congress, and will be picked over by [...]
December 13, 2010
Tags: Bankrupcy, banks, Credit Crunch, FED, Loan calculator, sovereign debt, sub prime loans Posted in: Borrowing Costs, Credit Crunch, Debt Management, Lenders, Uncategorized 
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Bank of England Governor puts his principles before pay
Bank of England Governor Mervyn King has refused any pay rise for the next two years, opting to keep his salary at £305,764. The Governor of the Bank of England is eligible for an annual 2.5 per cent increase, worth more than £7,500 a year. This is the second time that Mr King has refused [...]
June 7, 2010
Tags: Bank of England, Bernanke, Credit Crunch, ECB, FED, Loan calculator, uk recession Posted in: Uncategorized No Comments
Bank reforms outlined by new government
The Conservative -Lib Dem coalition has reiterated its far reaching plans for the reform of the banking sector.The new government plans to introduce a a tax on banks and measures to tackle “unacceptable” bank bonuses, according to its coalition agreement. An independent commission will also be established to look at breaking up banks into their [...]
May 24, 2010
Tags: Bank of England, banks, Barack Obama, Conservatives, FED, finances, IMF Posted in: Uncategorized No Comments
US to keep loans interest rates low
The Amercian US Federal Reserve repeated its promise to keep interest rates low for an extended period as economic activity remains weak. Releasing the minutes from its December meeting, the central bank committee left the lending rate at zero to 0.25 per cent. There has been no change to the rate since last December. The [...]
December 16, 2009
Tags: Bernanke, FED, home loans, Interest Rates, loans rates Posted in: Uncategorized No Comments
Wall Street lower on gloomy data
US investors opt to take profits on release of disappointing data and as Bernanke warns that America must curb its budget deficit. Gloomy housing sector data and continued layoffs led to a subdued Wall Street opening as investors played safe with their profits after a succession of session gains. Investors were also reacting to a [...]
June 3, 2009
Tags: Bernanke, FED, mortgage calculator, US loans rates, US mortgage rates Posted in: Uncategorized No Comments
US Loans markets defy FED as Treasury yields spike
The US Federal Reserve Board (FED may soon be forced to launch fresh blitz of quantitative, or risk seeing economic recovery snuffed out by the latest surge in long term borrowing costs. Yields on 10 year Treasury bonds have risen relentlessly since March when the Fed first announced its plan to buy $300bn (£188bn) of [...]
May 28, 2009
Tags: consolidate debt loans, FED, home loans, refinancing rates, US loans rates, US mortgage rates Posted in: Uncategorized No Comments
Bout of profit taking snaps the equity rally
As feared yesterday we witnessed a sharp bout of profit taking in the equity markets as investors took the opportunity to lock in their profits after a 5% rally last week. The move may have been catalysed by the fact that several large US banks were looking to use common equity issuance to raise funds [...]
May 13, 2009
Tags: Bernanke, FED, inflation, OECD, uk recession Posted in: Uncategorized No Comments
European Central Bank falls into line and embraces quantitative easing
Rearguard action by Germans to stave off ‘undesirable option’ dismissed by central bank’s governing council as ECB cuts loans rates to 1%. The European Central Bank is now following the policy first adopted by the Bank of England and America’s Federal Reserve The European Central Bank has cut interest rates a quarter point to a [...]
May 8, 2009
Tags: Bank of England, ECB, falling interest rates, FED, Interest Rates, Quantitative Easing Posted in: Uncategorized No Comments
Loan Calculator radar set on Thursday’s ECB rate decision
Last month the European Central Bank (ECB) surprised the markets by only cutting interest rates by 25 basis points to 1.25%- a record low but when compared against the UK interest rates of 0.5% and against the US of 0-0.25% then comparatively still high in the current global climate. The market wanted to see more [...]
May 6, 2009
Tags: consolidate debt loans, ECB, falling interest rates, FED, Interest Rates, UK loans rates, US loans rates Posted in: Uncategorized No Comments
Pendulum again swings towards risk appetite
The Fed stuck to their guns following the March announcement that they will still purchase a total of up to $1.25 trillion of agency mortgage-backed securities and up to $200 billion of agency debt by the end of the year, as well as $300 billion of Treasury securities by autumn. On the upside the FED [...]
May 1, 2009
Tags: FED, home loans, Quantitative Easing, Reserve Bank of New Zealand, UK loans rates, US loans rates Posted in: Uncategorized No Comments
