Arsenal’s huge loan to offset the impact of COVID

Premier League giants Arsenal have taken out a stg 120million (AU $ 210million) ‘short-term’ corporate loan from the Bank of England to help offset the impact of the COVID pandemic -19 as a result of their recent cost reduction. During the month of August, the London club announced its intention …

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Former Texas bank president admits setting records on fire to hide bogus loans she issued

When a bank in a small town in east Texas caught fire the day before state inspectors were due to examine the books, few thought it was a coincidence. The May 2019 fire at Enloe State Bank in Cooper was started in the bank’s boardroom. Someone had stacked files on …

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Florida Liberty Counsel, SPLC Designated Hate Group, Received Over $ 420,000 in P3 Loans

Click to enlarge Screenshot via Liberty Counsel | Facebook Mat Staver The Liberty Counsel, a 501 (c) (3) far-right nonprofit advocacy group that fights for pro-Christian legal rights and has a long history of anti-LGBTQ rhetoric, received nearly a half -million dollars from the Federal Paycheck Protection Program. (PPP). According …

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Deducting the interest on a mortgage is more difficult under the new tax rules

The rules for deducting mortgage interest on real estate loans have become more delicate in the Tax Reductions and Employment Act (TCJA.) The new rules generally limit mortgage interest deductibility up to $ 750,000 in debt for a home purchase. In some cases, the new rules also prohibit deducting interest …

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Opinion: Giant mortgages are haunting the housing market and things could get really scary

The American real estate crash of a dozen years ago is obviously ancient history for many mortgage lenders. Mortgage underwriting standards have eased considerably over the past two years; one of the largest mortgage originators in the US now offers a jumbo mortgage of up to $ 1 million with …

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Mumbai: Seven detained for car loan racketeering, 19 vehicles seized | Bombay News

MUMBAI: branch of urban crime broken an interstate car to lend failing racket, seized 19 new high-end cars and arrested seven people, including a former loan officer of a Bank. Mercedes Benz, Audi, Toyota Innova, Fortuner, Ford Endeavor and Mini Cooper cars are among those seized in Mumbai, its outskirts, …

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Chase Freedom Flex vs. Chase Freedom Unlimited – Forbes Advisor

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but this does not affect the opinions or ratings of our editors. Chase recently announced a brand new credit card product to his wallet, the Chase Freedom Flex℠. This comes at an opportune …

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SMCP obtains a loan of 140 million euros guaranteed by the State

French premium fashion group SMCP has announced that it has obtained a state-guaranteed loan of 140 million euros to help it mitigate the financial impact of Covid-19. “The group has taken out a loan of 140 million euros, 90% guaranteed by the French State (PGE) with a maturity of one …

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Banks in China are testing facial microexpression detection to reduce fraud

Chinese financial services provider Ping An has created technology to detect users’ unintentional microexpressions with smartphone cameras to determine their veracity, PYMNTS reports. Citing a Financial Times article, PYMNTS writes that Chinese banks are concerned that customers are lying about their reasons for applying for loans. Standard Chartered Bank chief …

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How to Save Money on Daily Shopping Using Chase Deals – Forbes Advisor

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but this does not affect the opinions or ratings of our editors. Many banks offer some kind of discount program to cardholders. The best known of these discount programs is Amex offers—A program …

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