Home » 2013 » January (Page 83)
G.E. Finance Unit Will Acquire Heller Financial for $5.3 Billion
15 january 2013 General Electric’s financial services subsidiary, GE Capital, said yesterday that it had agreed to buy Heller Financial for $5.3 billion in cash, or $53.75 a share. Based…
Designated Finance Minister Drops Out of Greek Cabinet, Citing Health Problems
15 january 2013 ATHENS — Greece’s designated finance minister resigned on Monday after being hospitalized, an unexpected blow to the new government of Prime Minister Antonis Samaras as it struggles…
Borrowers pay back £400m in December
15 January 2013 Consumers cut their debts at the fastest rate in two decades during December amid signs they dipped into savings to pay for Christmas. Bank of England figures…
Putting Political Reform Right Into the Pockets of the Nation’s Voters
15 january 2013 In “Republic, Lost” Lawrence Lessig — a Harvard Law School professor and a leading advocate of applying the principles of open Web access to less technical forms…
Roll-over loans curb agreed by Wonga
15 January 2013 Britain’s biggest payday loan company, Wonga, has signed up to a new code of practice being introduced on Wednesday that will restrict the number of times a…
EU targets payday loan sites that break rules
15 January 2013 Payday loan firms which flout European consumer rules will be shut down, the European Union said this week. Its investigations found that four out of five UK…
Inquiry Looks Into a Shield for Donors in Elections
15 january 2013 Attorney General Eric T. Schneiderman of New York has begun investigating contributions to tax-exempt groups that are heavily involved in political campaigns, focusing on a case involving…
Pawn again: The rebirth of the high-street credit merchants
15 January 2013 Room in Mayfair, two men shake hands across a sleek wooden desk. Casually but expensively dressed, one gets up and turns toward the glass security door that’s…
Campaign Finance Lessons for Disillusioned Asian-American Group
15 january 2013 Concerned about the dampening effect that a fund-raising scandal involving the city comptroller could have on Asian-American voters, the New York City Campaign Finance Board held a…
A Top Egyptian Minister Quits in Protest Over Killings
15 january 2013 CAIRO — Egypt’s finance minister resigned Tuesday in protest over the killing of two dozen unarmed Coptic Christian protesters by the security forces, as reverberations from the…
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