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The largest U.S. banks are reporting a slowdown in lending. Bank of America and PNC were the latest to do so, with the former reporting Tuesday (April 16) that lending was “sluggish” and the latter saying its lending dropped 1%, the Financial Times (FT) reported Tuesday. With their earnings reports released Tuesday, they joined three other top banks — Citigroup, JPMorgan Chase and Wells […]
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Asmodee Group To Pay €900 Million Debt From Embracer Group Restructuring
As part of Embracer Group splitting into three separate companies, Asmodee Group will be saddled with repaying a €900 million debt.Read this article on TechRaptor
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'Do I Pay for My Daughter's Ear Infection or Food': Manager Had $34K Student Debt, Now It's Over $500K
As a senior manager at a pharmaceutical firm, Angela Bolt's student loans began at $34,000, but have grown to an overwhelming $528,152 over the years. In a BBC interview, she expressed her disbelief, saying, "The numbers are so real and astronomical that I can't even fathom making a payment."As of early 2023, Bolt's monthly payment was $5,698.30. She remarked, "That's basically almost what I makeThere's no way I'll be able to make payments in my life. The kind of payments they want."Despite...