China's Baidu Inc said it will sell a majority stake in its financial services business for about $ 1.9 billion (1.4 billion pounds) to a consortium led by TPG Capital Management LP and Carlyle Group LP, as it looks to deepen
its push into financial services.
Not exact matches
The country's
Financial Services Commission (FSC) said that investments in cryptocurrencies «are being
pushed into a non-productive speculative direction.»
Grab, to its credit,
pushed on and raising another $ 2.5 billion last year from investors while it expanded
into financial services through a payment system and, most recently, plans for micro-loans and insurance.
Golden
Financial Services is unlike other debt relief companies that offer a single program or lawyers who try to
push people
into bankruptcy.
Commission - based advisors, in particular, may profit off churning your investments or
pushing you toward certain products or
services that may not align with your
financial goals, such as funneling your money
into expensive mutual funds when a low - cost ETF could offer the same benefits.
The loan
servicing industry's longstanding failures came
into sharp focus three years ago when an analysis of consumer complaints by the federal Consumer
Financial Protection Bureau found that some companies were pushing struggling borrowers toward default — which essentially ruins their financial lives — by giving them misinformation, by making it difficult for them to refinance their loans and pay lower rates, and by withholding information about affordable payme
Financial Protection Bureau found that some companies were
pushing struggling borrowers toward default — which essentially ruins their
financial lives — by giving them misinformation, by making it difficult for them to refinance their loans and pay lower rates, and by withholding information about affordable payme
financial lives — by giving them misinformation, by making it difficult for them to refinance their loans and pay lower rates, and by withholding information about affordable payment plans.
It is no surprise that First Marblehead has made its
push into the student loan market since it specializes in
financial services and lending.