New Zealand’s small and medium businesses are being revitalized with government funds which are being channeled through peer-to-peer lenders. Kalyan Kumar explains.
Fitch: Lending Club IPO could be industry catalyst
The looming Lending Club IPO could motivate other players to consider one of their own. It could also encourage investors to monetize their investments, says Fitch.
Aussie big banks facing possible downgrade
Even though they did fairly well during the recession, Australian big banks reliance on foreign investment could leave them vulnerable to a capital exodus, the Murray Commission concluded. Unless those banks find a way to save more capital, they could face a downgrade, explains Karen Maley.
Possible big bank exodus could sway Scottish independence voters
Several big banks have said if Scots vote to separate they will move their offices to London. Might this influence voters? Sylvia Hui with analysis.