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Payday loan practices 'unlikely to improve under new rules'
Consumer rights campaigners say more action is needed to stop consumers racking up huge debts Rules to improve lending practices by payday loan companies are unlikely to offer greater protection for customers in the near future, consumer rights campaigners have warned. An updated code of practice announced by the Finance and Leasing Association (FLA) includes limiting the number of times a ...

Canada banks stable, but EPS growth to slow: Fitch
TORONTO (Reuters) - Canada's banks should expect earnings growth to slow this year compared with 2011, but the sector should continue to outperform its international peers, debt ratings agency Fitch said on Tuesday. In a report, Fitch said the banks' earnings deteriorated in late 2011 due to slowing loan growth, unpredictable capital markets revenue, and narrow lending margins due to low ...

Loan Week, January 27-February 2
A roundup of the latest syndicated loan market news.

China's panda loan could signal cuddly new relations
China's decision to export its unique brand of furry diplomacy to Canada may signal a new era in relations between the two countries, one expert says.

White Tiger Announces Signing of VTB $150m Loan Facility to Fund Expansions in Russia
ROAD TOWN, TORTOLA, BRITISH VIRGIN ISLANDS-- - White Tiger Gold Ltd. announced today that it has signed loan agreements with VTB Capital plc to enter into senior secured term loan facility of up to US$150 million to fund the Company's production, development and exploration activities. The funds are ...

Canada PM Harper goes to China to boost trade
Canada's prime minister heads to China on Tuesday in a bid to pry open more of the Chinese market for Canadian resources after Washington snubbed Canadian oil, in a visit that will also bring pandas to Canada.

Canada Bubble Seen as IMF Risk With Record Low Rates: Mortgages
Kevin Lau, a Toronto-based technology consultant, says he can’t wait to take advantage of the lowest mortgage rates in Canadian history to buy a second condominium and rent his current home.

Instant money loans: Payday loan firms are ruining lives
And the payday loans industry, which is now worth £2 billion in the UK, is spending millions of pounds to woo young, working women who are feeling the pinch.

Loan to help in expansion of reconstructed business
A loan from a group that former U.S. Sen. John Danforth helped organize after the Joplin tornado will allow Southtown Cleaners and Alterations to add equipment and services, owners of the business said Friday.

CCS Corporation Closes Term Loan
CALGARY, ALBERTA-- - CCS Corporation today closed a $200 million incremental term loan under its existing credit facilities. The incremental term loan matures on November 14, 2014 and is consistent with ...

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