Posts in

Archives


By Guillermo Parra Bernal SAO PAULO (Reuters) – Brazil’s biggest listed lenders are facing a deluge of demands from companies to renegotiate at least 100 billion reais ($28 billion) in problem loans, posing headwinds for an industry grappling with a severe recession and rising delinquencies. The head office of Odebrecht SA is pictured in Sao …

WASHINGTON–(BUSINESS WIRE)–Today, CordiaGrad announced its relaunch as Purefy Inc. The name change signifies the company’s commitment to helping college graduates and their parents save money by refinancing their student loans at high cost. The national online lender’s new name follows a split from Bank of Virginia and its parent company, Cordia Bancorp, last month. Founder …