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Consumer Lending

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American Express reports preliminary card member loans stats for September

Monday, 16 Oct 2017

Oct 16 (Reuters) - American Express Co ::Preliminary U.S. small business card member loans 30 days past due loans as a % of total 1.1 percent at September end vs 1.1 percent at August end ‍​.Preliminary USCS card member loans net write-off rate – principal only 1.6 percent at September end vs 1.8 percent at August end.Preliminary USCS card member loans 30 days past due loans as a % of total 1.3 percent at September end vs 1.2 percent at August end.Preliminary U.S. small business card member loans net write-off rate - principal only 1.4 percent at September end vs 1.6 percent at August end.

American Express reports credit card stats for August‍​

Friday, 15 Sep 2017

Sept 15 (Reuters) - American Express Co ::USCS Card member loans net write-off rate – principal only 1.8 percent at August end versus 1.8 percent at July end ‍​.USCS card member loans 30 days past due loans as a % of total 1.2 percent at August end versus 1.2 percent at July end.U.S. small business card member loans 30 days past due loans as % of total 1.1 percent at Aug.-end versus 1.1 percent at July-end.U.S. small business card member loans net write-off rate – principal only 1.6 percent at August end versus 1.9 percent at July end - SEC filing‍​.

American Express reports credit card statistics for July

Tuesday, 15 Aug 2017

Aug 15 (Reuters) - American Express Co : :American Express Co - USCS card member loans 30 days past due loans as a % of total 1.2 percent at July end versus 1.1 percent at June end.American Express Co - U.S. Small business card member loans 30 days past due loans as a % of total 1.1 percent at July end versus 1.1 percent at June end‍​.American Express Co - U.S. Small business card member loans net write-off rate – principal only 1.9 percent at July end versus 1.6 percent at June end.American Express Co - USCS card member loans net write-off rate – principal only 1.8 percent at July end versus 1.7 percent at June end‍​.

American Express Co reports card member loans stats for February

Wednesday, 15 Mar 2017

American Express Co : U.S. Small Business Card Member Loans 30 days past due loans as a % of total 1.3 percent at Feb end versus 1.2 percent at Jan end . U.S. Small Business Card Member Loans net write-off rate – principal only 1.5 percent at Feb end versus 1.4 percent at Jan end -SEC filing . USCS Card Member Loans net write-off rate – principal only 1.8 percent at Feb end versus 1.5 percent at Jan end .USCS Card Member Loans 30 days past due loans as a % of total 1.2 percent at Feb end versus 1.2 percent at Jan end.

American Express card member loans stats for January

Wednesday, 15 Feb 2017

American Express Co : American Express Co - USCS card member loans 30 days past due loans as a % of total 1.2 percent at Jan end versus 1.1 percent at Dec end . American Express Co - USCS card member loans net write-off rate – principal only 1.5 percent at Jan end versus 1.5 percent at Dec end . American Express Co - U.S. small business card member loans net write-off rate – principal only 1.4 percent at Jan end versus 1.6 percent at Dec end .American Express Co - U.S. small business card member loans 30 days past due loans as a % of total 1.2 percent at Jan end versus 1.1 percent at Dec end.

Conafi Prestito approves project of merger of its wholly owned unit

Thursday, 6 Oct 2016

Conafi Prestito SpA :Approves project of merger via incorporation of wholly owned unit Alba Finanziaria Srl.

Lendingclub says exploring adding additional sources, structures of capital to increase resiliency, diversity

Tuesday, 9 Aug 2016

Lendingclub : Roughly 51 percent of second quarter volume was originated prior to may 9 . Lendingclub says took $2.8 million in severance related costs in the second quarter . Lendingclub says plan to reduce/eliminate investor incentives by end of q3; sees higher level of investor acquisition cost in q4 . When co recently made job eliminations, made very little of those in technology engineering area . Slower origination growth during quarter was due to a slowdown in investor capital that occurred post may 9 . Lendingclub says over the long run, anticipate some higher level of investor acquisition cost as co continues to diversify investor mix . Lendingclub says expect origination volumes to be roughly flat for the next two quarters . Going forward, exploring adding additional sources, structures of capital to increase resiliency,diversity that would include committed capital . On unusual costs,co says had employee related severance cost; says those were "definitely" one-time costs, is "not anticipating repeating that" (Bangalore.newsroom@thomsonreuters.com) ((Bangalore.newsroom@thomsonreuters.com;)).

Lendingclub says exploring adding additional sources, structures of capital to increase resiliency, diversity

Monday, 8 Aug 2016

Lendingclub : Roughly 51 percent of second quarter volume was originated prior to may 9 . Lendingclub says took $2.8 million in severance related costs in the second quarter . Lendingclub says plan to reduce/eliminate investor incentives by end of q3; sees higher level of investor acquisition cost in q4 . When co recently made job eliminations, made very little of those in technology engineering area . Slower origination growth during quarter was due to a slowdown in investor capital that occurred post may 9 . Lendingclub says over the long run, anticipate some higher level of investor acquisition cost as co continues to diversify investor mix . Lendingclub says expect origination volumes to be roughly flat for the next two quarters . Going forward, exploring adding additional sources, structures of capital to increase resiliency,diversity that would include committed capital . On unusual costs,co says had employee related severance cost; says those were "definitely" one-time costs, is "not anticipating repeating that" (Bangalore.newsroom@thomsonreuters.com) ((Bangalore.newsroom@thomsonreuters.com;)).

Trez Capital Mortgage Investment update regarding wind-up plan

Thursday, 21 Jul 2016

Trez Capital Mortgage Investment Corp : Authorized a substantial issuer bid to purchase for cancellation up to 2,325,581 class a shares . Orderly wind-up plan was approved by a special resolution of shareholders at annual and special meeting of shareholders . Company will temporarily suspend its current normal course issuer bid that expires on may 18, 2017 . Announces Substantial Issuer Bid And Provides Update Regarding Orderly Wind-Up plan . Over next 90 days co expects to receive $6.3 million in refinancing of existing mortgages by other private funds managed by manager .In addition, over next 90 days, co also expects to receive repayment of up to $3.3 million principal amount of mortgages.

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