The practice is proliferating in the sector - led by LendingClub, OnDeck and Prosper Marketplace - because of many lenders’ hurried, algorithmic underwriting, use of “soft” cr ..
BMW delivered more brand vehicles in May on strong demand for sport-utility vehicles and its flagship 7-Series saloon but slipped behind luxury rival Mercedes-Benz, which keep ..
British supermarket Sainsbury's said its finance boss John Rogers would become chief executive of Home Retail when it completes a takeover designed to reduce its reliance ..
Lazard is driving financial restructuring talks for Takata Corp, with the Japanese air bag maker's founding family now firmly in the back seat, a person briefed on the pr ..
The NHTSA said on Thursday that it was reviewing reports of suspension problems in Tesla's Model S and was seeking additional information from vehicle owners and the comp ..
The choice of a new chief executive at UniCredit to replace the outgoing Federico Ghizzoni will not happen before the end of July, the bank's chairman said on Friday in a ..
Scandinavian Airlines has signed a new wage agreement with the company's pilots in Norway, averting a strike, trade union Parat and SAS said. More than 400 SAS pilots wer ..
South Korean prosecutors raided the offices of Lotte Group, the country's fifth-largest conglomerate, and several affiliates on Friday, dealing a further blow to its hote ..
Two Israeli citizens pleaded not guilty on Thursday to orchestrating a massive computer hacking and fraud scheme that included an attack against JPMorgan Chase & Co and ge ..
TOKYO/LONDON (Reuters) - Schroders plc has appointed Shigesuke Kashiwagi, former Chief Financial Officer of Nomura Holdings, as its president and country head of Japan, the Lo ..