Car Loans

SYDNEY, Oct 1 (Reuters) - Australian investment bank Macquarie Group has bought a A$1 billion ($883 million) portfolio of car loans from an undisclosed Australian automotive financier, the bank said on Thursday.

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The country’s largest carmaker Maruti Suzuki today said it expects September sales to increase by over 30 per cent due to robust demand during the festive season but cautioned that a looming hike in interest rates on car loans may not help in maintaining the momentum.

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Federal prosecutors have announced a settlement with a Los Angeles-based bank that was sued along with two auto dealerships for allegedly charging non-Asian customers higher interest rates on car loans. Under the agreement, Nara Bank will pay up to $410,000… Sponsored Topics: Los Angeles - United States - California - Counties - Business

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LOS ANGELES — Federal prosecutors announced a settlement Wednesday with a Los Angeles-based bank that was sued along with two auto dealerships for allegedly charging non-Asian customers higher interest rates on car loans.

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Associated Press - September 30, 2009 9:44 PM ET LOS ANGELES (AP) - Federal prosecutors have announced a settlement with a Los Angeles-based bank that was sued along with two auto dealerships…

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Macquarie has bought a $1 billion portfolio of car loans, comprising loans and leases on about 60,000 cars.

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Federal prosecutors have announced a settlement with a Los Angeles-based bank that was sued along with two auto dealerships for allegedly charging non-Asian customers higher interest rates on car loans.

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A year after the collapse of Lehman Brothers, many banks and financial institutions around the world are still struggling. Banks in Spain, though, behaved conservatively during the boom and are now in good shape to continue their expansion through acquisitions and joint ventures.

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And if I change my mind A million times -Shania Twain I hate certain types of credit.  I don’t own a credit card and…

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After a rash of deals, BBVA is now the second-biggest European bank in Asia after HSBC, and it’s just getting started

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