Browsing: Credit

ByChad Pradelli Tuesday, August 25, 2026 6:25PM Franklin Mint Federal Credit Union’s digital operations remain down Tuesday morning, stretching into a second day. WPVI

X Financial (NYSE: XYF) reported sharply weaker results for the quarter ended June 30, 2026, with total net revenue of RMB993.6 million, down 56.3% year-over-year and 15.5% sequentially, driven mainly by a steep drop in loan facilitation volumes.

Earlier this year, media reports highlighted signs of stress in the private credit market, including concerns over lending standards, after multiple high‑profile borrowers defaulted and investor redemption activity intensified, prompting several prominent asset managers to impose investor redemption limits (often referred to as “gates”). Stress in the private credit market may directly impact investors in…

PennWest University has introduced a new policy allowing students to earn college credits for cybersecurity professional certifications through a partnership with the Pennsylvania Cybersecurity Center.

Saudi Awwal Bank (SAB) has partnered with noon, a leading e-commerce platform in the region, to launch a co-branded Visa credit card designed for digital shopping. The new card, named the SAB noon Visa credit card, offers an integrated digital experience with rewards and benefits across noon’s platforms, aiming to help customers get more value…

Aug. 19, 2026 (GLOBE NEWSWIRE) — Carlyle Credit Income Fund (“we,” “us,” “our,” “CCIF” or the “Fund”) (NYSE: CCIF) today announced its financial results for its third quarter ending June 30, 2026. The full detailed presentation of the Fund’s third quarter 2026 financial results can be viewed on the Fund’s website ( https://www.carlylecreditincomefund.com/investor-dashboard )

“India is one of the world’s most important growth markets, and this investment reflects our confidence in its future,” said BofA CEO Brian Moynihan.