P2P Newswire

P2P Newswire

Comprehensive Real-Time News Feed for P2P.

Results 1 - 20 of 6,414 in P2P

  1. Hedge Funds Are Suddenly Winning on China's Most Dangerous Short 20 minutes agoRead the original story w/Photo

    36 min ago | Bloomberg

    ... chief financial officer, denied that employee purchases had been fueling the stock's advance. He added that new P2P "If some people are suspecting that the stock price volatilities are driven by employee purchasing, then I think they should spend ...

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  2. China's Online Lenders Face Peer-to-Peer PressureRead the original story w/Photo

    5 hrs ago | Wall Street Journal

    ... After months of deliberations, regulators in China on Wednesday announced a host of rules to streamline more than 1,500 P2P platforms that have $99 billion of loans outstanding, by putting in place a list of "dont's." One rule stipulates that ...

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  3. UPDATE 2-China's BoCom, CCB report near flat first-half profit as margins squeezedRead the original story w/Photo

    4 hrs ago | Reuters

    ... off signs of growing risks in its financial and banking system, unveiling detailed rules to curb an unruly peer-to-peer (P2P) lending sector and intervening in its money markets. (Reporting by Engen Tham and David Lin in Shanghai and Shu Zhang in ...

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  4. BRIEF-ITV withdraws proposal to acquire eOneRead the original story w/Photo

    6 hrs ago | Reuters

    ... company coverage: (Bengaluru Newsroom: +91 806 749 1136) HONG KONG/BEIJING, Aug 25 China's bid to tame its peer-to-peer (P2P) lending sector could cost smaller platforms some business, but the impact on larger players will be limited, and some of ...

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  5. CIBC's profit rises 47 percentRead the original story w/Photo

    6 hrs ago | Reuters

    ... Matt Scuffham and Anet Joslin Pinto; Editing by Savio D'Souza) HONG KONG, Aug 25 China's bid to tame its peer-to-peer (P2P) lending sector could cost smaller platforms some business, but the impact on larger players will be limited, and some of the ...

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  6. UPDATE 1-CIBC's profit rises 47 percentRead the original story w/Photo

    6 hrs ago | Reuters

    ... and Anet Joslin Pinto; Editing by Savio D'Souza) HONG KONG/BEIJING, Aug 25 China's bid to tame its peer-to-peer (P2P) lending sector could cost smaller platforms some business, but the impact on larger players will be limited, and some of the new ...

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  7. China's big P2P platforms shrug off crackdownRead the original story w/Photo

    6 hrs ago | Reuters

    Aug 25 China's bid to tame its peer-to-peer lending sector could cost smaller platforms some business, but the impact on larger players will be limited, and some of the new restrictions will be hard to enforce, analysts and industry players said. Regulators unveiled a series of measures on Wednesday night to head off signs of rising risks in its fast-growing P2P market, including borrowing limits and forcing P2P platforms to use third-party banks as custodians of investor funds.

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  8. Chinese shares slide Thursday, property stocks sinkRead the original story

    6 hrs ago | Xinhuanet

    ... meter, it was not a surprise that the government was moving to cool the property market. Shares related to peer-to-peer (P2P) lending also lost, due to the release of more stringent P2P lending regulations by China Banking Regulatory Commission ...

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  9. News Analysis: China tightens P2P lending to control risksRead the original story

    8 hrs ago | Xinhuanet

    China's latest peer-to-peer lending regulations will help prevent financial risks, protect investors' legitimate interests and foster inclusive finance. In a document released by the China Banking Regulatory Commission on Wednesday, 13 restrictions on P2P platforms were introduced, prohibiting them from accepting public deposits, pooling investors' money for their own projects, providing guarantees for lenders, or selling financial products.

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  10. Supervision of micro-finance should tighten: China cbank official-CaixinRead the original story w/Photo

    9 hrs ago | Reuters

    ... comments come after the country's banking regulator on Wednesday released detailed rules to curb an unruly peer-to-peer (P2P) lending sector, underlining China's commitment to the clamp down on a sector riddled with runaway managers and pyramid ...

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  11. China stocks slide on property woes, lending crackdown, HK dipsRead the original story w/Photo

    9 hrs ago | Reuters

    ... off signs of growing risks in its financial and banking system, unveiling detailed rules to curb an unruly peer-to-peer (P2P) online lending sector and stepping into money markets in an apparent bid to curb an over-reliance on short-term borrowing. ...

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  12. China Stocks Slump Most in a Month on Regulatory Curb ConcernsRead the original story

    9 hrs ago | The Washington Post

    ... according to the people, who said the plans have not been finalized. The ChiNext index dropped to a two-week low, while P2P Financial Information Service Co. lost 3.1 percent in Shanghai. The China Banking Regulatory Commission said on Wednesday an ...

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  13. China c.bank urges banks to spread out tenors of loans - sourcesRead the original story w/Photo

    12 hrs ago | Reuters

    ... off signs of growing risks in its financial and banking system, unveiling detailed rules to curb an unruly peer-to-peer (P2P) lending sector and intervening in its money markets. BRASILIA, Aug 24 The Brazilian Senate on Wednesday approved a ...

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  14. China Sets Ceilings on Peer-to-Peer CreditRead the original story w/Photo

    15 hrs ago | Wall Street Journal

    ... regulations, individuals are restricted to borrowing up to 200,000 yuan, about $30,000, from a single peer-to-peer, or P2P, platform and 1 million yuan total from different P2P lenders. For companies, the caps are 1 million yuan on a single platform ...

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  15. Brussels rebuffs U.S. attack on EU tax investigationsRead the original story w/Photo

    Dec 3, 2015 | Reuters

    ... security but causing problems for growth, analysts said. HONG KONG/BEIJING China's bid to tame its peer-to-peer (P2P) lending sector could cost smaller platforms some business, but the impact on larger players will be limited, and some of the new ...

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  16. PayPal and FIS team up for cardless ATMsRead the original story w/Photo

    13 hrs ago | Silicon Alley Insider

    ... out a payments ecosystem and moving into a wide array of payments-related areas, including remittances, peer-to-peer (P2P) payments, and in-store mobile payments. Cardless Cash likely fits into the firm's push to offer users flexible options skewed ...

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  17. METALS-London copper mired near 2-month low as supply mountsRead the original story w/Photo

    14 hrs ago | Reuters

    ... off signs of growing risks in its financial and banking system, unveiling detailed rules to curb an unruly peer-to-peer (P2P) lending sector and intervening in its money markets. * Sundance Resources said on Thursday Australian police are ...

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  18. China Leads Global Fintech Investments, Accenture FindsRead the original story w/Photo

    14 hrs ago | Freshnews

    ... brand. "The fintech trend in China continues to skew toward online payments and lending, including peer-to-peer (P2P), which is creating market-share dilution for banks," said Albert Chan, managing director financial services China, Accenture. ...

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  19. 'Milestone' regulation formulated to standardize P2P lending companiesRead the original story w/Photo

    15 hrs ago | People's Daily Online

    China issued a regulation on Wednesday to toughen its control of peer-to-peer lending companies, thus cracking down on illegal fundraising activities through such platforms and preventing financial risks. Jointly issued by the China Banking Regulatory Commission and three other ministries, the regulation emphasizes the role of P2P lending companies as financial information service intermediaries providing assessment and exchange of borrowing information for unrelated borrowers and lenders via internet platforms.

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  20. RPT-WRAPUP 1-China takes aggressive steps to fend off banking, financial risksRead the original story w/Photo

    15 hrs ago | Reuters

    ... off signs of growing risks in its financial and banking system, unveiling detailed rules to curb an unruly peer-to-peer (P2P) lending sector and intervening in its money markets. In the past year, Chinese policymakers have been moving levers to try ...

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