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| Loosen your purse strings, Canada tells banks OTTAWA, Dec 17 (Reuters) - Canadian Finance Minister Jim Flaherty delivered a blunt message on Wednesday to the country's banks, telling them to loosen their purse strings and summoning them to a meeting to press the point. |
| Lenders hike margins on mortgages and cut credit Lenders hiked the interest-rate margins they are charging households for mortgage finance in the three months to December, as they continued to cut the availability and raise the cost of credit to individuals and businesses, a Bank of England survey revea |
| Abu Dhabi launches new home finance firm Five of Abu Dhabi's major investment, real estate and finance companies today announced the launch of Abu Dhabi Finance, a new mortgage provider established to serve the emirate's real estate market. |
| Bankrate gains on upgrade despite market slump Shares of consumer finance Web site operator Bankrate Inc. gained Monday following an analyst upgrade, even as the broader market slumped on worries about consumer spending during the holidays. |
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