Financial News & Resources
Private Wealth to Replace Bank Lending
The failure of banks and other lenders to meet the needs of quality borrowers has led to the opening of a new mortgage fund capitalised entirely by private investors. full story ››
Lending Shortfall Will Slow Job Creation In 2010
A $3.4 billion shortfall in lending to franchise businesses in 2010 will result in 134,000 jobs not created and $13.9 billion in economic output lost, according to new data released today by the International Franchise Association. full story ››
Growth in Sales Nudge November CMI Further Into Expansion
Black Thursday has come and gone and the results are mixed. On the one hand there was much more traffic in the stores than last year, but the average consumer has been spending a bit less and more cautiously. full story ››
RESOURCES
H&R Block Salutes Military Heroes with Six Tax Tips
KANSAS CITY, Mo. – Taxes may be the furthest things from the minds of our military as they serve in remote areas around the world. But distance and time can add to the complexity of tax issues. H&R Block offers six answers to commonly asked tax questions from those in uniform. full story ››
Torrey Pines Bank Reports Strong Growth
Torrey Pines Bank, a leading local commercial bank with offices throughout San Diego County and a subsidiary of Western Alliance Bancorporation, today announced third quarter results with strong growth in deposits and an increase in net income with substantial capacity to fund business loans and lines of credit. full story ››
