Sallie Mae to split into two companies, names new CEO

Sallie Mae to split into two companies, names new CEO
First-quarter net income at Sallie Mae, which has a market capitalization of about $ 10 billion, more than doubled as the lender benefited from a smaller loss in its derivatives and hedging activities and posted a gain from the sale of a loan …
Read more on Chicago Tribune (blog)

CIMB Research maintains Neutral on RHB Capital
The research house said the surprising 18% on-year decline in 1Q13 net profit was mainly attributable to the 241.2% on-year jump in loan loss provisioning, partly lifted by a one-off provision for an account. However, non-interest income jumped by 32.2 …
Read more on The Star Online

Tags: , , , ,

Comments are closed.

Spanish Crisis Triggers Real Estate Price Collapse

Baltimore, MD (PRWEB) June 29, 2012 A move by Spanish banks to offload the build-up of foreclosed properties on their [...]

Self Storage Provider Coronado Mobile Storage Joins Forces with LAD Solutions in Promoting Storage Containers as Mobile Offices

San Diego, CA (PRWEB) July 03, 2012 With the collapse in real estate prices and explosive growth in home foreclosures [...]

Real Estate Prices LOFTS DOWNTOWN LOS ANGELES FOR SALE AND LEASE RENTALS

Real Estate Prices LOFTS DOWNTOWN LOS ANGELES FOR SALE AND LEASE RENTALS. LA loft prices and market report Corey Chambers, [...]

Mortgage Rates Drop to New Record Lows Influencing Increase In Refinancing and Home Building Activity According to BurlingtonMortgage.biz

Wilmington, NC (PRWEB) July 24, 2012 Mortgage rates have reached a new historical low point for 30 year fixed, 15 [...]

NFIB Stated Confidence in Small Business Takes a Steep Drop XSM Services aimed to Restore Faith

Denver, Colorado (PRWEB) January 30, 2013 After the recession took its toll on the U.S. economy, the fiscal cliff and [...]

Junior State of America Releases Winter 2013 Edition of Student-Run Magazine, The Junior Statement

Washington, DC (PRWEB) January 31, 2013 The Junior State of America (JSA) today released the Winter 2013 Edition of The [...]