Covid 19 bank loans

Leading Oil Trader Teams Up With Singapore Fund Manager for Energy Projects

As per the report article published in Marine Link, Trading house Mercuria and Singapore-based asset manager Envysion Wealth Management, have agreed to co-invest in mining and energy projects, for a commodity investment to balance the default tights made up by banks.

The deal

The deal, signed on Wednesday, will see Mercuria present potential projects for investment to Envysion, founded and led by former Julius Baer banker Veronica Shim. Envysion will then decide whether to participate via a fund...

https://mfame.guru/leading-oil-trader-teams-up-with-singapore-fund-manager-for-energy-projects/

Covid 19 Bank Loans in the U.K. Cross 50 Billion Pounds

  • During the Covid 19, UK lending to businesses tops 50 billion pounds.
  • At the same time the cost of supporting furloughed workers has increased to 33.8 billion pounds, weekly finance ministry figures showed.

A recent news in Reuters reported by Andy Bruce brings to light the incurring loan amount given by UK banks to the business community to help them sustain their businesses and to improve the economy of the nation.

Lending under three programmes 

Lending across the government’s three main...

https://mfame.guru/covid-19-bank-loans-in-the-u-k-cross-50-billion-pounds/

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