The UK’s big banks have renewed their lending SME

The UK’s big banks have renewed their lending squeeze, according to the Federation of Small Businesses (FSB), with four in 10 of Britain’s smaller enterprises refused credit in the last three months.

Moody's lowered the ratings of the 15 largest banks in the world

NEW YORK (AP) — Moody's Investors Service lowered the credit ratings of 15 the world's largest banks late Thursday, including Bank of America, JPMorgan Chase and Goldman Sachs, saying their long-term prospects for profitability and growth are shrinking.

Reduced trust leads to a decrease in lending for SMEs

The UK’s big banks have renewed their lending squeeze, according to the Federation of Small Businesses (FSB), with four in 10 of Britain’s smaller enterprises refused credit in the last three months.