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Bridging Funding

4th Floor
75 Wells Street
W1T 3QH

Tel: 0207 101 9349 / 0207 993 5678
E: info@bridgingfunding.com

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Bridging & Financial News

UPDATE 1-Blues health insurers put up $55 million to take on generic drug makers January 23, 2020
A group of Blue Cross Blue Shield insurers is investing $55 million in a venture that aims to offer cheaper prices to their members on generic drugs that currently have little or no competition, the companies said on Thursday.
U.S. regulator plans enforcement actions against former Wells Fargo executives - source January 23, 2020
One of Wells Fargo & Co's top regulators plans to bring enforcement actions against as many as 10 former executives in relation to the bank's sales practices scandal as soon as Thursday, a person familiar with the matter told Reuters.
CORRECTED -Pound extends gains as rate cut bets melt January 23, 2020
* Graphic: Trade-weighted sterling since Brexit vote http://tmsnrt.rs/2hwV9Hv (Corrects headline, first and fourth paragraphs to show pound hit a one-month high against the euro, not a one-month low)
EXPLAINER-Central bank digital currencies: Moving towards reality? January 23, 2020
Central banks are looking at creating their own digital currencies - a stark contrast to the ethos of cryptocurrencies that seek to subvert mainstream authority over money.
UPDATE 1-Incoming Bank of England chief to face questions over investment firm collapse January 23, 2020
Bank of England governor-designate Andrew Bailey will be interviewed about his supervision of collapsed investment firm London Capital & Finance as head of the Financial Conduct Authority (FCA), an independent inquiry said on Thursday.
Italy's Intesa interested in Garanti BBVA Romania - source January 23, 2020
Italy's Intesa Sanpaolo is among banks interested in Garanti BBVA Romania, the country's 10th biggest bank by assets, a person familiar with the matter said on Thursday, confirming a press report.
Russia says U.S. Nord Stream sanctions are attack on Europe's energy transition January 23, 2020
Russia called on Europe on Thursday to give full support to its Nord Stream gas pipeline, saying the United States would undermine Europe's transition to greener energy if its sanctions delayed the project.
UPDATE 3-Xerox nominates new HP board after buyout rebuffs January 23, 2020
Xerox Holdings Corp said on Thursday it plans to nominate 11 independent candidates to HP Inc's board, seeking to take control of the personal computer maker after several rejections of its $33.5 billion buyout offer.

YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENT ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT

The activities carried out by Bridging Funding are not regulated by The Financial Conduct Authority as we only lend in the following circumstances: - Loans only offered for commercial lending - Minimum loan amount is £100,000 - *Loans are secured on land less than 40% of which is used for dwelling - Borrowers confirm that the loans are for business purposes

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