Finance & Mortgage

Bank of England says lenders expect to expand supply of credit to households, businesses

British lenders expect the availability of mortgages and business loans to pick up significantly in the second quarter of this year, a Bank of England survey showed on Thursday.

Cuba Gooding Jr. sells Pacific Palisades home for $10 million

Cuba Gooding Jr., Academy Award-winning actor known for his portrayal of Rod Tidwell in "Jerry Maguire," has just sold his 6,753-square-foot Pacific Palisades mini-estate for $10 million, reports TMZ.

Bank of England's Andrew Bailey says no let-up over bank capital levels

Banks still need to be persuaded that well-capitalized lenders are important to economic growth, Bank of England Deputy Governor Andrew Bailey said on Monday, but Britain's regulators will keep up the pressure to boost capital levels.