Credit creationism (Financial Times)
Recent weeks have seen extraordinary interventions in financial markets by authorities. The latest move was this week’s announcement by the Federal Reserve that it would buy mortgage-backed securities and lend against assets such as consumer loans.

Cost of loans up despite rate fall (Channel 4)
The gap between the average cost of a personal loan and official interest rates has nearly doubled during the past two months, research has showed.

Cost of personal loans soars in two months research shows (Daily Telegraph)
The cost of personal loans has increased in the past two months despite the sharp fall in interest rates new figures show.

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2. Loan performance blamed for sharp fall in CLO prices (Financial Times)
3. Leaders told not to ‘bash’ French banks (Financial Times)
4. Lowest number of loans in years (Financial Times)
5. UK confident Saudis will help IMF (Financial Times)