The head of Spain’s fourth-largest bank, Bankia, is explaining why the institution needs 19bn euros of loans from the government.

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Spain’s Bankia explains troubles

The chief executive of the Student Loans Company, who attracted controversy over his tax arrangements, is to stand down when his contract expires early next year.

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Student Loans boss to stand down

The Spanish government has announced that the level of bad loans held by the country’s banks is at an 18-year high.

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VIDEO: Tension over Spanish bank debts

Benoit Coueure, from the European Central Bank, has been speaking about their decision to provide a loan of more than a trillion euros to hundreds of banks.

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VIDEO: ECB’s 1-trillion-euro bank rescue

If you’re as busy as I am, asking you to weigh in on yet another request for comment from the Consumer Financial Protection Bureau is likely to be greeted with a well-understood “humph.” Since the bureau’s inception, it’s been asking consumers for feedback on issues such as student loans, credit cards and how you’re affected by mandatory arbitration clauses. Read full article > >

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Speak up on mortgage points and fees

If you’re as busy as I am, asking you to weigh in on yet another request for comment from the Consumer Financial Protection Bureau is likely to be greeted with a well-understood “humph.” Since the bureau’s inception, it’s been asking consumers for feedback on issues such as student loans, credit cards and how you’re affected by mandatory arbitration clauses. Read full article > >

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Speak up on mortgage points and fees

The Spanish government is to force its banks to take on an extra 30bn euros of capital to cushion themselves against loans going bad.

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Extra capital for Spanish banks

Mitt Romney criticized the weaker-than-expected employment numbers, while President Obama focused on taking action against raising the borrowing rates for student loans.

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Job Numbers Become Instant Campaign Fodder

RBS confirms it is to repay £163bn of emergency loans, reports a three month loss of £1.4bn and sets aside another £125m for PPI compensation.

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RBS confirms state loan repayment

IN JULY, THE interest rate on certain federal student loans will double, to 6.8 percent. Who could want that? Not President Obama or Mitt Romney, both of whom railed against the scheduled increase last week. And not Senate Democrats or House Republicans , who have competing plans for preventing the hike. The only question in Washington seems to be whether the two sides will agree on how to pay for extending the lower rate for a year. Read full article > >

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Editorial Board: What college students need most

Ignoring a veto threat, the House approved a Republican-backed plan Friday to keep subsidized student-loan interest rates lower for another year by paying for the extension with roughly $6 billion from a preventive-care fund established by President Obama’s health-care overhaul law. Read full article > >

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House approves student loan plan despite veto threat

Republicans have ignored a White House veto threat and passed a bill to keep interest rates on millions of federal student loans from doubling this summer.

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G.O.P. Ignores Veto Threat, Passes Student Loan Bill

The bully pulpit has a new kind of altar call: “Tweet them. We’ve got a hashtag. Here’s the hashtag for you to tweet them: #dontdoublemyrate.” President Obama repeated that Twitter hashtag twice more during a Tuesday speech opposing an increase in student loan interest rates. For good measure, he even had his Chapel Hill, N.C., audience chant it back to him. Read full article > >

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Twitter becomes a key real-time tool for campaigns

To promote his student-loan plan.

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Obama Heads to Iowa City

Margo Balboni is cramming college into three years to cut down on the cost of her student loans. As it is, the University of North Carolina sophomore expects to graduate in a few years with $20,000 in debt.

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How Obama is seeking youth vote