Hints and tips:
Related Special Reports
...Its price to book value of nearly 3 times trumps that for mortgage-heavy Wall Street banks like JPMorgan, Bank of America and Wells Fargo. But Rocket doesn’t have appreciably higher return on equity....
...Despite this, in recent days executives from the country’s four largest banks — JPMorgan Chase, Bank of America, Citigroup and Wells Fargo — said during earnings calls that consumers were resilient....
...The 1,066-foot tower stretches 93 storeys high and sports a basketball court and dog run on its 66th floor, as well as a rooftop pool and “sky lounge”....
...Next we’re going to tackle questions about choosing different types of mortgages, a decision that’s proving tricky for home buyers as well as those who are refinancing....
...It also highlights the scale of the opportunity banks such as JPMorgan and Citi, as well as Goldman Sachs and Morgan Stanley, see in wealth management....
...Basically, I defined what was wrong with mortgage markets. These “modified mortgages” entailed you buying the home, borrowing the money and paying 1 per cent on the mortgage for three years....
...America’s biggest banks are doing just fine. Businesses and consumers are still spending and borrowing, even as interest rates remain at a 22-year high....
...Tembo, the digital mortgage broker, has a Slack channel that shares online reviews from customers, as well as emailed thanks....
...Home improvement store Home Depot also reports earnings as well as energy groups Diamondback Energy and Chesapeake Energy and homebuilder Toll Brothers....
...This month, US homebuilder confidence slipped for the first time this year according to an index compiled by the National Association of Home Builders and Wells Fargo....
...As well as being a crime against grammar, this whole “proceedable” business is a crime against my favourite hobby, as I’ve been given my weekends back....
...More than 4,000 lenders provided home loans in the US last year, 60 per cent of which were made by independent mortgage companies, not banks....
...That means he can see exactly how well companies are performing — the kind of real-time, unfiltered data on Chinese consumer behaviour that is incredibly valuable at a time when economists say the country...
...The move is the latest attempt by JPMorgan to beef up its legal wealth management business after two decades of trying to break the grip of Citi in New York, as well as that of Wells Fargo, which dominates...
...America’s fourth-biggest bank by assets is pulling away from the home loans industry it once dominated by exiting the so-called “correspondent mortgage banking business”....
...The US is seen as a more business-friendly and dynamic entrepreneurial environment, which has consistently proved more adept at channelling investment into high-growth sectors including IT....
...And BYD, as a company, has pretty severe problems on their home turf.”...
...And the riskiest business to be in was subprime mortgage. So Citi ran right into it....
...And it’s happening at JPMorgan Chase, Bank of America, Wells Fargo and Citigroup. Analysts estimate that this pileup of bad debt will drag down the fourth-quarter earnings for these banks....
...But it’s really hard for investment-grade companies to default. Unhedged: As a person who is known as a public markets bond guy, has what you do been changed by the rise of private credit?...
...And also there are questions about the US reliability as well. And so a lot of the business leaders are privately asking themselves, is it really OK to just go with the US on this policy?...
...He says she was both serious about learning as well as making connections with people, often through humour....
...Since then, it has steadily built out other areas of its investment bank, including its coverage of financial sponsors, as well as its fixed income and equities trading business....
...I just saw that the guys in America were doing it well and I applied it to the UK audience. I think most people are always trying to think of what’s the next Facebook, what’s the next Apple?...
...Noting how much young women love songwriter Taylor Swift, Whitney’s worried about the possible impact on the housing market as the older generation looks to sell their big home....
International Edition