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...He adds that FBUK’s members — which have annual revenues of between £4mn and £5.5bn and include the 12th generation C Hoare & Co, the UK’s oldest bank, founded in 1672 by Sir Richard Hoare — would not survive...
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...House, Whistler, Canada, C$11.995mn ($8.84mn) Where Just outside the Canadian ski town of Whistler, an hour and a half’s drive north of Vancouver....
...But the Chinese economy failed to roar back to life as the country’s real estate bubble burst and consumers held on to their cash....
...Looking at the first chart, you will notice that of the four worst-performing sectors, two are rate-sensitive (utilities and real estate)....
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...As a result, the shift that we’re seeing in business processes for regional banks is actually more pronounced outside of real estate than in real estate....
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