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...The division had roots in Credit Suisse First Boston’s New York mortgage securitisation business in the 1980s and was led by veteran executive Jay Kim, who moved with most of the team to Atlas SP when the...
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...It has emphasised its technology prowess in building a digital-first bank. While it has a credit card loan book of $137bn, it also has issued a significant volume of auto and commercial loans....
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...Specifically, the American West is in decline. For the first time since the Second World War, the share of Americans living in the western census region has fallen....
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...From BofA: Mortgage rates have eased — now hovering just around 7% — and we expect the first Fed cut . . . in June....
...“One of the great ironies of President Biden’s first term is that he campaigned on a pledge to address climate change and make significant changes to oil and gas policies, yet through this first term, profits...
...Most Fed officials support reducing the central bank’s mortgage-backed securities holdings to zero, to avoid distorting the mortgage market....
...funding for the economy....
...UK high-street bank NatWest has reported a 27 per cent drop in first-quarter profits, as the benefits of rising interest rates fell away across the sector....
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