Hints and tips:
...Risk mismanagement More people are being excluded from the UK’s formal financial system despite little evidence that customers are falling behind on loan payments, the FT’s Patrick Jenkins writes....
...And finally — back to ethics perhaps — who will decide when it can go home again?...
...Toiling in a stifling heatwave, for example, will always be much more pleasant for those who can afford an airy home with shutters....
...House & Home has been looking at how NFTs can secure you a home in the metaverse....
...Payday loans have boomed and faded as regulators sought to protect poorly paid customers from lenders’ exorbitant charges....
...That, crudely, is what happened in the US subprime mortgage market in 2008, when large chunks of home loan debt, repackaged as triple A-rated derivative investments, defaulted and left end investors with...
...The AlphaCentric Income Opportunities fund lost more than 30 per cent of its value last week owing to its heavy exposure to home loans to borrowers with lower credit scores....
...SoftBank founder predicts WeWork V for Victory Masayoshi Son admitted today he had turned a “blind eye” to governance lapses at WeWork but promised a “sharp V-shaped recovery” for the shared offices provider...
...WPP will also reduce is planned capex from £400m to v£300m....
...tea room by Charles Rennie Mackintosh, a celebrated Scottish architect, which had been held in storage in more than 1,000 pieces for nearly 50 years by Glasgow Museums and comes to Dundee on a 25-year loan...
...He describes not ditching business generated by mortgage brokers — who set the terms on home loans and then came to the bank to underwrite them — as “the worst thing we missed”....
...Today Nomura is still dominant in its home market but remains an also-ran outside it, specialising in niches such as sterling and Aussie-dollar bonds....
...Last year was exceptional for Europe Inc in terms of growth, profitability and business expectations....
...A trade war with China would have profound implications for Wall Street, writes Patrick Jenkins....
...While Drahi’s main investment vehicle Next Alt no longer has margin loans outstanding with Goldman, the US bank two years ago provided it with a “funded collar” facility — a complicated derivatives options...
...Half-year revenue was up 12 per cent to £1.7bn, as property sale completions increased by 8 per cent to 7,794 – or an additional 556 homes year-on-year....
...A version of this article was first published by the Nikkei Asian Review on July 4 2018. ©2018 Nikkei Inc. All rights reserved....
...Analysts have pointed out that it would also make it easier for Reckitt to sell hygiene and home in the future....
...The UK-based company, whose shares trade at 560 times 2019 forecast earnings, should feel right at home as it launches in America’s Golden State....
...But Italy’s biggest bank is also barely back on its feet after raising a vast wodge of capital to cover a mountain of loan losses....
...The decision reversed an important victory that the government secured three years ago in a high-profile case over defective home loans known as “the Hustle”....
...crisis: P2P platforms originate loans to distribute them and have little reason to care whether the borrowers can repay, there is limited data on loan quality and scant information about loan collateral...
...US court told PwC cut corners in Colonial audit Control+C, Control+V....
.... …………………………………………………………………………………………………………… Ben Hall, world news editor, picks: • Isis Inc: how oil fuels jihadi terrorists by Erika Solomon, Guy Chazan and Sam Jones• Why China’s ‘migrant miracle’ is...
...US banks are regular contributors to presidential candidates back home....
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