Hints and tips:
...“We won’t be doing follow-on small things without active engagement at a minimum, or control as a maximum,” he added. “We’re not signalling, we are actually just doing.”...
...But (as Lex notes) with its ad business sturdy enough and plenty of cash on hand, Google is buying time with $70bn in buybacks while it competes in the cloud. Google has good reason to do so....
...As they reminisced about their glory days some four decades ago, a rumour was also doing the rounds: their old firm, First Boston, was soon to be resurrected....
...A $2.2bn equity investment in mortgage software company Ellie Mae in 2019 yielded an $11bn windfall when the business was sold to Intercontinental Exchange a year later, which pushed the internal rate of...
...“No one has done what we are doing,” says Marc Rowan, who will soon take over as chief executive of the enlarged Apollo....
...Apollo threatened to stop doing business with parties that chose to work with Caldera, the lawsuit claims....
...of Law Australia • In-house New business & service delivery models • In-house New products & services Talent, strategy and changing behaviours • In-house Technology • In-house Legal Expertise...
...Fannie and Freddie are best known for their principal role as the leading source of financing for owner-occupied mortgages....
...Lehman Brothers Q1 2008 - “Confidence in the underlying enterprise of the business” As Chief Financial Officer Erin Callan took the microphone to run through Lehman Brother's first quarter a decade ago,...
...Companies, trade and lobbying groups (the Conference Board and the Business Roundtable, for example), as well as some academics and corporate governance experts, have begun complaining that proxy advisers...
...As a result, many sceptics have thrown in the towel....
...The economic calendar for Wednesday is just doing its own thing (all times London): 07.45: France consumer confidence08.00: Spain retail sales09.00: Italy business confidence09.30: UK Q2 GDP, mortgage approvals...
...We must assume he knows what he’s doing....
...Most other online lenders are already doing this....
...to money what the Internet had done to the postal service and the media industry....
...“Everybody who’s doing alternative lending really sees this as like a coming-out party for the industry,” says Aaron Vermut, chief executive of Prosper, Lending Club’s nearest competitor....
...To date, it has made investments in Navitas Lease Corporation, which provides loans against equipment; Global Lending Services, which provides car loans; and Shellpoint, which provides mortgages....
...Both student debt and mortgages illustrate a broader principle....
...The real threat from do-it-yourself websites is to financial “planners” that masquerade as full-service wealth advisers but only provide passive asset allocation services....
...For an investment bank famed for its savvy and sometimes freewheeling bankers, mortgage underwriting in Dallas seems a decidedly staid role within Goldman....
...The Irish economy recently slipped back into recession and mortgage arrears are rising rapidly because of high unemployment. Mr Kane succeeds Pat Molloy as governor of BoI from June 29....
...He worked in Goldmans’ mortgage-backed securities business. In 1987, he joined the two-year analyst programme and then, unusually for the time, was asked to stay full-time on the trading desk....
...However, KPMG added that there were also “conversations” in the sector about doing deals with life insurers to securitise mortgages....
...All business segments were profitable, including mortgages, which recorded a $230m pre-tax gain, compared with a loss of $1.3bn in the same period a year ago....
...So if you originate a mortgage on your books as an asset, you kind of have embedded 10-to-1 leverage of every dollar of your equity....
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