Hints and tips:
...Owen Walker Well, the Chinese market is really HSBC’s spiritual home. HSBC stands for Hongkong and Shanghai Banking Corporation. Its roots go back to Hong Kong in 1865....
...And so the Federal Deposit Insurance Corporation, the FDIC, had to step in....
...Ross Walker: Yes. Enough to cut rates....
...debt obligations constructed from mortgage-backed securities....
...Deposit Insurance Corporation data....
...Marc FilippinoThat’s the FT’s European banking correspondent, Owen Walker....
...“I think it’s a shambles and a disgrace,” said one backbencher Charles Walker. “I’m livid.”...
...The Jackson Hole economic policy symposium begins on August 24....
...Additional reporting from Owen Walker and Siddharth Venkataramakrishnan...
...Ross Walker: Maybe....
...Additional reporting by Owen Walker...
...I’d keep corporation tax low to attract investment from around the world....
...Ross Walker, chief UK economist at NatWest Markets: No....
...The US has imprisoned just one banker over the crisis: a junior Credit Suisse trader, for inflating the price of subprime mortgages. He received a 30-month sentence....
...Meanwhile, a net 17.5 per cent of British lenders said they expected mortgage demand to fall during the first quarter of 2019, the highest percentage since the final quarter of 2010....
...There might be big corporation tax cuts in the event of a no-deal Brexit....
...Zillow estimates a mortgage on the home would cost $178 a month. Cheap Old Houses calls itself “the most architecturally-intact rabbit hole you’ve ever fallen down” — with good reason....
...Investors will be looking for details on the impact of tougher new mortgage lending rules....
...Ross Walker: Worse....
...This group are largely insulated from small interest rate increases as new mortgages are all being stressed at a mortgage rate of about 7.5 per cent....
...On housing I think affordability testing for mortgages is impacting market activity and buying power which is a natural outcome....
...Private non-financial corporations have amassed considerable short-term assets which could be readily deployed....
...It sold a €500m covered bond, a type of European debt instrument backed by mortgages, priced at a yield of minus 0.16 per cent....
...In three days of hiking we passed a score of other walkers, among them a Russian naturist with tangerine-coloured hair....
...(It’s one person.) 50 Cent (or Curtis Jackson) 2....
International Edition