Hints and tips:
...The National Association of Realtors publishes pending home sales for May....
...been in decline for well over a year....
...In 1970, the US Government National Mortgage Association (known as Ginnie Mae) engineered the first “passthrough” mortgage-backed securities, where the underlying individual loan payments flowed directly...
...This alternative, such as a national buyer, would pay vulnerable miners more in return for putting up fences and installing security guards to keep children out of sites as well as banning deep tunnels and...
...Job moves Win Bischoff is stepping down as the chair of JPMorgan Securities, the bank’s main operating business in the UK, after a seven-year term, according to Bloomberg....
...The Association of British Insurers has said as much as £95bn could be freed up for long-term investment if the mammoth Solvency II package were overhauled....
...Association of Home Builders/Wells Fargo monthly housing market index Results: E.On FY, Foxconn Technology FY, Inditex FY, Restaurant Group FY Thursday Australia, Reserve Bank of Australia’s quarterly...
...Babatunde Soyoye, the Nigerian national who co-founded Helios Investment Partners, the private equity firm backing the National Basketball Association as the North American league expands into Africa, is...
...For syndicated loans it was Mitsubishi UFJ, Mizuho and BNP Paribas. US banks including Bank of America, JPMorgan, Wells Fargo and Morgan Stanley topped the equity rankings....
...The UK urgently needs both a real, green national investment bank, and authentic, regional banks, like the nascent South West Mutual....
...Reforms introduced in January 2018, known as Mifid II and Priips, affect all investment managers, banks and insurance companies operating in Europe as well as the financial future of every European citizen...
...Focus on household security. Develop a new partnership with banks and governments for boosting household savings. Andrew Brigden: Interest rates! George Buckley: Very little....
...It must therefore make sense for nation states to co-operate and co-ordinate with each other and agree common rules for taxing and regulating powerful global companies including global banks....
...Debt investors such as KKR and Victory Park of Chicago have been piling in to buy the loans, while commercial banks such as Wells Fargo, Morgan Stanley and Credit Suisse have supplied funds to the platforms...
...Just a few months ago, the fake-account scandal at Wells Fargo, the US’s second-biggest bank by deposits, not only put a spotlight on sales practices but also drew stinging condemnation of its executives...
...The non-banks’ increased share of home loans comes at a time when big lenders such as Wells Fargo, Bank of America and JPMorgan are pulling back, according to a study by academics at Harvard’s Kennedy School...
...It has 5,500 members, including JPMorgan Chase, Citigroup, Wells Fargo and HSBC....
..., describing a change in policy at the Reserve Bank of India to allowing banks to use intermediaries to supply financial services....
...The White House had said on Thursday it was treating the Sony hack as an important national security matter....
...One issue that is firmly within our control is to continue to rehabilitate business as a recognised force for good as well as the only source of wealth....
...(Financial Times) Wells Fargo Is now no. 1 bank profit maker: “The New York bank ceded the spot it held since 2010 to Wells Fargo after J.P....
...As the article goes on: After World War II, economists largely discarded the chronicstagnation notion, but the liquidity-trap theory of depressions has lived on, as has the Keynesian cure for it....
...However, for the European securitisation market to revive, it urgently needs more balanced and evidence-based treatment of high-quality securitisation under Basel and Solvency II capital rules, as well as...
...In a separate settlement, 10 mortgage lenders, including BofA, Wells Fargo, JPMorgan Chase andCitigroup, agreed to pay more than $8.5bn to settle regulators’ allegations that they were guilty of widespread...
...The authors argue that the central bank and Treasury relationship should not be taken for granted, and that in fact it should be a dynamic one, changing as the circumstances change around it....
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