10 British Businesses Set To Change The Face Of SME Banking

Small businesses haven't always prospered at the hands of our largest banks. For years after the credit crunch a decade ago, banks routinely refused to lend to small and medium-sized enterprises as they sought to pare back their balance sheets; we've also seen a string of scandals, with institutions
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TORONTO — Canadian Imperial Bank Of Commerce is considering a U.S. stock listing for its Caribbean bank subsidiary. The Canadian bank (TSX:CM) said no decision has been made, but a U.S. listing would provide FirstCaribbean International Bank access to a larger investor base, enhanced liquidity
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BEIJING, Dec 13 (Reuters) – China will relax requirements for foreign banks to take retail yuan deposits and allow them to do business in government bonds, the banking regulator said on Wednesday, in its latest move to open up the financial sector. For decades, China has carefully controlled the
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(AP) — The Navajo Nation announced Tuesday that it's suing Wells Fargo for allegedly engaging in predatory and unlawful banking practices that targeted and harmed tribal members. In a statement, Navajo Nation President Russell Begaye said the tribe's lawyer has been directed to seek restitution,
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We want to make it unencumbered, free,” Inscripta CEO Kevin Ness tells Fortune. Inscripta has a different CRISPR enzyme from the Cas9 and Cpf1 varieties most commonly being experimented with today. Called “MAD7,” the enzyme is available for free to scientists innovating in the space. “You can go
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Good morning, Broadsheet readers! Roy Moore has lost the Alabama Senate race, Kirsten Gillibrand won't stand for getting “slut-shamed” by President Trump, and San Franciso's acting mayor is a black woman. Have a lovely Wednesday.
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The U.K.'s Labour Party has failed in its attempt to reverse banking sector tax cuts in a move that would have derailed the legislative process for the government's latest finance bill. In a Dec. 11 House of Commons debate, the party tried to prevent lawmakers voting on the U.K.'s Finance (No. 2) Bill 2017
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Lenders including Barclays Plc, Deutsche Bank AG and Credit Suisse Group AG, which have already slashed some rewards in recent years, may see bonus pools for fixed-income traders drop by at least 10 percent and will be forced to hand out “doughnuts,” industry slang for zero payout, recruiters and
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New American Funding has named Eric and Leslie Bergen as Area Production Manager and Area Sales Manager, respectively. They will be key leaders responsible for expanding the company's footprint across Texas and New Mexico through increasing loan production, onboarding Loan Originators,
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As a Fannie Mae, Freddie Mac and Ginnie Mae direct lender, we securitize and service our own loans which enables us to offer faster turn-times, world class service and competitive products to our partners. Pacific Union Financial, LLC continues to provide comprehensive products and competitive
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AGNC Investment logo AGNC Investment Corp. (NASDAQ:AGNC) declared a monthly dividend on Wednesday, December 13th, Wall Street Journal reports. Shareholders of record on Friday, December 29th will be paid a dividend of 0.18 per share by the real estate investment trust on Tuesday, January
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Australia's largest banks have been restricting lending to high carbon emitters as they face pressure from activists and shareholders to mitigate climate risks. They've ruled out financing Adani Enterprises Ltd.'s $16.5 billion thermal coal project in Queensland amid opposition from environmentalists who
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The jump in demand for bank short-term household loans also comes against a backdrop of Beijing trying to temper speculation in the property market by tightening the loan-to-value ratios for mortgages in some cities. The tighter mortgage rules have led to the widespread 'repurposing' of short-term
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Fresh Food Packaging Market at 4% CAGR; Share, Analysis, Trend, challenges, Opportunities and Forecast to 2022 … The retail sector is booming, owing to factors such as favourable demographics, rising consumer incomes and real estate developments, especially the emergence of new shopping
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Mortgage rates fell fairly quickly this afternoon following the Federal Reserves updated economic projections. While it is indeed true that the Fed “raised rates” this afternoon, there are two reasons that doesn't matter. First of all, the rate the Fed adjusts (aptly named, the Fed Funds Rate), governs only the
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The stricter the building codes, laws, and permit process, the more quickly real estate value has inflated above (and in many cases way beyond) the median income. Historically, less regulated markets “have exhibited median house prices that are three times or less that of median household incomes,
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A real estate agency in Melbourne's east has been fined a record $880,000 after underquoting on 22 properties. The Federal Court found Fletcher and Parker, an agency based in Balwyn, breached consumer law in 2015 by falsely advertising the price of properties, engaging in misleading or deceptive
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Home prices keep climbing across the Bay Area, yet the region's mortgage delinquency rates continue to fall. In the San Jose metropolitan area, only 1.3 percent of mortgages were delinquent by 30 days or more in September — down from 1.6 percent a year earlier. In the San Francisco metropolitan
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The free lunch for banks may be coming to an end as their loan books are expected to expand over the course of 2018 amid reduced domestic borrowing by the government, likely keep money markets yield subdued. Analysts are of the view that an expansion in bank credit extension brings some risks
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In the assessment, Moody's reviewed New Penn Financial, LLC's loan performance and originator ability, which among other components included analyzing its ability to accurately assess borrowers' willingness and ability to repay their mortgage loans, its ability to accurately and objectively assess
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