2018: No more apathy

2018: No more apathy

We have seen major global changes in the last decade, in the past year, and will experience more changes in 2018. Now more than ever we must remember the Latin proverb “audentes fortuna iuvat” variously translated as “fortune favors the bold,” “fortune favors the brave” and “fortune favors the strong.
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Rogue traders and telephone banking scams tackled by new fraud scheme

A ground-breaking fraud prevention scheme aimed at identifying and protecting potential fraud victims when they visit a bank or building society branch has stopped more than £9 million being passed to criminals in its first year of operation, figures from UK Finance show. Since the scheme was rolled
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Weekly Commentary: A Phenomenal Year

December 28 – Bloomberg (Patrick Clark): “Your home may not have made the same gains as stocks or bitcoin, but it still was a robust year for the U.S. housing market. The value of the entire U.S. housing stock increased by 6.5% — or $2 trillion — in 2017, according to… Zillow. All homes in the country
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Florida's Medical Marijuana Industry Is Losing Its Bank, But Others Are Stepping In

Florida's First Green Bank started serving the state's medical marijuana industry with much fanfare this year, boasting that it was the only financial institution in the state willing to work with marijuana businesses. “I suspect we'll have the entire industry by [the fall],” the bank's founder and chairman Ken
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Baxter International Inc (NYSE:BAX) SVP Jeanne K. Mason Sells 33350 Shares

Grove Bank & Trust lifted its position in Baxter International by 526.0% during the third quarter. Grove Bank & Trust now owns 2,285 shares of the medical instruments supplier's stock worth $143,000 after buying an additional 1,920 shares during the period. Acrospire Investment Management LLC lifted
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Birdwatchers flock to Cortez Christmas Bird Count

Ken Fortune and Sachi Fukuman, California residents who were visiting Durango for the holidays, said they have participated in the Cortez bird count several times during previous vacations. They also regularly join their hometown's annual bird count. “We try to do as many as we can, depending on
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Real estate firm says Topgolf will anchor Garlington Park development

Topgolf will anchor the new Garlington Park development, according real estate firm The Shopping Center Group. The Shopping Center Group says Garlington Park is a 77 acre, mixed use facility. Plans to build a Topgolf in Greenville had been withdrawn in October. The Shopping Center Group says
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Is Buying Mackinac Financial Corporation (NASDAQ:MFNC) Here Good Idea?

The firm also provides consumer loan products, such as installment, mortgages, and home equity loans, as well as residential mortgage loans, commercial and governmental lease financing, and direct and indirect consumer financing. More recent Mackinac Financial Corporation (NASDAQ:MFNC)
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2018: Stakeholders anticipate more liquidity for real estate transactions

For real estate investors, 2017 was a gloomy year as many projects were stalled, transactions almost non-existent and many construction workers lost their jobs. They have, however, expressed optimism that in 2018, the industry will be revived with more liquidity to close deals, as a prelude to the 2019
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Robust consumption, investment activity drive demand

RBF also noted that consumption indicators such as new lending for consumption purposes increased in the first eleven months led by higher growth in the wholesale, retail, hotels and restaurants sector. Similarly, the central bank also recorded improved outcomes for investment activity with partial
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China to cap overseas withdrawals using domestic bank cards

Meanwhile, manufacturing in China grew at a slightly slower pace in December than the previous month, a Chinese government survey showed yesterday, following government controls on bank lending, according to AP. The National Bureau of Statistics reported that the country's manufacturing
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Gulf Air lending support to national team

Gulf Air lending support to national team. Posted 31 December 2017 · Add Comment. As excitement mounts for the final stages of football's Gulf Cup, Bahrain's Gulf Air is getting behind its national team ahead of Tuesday's semi-final against Oman which is being played in Kuwait. The Bahraini carrier
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Credit slowdown

Earlier in its October 2017 Financial Stability Review, the central bank noted that bank lending to Fiji's business and household sectors somewhat slowed in the first six months of 2017. This was attributed to the tightening of credit standards as applied to the approval of loans, liquidity, funding costs and
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ProgrammableWeb's Most Interesting APIs in 2017: Payments, Banking, Blockchain and Finance

Visa B2B Connect is a payment platform for banks and their corporate clients. Visa B2B Connect API supports end-to-end processing of B2B payments of transactions in a variety of currencies and across international borders. This API is currently open only to participating pilot banks. Visa Payments
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Avon Lake Library looks back on a rather bizarre year

A new lending program was rolled out in September–lending out bicycles. “In Avon Lake we have many bike paths and bike lanes and we are right next to the metro parks,” she said. Four bicycles and helmets were purchased locally to encourage people to “go out and be active and physically fit.” It was
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Spark Investment Management Lowered Fortune Brands Home & Sec In (FBHS) Stake; Dolby …

Spark Investment Management Llc decreased Fortune Brands Home & Sec In (FBHS) stake by 29.14% reported in 2017Q3 SEC filing. Spark Investment Management Llc sold 24,100 shares as Fortune Brands Home & Sec In (FBHS)'s stock rose 10.95%. The Spark Investment Management Llc holds
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Peer-to-peer lender Funding Circle sees float on the horizon

Britain's biggest peer-to-peer lender has taken a step towards realising its long-held ambition to become a public company as soon as this year. Funding Circle has told investment bankers that it plans to hold a beauty parade in the first quarter of 2018 to select advisers for an initial public offering,
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As Columbia Banking Systems INC (COLB) Valuation Declined, Holder Copper Rock Capital …

Investors sentiment decreased to 0.95 in 2017 Q3. Its down 0.57, from 1.52 in 2017Q2. It dived, as 15 investors sold COLB shares while 68 reduced holdings. 22 funds opened positions while 57 raised stakes. 54.35 million shares or 0.57% less from 54.66 million shares in 2017Q2 were reported.
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Navistar International (NAV) Upgraded to “Buy” at Stifel Nicolaus

Navistar International logo Navistar International (NYSE:NAV) was upgraded by equities researchers at Stifel Nicolaus from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Tuesday, December 12th, Marketbeat.com reports. The firm currently has a $50.00 target price
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Foods to kick off a lucky New Year

Pomegranate seeds are also supposed to be lucky and bring good fortune. Come breakfast the morning of New Year's Day you're going to want to grab ring-shaped foods. The circular shape apparently represents the year coming in full circle. Moving onto lunch- roast fish. Fish are supposed to be lucky
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