British banks approved the fewest mortgages in 15 months in November, when the Bank of England raised interest rates for the first time in more than a decade, industry figures showed last week. Banks approved 39,507 mortgages for house purchase in November, down from 40,417 in October and 5
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Prevalence of interbank cards has been spreading in ASEAN. Next up, we have digital banks and applications. By Joelyn Chan. Although the digital-only bank, Monzo, is only available in the United Kingdom (UK) now, its investment deck hints of overseas expansion. The deck states: âAdditional capital
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DBS Bank and Chubb have entered into a 15-year regional general insurance distribution partnership agreement in Singapore, Hong Kong, China and Taiwan. The agreement was effective from Monday. DBS will distribute, on an exclusive or preferred basis, Chubb's coverage for home, contents and
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Finance/Business Administration recent graduate needed Have you recently received your BS in Finance or Business Administration? Are you looking to s.
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As part of the agreement, Zhong An Real Estate is buying Hangzhou Qiandao Lake Beverly Resort Development Co. for 160 million yuan and Hangzhou Yanxin Real Estate Development Co. for 524.9 million yuan, according to a statement with the Hong Kong stock exchange. The developer will also
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Western Asset Mortgage Capital Corporation (WMC) traded on unusually high volume on Jan. 01, as the stock lost 1.39% to close at $9.95. On the day, Western Asset Mortgage Capital Corporation saw 416,512 shares trade hands on 2,006 trades. Considering that the stock averages only a daily
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Property consultant CoreLogic's monthly figures revealed national property prices fell 0.3 per cent in December, setting the scene for a weaker housing market this year. “Although credit policies are likely to remain tight, we expect mortgage rates to remain low in 2018, providing a positive lending
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Uwa, who expressed optimism that the firm is well positioned to leverage emerging opportunities in the industry, assured stakeholders that the company would continue to grow its core mortgage banking businesses to ensure continuous contributions to home ownership in Nigeria. He added that the
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Jfs Wealth Limited Co holds 0.02% in Huntington Bancshares Incorporated (NASDAQ:HBAN) or 5,128 shares. … and casualty, employee benefits, personal lines, life and disability, and specialty lines of insurance; and brokerage and agency services for residential and commercial title insurance, as well
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Hourglass Capital LLC lifted its holdings in shares of Philip Morris International by 0.9% in the 2nd quarter. Hourglass Capital LLC now owns 76,258 shares of the company's stock valued at $8,957,000 after buying an additional 650 shares during the period. Wedbush Securities Inc. lifted its holdings in
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If BancFirst does not engage in overly risky lending practices, it is considered to be in good financial shape. Loans that cannot be recuperated by the bank, also known as bad loans, should typically form less than 3% of its total loans. Bad debt is written off as expenses when loans are not repaid which
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And a closer look at the latest awards, in January 2017, also points to Norwegian domination: Statoil and Aker BP won more than 50 percent of the operatorships, the highest concentration since this round's inception in 2003, according to Bloomberg calculations. Big Oil's disengagement comes at a
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Together, they contribute 75 per cent of new sales while the FA channel accounts for 15 per cent and banks the remaining 10 per cent. Given the rapidly ageing population in Singapore, the battle for younger sales staff has already started. One in four Income agents and 90 per cent of the insurer's retail
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… approval by the FDA, doctors have a weapon in what has been termed by the President as a public health emergency. Additional information about Sublocade can be found here, https://www.bloomberg.com/news/articles/2017-12-01/once-monthly-opioid-addiction-injection-cleared-for-u-s-sales
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The market in the east coast capitals is showing cracks, with clamps on interest-only loans hitting Sydney's investor-driven market particularly hard. Home values in Sydney fell 0.9 per cent last month as the pace of falls over recent months accelerated, according to the CoreLogic December home value
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4, 2017 /PRNewswire/ — Douglas Elliman, the fourth largest residential real estate brokerage company in the United States, announced today that it has … For more information on Douglas Elliman as well as expert commentary on emerging trends in the real estate industry, please visit elliman.com.
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The Senate Banking Committee on Tuesday is slated to mark up its version of a regulatory overhaul bill for financial institutionsâlegislation that is supported by credit union trade groups. The bill calls for exempting one-to-four unit, non-owner occupied residential loans from a credit union's member
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New York City will be without a flagship Nike store for around a year, the sports apparel maker announced Monday. The retailer announced plans to open a new 69,000 square-foot flagship store in Manhattan at 650 Fifth Avenue at West 52nd Street in early 2019. Its current Niketown store on 57th Street,
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MCOE is looking for support to install more of these Little Lending Libraries throughout the county. Each library costs $100 to construct and our goal is to install about 100 of them countywide. The Merced County Education Foundation is planning outreach efforts aimed at the entire community to get this
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Follow @Brexit for all the latest news, and sign up to our daily Brexit Bulletin newsletter. London and Brussels failed to clinch a long-sought breakthrough on Brexit after a series of dramatic twists that saw a tentative deal derailed by the delicate question of the Irish border. âIt was not possible to reach a
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