Allahabad Bank cuts lending rates by 45 bps to 9.15 pc

Allahabad Bank cuts lending rates by 45 bps to 9.15 pc

New Delhi, Mar 31 (PTI) Public sector lender Allahabad Bank has reduced the base rate and benchmark prime lending rate (BPLR) by 45 basis points each, a move that will lower EMIs for its borrowers. “The Asset Liability Management Committee (ALCO) of the bank has decided to reduce base rate and
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Swanky enclaves, upscale mid-rises, trendy retail spots mark Daniel Island's evolution

Part of an energized but supply-hungry regional real estate market, Daniel Island has avoided the area's recent pattern of slowing residential sales and surging prices. Instead telltale signs for the inland island community of 10,000-plus people are rising home values, a few new posh enclaves and
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UK factory activity and consumer lending slow in early 2018

The manufacturing sector in China continued to expand in February, and at a slightly faster rate, the latest survey from Caixin revealed on Thursday with a manufacturing PMI score of 51.6. According to Markit/CIPS, the combination of ongoing expansion and expected future output growth encouraged
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Japan Banks Must Persist With Consolidation, New Lobby Head Says

Fujiwara, who is also president of Mizuho Financial Group Inc.'s main lending unit, said he sees room for win-win relationships where large banks assist small businesses in rural areas that want to expand overseas and local lenders provide enhanced services. Mizuho formed a partnership with
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Don't Forget to Spring-Clean Your Credit Report

When you apply for a new credit card or car loan, for example, a lender pulls a credit report from one or all of the CRAs to check your credit history and determine if you're a good candidate for a loan. Lenders want to extend loans or credit to people with strong credit reports, so it's important that the
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Allahabad Bank cuts lending rates by 45 bps

Public sector lender Allahabad Bank has reduced the base rate and benchmark prime lending rate (BPLR) by 45 basis points each, a move that will lower EMIs for its borrowers. “The Asset Liability Management Committee (ALCO) of the bank has decided to reduce base rate and BPLR by 45 basis
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Baxter International Inc (BAX) Director James R. Gavin III Sells 18750 Shares of Stock

Baxter International announced that its board has initiated a share buyback plan on Tuesday, February 20th that permits the company to buyback $1.50 billion in shares. This buyback authorization permits the medical instruments supplier to purchase shares of its stock through open market purchases.
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2365 Beaufort Brookline PA

View photos, details, map for 2365 Beaufort Brookline PA. Spacious 3 story Up and Down Duplex in Brookline. Corner lot. Bottom unit is a 1 bed/1 bath and top unit is 3 bed/1 bath. Top unit has 2 large bedrooms on…
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Commercial Real Estate Specialist jobs in Fort Worth, TX

Today's top 4 Commercial Real Estate Specialist jobs in Fort Worth, TX. Leverage your professional network, and get hired. New Commercial Real Estate Specialist jobs added daily.
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Anchorage to lend prosecutor for some state felony cases

Officials in Anchorage and the State of Alaska say they are partnering to prosecute more cases of domestic violence and serious property crime in the city. Listen now. Under an agreement announced Friday, an Anchorage city prosecutor will work on felony cases in the state District Attorney's office.
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Treasurer Seeking Banking Solutions for Medical Marijuana

Treasurer Seeking Banking Solutions for Medical Marijuana. West Virginia's state treasurer says he's seeking guidance from the U.S. Treasury secretary as he seeks solutions for collecting funds from the state's medical marijuana program. March 31, 2018, at 11:18 a.m.. Treasurer Seeking Banking
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Should You Be Tempted To Buy McDermott International Inc (NYSE:MDR) At Its Current PE Ratio?

McDermott International Inc (NYSE:MDR) is currently trading at a trailing P/E of 9.3x, which is lower than the industry average of 23.3x. While MDR might seem like an attractive stock to buy, it is important to understand the assumptions behind the P/E ratio before you make any investment decisions.
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Atrium European Real Estate Pays Another Special Dividend

Last year, I argued Atrium European Real Estate (OTCPK:ATRBF) appeared to be increasing the leverage on its balance sheet, and I thought this would either pave the way for a substantial increase of its lettable area (by acquiring new properties) or to spend even more cash on special dividends.
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Alliancebernstein LP Has $10.78 Million Holdings in China Yuchai International Limited (NYSE:CYD)

Alliancebernstein L.P. lifted its position in shares of China Yuchai International Limited (NYSE:CYD) by 38.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 449,350 shares of the company's stock after buying an
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What's Better for a Bad Credit Car Loan, a Bank or Credit Union?

Credit unions are usually smaller lending institutions that put their focus on the member experience because they're non-profits and member-owned. This typically allows them to offer less strict approval standards and lower interest rates on loans and credit cards. However, you often need to become a
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UAE borrowers play it safe

The gradual increase in US interest rates is having a telling effect on UAE mortgage takers. Facing an increase in their monthly installments, they are likely to swap their existing mortgage to go for longer fixed rates. Also, with several projects launched in 2014-15 nearing completion this year, banks will
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India's CBI probing Videocon, husband of ICICI Bank CEO, in loan case: sources

NEW DELHI (Reuters) – Indian police have launched a preliminary investigation into the husband of ICICI Bank's (ICBK.NS) chief executive, as well as officials at the lender and at Videocon Group (VEDI.NS), two sources said on Saturday, to assess whether there was any wrongdoing in lending
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Perth real estate: Suburbs where houses grow in value at least $100 a day

Data from Corelogic reveals house owners in City Beach earned the most money per day in median value growth for their properties over the past year. The oceanside suburb's median sale price has risen 18.1 per cent to $1.94 million in the 12 months to February as the WA property market continues to
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Premier Asset Managment Upped Microsoft (MSFT) Position By $852550; Last Week Dynex …

Agency MBS have a guaranty of principal payment by an agency of the U.S. government or a U.S. government-sponsored entity, such as Fannie Mae and Freddie Mac. The stock increased 1.22% or $0.08 during the last trading session, reaching $6.63. About 1.10 million shares traded or 183.40% up
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Allahabad Bank cuts lending rates by 45 basis points

“The Asset Liability Management Committee (ALCO) of the bank has decided to reduce base rate and BPLR (benchmark prime lending rate) by 45 basis points,” the bank said in a regulatory filing on Saturday. Allahabad Bank has slashed base rate to 9.15% from 9.60%. BPLR has been brought down to
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CDN Real Estate Un (REF.UN.TO) Moves Above Ichimoku Cloud

CDN Real Estate Un (REF.UN.TO) Moves Above Ichimoku Cloud

The 14-day ADX for CDN Real Estate Un (REF.UN.TO) is currently at 37.84. In general, and ADX value from 0-25 would represent an absent or weak trend. A value of 25-50 would support a strong trend. A value of 50-75 would signify a very strong trend, and a value of 75-100 would point to an extremely
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Conte banking on 'great end to the season' from Morata, Giroud, Chelsea

Chelsea have at most ten games left this season, eight in the Premier League to try to salvage Champions League qualification and potentially two more in the FA Cup to try to improve Conte's legacy (assuming he's leaving this summer, which narrative the vast majority of the football world continues to
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Lucy Tilley Acquires 50 Shares of Mortgage Advice Bureau (LON:MAB1) Stock

Mortgage Advice Bureau logo Mortgage Advice Bureau (LON:MAB1) insider Lucy Tilley acquired 50 shares of the company's stock in a transaction dated Wednesday, March 14th. The shares were acquired at an average price of GBX 605 ($8.36) per share, for a total transaction of £302.50 ($417.93).
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Is Buying Mettler-Toledo International Inc. (MTD) Here a Winning Strategy? The Stock Formed …

Investors sentiment increased to 0.98 in Q4 2017. Its up 0.14, from 0.84 in 2017Q3. It increased, as 21 investors sold Mettler-Toledo International Inc. shares while 179 reduced holdings. 58 funds opened positions while 137 raised stakes. 22.21 million shares or 0.20% less from 22.26 million shares in
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Real estate firms erect illegal placards

Illegal placards erected on the median of the road near Chhat village, Zirakpur. Photos by writer. Satinder Pal Singh. Zirakpur, March 30. Display of placards in the median on the 200-foot wide road near Chhat village here has been going on for years in violation of the norms. However, the civic body
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Hyperspectral Remote Sensing Market: Growth Rate, Consumer Buying Patterns, Demand and …

UAVs also play a key role in the civilian and commercial industries such as the energy, mining, construction, agriculture, real-estate, and news media during the forecast period. The global UAVs market is expected to reach nearly $31 billion by 2021, growing at a CAGR of 14.33% during the forecast
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Russia Detains Tycoon Magomedov Over Suspected Fraud

Russia detained Summa Group co-owner Ziyavudin Magomedov, who has been in talks to sell his stake in a key port, on suspicion of embezzling large amounts of state funds for infrastructure and energy projects. Magomedov, his brother Magomed Magomedov and Artur Maksidov, who runs a company
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Samuel Belzberg, Relentless Canadian Deal Maker and Philanthropist, Dies at 89

The Belzberg brothers in the mid-1970s acquired Far West Financial Corp., the owner of a savings and loan institution in California. Mortgage lending provided a financial base, but Sam Belzberg had grander visions and invested in scores of companies, including the makers of Skil power tools and
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Power Quality Meter Market: Emerging Barriers, Drivers and Trends Analysis with Forecast to 2021

The slowdown is mainly attributed to the slow performance of the country's real estate sector, together with the enormous manufacturing overcapacity. In the manufacturing sector, state-owned firms face huge excess capacity in production. The problem can only be resolved if there is a growth in demand
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Real estate payment drop box to open

Payments should include the real estate identification number and the payee's phone number. Receipts will be mailed upon request. Any payment received after April 30 will be subject to interest. Payment can also be mailed to the Pennington County Treasurer at PO Box 6160, Rapid City, S.D., 57709,
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Chinese investment in Seattle commercial real estate plummets 81 percent

Speculation that new Chinese government controls would limit investment in U.S. commercial real estate have been borne out, according to a new Cushman & Wakefield report. Seattle deal volumes declined 23 percent in 2017 from the previous year, while acquisitions by Chinese investors fell 81
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Ocean-to-lake estate on S. Ocean Blvd. in Manalapan going to auction

Noticed — That broker Christian Angle of Christian Angle Real Estate earned the Architectural Commission's unanimous thumbs-up this week for an addition he and his wife, Ann-Britt, are planning at their Midtown home at 306 Pendleton Lane. Designed by Fairfax and Sammons, the project will add a
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Apple Unveils Updated iPad Touted for Students As a Possible New Apple Watch Looms

Suffice it to say that the first quarter of 2018 has proven to be a bit of a bore for those seeking new hardware from Apple. The tech giant this week unveiled its first new hardware release of the year with an updated iPad. The device has the same design as its predecessor and comes with the identical
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Flamini denies alleged $48 billion wealth

Forbes claimed the former Arsenal midfielder – now with Getafe in LaLiga – had established the fortune through his company, GF Biochemicals, which produces levulinic acid. But the former France international denied that is the case and rejected suggestions he is the world's richest footballer. “Well, it's
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BlackRidgeBANK names four to bank officer positions in Fargo

Kyle Haugland has been named Vice President & Business Banking Loan Officer in our Fargo Region. Kyle will expand his role in commercial lending, as he works with business clients on their complex financial activities and needs. He was formerly the Assistant Vice President & Business Banking
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Three Understated Metrics For Indian Overseas Bank (NSE:IOB) You Should Know

As a small-cap bank stock with a market capitalisation of ₹84.37B, Indian Overseas Bank's (NSEI:IOB) risk and profitability are largely determined by the underlying economic growth of the IN regions in which it operates. A bank's cash flow is directly impacted by economic growth as it is the main driver of
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Tesla Confirms That Autopilot Was Active in Fatal Model X Crash

In a statement Friday night, Tesla reported that the Autopilot system was engaged when a Model X crashed into a highway divider on March 23rd. Further, Tesla says the unnamed male driver's hands were “not detected on the wheel for six seconds prior to the collision,” and that he had received
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Saudi Arabia's first housing forum explores opportunities for real estate

Earlier, speaking at the forum, the housing minister affirmed that it helps to achieve the strategies the ministry works on. The first strategy is to enable every Saudi citizen to obtain a residential or financing product quickly by providing mortgage loans in partnership with banks and financial institutions.
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Burger King Introduces the Chocolate Whopper — Maybe

Burger King seems to be teasing fans with a pretty sweet April Fool's Day gag — the BK Chocolate Whopper. The fast food chain on Friday posted a video announcing the release of the Chocolate Whopper, a dessert version of its signature Whopper burger “coming soon to your local Burger King. maybe
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San Francisco Gets New Crop of Luxury Condos

San Francisco's luxury condo market, which posted a record number of sales in the spring quarter of 2017, could be primed for a repeat performance. Luxury condos, which comprise 51% of the city's housing market and start at $2 million, are concentrated in the southeast quadrant—south of Market
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Trump Attacks Amazon Anew, Says `Post Office Scam' Must End

Trump Attacks Amazon Anew, Says `Post Office Scam' Must End

Amazon.com and the Washington Post have been regular punching bags for Trump. In July, the president mused about whether the newspaper was “being used as a lobbyist weapon” to keep Congress from looking into Amazon's business practices. He echoed that comment on Saturday, saying the
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India's banking sector paralysed due to scams of Rs 61k crore, says Congress

BENGALURU: The opposition Congress has alleged that banking scams to the tune of Rs 61,036 crore in 11 banks of the country have caused a paralysis in the banking sector. All India Congress Committee communications in-charge Randeep Singh Surjewala also attacked the Centre for not taking
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Robert Mercer, the Census and Baseball

(Bloomberg View) — The weekend is here! Pour yourself a mug of coffee, get comfortable on the massage table, and get ready for our longer-form weekend reads: • Inside the Strange Odyssey of Hedge-Fund King Eddie Lampert (Vanity Fair). • The Wolves of K Street: Meet the people making bank on
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One of the "big guys" now, TowneBank could benefit from banking bill

Proposed banking changes that are making their way through Congress have been anything but uncontroversial. Bipartisan advocates, including Virginia's Democratic Sen. Mark Warner, say the bill that's passed the Senate and is now in the House, dubbed the “Economic Growth, Regulatory Relief, and
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Fast-Fashion Fades As Secondhand Market Grows

(Bloomberg View) — There are two textile-obsessed columnists at Bloomberg View. One, based in Kuala Lumpur, is writing a book about used goods, including the global trade in secondhand clothes. The other, based in Los Angeles, is also writing a book – about textiles, technology and trade. So we
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Palestinians Seek Protection as Israel Blasts `Terrorist' March

Palestinians participate in a tent city protest commemorating Land Day, with Israeli soldiers seen below in the foreground on. March 30. Photographer: Jack Guez/AFP via Getty Images. Israeli and Palestinian leaders blamed each other for the deaths of at least 16 Palestinians who were part of a mass
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Cher Wants Saudi Crown Prince to Free Royal Detainee

So now it's U.S. singer Cher's turn to weigh in on the wave of arrests that targeted senior officials, royals and billionaires in Saudi Arabia. Among those still in detention is Prince Turki bin Abdullah, a former governor of Riyadh and, according to Cher, a friend of her son Elijah. Prince Turki was among the
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Melrose Hostile GKN Takeover Sparks UK Government Interest

An employee inspects a wingbox section for an aircraft at GKN Plc's Aerospace factory in Filton. Photographer: Chris Ratcliffe/Bloomberg. The U.K. ministers for defense and business may take steps over Melrose Industries Plc's hostile takeover of government contractor GKN Plc for any risks the deal
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Former PC Financial customers say frozen Simplii bank accounts causing 'undue hardship'

Some customers of Simplii Financial, the rebrand of the former PC Financial, say they've been caught off guard after their bank accounts were suddenly frozen in recent weeks. Last year, the new CIBC-operated banking service absorbed more than two million PC Financial customers and promised a
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The Future of Clothing Isn't in Tatters

There are two textile-obsessed columnists at Bloomberg View. One, based in Kuala Lumpur, is writing a book about used goods, including the global trade in secondhand clothes. The other, based in Los Angeles, is also writing a book – about textiles, technology and trade. So we asked them if they'd
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Cameras, frequent cleanings set for South Bend homeless site

The South Bend Tribune reports Buttigieg says the best way to prevent the homeless encampments is offering housing alternatives for the chronically homeless. The city and a local ministry are searching for a site for a planned “gateway center” to temporarily house people awaiting permanent housing.
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State treasurers seek guidelines for banks serving pot businesses

In January, Sessions rescinded the “Cole Memos,” previous DOJ notices that not only provided guidance to law enforcement in states where marijuana had been legalized, but also formed the basis of some preliminary guideposts for banks and credit unions that wanted to serve cannabis businesses.
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Japanese Banks Must Persist With Consolidation, New Lobby Head Says

Japanese banks must move forward with consolidation by using everything from mergers to informal tie-ups to tackle declining profitability, according to the new chief of the industry's main lobby group. “Consolidation has to advance from here, and the formats for doing this are going to get more diverse,”
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Chanda Kochhar: 'Ms Consistency' of Indian banking who is no stranger to crises at ICICI

The CEO of ICICI Bank has seen several ups and downs in her 25-year career. But the allegations of conflict of interest could be her toughest challenge yet. Mumbai/New Delhi: Chanda Kochhar took charge as chief executive of the ICICI Bank in May 2009 at a very tumultuous juncture. It was one of the
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These are the ways student loans stop people from buying a house

“The mortgage company decided that my income-to-debt ratio was a little bit higher than they were comfortable with,” McKinley, 59, said. … “The mortgage officer wants to see that your overall expenditures on housing and debt — including student loans and car payments — is not more than 36 percent
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Claims Longford mortgage holders have been 'raped' by overseas funds

Banks have “financially raped” taxpayers by selling off millions of euro worth of mortgages, it was claimed at a recent county council meeting. Cllr Seamus Butler said the State's leading financial institutions had caused untold damage to households up and down the country by off-loading distressed
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Banks to remain open till 8 PM on March 31: RBI

Reserve Bank of India's offices and all designated branches of agency banks conducting government banking will keep their counters open up to 8.00 PM today for … The RBI adds that even though Monday is a holiday to enable banks to close their yearly accounts, RBI offices will work on that day.
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Old Mutual Global Investors UK Ltd. Boosts Stake in Philip Morris International Inc. (PM)

Philip Morris International logo Old Mutual Global Investors UK Ltd. increased its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 3,357.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund
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US dollar share of global currency reserves hits 4-year low: IMF

The US dollar's share of currency reserves reported to the International Monetary Fund declined in the final quarter of 2017 to a four-year low, as other currencies' shares of … “The limited (US dollar) buying is not surprising. Reserve managers buy (US dollar) when they have to – they rarely want to buy.”.
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In banking this week: ICICI Bank-Videocon Group loan controversy raises many questions

Many allegations and questions have been raised after a blog post by a 'whistleblower' alleged that Dhoot provided Rs 64 crore to a firm promoted by Chanda Kochhar's husband Deepak Kochhar six months after Videocon Group secured a Rs 3,250 crore as loan from ICICI Bank in 2012. The amount
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Slate Canadian Real Estate Opportunity Fund I Completes $1.14 Billion Portfolio Acquisition

Slate Canadian Real Estate Opportunity Fund I Completes $1.14 Billion Portfolio Acquisition

TORONTO, March 27, 2018 (GLOBE NEWSWIRE) — The Slate Canadian Real Estate Opportunity Fund I (the “Fund”) is pleased to announce the closing of its previously announced acquisition of a portfolio of real estate assets (the “Portfolio”) from Cominar Real Estate Investment Trust for approximately
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Banking scam fallout: RBI may let PNB spread fraud losses over 1 year

The Reserve Bank of India (RBI) had agreed in principle to a request by Punjab National Bank (PNB) to spread its losses related to the Nirav Modi-Mehul Choksi fraud over four quarters, sources said. “However, we are still awaiting a written communication from the regulator,” a source at the Delhi-based
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Angelina Is Single, Not Dating Real Estate Agent Despite Reports

Angelina Is Single, Not Dating Real Estate Agent Despite Reports. Get the hottest celebrity news directly to your phone. Download the Us Weekly App now! By Emily Marcus. March 27, 2018. Angelina Jolie Isn't Dating Misses Moving Around World With Kids. Maddox Jolie-Pitt, Pax Jolie-Pitt, Angelina
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Seniors' Home Equity Grows by $149B in Fourth Quarter

Homeowners aged 62 and older saw their home equity rise by $149 billion between the third and fourth quarters of last year, according to the most recent Reverse Mortgage Market Index (RMMI) report. The index, calculated by the National Reverse Mortgage Lenders Association and the Arlington, Va.
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Column: End crony housing trust funds

Throughout the 1990s, during the aftermath of the Savings and Loan bailout that alone cost taxpayers in excess of $120 billion, federal policymakers began to use the government-sponsored enterprises (GSEs), Fannie Mae and Freddie Mac, as political instruments to achieve affordable housing policy
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Earnings Estimates to see: Pennsylvania Real Estate Investment Trust (PEI)

Pennsylvania Real Estate Investment Trust (PEI) ended its last session at $9.6 by Surging 1.05%. The company currently has an average volume of 1.2 Million. Pennsylvania Real Estate Investment Trust has its outstanding Shares of 71.08 Million. Market capitalization is the total market value of all of a
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Postal Banking System

postal banking marine protected areas post national security adviser tsilhqot'in nation fisheries and oceans classified information voted for 21 briefing deputy house leader no-take zones opposition firearms oil and gas area indigenous peoples public safety protection chiefs coast communities services
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NH House committee skeptical of real estate transfer tax break

The NH House Ways and Means Committee's first reaction to a bill that would cut the rate of the real estate transfer tax for first-time homebuyers was not a favorable one. Members from both parties criticized the proposal as ineffective, unworkable and unconstitutional. Senate Bill 301, passed by the
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Real estate owners vie for NYC tax bill relief, reap $577M

Both large and small real estate owners of 98.6 percent of the city's total taxable value have filed to have their assessments from last year reduced — and have saved a collective $577 million. A new report from the NYC Tax Commission for fiscal 2017 shows the independent agency received 54,730
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Hong Kong's Li Ka-shing, the billionaire buyer of Expo lands, set to retire

Former Vancouver city councillor and CEO of immigrant services group SUCCESS Tung Chan, who has met both Lis during their time in Canada, said while people might debate Li's role in shaping Vancouver's current real estate and urban development trends, the key impact of the billionaire's 1988
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Quebec Cuts Business Taxes in 4th-Straight Balanced Budget

Quebec plans to balance its budget for a fourth straight year, allowing the province to pay down debt and lower taxes for small businesses and homebuyers with an election just six months away. Canada's second-most populous province is committed to five more years of balanced books following a net
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Judge Compares Trump Military Trans Ban to Historical 'Errors'

A federal judge in Seattle pushed ahead with a challenge to President Donald Trump's ban on transgender people serving in the military, comparing the government's case to historical errors by courts that decades ago signed off on excluding people based on race and gender. “We gave historical
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Hundreds of affordable homes may have been improperly sold

In Denver's current housing market, they'd have to sell to qualifying buyers at a price tens of thousands of dollars below market value. The restriction on Eggert's home won't lift until 2024. And they aren't the only ones. After 9NEWS began compiling a list of the homes affected, Office of Economic
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New Jersey Police and Firefighters Aggravate Pensions Mess

The New Jersey Legislature on Monday passed a bill allowing the police and firefighters to control “how their retirement funds are invested and their levels of contributions and benefits,” according to NJ.com. It passed the Senate by 34-2 and the Assembly by 67-2, giving it broad bipartisan support, and
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Eight tips to create a seamless and secure mobile banking experience

Banks strive to meet mobile users' expectations and many customers try basic services via mobile that don't require a high level of trust, such as checking balance and limited fund transfers. But long term, mobile banking customers want more than just basic services. Many are waiting for banks to step
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Big gender pay gaps persist at US banks in Britain

U.S. investment banks in London have some of the biggest gender pay gaps in the country, reflecting long-established cultures of men dominating top trading and advisory roles and women working in junior posts or as administrators. Women are paid around half as much as men in the main U.K.
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Why not to lend others your credit cards

KNOXVILLE, Tenn. (WATE) – Just about everyone has a credit card, and half of credit card users admit to risky behavior. If you do, there's a one in three chance you'll get burned. Too many folks have been burned after lending their credit card to someone else — 36 million people, by one recent
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Is Buying Digi International Inc. (DGII) Here a Winning Strategy?

Investors sentiment decreased to 0.95 in Q3 2017. Its down 0.15, from 1.1 in 2017Q2. It turned negative, as 14 investors sold Digi International Inc. shares while 30 reduced holdings. 12 funds opened positions while 30 raised stakes. 20.57 million shares or 0.09% less from 20.59 million shares in
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Djibouti plans new container terminal to bolster transport hub aspirations

It was also prepared to buy out DP World's stake in an existing container terminal to end a row with the Dubai port operator and avoid arbitration, he said. … World over its cancellation of a concession contract for another facility, the Doraleh Container Terminal, by buying out DP World's 33 percent stake.
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Facebook Delays Home-Speaker Unveil Amid Data Crisis

The devices are part of Facebook's plan to become more intimately involved with users' everyday social lives, using artificial intelligence — following a path forged by Amazon.com Inc. and its Echo in-home smart speakers. As concerns escalate about Facebook's collection and use of personal data, now
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Read This Before Buying Superior Industries International Inc (NYSE:SUP) For Its Upcoming $0.09 …

Read This Before Buying Superior Industries International Inc (NYSE:SUP) For Its Upcoming $0.09 …

Attention dividend hunters! Superior Industries International Inc (NYSE:SUP) will be distributing its dividend of $0.09 per share on the 19 April 2018, and will start trading ex-dividend in 3 days time on the 04 April 2018. Is this future income a persuasive enough catalyst for investors to think about Superior
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WB approves $145mn to help improve poor's access to affordable housing in Pakistan

WASHINGTON: The World Bank (WB) has approved $145 million for Pakistan to help improves processes that would enable poor, including women, to have access to affordable houses through mortgage financing. The funds to be made available under the Pakistan Housing Finance Project (PHFP) will
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Princeton Capital Management LLC Buys New Position in Philip Morris International Inc. (PM)

Philip Morris International logo Princeton Capital Management LLC acquired a new stake in Philip Morris International Inc. (NYSE:PM) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,651
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Just Approved: Reverse mortgage and conventional refinance enable home exchange

Holmgren worked with the title company to make sure that all of this was done in such a way that neither party was subject to property tax reassessment. The result was affordable new homes for father and son. John Holmgren,. Holmgren & Associates,. (510) 339-2121, john@mortgageholmgren.com.
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Born the son of a coal miner in Rotherham, David Matthews built a large fortune

Born the son of a coal miner in Rotherham, David Matthews managed to amass a reputed £40million. He also gained the title Laird of Glen Affric, while his children have millions of pounds of their own. His father started him on the road to better things by leaving mining and setting up a garage near the
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Fair housing marks 50 years but it's still elusive for some

On April 11, 1968, President Lyndon Johnson signed the federal Fair Housing Act, which prohibited discrimination concerning the sale, rental and financing of housing based on race, religion, national origin, sex, handicap and family status. This important law also made it unlawful for a housing provider
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Hingham resident joins Riemer & Braunstein real estate practice

Raymond Estes, of Hingham, has been named partner at Riemer & Braunstein, a law firm that specializes in corporate and real estate finance with offices in Boston, New York and Chicago. The firm's zoning and land use services particularly are centered in Boston and Burlington. Estes will be providing
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4 Ways Facebook Is Trying to Combat Election Meddling

Facebook outlined how it plans to increase security and thwart election meddling as pressure mounts on the social network to curb the rise of fake news and foreign interference. Facebook continues to face criticism for its failure to prevent users from sharing misleading news on its service, particularly in
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Hernandez completes lending school

Esmeralda Hernandez, personal banker for First State Bank & Trust Company, recently completed the 2018 School of Lending Principles. … The School of Lending Principles is sponsored by the Kansas and Nebraska Bankers Associations and is endorsed by the Colorado, Louisiana and Wyoming
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Enough of mollycoddling

As banks are cajoled to lend again, bad lending also resumes. Unless GoI reforms the system, we will see the replay of the Nirav Modi story. One of the roots of the mess can be traced back to the original sin: the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1969/1980, and the
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Official under Obama, Bloomberg expected to run for mayor

A top administrator under former President Obama and Mayor Mike Bloomberg is mulling a run in what's expected to be a crowded field for mayor in 2021. Sources said Shaun Donovan, 52, is exploring jumping into the Democratic primary — as he did last year without ultimately getting in. Donovan
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Residential Real Estate: Marketplace for March 30, 2018

focus-marketplace-stats-033018-2col.jpg Pending home sales in the central Indiana dipped 0.7 percent last month compared to the previous year, although prices are up 5.3 percent so far this year, to nearly $194,000. The sales decline can be attributed to a dwindling inventory, with fewer buyers
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Women in Banking #MeToo fallout, the frustrating Fed and the changing role of the CMO

Save the diversity initiatives: Men and women in the banking, payments and mortgage sectors are divided over the potential impact of the #MeToo movement. Though 36% believe it will have some impact, and another 8% think it will have a high impact, not all agree that the impact will be positive.
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Saudi Prince to Push for Technology Deals on US Tour

On Friday, Saudi Arabia's de facto ruler will be in Seattle, with plans to meet Amazon.com Inc. Chief Executive Officer Jeff Bezos and Microsoft Corp. CEO Satya Nadella, as well as executives from Boeing Co., said people familiar with the matter. Microsoft co-founder Bill Gates will host the 32-year-old
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World Bank approves $145 million for low-cost housing in Pakistan

ISLAMABAD: The World Bank has approved $145 million for Pakistan Housing Finance Project (PHFP), aimed at expanding homeownership, including women and the poor through access to affordable house building loans, a statement said on Friday. The international financial institution in its
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Lawson mulls entry into banking

Jiji Press TOKYO (Jiji Press) —Convenience store chain Lawson Inc. said Monday that it will soon apply for a preliminary regulatory examination for a banking license. Lawson Bank Preparatory Co., which is 95 percent owned by Lawson and 5 percent by Bank of Tokyo-Mitsubishi UFJ, will file the
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Town Bank parent Wintrust donates $12 million to Marquette

Town Bank has recently expanded its presence in southeastern Wisconsin, particularly in downtown Milwaukee. BizTimes reported the bank plans to move its commercial banking operations to 731 N. Jackson St. this spring, bringing about 40 employees downtown. And Town Bank's first two downtown
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Spreading Islamic Banking in Uganda, One Friday Sermon at a Time

Whether speaking from the pulpit in Kampala or at social functions, the 59-year-old has become Uganda's most ardent promoter of Islamic banking, a practice the nation is set to follow neighbors Kenya and Tanzania in adopting after years of debate. And though Kasozi perceives a religious obligation,
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Austria Draws Scorn for Sitting Out Russian Diplomat Expulsions

Austria is drawing criticism from parts of the European Union for saying it couldn't expel Russian diplomats on account of its neutrality. Chancellor Sebastian Kurz's government, which includes nationalists that cooperate with Vladimir Putin's party, declined to join the tough international response to a
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Facebook Accused in Suit of Enabling Discriminatory Housing Ads

Facebook Inc. was sued by civil rights groups led by the National Fair Housing Alliance claiming the social-media giant's advertising platform allows landlords and real-estate brokers to exclude groups of people from receiving ads about housing based on characteristics such as family status or sex.
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The Chinese MIT researcher who 'stole' inside info on Sibanye and Steinhoff from his Linklaters …

The Chinese MIT researcher who 'stole' inside info on Sibanye and Steinhoff from his Linklaters …

Yan made most of the money buy buying options on American company Stillwater Mining shares just weeks before Sibanye Gold announced a massive takeover bid. A much smaller portion came from trading in Mattress Firm before it became public that Steinhoff International planned to buy it.
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There are still mortgages offered with little down payment

Q. We have a pretty good credit rating but not much cash. My father-in-law says there are ways to buy real estate with little or no money down. Is that just in the past, or is it still possible? A. Yes, there are still ways to buy your own home with almost no cash, especially for first-timers. Your good credit
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Tenant tips: How to negotiate lower rent

Landlords need income to pay mortgages, property taxes, and other costs. The picture of a rich landlord is often wrong. In many cases, we're talking about small investors who can barely pay two mortgages, one for the rental and one for their home. Ease their minds. A good credit score, a solid credit
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All Things Real Estate: Dad seeks answers on home sale to son

And do we have to pay for title insurance and have all of those inspections? My son knows this house as well as I do so it's not like a real sale. A: It's hard to answer your questions because I don't have enough facts with regard to your personal situation, but I'll give it a shot. First of all, you didn't tell me
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Five local real estate firms honored

BLOOMINGTON — Five Bloomington-based real estate firms are listed in an industry report recognizing the nation's leading residential real estate … Each closed a minimum of 500 “sides,” which puts them among the industry's top 1,250 firms and on a list of Up-And-Comers, according to REAL Trends.
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Coffee Sellers Can't Dodge California Cancer-Warning Law, Judge Says

Coffee brewers and retailers can't escape a California law that requires them to tell consumers that coffee contains a chemical known to cause cancer. A California state judge in Los Angeles issued a tentative ruling in a lawsuit brought against dozens of companies, including Starbucks Corp., Target
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The Fastest Growing Housing Markets Remain Out West

The real estate market will continue strengthening over the next 12 months, especially in the Pacific Northwest. That's according to the latest quarterly report by Veros Real Estate Solutions. The study looks at more than 13, 000 ZIP codes across almost 1,000 counties. Through March of 2019, the median
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Homeowners accessorize

Free-standing garages in backyards across the City of Gunnison may offer multiple benefits, including helping a homeowner make his mortgage payment while easing a tight rental housing market. Planners are increasingly looking to accessory dwelling units (ADU) as a way to provide housing stock by
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US stock fund investors pull most cash since February meltdown: Lipper

During the latest week, U.S. investors also turned on international stocks, which have been a popular place to sock away gains from the domestic market. Non-domestic equity funds recorded $340 million in withdrawals during their first week of outflows this year. European stock funds posted $1.2 billion
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Toast This Easter With Peeps-Flavored Beer

Collective Brewing Project, out of Dallas, is behind the new concoction. Called Peep This Collab, the beer is made in conjunction with a local bar, Lone Star Taps & Caps. It's a sour ale that contains more than 30 boxes of Peeps, as well as edible glitter to make it shine. The taste is described as
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First Centennial Title Company of Nevada adds staff members

Lynne Toy has joined First Centennial Title Company of Nevada's new branch location at 500 Damonte Ranch Parkway, Suite 820, in Reno. Toy is a certified senior escrow officer, and has served the Northern Nevada and Lake Tahoe areas for more than 25 years. Kelli Cherry and Misty Corso have also
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TNERC to take a call on wind energy banking in next order

The Tamil Nadu Generation and Distribution Corporation (Tangedco) had filed a petition with the TNERC, seeking removal of the facility and change of banking period to the calendar year from the financial year. In a recent consultative paper, the TNERC said wind energy banking had remained a bone
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Is a Cash-Out Refinance a Good Idea?

If you own a home, you could consider a cash-out refinance loan. The mortgage refinancing option could allow you to get tens of thousands of dollars from your equity. As with any other significant financial decision, such as taking out student loans, there are important things to consider about the process
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A Group of Portland Tenants Ask the City to Save Them From a California Landlord

“We were pleased to read about the philanthropy and values of the new owner Mr. Kleinbub, and trust that had he known about the existence and purpose of the housing bond, and the extreme vulnerability of the existing tenants, he'd agree that the city should have been the party to purchase Holgate
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Goldman Sachs, Google Women March Ahead With Gender Bias Suits

The women of Wall Street got a boost Friday with a judge's ruling allowing a group of as many as 2,300 female employees of Goldman Sachs Group Inc. to pursue claims they didn't get paid or promoted like their male counterparts. The lawsuit dates back to 2010 when two women accused Goldman
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Small Business

First National Bank of Omaha has the resources and the experience to help you achieve your business goals. Let us support you wherever you are in your business journey with free checking and credit cards; financing and lending; business solutions and more.
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Champion International Paper (IP) Holdings Lifted by Verition Fund Management LLC

The institutional investor owned 8,576 shares of the basic materials company's stock after buying an additional 23,576 shares during the quarter. Verition Fund Management LLC's holdings in Champion International Paper were worth $497,000 at the end of the most recent quarter. A number of other
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Local bank votes to affiliate with Concord holding company

The Savings Bank of Walpole would become the fourth affiliate of New Hampshire Mutual Bancorp. The company has two other affiliated savings banks: Merrimack County Savings Bank, in Nashua and greater Concord, and Meredith Village Savings Bank, with locations in and around Laconia and
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Eschedor puts 43-year banking career in the vault

Following her 1974 graduation from Bowling Green High School, that September she joined the Huntington staff at what was then known as the University branch on East Wooster Street. From there she transferred to what was called the “Mini Bank” a small branch office next to the Bowling Green Police
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Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Capstead Mortgage (NYSE …

Capstead Mortgage logo Media headlines about Capstead Mortgage (NYSE:CMO) have been trending somewhat positive recently, Accern Sentiment reports. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of
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New study shows large home appreciation in Colorado Springs

New study shows large home appreciation in Colorado Springs

COLORADO SPRINGS, Colo. – Anyone who has bought or sold a home in the last five years knows how hot the housing market is. But a new study, done by real estate company Great Colorado Homes, is showing just how hot by looking at home values over the last five years. Andrew Fortune, owner of
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Insider Buying: Murray International Trust plc (LON:MYI) Insider Acquires £59750 in Stock

Murray International Trust logo Murray International Trust plc (LON:MYI) insider Kevin Carter purchased 5,000 shares of the business's stock in a transaction on Wednesday, March 21st. The shares were purchased at an average cost of GBX 1,195 ($16.51) per share, for a total transaction of £59,750
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M&A values in financial industry to surpass 2017 levels: Baker McKenzie

The global law firm said that M&A values in the Asia-Pacific's finance industry will rise 60 per cent to US$122.7 billion in 2018 compared to last year. The joint report with Oxford Economics added that the values of these deals are boosted by the world's five largest banks by assets – four Chinese and one
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BOHANON & CUROTT: It's time to unleash power of small banks

The banking system might finally get some relief from the burdensome overregulation that has hamstrung the economy for almost a decade. The Senate has approved a bill—called the Economic Growth, Regulatory Relief and Consumer Protection Act—that would ease restrictions on thousands of small
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Jeanette Mullis Naval, 92, dabbled in real estate with remarkable success

Jeanette was born July 14, 1925, in Alamo, Ga., the fifth of six children of the late James and Dollie Mullis. She was also preceded in death by her husband, Primo Naval; sister, Inez Strickland; and three brothers, Arnold Mullis, Thaxton Mullis and Sydney Lanier Mullis. Jeanette worked for National
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Sky, Mediaset Forge Italy Pay-TV Deal in Blow to Bollore's Plan

Rupert Murdoch's Sky Italia unit forged a surprise pay-TV alliance with Silvio Berlusconi's Mediaset SpA, dealing another potential blow to French billionaire Vincent Bollore's expansion in the country. Sky Italia and Mediaset announced a content and distribution deal late Friday that opens the way to
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Demolition in June to make way for Gilbert's Monroe Block project

A shortage of inventory and healthy demand is pushing up housing prices. On Tuesday, Standard & Poor's said that its S&P CoreLogic Case-Shiller national home price index climbed 6.2% in January from a year earlier on top of a 6.3% annual gain in December. A strong job market has given American
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Capstead Mortgage (CMO) Receiving Somewhat Positive Media Coverage, Analysis Finds

Capstead Mortgage logo News articles about Capstead Mortgage (NYSE:CMO) have trended somewhat positive this week, Accern Sentiment reports. The research group identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks
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Storage auctions are on the rise in Alaska, auctioneers say. In come the fortune hunters.

Jesse Alleva, of Grubstake Auction, sells off the contents of storage unit at Dimond Mini Storage in South Anchorage, Alaska on Saturday, March 24, 2018. (Bob Hallinen / ADN). Wait 1 second to continue. On a recent Saturday, Jami Norman scored big at her first storage auction, winning a widescreen
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Allen Tate moves up REAL Trends 500 rankings

1 in the Carolinas since REAL Trends 500 began publishing and we are so appreciative of each home buyer and seller that trusts and supports us, year after year,” said Pat Riley, CEO of Allen Tate Companies. “To be ranked in the top five independents and the top 10 real estate companies in the
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1774 Shares in Marriott International Inc (MAR) Acquired by Lombard Odier Asset Management …

A number of other institutional investors have also added to or reduced their stakes in the business. Baird Financial Group Inc. raised its stake in shares of Marriott International by 1.4% during the 4th quarter. Baird Financial Group Inc. now owns 27,074 shares of the company's stock worth $3,675,000
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DLD signs an e-Mortgage Agreement with Dubai Islamic Bank

Bin Humaidan said, “Our new e-mortgage agreement with DIB is aligned with our efforts to support Dubai's digital transformation and provide convenient transactions for all parties. We would like to express our gratitude to DIB's staff for their continued cooperation with us, and their support of DLD
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Local grad to compete on 'Wheel of Fortune' college week

A graduate of a local Catholic high school will be competing on “Wheel of Fortune” college week Monday. In 2016, Kathleen Capella graduated from Notre Dame High School in Bethlehem Township, and she is currently a sophomore at the University of Notre Dame, according to a news release from the
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California Public Employees Retirement System Buys 39441 Shares of China Yuchai International …

China Yuchai International logo California Public Employees Retirement System lifted its holdings in China Yuchai International Limited (NYSE:CYD) by 32.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 161,972
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Highstreet Asset Management Inc. Buys 62770 Shares of Honeywell International Inc. (HON)

Honeywell International logo Highstreet Asset Management Inc. grew its position in Honeywell International Inc. (NYSE:HON) by 68.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned
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Stephen P. Sarno Joins Connection as CFO

Connection also services international customers through its GlobalServe subsidiary, a global IT procurement and service management company. Investors and media can find more information about Connection at http://ir.pcconnection.com. Connection–Business Solutions (800-800-5555), (the original
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Total Income+ Real Estate Fund Announces 1Q Distribution at a 5.25% Annualized Distribution Rate

NEW YORK, March 29, 2018 /PRNewswire/ — Bluerock's Total Income+ Real Estate Fund (“TI+,” tickers: TIPRX, TIPPX, TIPWX, TIPLX) has paid a first quarter distribution of $0.3923 per share, or 1.31% for the quarter, based on the share price of $29.89 for shareholders of record as of March 28, 2018
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Property in La Baule offers discreet chic on France's west coast

Affluent Parisians dominate the second-home market in La Baule and at a time of historically low interest rates they are buying again. Property prices rose 4.5 per cent in 2017, boosted by an increase in international buyers, according to David Bilder of La Baule & Vous, an estate agency affiliated to
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When it comes to emojis, banks just ¯_(ツ)_/¯

It's easy to disregard emojis as cutesy cartoons. The idea of a or a decorating a list of transactions in a mobile bank app would likely seem ridiculous to many in financial services. And yet, people of all ages are using emojis to convey a tone, emotion, idea or word in digital chitchats with friends,
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Five London boroughs team up to invest in direct lending

Five London boroughs are allocating a total of £250m of their pension funds' investments to private debt, in a move that could spark interest from other local authorities. By Silas Brown; 29 Mar 2018. The boroughs of Ealing, Havering, Lambeth, Wandsworth and Merton have appointed Bfinance and JLT
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1 in 5 students used loan money for investing in cryptocurrency, study shows

1 in 5 students used loan money for investing in cryptocurrency, study shows

“There's been a ton of talk about cryptocurrency over the last year,” Walsh said, “mostly because of the massive run up in price.” … more uneducated people there are who decide to jump in the market on a whim, the greater the chances of a “bubble” bursting, similar to the housing market crash of 2008.
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Investment Banking Compensation: Salaries, Bonuses, Stubs, and More

Investment Banking Compensation: Numbers for Analysts through Managing Directors – Base Salaries, Year-End Bonuses, Stub Bonuses, Signing Bonuses, and More.
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Investors Title Plans Quarterly Dividend of $0.40 (NASDAQ:ITIC)

Investors Title logo Investors Title (NASDAQ:ITIC) announced a quarterly dividend on Tuesday, March 6th, Wall Street Journal reports. Shareholders of record on Tuesday, March 20th will be paid a dividend of 0.40 per share by the insurance provider on Friday, March 30th. This represents a $1.60
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Panattoni Development's Roberts a featured panelist at InterFace Las Vegas Industrial conference

… Vegas Industrial conference, hosted by the InterFace Conference Group and Western Real Estate Business. The conference is slated for Tuesday, April 24 in Las Vegas. Roberts is one of eleven people on the panel, made up of industrial general contractors, and will explore the latest trends in leasing,
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Worried by IDBI Bank's poor health, RBI writes to Finmin

In the budget for FY17, the government had announced the transformation of IDBI Bank along the lines of Axis Bank by lowering its stake to less than 50%. That plan has not made much progress. The Prime Minister's Office had even written a letter to the finance ministry last year seeking details of the
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DocMagic eVault Technology implemented by Deutsche Bank (DB)

DocMagic's eVault has been thoroughly vetted and officially approved by Fannie Mae, Freddie Mac, and MERS(r) to compliantly support eVaulting services. About DocMagic: DocMagic, Inc. is the leading provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions
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Mortgage Rates Unchanged Despite Market Improvements

Mortgage rates were generally unchanged today, although a few lenders offered slight improvements. This stands in contrast to the noticeable improvements in underlying bond markets. As we discussed yesterday, Treasury yields are leading the charge toward lower rates, and while the bonds that
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Lending a helping hand: AFAF kicks off

The Air Force Assistance Fund campaign kicked off Monday March 26, 2018 at Holloman Air Force Base and will continue through May 4, 2018. The AFAF is an annual effort to raise funds for charitable groups that provide support for Airmen and their families. “Our goal for AFAF 2018 is to raise $65,406
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The Real Deal's New York real estate showcase: A look at our CRE panel

We're just putting the finishing touches on the programming for The Real Deal's 11th annual New York Real Estate Showcase and Forum at the Metropolitan Pavilion in Chelsea on May 14. This year, we're excited to host RKF's Robert K. Futterman, Cushman Wakefield's Joanne Podell, JLL's Peter
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The Impact of Exogenous Demand Shock on the Housing Market

A sharp slowdown in the property sector of the People's Republic of China (PRC) could have a domino effect on the world economy, especially in emerging markets.
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Valley Family Fights to Save Home after Unexpected Foreclosure Letter

Records show the company has pending lawsuits in local and federal courts here in the Valley. Christy explains you should go to an attorney to have all documents reviewed. She says make sure you go through a title company so they can let you know if the person that's selling the property is the actual
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Currency Exchange

Currency, Buy, Sell. USD, 1.2420 · 1.2303. AED, 4.5615 · 4.5049. AMD, 594.9400 · 587.5586. AUD, 1.6205 · 1.6003. BYN, 2.4717 · 2.3745. CAD, 1.6040 · 1.5841. CHF, 1.1869 · 1.1722. CNY, 7.8143 · 7.7174. CZK, 25.6296 · 25.3116. DKK, 7.5084 · 7.4153. GBP, 0.8821 · 0.8689. GEL, 3.0082 · 2.9709.
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Senior citizens moving away from Hartford because of lack of senior housing

Hartford, S.D. – The housing market is booming in many places including Sioux Falls and Hartford, but even with that demand, many towns are still facing some challenges. Many seniors are still living independently, but taking care of a big home with snow and lawn care is just too much for them. A lack
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Commercial Real Estate Roundtable: Retail space top of mind for these industry experts

There are record numbers of tourists coming to Hawaii, but retailers are not seeing record sales. Landlords have been adjusting to a new landscape of lower rents and shorter leases, and medical uses are showing up in more shopping centers. Those are some of the trends in the retail real estate market
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Miami Marlins names Ocean Bank as official banking partner

Ocean Bank was named the official banking partner of the Miami Marlins, which includes major signage at Marlins Park, along with promotional rights. As part of the agreement, the Miami-based bank will have a 12-foot-by-35-foot sign on the park's retractable roof canopy, as well as a sign on the main
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Deutsche Bank Implements DocMagic eVault Technology for eMortgages

TORRANCE, Calif. /California Newswire/ — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that Deutsche Bank (NYSE:DB) has successfully implemented and is actively utilizing its proprietary
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Is It Time To Buy Syngene International Limited (NSE:SYNGENE)?

Syngene International Limited (NSEI:SYNGENE), a life sciences company based in India, saw significant share price volatility over the past couple of months on the NSEI, rising to the highs of ₹658.05 and falling to the lows of ₹544. This high level of volatility gives investors the opportunity to enter into
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Double Your Investment in Bitcoin – Without Even Actually Having to Buy

CoinJolt has launched an international cryptocurrency trust and it's an easy way for people to invest in Bitcoin without having to worry about securing it or figuring out how to buy it. Why not directly invest in Bitcoin itself? Why go through a managed trust as opposed to just using one of the exchanges?
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Banks Urged to Adhere to Lending Rules

Banks and other financial institutions have been advised to return to the fundamentals of lending in order to restore sanity and prevent incidences of bank distress. The President and Chairman in-Council, Chartered Institute of Bankers of Nigeria, Professor Segun Ajibola, made the appeal in Lagos
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Trump Is Willing to Reopen TTIP Amid EU-US Trade Dispute, Ross Says

President Donald Trump is willing to reopen negotiations with the European Union over the stalled Trans-Atlantic Trade and Investment Partnership agreement, which stalled following his election, according to U.S. Commerce Secretary Wilbur Ross. “He terminated the trans-Pacific deal; he didn't
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Why you don't need to spend a fortune on skincare

Why you don't need to spend a fortune on skincare

Beauty may only be skin deep, but it can also cut deep into your pockets. But investing in smart skincare doesn't necessarily mean you have to break the bank. According to U.S. Census data and Simmons National Consumer Survey, 1.35 million Americans spent $500 or more on skincare products over
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New Single State Real Estate Cadastre to be digitised by 2021

ASTANA – The Single (Unified) State Real Estate Cadastre (SSREC) will be drafted to collect data from all property objects and infrastructure in Kazakhstan. The draft will be completed using the merged information systems within the Digital Kazakhstan state programme, said Minister of Information and
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WB approves $145 million for affordable housing in Pakistan

“This project will spur the development of housing mortgage market in the country and make housing finance affordable and reachable to many Pakistanis,” said Illango Patchamuthu, World Bank Country Director for Pakistan. “The beneficiaries will include women and low-income groups through
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It's Time For The IRS To Help Small Businesses

A year ago, prior to one of the most important industry gatherings in lending, I was fortunate to be invited to a private dinner (along with several other CEOs in the small business lending industry) with Congressman Patrick McHenry and his staff. Congressman McHenry was slated to give a keynote
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Somewhat Favorable Press Coverage Somewhat Unlikely to Affect First American Financial (FAF …

First American Financial Corporation, through its subsidiaries, is engaged in the business of providing financial services. The Company operates through the title insurance and services segment, and specialty insurance segment. The title insurance and services segment provides title insurance, closing
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A Look at the February Decline in Building Permits

In February, the number of building permits issued was reported at ~1.3 million, a sharp decline of 5.7% from the January reading. This decline comes after a 7.2% increase in building permits, and most of the declines were in the volatile multiunit sector. You can read more about the February housing
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In the Spotlight with Marie Catch, Legal & General Mortgage Club

A major part of my role within the Mortgage Club is evolving the later life and buy-to-let propositions, making sure that we are supporting both lenders and intermediaries on a daily basis. For the intermediaries, this involves helping them to fulfil their growth strategies by making the most of all the
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Rethinking community banks' future

The conversation demonstrated for Cundiff yet again that customers want faster payments and faster, more convenient banking. “We're definitely in a period of transformation,” she says. “I'm very concerned about being able to offer them these new options,” says Cundiff. Like many community banks, First
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Southwest Florida real estate briefs

The Real Estate Investment Society (REIS) will meet on Tuesday, April 10 at 11:30 a.m. in the Osprey Room in Pelican Preserve Clubhouse on Treeline Avenue at Colonial Boulevard.The topic is Community Redevelopment by Leigh Scrabis, executive director of Fort Myers Community Redevelopment
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Dubai Land Department Signs an e-Mortgage Agreement with Dubai Islamic Bank

Dubai, United Arab Emirates: Dubai Land Department (DLD) has signed an e-mortgage agreement with Dubai Islamic Bank (DIB), which was signed by His Excellency Juma Bin Humaidan, Deputy Director General of DLD, and His Excellency Mohammed Abdulla Al Nahdi, Deputy Chief Executive
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Mayor of Senegal Capital Sentenced to Five Years for Fraud

A court in Senegal sentenced opposition leader Khalifa Sall, the mayor of the West African nation's capital Dakar, to five years in prison for fraud. Sall, who's been detained since last year, was convicted of swindling public funds and forgery, Malick Lamotte, the head of Dakar's correctional court, said
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California State Teachers Retirement System Buys 57621 Shares of Edison International (EIX)

The fund owned 651,645 shares of the utilities provider's stock after buying an additional 57,621 shares during the quarter. California State Teachers Retirement System owned approximately 0.20% of Edison International worth $41,210,000 as of its most recent filing with the Securities and Exchange
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Berkshire County Real Estate Transactions, March 12-16

Teresa M. Strandberg, individually and as Personal Rep. of the Estate of Alfred Kevin Cosgrove, and Daniel J. Cosgrove, Joseph Cosgrove, Michael P. Cosgrove, and William Cosgrove, heirs of the late Alfred Kevin Cosgrove, sold property at Sir Walter Court, Becket, to Teresa M. Strandberg, $10,000.
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Sonam Kapoor kicked about lending voice to animated character

The actress has reportedly also been approached to lend her voice for an animated character, which she is kicked about. A source from the production unit told Mid-Day, “It was … This is the first time Sonam will be lending her voice to an animated character.” Initially conceived as an animated series for a
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WILLIAM LAKO: Home equity loan interest could still be deductible

With so many questions surrounding this change, the IRS released guidance advising taxpayers that in some circumstances, they may be able to continue to deduct interest paid on home equity loans. Under the new law, interest on a home equity loan used to build an addition to an existing home is
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Bear Real Estate Advisors Founder Matt Bear to Moderate Panel at 16th Annual RealShare Net …

NEW YORK, March 29, 2018 /PRNewswire/ — Bear Real Estate Advisors announced today that its founder and CEO Matt Bear will moderate the Increasing the Inventory: 2018 Sector Developments panel at the 16th RealShare Net Lease Conference on Thursday, April 5, 2018 at the Park Lane Hotel in
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KeyBank to sell insurance unit to focus on core banking

KeyCorp in Cleveland has agreed to sell its Key Insurance & Benefits Services unit to USI Insurance Services. The $138 billion-asset company is selling the unit as part of an effort to focus on core banking services, E.J. Burke, co-president of Key Community Bank, said in a press release Thursday.
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Treasurer Perdue to seek assistance for banking problems tied to medical marijuana law

Banks have told the West Virginia Treasurer's Office they are “uncomfortable” and “unwilling” to process funds related to medical cannabis in the state because the drug is against federal law. Perdue released a statement Thursday saying he wants to send a letter to Mnuchin to ask for banking guidance
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CityViews: Government Can Close the Parole-to-Shelter Pipeline

Every year, 26000 people are released from prison on parole and come home to New York City, and many end up in shelters. Surely there's a better way. The Fortune Society's President and CEO, JoAnne Page, discusses an alternative – The Castle – in this op-ed.
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Barclays agrees to $2-billion settlement stemming from crisis-era toxic mortgage bonds

“The actions of Barclays and the two individual defendants resulted in enormous losses to the investors who purchased the residential mortgage-backed securities backed by defective loans,” Laura Wertheimer, the inspector general for the Federal Housing Finance Agency, said in a statement Thursday.
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Peter Munk, 90, Dies; Built World's Biggest Gold Mining Company

Peter Munk, 90, Dies; Built World's Biggest Gold Mining Company

When the Nazis occupied Hungary in 1944, Mr. Munk's grandfather Gabriel, a chocolate distributor and real estate investor, used most of the family fortune to secure train passage to Switzerland for 14 family members, including Mr. Munk and his father, Lajos. The trip was organized by the Hungarian
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First private moneylender registered with RMA

Almost a year since the implementation of the Private Money Lending Rule and Regulation of Bhutan 2016, the first private moneylender has registered with the Royal Monetary Authority (RMA). Tshering Penjor, 38, registered with the authority on March 20 this year. He also runs a handicraft business.
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It's a hot time to be in the housing market locally

It is no surprise that home prices in Marysville are on the rise. But how long can home prices continue to increase? Is there a looming price correction on the horizon? To answer those questions, let's take a look at what is happening around us. Among the four Puget Sound area counties, Snohomish had
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State treasurer to ask for guidance from US Treasury Secretary on banking solutions for medical …

“Our hope is to find a banking alternative similar to other states that have legalized medical marijuana, in an effort to move forward with offering this option to those who need it in West Virginia,” Perdue said in the release. “Once we have more facts, we may be able to solicit for a workable contract on
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Report: CBS Readies Viacom Merger Proposal

CBS is putting together a proposal to merge with Viacom that could be submitted within days, according to a report in Bloomberg News, putting in motion a process that would reunite the former corporate sisters after more than a decade apart. Viacom and CBS each hired advisers and appointed
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Veteran receives mortgage-free home after years of service

A veteran and his wife were given the keys to their new, mortgage-free home in Ash Flat Thursday morning. “This seems, it still seems like a dream really,” Army veteran Brad Dorman said. “It's like you won the lottery I guess.” Brad and his wife, Danielle, said they were filled with emotion when walking
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AllianzGI, StepStone team up on mid-market lending push

AllianzGI, StepStone team up on mid-market lending push. March 29, 2018; By Eamon Murphy … Allianz Global Investors and StepStone Group have announced the formation of a new lender to U.S. middle-market companies, AC Loan Sourcing. The portfolio is managed by AllianzGI's US Private Credit
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Mesa Adaptive MA In Focus for Freddie Mac 5.79 (FMCCK)

Freddie Mac 5.79 (FMCCK) are being closely watched by investors as the firm's Mesa Adaptive Moving Average (MAMA) has moved above the Fractional Adaptive Moving Average (FAMA), indicating that a potential upward move might be forthcoming. The MESA Adaptive Moving Average, which was
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Sessions Rejects Republican Calls for a Second Special Counsel

Attorney General Jeff Sessions rejected calls from Republican lawmakers for a second special counsel to look into potential misconduct by the Justice Department and the FBI in past investigations of Hillary Clinton, saying that the issues were already under scrutiny. In a letter to three Republican
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Facebook-Linked Marketer Plunges After Policy Shift

Facebook Inc.'s reckoning with its data-privacy practices has the company thinking of easy ways to make the site feel safer for users. One early casualty: Acxiom Corp. shares. Acxiom fell as much as 34 percent Thursday, its largest drop since 2001, after Facebook said it will no longer let advertisers use
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Huaneng Power International (HNP) Given Average Recommendation of “Hold” by Analysts

Huaneng Power International (NYSE:HNP) has earned a consensus rating of “Hold” from the ten ratings firms that are currently covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy
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Lenders report reduced mortgage demand in latest Fannie Mae survey

Demand for purchase mortgages was down for the first time in nearly four years to start off 2018, according to the latest Fannie Mae Mortgage Lender Sentiment Survey. Lenders also reported that demand for refinance mortgages remained low, with few expecting it to pick up in the second quarter of the
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Investment Banking Analyst Sydney, Australia 03/29/2018

Learn more about applying for Investment Banking Analyst at CITI.
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Sotheby's Brings Augmented Reality to Real Estate

Augmented reality is allowing buyers and brokers to “virtually stage” a room and fill it with furniture. Real estate brokerage Sotheby's has launched a new augmented reality app that allows buyers to instantly view the room in different furnished perspectives.
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Residential Real Estate Awards 2018: This is Houston's top large real estate team

A few years ago, HBJ introduced a special large teams list ranked by sales volume, and The Loken Group has held a top spot ever since — this year, claiming No. 1 position. Lance Loken leads the team of over 50 Realtors and associates. The team reported $449.62 million in sales, which is a 150
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Local malls are adapting to new shopping trends

… online shopping led by mega-retailer Amazon, is forcing brick-and-mortar malls to rethink themselves in order to grab a share of the consumer dollars and time that are being spent elsewhere. Some experts say the changes may even drive a difference in the way mall real estate business is conducted.
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Residential Real Estate Awards 2018: These are Houston's top Realtors

The agents honored in this year's Residential Real Estate Awards are the cream of the crop — those who sold the most in sales volume and conducted the most transactions in 2017. As in years past, we also honor Houston's top luxury sales agents. Congratulations to this year's top residential real
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Commercial real estate focuses on flex buildings

As commercial real estate projects sprout around the Rochester area, developers and builders offer mixed views of the future market for such properties. Commercial projects account for about 30 percent of the $200 million in business that DGA Builders LLC does in New York State annually, said Kevin
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Greenlighting Green Lending

Through its Green Advantage program, Freddie Mac recently financed improvements to a 28-year-old, 430-unit property in Texas—a state grappling with a severe water shortage. The water-saving refinements reduced costs by $500 per unit, slashed water usage by about five million gallons per year
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Procurement of Patriots on agenda of US-Turkey defense trade dialogue

Meanwhile, Foreign Ministry spokesman Hami Aksoy told reporters recently that Turkey approached the U.S. with the proposal of buying the Patriors, while Ankara also continues to hold talks with the Franco-Italian consortium Eurosam to buy missile defense systems. Meanwhile, Foreign Ministry
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