HSBC will pay $26.8 million to settle Mass. mortgage loan allegations

HSBC will pay $26.8 million to settle Mass. mortgage loan allegations

HSBC Securities has agreed to pay $26.8 million to settle allegations that the investment banking firm purchased and securitized residential mortgage
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Zillow stock plummets as company buys mortgage lender

Zillow shares fell sharply late Monday after the company announced plans to buy a national mortgage lender and reported second-quarter revenue
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Wells Fargo reveals mortgage loan modification error

Wells Fargo's mortgage woes continue with its newly disclosed mortgage loan modification error. The company revealed in a regulatory filing that the
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Cash Pile Swells at Buffett's Berkshire

… $111 billion, some investors are wondering when they might reap the benefits. Bloomberg's Katherine Chiglinsky has more on “Bloomberg Markets.
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Property website operator Zillow to start offering mortgages

Zillow, the operator of online real estate listings, signalled its intent to reshape the US homebuying market with plans to start issuing mortgage loans
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Asian Stocks Climb; Treasuries, Dollar Steady: Markets Wrap

Asian stocks rose Tuesday, though risk appetite remained subdued as earnings season continued. The dollar steadied and Treasuries were little
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While Music Streaming Sales Surge, Singers Still Get Paid a Song

Creating music pays a little. Marketing it pays a lot. Musicians received just 12 percent of the $43 billion in sales generated from their work in the U.S.
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How to Buy a Car in Spain

To help you out, we've put together this guide to purchasing a vehicle in … Spain is the eighth largest producer of motor vehicles in the world and the
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CHICAGO TRUST Co NA Buys 9348 Shares of Philip Morris International Inc. (PM)

CHICAGO TRUST Co NA lifted its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 27.7% in the 2nd quarter, according to its most
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Greystone goes on a hiring tear

Commercial real estate company Greystone is on a nationwide hiring tear as it expands its presence in response to increased demand for CRE loans
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FHFA caves to industry requests, extends comment period for proposed GSE capital rule

Back in June, the Federal Housing Finance Agency proposed a new rule on Fannie Mae and Freddie Mac's capital requirements, opening the rule up
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Who Are The Largest Shareholders In SigmaTron International Inc (NASDAQ:SGMA)?

Today, I will be analyzing SigmaTron International Inc's (NASDAQ:SGMA) … Insider buying may be a sign of upbeat future expectations, however,
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Keppel Buying 50% Stake in US Senior Living Provider for $77.3M

In March 2018, Fosun International did buy 5.11 percent of Brookdale Senior Living for $65 million. The transaction came after Zhonghong Zhuoye
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CalHFA Gets an A+ From S&P Global Ratings

SACRAMENTO, Calif.–(BUSINESS WIRE)–Continuing the California Housing Financing Agency's impressive five-year turnaround in the area of
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New workforce housing model generates 25% internal return rate

Urban Pacific Group has a workforce housing construction model that it claims is able to generate 25% internal rates of return over an 18-month to
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Local teams help drive $39B in national sales with commitment to service

Over the past 10 years, Auction.com's brand has become synonymous with digital innovation and client service in the real estate industry.
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DnB Asset Management AS Buys Shares of 23797 Expeditors International of Washington …

DnB Asset Management AS bought a new position in shares of Expeditors International of Washington (NASDAQ:EXPD) during the second quarter,
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Where can I buy OnePlus if I'm in Australia?

Here's everything you need to know about OnePlus and about buying a … Buying an unlocked smartphone from overseas (sometimes called a
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Stock for Low Risk Taking Investors: Mondelez International (MDLZ)

Mondelez International is a part of Consumer Goods sector and belongs to Confectioners industry. The recent session has given its stock price a
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Concierge Auctions Celebrates A Decade Of Success As The Leading Marketplace To Buy And …

In 2016, Concierge debuted digital bidding, which allows buyers to bid in real-time via their mobile device from anywhere in the world and, to date, has
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HSBC agrees to $765 million settlement with DOJ over pre-crisis mortgages

HSBC agrees to $765 million settlement with DOJ over pre-crisis mortgages

HSBC is on the verge of paying a $765 million fine to settle allegations into its mortgage bond activities in the run-up to the housing crisis.
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Blackhill Capital Inc Buys Canadian Tire Corp, Facebook Inc, Sells Philip Morris International Inc …

For the details of BLACKHILL CAPITAL INC's stock buys and sells, go to … Blackhill Capital Inc reduced to a holding in Philip Morris International Inc
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Oceaneering International (NYSE:OII) Upgraded to “Buy” by Gabelli

Gabelli upgraded shares of Oceaneering International (NYSE:OII) from a hold rating to a buy rating in a research report report published on Monday,
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The Hawaiki cable is going to change the internet game in NZ – here's how

Dick says the monopoly that internet service providers faced for decades in buying international capacity led to less-than-ideal cost-cutting moves.
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Spruce raises $15.6M to disrupt title industry

New York-based real estate tech startup Spruce raised $15.6 million in new venture capital to expand its national footprint and platform.
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The Funding Longevity Task Force wants YOU… to know about reverse mortgages

The Task Force advances the cause by publishing content about the role housing wealth can play in retirement, promoting research illustrating the
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Americans say buying a home is most stressful event in modern life

It's no secret that buying a home can be a complicated and even confusing process – and now one survey showed just how stressful Americans say
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Stock for High Risk Taking Investors: Titan International (TWI)

After the giving short look at one day return of Titan International it is observed that TWI reported down return of -29.64% in last trading session.
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American Airlines flier removed from flight despite buying separate seat for her cello

Tang, via Facebook, wrote that Hu arrived to Miami International “3 hours ahead, checked in her luggage, went through security check, and boarded
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America's Top Homeless Expert Says Fresno Is on Right Track

Permanent supportive housing has been built and there is a partnership between the (Fresno) Housing Authority and (Fresno County) Behavioral
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Nationstar plans to liquidate large HECM bond pool

The deal is highly rated for a pool of inactive reverse mortgages, due mainly to the expectation that the loans will be covered by the Federal Housing
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Fishman Jay A Ltd Buys Honeywell International Inc, General Motors Co, Macquarie Infrastructure …

Investment company Fishman Jay A Ltd buys Honeywell International Inc, General Motors Co, Macquarie Infrastructure Corp, Suncor Energy Inc, sells
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Egypt property market investment interest grows as International Property Show Egypt nears

Egyptian expatriates whose income abroad can be translated to higher buying capacity in Egypt are also heavily investing in their country with a
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Buying groups prepare for International Jewellery Fair

The Sydney Fair is the jewellery industry's pinnacle event providing a chance for buying groups to consult with members and ensure another year of
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Blend unveils expansion into homeowners' insurance space

Blend has been busy the past few years with its new innovations, and has even been named a HousingWire Tech100 winner every year since 2015.
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Insider Buys Of The Week: Energen, Seagate, International Flavors And More

Conventional wisdom says insiders and 10 percent owners really only buy shares of a company for one reason — they believe the stock price will rise
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HELOC or HECM, what's your choice?

A substantial number of homeowners looking to access their equity choose a Home Equity Line of Credit, but for some homeowners a Home Equity
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USRES and RES.NET's Angela Hurst Named to HousingWire's 2018 Women of Influence List

For the eighth year HousingWire has recognized 85 women leading the mortgage and housing industry forward. They represent a variety of
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Golf and business: A classic combo for a charitable cause

Colorful polo shirts abound as players lined up for Ellie Mae's Community Pro-Am, sponsored by HousingWire, where teams of three industry
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Jin Jiang named potential bidder for Radisson Hotel Group

HNA built an empire worth an estimated $230 billion in assets on a foreign buying spree that saw it diversify into tourism and hospitality via major
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MoviePass's Latest Subscriber Restrictions Help Fuel Stock Rally

MoviePass's Latest Subscriber Restrictions Help Fuel Stock Rally

MoviePass Inc. customers may grumble about the latest restrictions on the popular app, but investors are cheering. The embattled moviegoing service
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Saudi Blowback Over Women's Rights Gives Trudeau a Boost

Messages seeking comment sent to Irving, Bunge and G3 weren't immediately returned. Markets were closed Monday for a holiday across most of
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Mueller Gets 'Firewall' for US-Secrets Review in a Russia Case

The U.S. judge overseeing Special Counsel Robert Mueller's criminal case against Russians accused of interfering in the 2016 election agreed to
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Zillow Stock Plunges After It Says It's Buying an Online Mortgage Lender

Zillow Group saw its stock plunge nearly 20% late Monday after announcing it would move into the online mortgage sector, while also warning that its
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US Says Judge in AT&T Merger Ruling Ignored 'Common Sense'

U.S. antitrust officials outlined their arguments for why a judge's ruling approving AT&T Inc.'s takeover of Time Warner Inc. should be reversed, saying
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AG Mortgage Investment Trust Inc.: AG Mortgage Investment Trust, Inc. Reports Second Quarter …

6, 2018– AG Mortgage Investment Trust, Inc. ('MITT' or the 'Company') (NYSE: MITT) today reported financial results for the quarter-ended June 30,
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Zillow buys a mortgage lender, but investors aren't impressed

The initial reaction after Zillow released its most recent quarterly results on Monday was fairly negative, but the stock seems to have evened out and
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Conspiracy Theorist Alex Jones Booted From YouTube, Other Online Services

Facebook Inc. and YouTube pulled Alex Jones from their services on Monday after concluding the conspiracy theorist's posts violated their policies.
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AG Mortgage Investment Trust, Inc. Reports Second Quarter 2018 Results

NEW YORK–(BUSINESS WIRE)–AG Mortgage Investment Trust, Inc. (“MITT” or the “Company”) (NYSE: MITT) today reported financial results for the
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SoftBank Weighs the Largest Public Listing Ever

SoftBank Weighs the Largest Public Listing Ever

SoftBank Group Corp. is considering seeking a valuation of about $90 billion for its domestic wireless business in a planned initial public offering,
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Bay Area Real Estate Leaders Among Five Killed In Santa Ana Plane Crash

Four members of the Bay Area real estate community were among the five people who lost their lives Sunday in a plane crash at a Staples parking lot
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Turns Out Things Sometimes Do Matter in the Trump Era

Mark Gongloff is an editor with Bloomberg Opinion. He previously was a managing editor of Fortune.com, ran the Huffington Post's business and
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KKR Real Estate: 2Q Earnings Snapshot

KKR Real Estate shares have risen slightly more than 3 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit
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Facebook Shares Rise on Optimism for Banking Relationships

Facebook Inc.'s shares rose on optimism that the company is forging deeper relationships with banks to offer customer-service products via its
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Linde Said to Consider More US Asset Sales for Praxair Deal

… according to people familiar with matter. Bloomberg's Oliver Sachgau reports on “Bloomberg Markets: European Close.” (Source: Bloomberg)
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Zillow acquires Mortgage Lenders of America, posts $325M in Q2 revenue, up 22%

Zillow Group is acquiring Mortgage Lenders of America in its quest to own more of the home buying process. The Seattle real estate juggernaut
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Zillow acquires one of KC's fastest-growing companies

Mortgage Lenders of America LLC, one of the Kansas City area's fastest-growing companies in 2018, reached an agreement to be acquired by Zillow
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Trump's Russia Admission Is No Mere Scandal. It's a Betrayal.

In my view, it was reasonable for President Trump to say that as a matter of principle, professional athletes ought to show respect for the American flag
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Connecticut Real Estate Today: What Attorneys Need To Know

Years ago, the real estate market in our state not only flourished but was successful on many different fronts: commercial as well as residential, urban
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Zillow to Buy Mortgage Lender to Help With Its Home Flipping

The home-listings website operator is acquiring Mortgage Lenders of America, an Overland Park, Kansas-based lender, Zillow said in a statement
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Here are the top 5 buy and sell markets for multifamily real estate

Right now, the multifamily market is strong nationwide, but according to Ten-X Commercial, there will be a downturn in the next three years. Ten-X
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The last domino: Zillow is getting into the mortgage business

To power the expansion into mortgages, Zillow is buying Mortgage Lenders of America, a national mortgage lender located in in Overland Park,
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NJ Transit Set for Record Budget Raid That Murphy Called Harmful

New Jersey Transit is set to approve the biggest raid on its capital budget in history to fund day-to-day operations even after Governor Phil Murphy
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KSL Capital Inks $340M CMBS Refi on Monarch Beach Resort in Socal

KSL Capital Inks $340M CMBS Refi on Monarch Beach Resort in Socal

The lending comprises two pieces of two-year debt with five one-year extension options. The debt is split among a $238 million mortgage loan jointly
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Zillow to acquire Mortgage Lenders of America, streamline buying through Zillow Offers

Zillow announced an agreement on Monday to acquire the Kansas-based online direct mortgage lending company Mortgage Lenders of America in a
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Zillow enters the mortgage business by purchasing a lender

Zillow Group is moving from being a mortgage marketer to originating loans with its acquisition of Mortgage Lenders of America, in an effort to support
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Zillow Acquires Mortgage Lenders of America

Zillow Group Inc. has taken a full plunge into the mortgage market with the acquisition of Mortgage Lenders of America, a national lender
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Trump Restores Iran Sanctions as Rouhani Feels Economic Pressure

The Trump administration moved to restore some U.S. sanctions on Iran and reaffirmed plans to impose tougher penalties on the country's oil sales in
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Zillow to acquire Mortgage Lenders of America for undisclosed sum

Zillow Group Inc. ZG, +1.29% said late Monday that it is acquiring Mortgage Lenders of America. The company did not disclose the price. Zillow said
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Zillow gets into the mortgage business, acquires Mortgage Lenders of America

Zillow, the publicly traded real estate portal and lead generation service, has acquired Mortgage Lenders of America. This is Zillow's first move into
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Three employees of real estate company, two family members killed in California plane crash

Three employees of a real estate company and two of their loved ones were identified as victims of Sunday's horrific plane crash near a Southern
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Easing Continues on Business, Residential Mortgage Loans

In the previous quarter, banks kept terms and standards for business loans unchanged or eased them slightly, while tightening slightly on commercial
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NJ Transit Nightmare Spills Into Second Week

New Jersey Transit scratched at least four outbound evening rush-hour trains in Hoboken and Manhattan, promising to aggravate a Monday commute
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ACORE Provides $42M Acquisition Loan for Florida Multifamily Property

ACORE Capital provided the five-year financing, which comprises a first mortgage plus a mezzanine loan. The deal closed July 23. The Nolen is
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JRS: An Interesting Real Estate Income Play

JRS aims to generate a high income for its owners by investing in a portfolio of American real estate securities. The fund owns both common equity
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Value Stocks Are Breaking Out. Hooray?

For many years, debt and deficits hardly mattered to markets — at least … the first production deficit in six seasons, according to Bloomberg News.
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The Growth of Non-agency Loan Originations

Everyone is talking about the growing non-agency/non-qualified mortgage (QM) market. While non-QM loans currently represent approximately 3
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Rick Gates Says He Committed Crimes with Paul Manafort, Former Trump Campaign Manager

Paul Manafort's former business partner Rick Gates testified today that he committed crimes with Manafort. The testimony came in a trial that started
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Tornadoes Are Ripping Through the Northeast

Start with summer heat, add a dash of humidity and a misbehaving jet stream and suddenly the Northeast is the new Tornado Alley. At least five
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Mortgage computer bug costs families their homes

In fact, in the same week that the computer bug was revealed, the bank agreed to pay a $2.1 billion fine for issuing mortgage loans it knew contained
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Zillow tanks after acquisition of mortgage lender, revenue miss

Shares of online home sales site Zillow are tanking after hours Monday after the company announced revenue that was shy of expectation and plans
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Zillow Group to Acquire Mortgage Lenders of America

The acquisition of Mortgage Lenders of America will allow Zillow Group to streamline and shorten the home-buying process for consumers who
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Zillow tumbles amid low guidance; will acquire mortgage lender

Zillow Group is sliding postmarket (Z -16%, ZG -15.4%) after guiding lower in Q2 earnings, alongside the news that it's acquiring a mortgage lender,
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Commercial development will change the neglected look of riverfront

Commercial development will change the neglected look of riverfront

The commercial real estate market has been slower to recover from the Great Recession than the residential market, which is typical, according to
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How Some Pesky Bacteria In Your Gut May Be Messing Up Your Weight Loss Diet

Scientists are increasingly peering into the world of the microbiome—i.e., the amalgam of microorganisms such as bacteria that make up the human
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PepsiCo's Indra Nooyi Is 'Concerned' Her Departure Will Leave So Few Female CEOs

Nooyi's departure in two months will further diminish the already small group of female Fortune 500 CEOs—she is one of just 25—and the even more
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Chance meeting leads to change of fortune for homeless vet

Nicole Banks and her son, Rohan Ghala, 11, stand with Jim Stewart in front of the 2007 Honda Element that was bought for him through a fundraising
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Why AMD Raised the Top Price on Its Updated Threadripper Chip

Why AMD Raised the Top Price on Its Updated Threadripper Chip

Advanced Micro Devices is in the midst of introducing its second generation of processors based on its high-performance Ryzen design. And this year
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Jack Daniel's Introduces New 'Bottled-in-Bond' Whiskey

Jack Daniel's has a new 100-proof version of its iconic whiskey that honors the Bottled-in-Bond Act, which set standards for the industry at the end of
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Coinbase Poaches AWS Exec to Lead Engineering

Cryptocurrency giant Coinbase announced on Monday it has hired Tim Wagner, a veteran of Amazon Web Services, to be its vice president of
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Seinfeld's Jason Alexander Is the New Colonel Sanders

KFC has a new colonel: Jason Alexander, the actor who played George Costanza in the hit sitcom, Seinfeld. Alexander is the latest in a string of
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Fortune

Posted August 6, 2018 at 07:08 am. Discuss this comic in the forum. TOMORROW. Posted August 5, 2018 at 11:07 am. Stay tuned, civics dorks!
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Pepsi's Indra Nooyi To Step Down, Continuing Dip In Female Fortune 500 CEOs

She is one of about two dozen women at the helm of Fortune 500 companies, a number that has dropped by about 20 percent, according to Catalyst,
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Rudy Giuliani Criticizes Chicago Mayor After Weekend of Violence

Rudy Giuliani slammed Chicago leadership, saying a surge of shootings over the weekend is a “direct result of one party Democratic rule for decades.
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PepsiCo Chief Indra Nooyi Is Stepping Down But These Fortune 500 Companies Still Have …

Nooyi's decision to move on reduces by one the already small list of female Fortune 500 CEOs. In 2018, there were just 24 women among America's
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Developers sue lender over failed Collin Creek Mall deal

The real estate companies in a civil suit filed in Dallas district county accuse Frontier State Bank and its representatives of changing the terms of the
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Aetna President: Why Health Care Is Moving Beyond the Physical Body

Do you want to know what the future of your health looks like? Start with your zip code. Believe it or not, where a person lives is a better indicator of
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Schroder appoints Hubbard to head up real estate capital

In the new role, he will focus on raising capital for Schroder's real estate funds and joint ventures. He will also lead Schroders' teams responsible for
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The resignation of PepsiCo CEO Indra Nooyi adds to a growing list of female leaders leaving …

After Nooyi's departure, there will be just 23 female CEOs leading Fortune 500 companies, making up less than 5% of all CEOs at Fortune 500
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Too many people, not enough homes? The real estate market is changing

Coldwell Bank Realtor Deb Fries says, “definitely get a realtor that you're comfortable working with. And, they can line you up and let you know the
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PepsiCo's Indra Nooyi latest high-profile female CEO to exit

PURCHASE, N.Y. (AP) — With Indra Nooyi exiting PepsiCo as its longtime chief executive, the circle of CEOs in the Fortune 500 is losing one of its
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Vail native Broby Leeds transforming from ski ninja to real estate ninja

Broker Associate Broby Leeds, a former halfpipe skier and all around adrenaline junkie, is exploring the world of real estate sales using an insight h.
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A new Katie Price sex tape 'wouldn't make enough money to cover her monthly mortgage'

But while Kim Kardashian continues to make millions a year from her video with ex Ray J, industry experts say the world of adult entertainment won't
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Grand County real estate transactions, from July 29-Aug.4

Grand County real estate transactions, from July 29-Aug.4

Transactions from July 29-Aug. 4, 2018. Ice Box Estates 1st Subdivision Lot 10 – Leslie Cummings to Scott and Toni Hallgren, $335,000. Sterling
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HSBC profit gets a lift from retail banking

HONG KONG–HSBC Holdings PLC 0005 said first-half net profit rose 2.4% from a year earlier thanks to fees from money-management services,
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Subservicer Product; Conv. Conforming Changes From Lenders and Investors

As a result, the broader policy conversation has shifted from a consideration of remaking the mortgage finance system to an acceptance that a
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Banking royal commission: NAB feared exodus of super clients

NATIONAL Australia Bank feared it would suffer an exodus of superannuation customers if it axed lucrative commissions for financial advisers who
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Currency controls impact Chinese buyers' interest in Seattle housing: Real estate expert

Skylar Olsen, Zillow Director of Economic Research, and Stephen Saunders, Coldwell Banker BAIN managing broker, join the 'Power Lunch' team to
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Facebook climbs after reportedly asking banks for data to help build out financial products

Facebook has reportedly asked large banks for customer data to offer more financial services, The Wall Street Journal reported Monday. Shares of
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Israel: Central Bank Announces Project for Regulating API Standards for Open Banking

On August 6, 2018, the Bank of Israel launched a public consultation on the beginning of a project to regulate an API standard for open banking in the
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New FDIC Leader Joins Push to Re-Evaluate Banking Rulebook

WASHINGTON—Washington's newest senior bank regulator is turning her agency's agenda in the direction of policies being proposed by other
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In real estate's tech platform race, I'm betting on an underdog

Maybe Cloud CMA will take off like the new viral Shiggy dance that propelled Drake's new “In My Feellings” music video. I would dance the Shiggy to
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PepsiCo Shares Climbing Following News of New Chief Executive

A CEO shakeup at PepsiCo has been well-received on Wall Street. PepsiCo shares are up 1.5% to $118.15 in early trading on Monday. The jump
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Fortune 500 firm exec joins Leggett & Platt board

Fortune 500 firm exec joins Leggett & Platt board. sbj-staff headshot BY: SBJ Staffsbj@sbj.net. Posted 8/6/18. Srikanth Padmanabhan of Cummins Inc.
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raceAhead: Beyoncé K. Carter, Inclusion Expert

Beyonce is breaking new ground today, as both the cover subject and creative force behind Vogue's September issue. The pictures are wonderful,
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Facebook's Plan to Partner With Banks Raises Privacy Concerns

Gennie Gebhart, a Researcher at the Electronic Frontier Foundation, a digital civil liberties organization, told Fortune that this push to change user
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These are the Fortune 500 companies that call Philadelphia home

Fred Hand, Chief Customer officer Burlington Stores, cutting the ribbon, and David Coder, Executive Vice President of Stores, right of man cutting
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On the Anniversary of the Bombing of Hiroshima, Take a Look at Where Nuclear Disarmament …

Monday marks the 73rd anniversary of the bombing of Hiroshima. In the world's first use of the atomic bomb, 90% of the Japanese city was destroyed
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A Porsche Station Wagon: The Ultimate Daily Driver?

Acknowledging that most miles done in this vehicle will be racked up commuting, I took the Panamera out during rush hour for a drive to Fortune's
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Inexpensive do-it-yourself wills could cost fortune

Jennifer had grown up having to watch her pennies and had maintained her thrifty ways, even after she and her husband, Bill, were making excellent
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Sen. Rand Paul Says Russia Delegation Has Accepted an Invite to Washington

Sen. Rand Paul (R-KY) met with Russian officials in Moscow on Monday, securing an agreement for a Russian delegation to visit the United States.
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Ferrero Wants You to Move to Italy and Eat Nutella

If you love Nutella, there's a pretty sweet job opening for you in Italy. Ferrero, the company that makes Nutella, is recruiting “sensory judges” who will
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California's Carr Fire Was Bad. The Mendocino Complex Fire Is Worse

Another major wildfire is tearing through California and it's growing at a phenomenal pace. The Mendocino Complex Fire jumped creeks, firelines and
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Banking royal commission: superannuation jargon jungle does little for members

Banking royal commission: superannuation jargon jungle does little for members

The phrase that may have summed up day one of the royal commission's round on superannuation came from counsel assisting Michael Hodge QC: “I
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Facebook might add your banking info to Messenger (update)

Facebook wants to incorporate your banking info into Messenger and has approached companies like JPMorgan Chase, Wells Fargo, Citigroup and
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Ujjivan Small Finance Bank to retire Rs 2000 crore high cost debt to boost profit

Ujjivan Small Finance Bank is planning to retire its entire gamut of high cost borrowing in the next 12 months to lower cost of funds while the general
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Trump Loses a Battle in His War on Truth

Francis Wilkinson writes editorials on politics and U.S. domestic policy for Bloomberg Opinion. He was executive editor of the Week. He was
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Super trustees have been left unchecked 'with our money'

IT'S an industry where thousands of dollars of your money is tied up. And the conduct of the people investing it is completely unchecked. Megan Neil
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3 Danville real estate agents among 5 killed in Southern California plane crash

SANTA ANA — Witnesses watched in horror as a small plane banked low in sunny skies over a Southern California shopping center and then
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Vietnam court jails 46 bankers, execs for loan scheme

Hanoi (AFP) – A court in Vietnam convicted 46 former bankers and businessmen of corruption on Monday over a multi-million-dollar lending scam
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Where's my bonus? Private bank CEOs still waiting for their payouts

Stress in the Indian banking sector is also weighing on top management salaries. Chief executive officers (CEOs) of private banks are still waiting to
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Facebook has asked big US banks to share customer data so it can offer services: WSJ

Facebook Inc. FB, +1.84% has asked big U.S. banks to share financial information on their customers that includes checking account balances and
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Crypto Pumps Are Just for Fun

“Cryptocurrency exchanges are unregulated markets, so the kind of market manipulation banned on, say, the New York Stock Exchange can
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Sensex, Nifty scale new records, banking, telecom stocks lead

Mumbai, Aug 6 () Market benchmark Sensex and Nifty today advanced up to 0.36 per cent to close at fresh record levels largely on the back of gains in
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D-Street Buzz: Banking stocks gain with SBI, ICICI Bank up 2-3%; JP Power zooms, Whirlpool hits …

Moneycontrol News. The Indian market hit fresh record highs in morning trade with Sensex rallying over 200 points to hit a record high of 37,791 while
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Danske's Legal Woes Grow as Denmark Opens Money Laundering Probe

Danske Bank A/S's legal jeopardy is deepening. Prosecutors in Denmark said on Monday they had opened a criminal investigation into the bank,
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Schroders hires head of real estate capital

Robin Hubbard was named head of real estate capital at Schroder Real Estate Investment Management, a spokeswoman said. The position is new.
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Facebook to Banks: Give Us Your Data, We'll Give You Our Users

Facebook has told banks that the additional customer information could be used to offer services that might entice users to spend more time on
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Turns out superannuation is a money-making dark art

Submissions to the royal commission that related to superannuation were a fraction of those that dealt with banking. The public far better understands
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Steyn banking on experience for one last tilt at World Cup

Dale Steyn is determined to make next year's World Cup his limited overs swansong and thinks his experience could make a big difference to South
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Indonesia Returns Superyacht at Center of Malaysia's 1MDB Probe

Kuala Lumpur, Malaysia (AP) — Malaysian Prime Minister Mahathir Mohamad said Monday that Indonesia has handed over a luxury yacht allegedly
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CMB's private banking unit posts record growth in assets

China Merchants Bank (CMB) Private Banking's assets under management have reached a new record and exceeded two trillion yuan ($292.79
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Vietnam jails former bankers in graft crackdown

HANOI (Reuters) – A court in Vietnam handed lengthy prison terms on Monday to several former bankers accused of mismanagement, amid a
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