Apple Music's Jimmy Iovine Plans Departure in August

Apple Music's Jimmy Iovine Plans Departure in August

Jimmy Iovine, leader of Apple Inc.'s music-streaming service, is planning to part ways with the company in August after receiving a final payout from the $3 billion Beats Electronics deal, according to a person familiar with the matter. Iovine, 64, is unlikely to stay even if he gets a new offer, said the person,
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Mortgage Banker

First Citizens Bank has a career opportunity for a Mortgage Banker in Charlottesville, VA.
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Real estate investor plans West Loop redevelopment

A local real estate investor is placing a bet on two trends in the downtown office market: the popularity of the West Loop and renovated old buildings. Following a spate of developers that have turned old West Loop warehouses and industrial buildings into trendy nontraditional offices, Chicago
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United States: Ohio Consolidates Its Mortgage Finance Licensing Laws Into A New Residential …

On December 22, 2017, Ohio Governor Kasich signed into law Ohio House Bill 199, which will make significant changes in how the state will license and regulate mortgage lenders and brokers. The bill takes effect 91 days after filing with the Ohio Secretary of State (which filing had not been made as of
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Malware on Android affects 232 banking apps, including HDFC, ICICI and Axis banks

In India, Quick Heal identified the list of banks whose apps have been affected by Android.banker.A2f8a. This includes mobile banking apps of Axis Bank, HDFC Bank (regular and LITE versions), SBI Anywhere Personal, iMobile by ICICI Bank, IDBI Bank (Go Mobile and Go Mobile+) and Union Bank.
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Trends in pension funded status for state and local plans

Local plans tended to have higher returns than state plans, which the study says could be due in part to their lower allocation to alternative investments such as private equity, hedge funds, real estate and commodities. Currently there's a 6 percent differential between state and local plans' allocations to
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Digital Finance and Marketplace Lending Year in Review

2017 was a banner year for digital finance, as cryptocurrency made headlines, the SEC cracked down on ICOs, alternative lenders broadened their portfolios and the industry entered the mainstream. Below, we count down the top five takeaways in digital finance and marketplace lending.
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Settlement with mortgage firm for questionable foreclosure practices may affect 300 NH residents

Around 300 Granite Staters may be in line for some money now that New Hampshire has joined most other states in a legal settlement with PHH Mortgage Co. over questionable home mortgage foreclosure practices during the Great Recession. The settlement is similar in approach if not size to the
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Mondelez International (MDLZ) Rating Increased to Buy at Zacks Investment Research

Mondelez International logo Mondelez International (NASDAQ:MDLZ) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued to investors on Thursday. The brokerage presently has a $48.00 target price on the stock. Zacks Investment Research's price
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Ripple Slides After Coinbase Says Not Adding New Crypto Coins

Ripple, the white-hot crypto currency that more than doubled in the past week, plunged as much as 20 percent after Coinbase said it's not adding any new coins to its exchange at this time. Ripple fell to as low as $2.65 after reaching an all-time high of $3.30 earlier Thursday. The coin was down 1.1
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States Settle With Mortgage Servicer PHH for $45M

WASHINGTON (CN) – Accused of hurting borrowers in the 2008 financial crisis, PHH Mortgage reached a $45 million federal settlement Wednesday with 49 states and the District of Columbia. Based in Mount Laurel, New Jersey, PHH made no admission of liability or wrongdoing in signing the deal.
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Government, Health Services at Risk From Intel Chip Weakness

Amazon.com Inc., the biggest cloud-computing provider, previously said most of its affected AWS servers have already been secured. Microsoft said the majority of its Azure cloud infrastructure has been updated with the fix and most customers won't see a noticeable slowdown with the update.
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Philadelphia Capital Markets & Real Estate Finance

Join us as we dive deep into Philly's capital market trends and real estate finance. Participate in the discussion on Twitter by using hashtag #BisnowPhilly and follow @BisnowPHILA! For questions, recommendations, comments, or press inquiries please email our Philadelphia event producer, James
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Ellen Fitzsimmons joins SunTrust Banks general counsel, corporate EVP

SunTrust Banks have announced the appointment of Ellen Fitzsimmons as its general counsel and corporate executive vice president. She is succeeding current general counsel Raymond Fortin, who is retiring after a 40-year career. Effective next week on January 8, Fitzsimmons will oversee all legal
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Assurant Names Scott McGregor Managing Director of American Title

“Scott has a proven track record of leading teams to operational excellence while maintaining a strong client-centric approach,” said Dan Hoppes, Senior Vice President of Mortgage Solutions for Assurant. “His ability to successfully collaborate at all levels makes him the right leader for ATI, and I am
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'Melt-up' coinage could signal last hurrah for US stock market

He dodged the end-of-the-century dotcom bubble and the 2007-09 blowup in the US housing market – two of the best calls anybody could have made in the past 20 years. Grantham's default setting, as you would expect, tends to be bearish, or at least cautious. If he's talking melt-up, that's newsworthy.
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UBS predicts 'serious resurgence' of European banking M&A

Greater clarity on capital requirement rules for European banks and costs inflicted by bad loan books could spark a “serious resurgence” of takeover activity in the sector this year, according to analysts at UBS. A research note, published today, looked at banking as a complete sector, including retail and
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Project Manager – Retail Banking Software

Salary: £50000 – £65000 per annum, Benefits: Bonus + Bens , Job Type: Permanent, Duration: Permanent job, Start Date: 2018-02-05 – Apply Now for Project Manager – Retail Banking Software vacancy.
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Is Buying Baxter International Inc. (BAX) Here a Winning Strategy?

Investors sentiment increased to 0.97 in 2017 Q3. Its up 0.05, from 0.92 in 2017Q2. It increased, as 38 investors sold Baxter International Inc. shares while 300 reduced holdings. 76 funds opened positions while 253 raised stakes. 439.80 million shares or 0.96% less from 444.08 million shares in
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PSEA

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