Finance sector experience is now âa nice-to-have, not a perquisiteâ for working in banking technology, says the man tasked with expanding Societe Generale's tech team in Hong Kong next year. âBanks are competing for the same talent pool and it's become more difficult to find technologists who also
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According to Nationwide's latest Health of Housing Markets Report, homeowners in these metro markets are more likely to be underwater in their mortgages. The report noted the national share of mortgages that have negative equity is near 5 percent, and that number doubles for homeowners who live
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Mortgage buyer Freddie Mac said Thursday that the benchmark 30-year home loan rate was down from 3.94 percent last week and 4.16 percent a year ago. The rate on 15-year, fixed-rate mortgages, popular with those refinancing their homes, was unchanged this week at 3.36 percent. The rate on
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The company says in a statement that Disney's purchase “does not alter 21CF's full commitment and obligation to conclude our proposed transaction to acquire … Disney is buying much of Fox for about $52.4 billion in stock, including film and television studios and cable and international TV businesses.
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LONDON ⢠International Business Machines (IBM) has signed up several prominent banks as well as industrial and technology companies to start experimenting with its quantum computers. JPMorgan Chase & Co and Barclays Bank are among 12 organisations IBM selected to get early access to its
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Chad Prather, currently the bank's head of corporate banking for its West Virginia region, will succeed Andy Paterno as Huntington Bank's West Virginia region president, the bank announced Thursday. The responsibilities of the position include leading the bank's 250 employees in the region, along with
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The government of Alberta — home to the world's third-largest oil reserves — on Wednesday auctioned off 595 megawatts of renewable energy capacity to be built in the province. That exceeded the government's target of 400 megawatts. The process marks a major step for Alberta — Canada's largest
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The Palestinians' cause has been eclipsed by the broader convulsions in the Middle East. Now, Tehran can use it to increase its influence in the region. By. Donna Abu-Nasr. @DonnaAN1 More stories by Donna Abu-Nasr. December 13, 2017, 9:01 PM PST. A Palestinian protester in Ramallah.
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The China Banking Regulatory Commission said it will continue to facilitate the opening of the domestic banking industry and support foreign capital as it engages in China's financial market more extensively, according to an announcement posted on its official website on Wednesday. As for the further
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Michael Dourson, a former chemical industry consultant who was tapped to oversee chemical safety at the Environmental Protection Agency, withdrew his nomination after Republican senators raised concerns about his past work and possible conflicts of interest, according to a Trump administration
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In internal documents reviewed by Bloomberg News, AHLA wrote that the union-backed âpanic button messageâ was âdeemed by many experts and hoteliers to be a solution in search of a problem.â At the time, the trade group also said it planned to combat municipal proposals like Seattle's and those
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Chinese President Xi Jinping will meet with South Korean counterpart Moon Jae-in in Beijing later Thursday for talks on North Korea and trade, as tensions between the two major Asian economies begin to thaw after a spat over Seoul's deployment of a U.S. missile shield.
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Budget changes to stamp duty have not yet had any discernible impact on the housing market, according to the latest survey from the Royal Institute of Chartered Surveyors. The UK housing market remained subdued in November, according to the RICS residential market survey, with the main indicators
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Now, when many a fruit is packing it in, padding the 401(k), picking out real estate in the Keys, coconut is taking on the 21st-century challenge: retooling, again. Coconut's got new skills: not just meat and milk, but oil, sugar and flour. A cake mixed from coconut components might, the baker reasons,
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Fresh off a strong showing at the Golden Globe announcements earlier this week, Netflix is once again racking up Hollywood award nominations for the streaming giant's growing portfolio of popular movies and television series. On Wednesday, Netflix led the field in total nominations for next year's
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With its earning power under a microscope since the debut of legal sales, pot and the money it brings in continue to make headlines. While anyone interested in learning the state's sales figures could calculate those numbers based on cannabis sales-tax rates and revenue data, the DOR's decision now
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MINNEAPOLIS–(BUSINESS WIRE)–U.S. Bancorp (NYSE:USB) announced it has raised its prime lending rate to 4.50 percent from 4.25 percent, effective tomorrow, December 14, 2017, at all U.S. Bank locations. U.S. Bancorp last announced a change in its prime lending rate on June 14, 2017, when it
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In the weeks since the House of Representatives unveiled its tax plan, on Nov. 2, housing experts have warned of its potential effects on the U.S. housing market. Proposed changes to the treatment of mortgage interest and state and local taxes could reduce incentives for buying a new home. Potential
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Hamilton said his unit is currently investigating an incident where scammers stole about $800,000 from a local title company during a real estate deal. … So, the presenters said, companies and municipalities should do what they can to bolster security and mitigate risks before an attack happens.
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