Banking Outlook: Bankers Like the Prospects They See for 2018

Kentucky's banking community is reflecting the optimism it feels from its clients, who had a strong 2017 and expect another good year in 2018. Economic fundamentals look strong, and there is demand for loans in nearly every category to fund ongoing business growth, construction and home buying.
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The solid job market and a growing millennial population looking to purchase a home have lifted demand over the past two years. But the number of homes listed for sale has fallen during that time. Increased construction has not fully offset the shortage. The U.S. housing market appears to be stable
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The Trump administration is considering trilateral Nafta language to promote telecommunications competition that could help bring the issue to a close after Mexico rejected demands spurred by AT&T Inc. that it considered overly restrictive, according to three people familiar with the issue. The U.S. Trade
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U.K. Trade Secretary Liam Fox said he urged U.S. officials to reconsider imposing steel and aluminum tariffs on the European Union this week, suggesting the move has upset America's allies more than the main culprit for overcapacity, China. The EU and other foreign trading partners are seeking
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Apple Inc. Chief Executive Officer Tim Cook met with U.S. Treasury Secretary Steven Mnuchin at the technology giant's new Apple Park campus in Cupertino, California, according to a tweet from Mnuchin. In the Twitter post, Mnuchin thanked Cook for a commitment to invest $350 billion in the U.S. Earlier
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Mortgage rates rose modestly today, but many lenders were essentially unchanged compared to yesterday's latest offerings. Moreover, rates ended the week slightly lower compared to last Friday's latest levels. That's no small victory in 2018, despite the fact that it is a small victory in general. Part of the
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White House chief of staff John Kelly told members of President Donald Trump's senior staff on Friday that their West Wing jobs are safe — a simple but necessary message after a week of heightened tumult in the administration. The assurance from the chief of staff was intended to silence whispers about
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International Rivers, an environmental watchdog, estimates that 6,700 people will have to be relocated to build the Pak Beng dam, with 25 villages in Laos already directly affected by work being done in preparation for its construction. On a larger sale, the impacts of the dam on the flow of the Mekong
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Na Piarsaigh hoping to bring an All-Ireland club hurling title to rugby country in Limerick … Downes — who works for a printing company co-owned by ex-Treaty boss TJ Ryan — believes the sports can co-exist successfully in Limerick. He said: “When I … Downes and co. celebrate their Munster final win.
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Mitt Romney is running for two jobs, and he can't hold both at once. Last month, Romney announced he was campaigning for the U.S. Senate in Utah. He's also running for re-election to Marriott International Inc.'s board of directors, according to a filing Friday. The catch is that Senate ethics rules bar
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FILE – This July 14, 2014 file photo shows Wells Fargo offices in Oakland, Calif. The Wall Street Journal is reporting, Friday, March 16, 2018, that a federal investigation into Wells Fargo has broadened beyond its retail banking unit, to include its wealth-management division. Wells Fargo continues to deal
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Russia is continuing their clean-up of the country's troubled banking sector. Some Kremlin insiders are uncomfortable about the effective takeover of some of the country's largest private institutions. There are concerns that the clean-up may be used to inject much-needed cash into the state budget to
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Trump Shakes Up Nevada Senate Race, Giving GOP Rare Good News. By … Republicans got a rare bit of good news Friday in a congressional election year where Democrats show increasing momentum: The most vulnerable GOP senator on the November ballot, Dean Heller of Nevada, will no longer
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“The real estate sector is continuing to evolve with the introduction of new technologies,” said Joe Osnoss, managing director at Silver Lake. “EDR has a rich history of thought leadership in this area, and we plan to invest behind the company's developing product roadmap to serve its important client
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Royal Pest Solutions, a fumigation company near the Wilmington Port, is changing ownership. TIMA Capital is taking the company over, and wants a Title V Air Permit from the state's Department of Air Quality. Such a permit would allow the company to release 90 tons of Methyl Bromide into the air.
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Can you hear it? That's the sound of thousands of soon-to-be Austinites packing their boxes into U-Hauls nationwide. By now, the SXSW throngs are thinning out, but in all likelihood, more than a few festivalgoers are planning a move to the Capital City. Before the Austin real estate market heats up even
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PARIS, – French cosmetics group L'Oreal said on Friday it was buying Canadian beauty tech company ModiFace for an undisclosed amount, in a bid to beef up its digital offering. ModiFace specialises in augmented reality and artificial intelligence applied to the beauty industry, the statement said.
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In this article, I will take a quick look at Datinvest International Ltd's (TSXV:DAI.H) recent ownership structure – an unconventional investing subject, but an important one. Ownership structure of a company has been found to affect share performance over time. Different types of investors can have varying
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Banco Davivienda, a leader in financing for Colombia's housing market, has secured a $200 million USD senior loan to finance mortgages from IDB Invest, the private sector investment arm of the regional Inter-American Development Bank (IDB). Specifically, Davivienda will use the funds to provide
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Two other sources at rival lenders confirmed the central bank was considering providing the additional funds – equivalent to 11 percent of the Russian banking sector's capital. All three sources said discussions were still underway and a final decision on the size of the capital injection had not yet been
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