Banking sector still strong despite uniBank takeover – BoG

“The other banks were fine. They all submitted their capital plans, their liquidity plans and they are all being implemented and we have no concerns with any of those. So everything is fine. We then began to put them under stronger surveillance to ensure that they were doing the right things as they had
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Goldman Sachs, Bank of America Merrill Lynch and JPMorgan kept their juniors happy in the most recent bonus season, according to Dartmouth, while analysts, associates and vice presidents at UBS and Morgan Stanley were the least satisfied with their payouts. Morgan Stanley and UBS declined to
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So with some of the brightest minds in economics telling us where they think short-term rates will go in the future, we should know what will happen to mortgage rates, right? Almost. But mortgage rates don't move in lockstep with the short-term rates that the Fed controls. Rather, the federal funds rate
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Developer seeking tax cut district for potential Burton Fortune 500 development. Updated March 21, 2018 at 4:19 PM ; Posted March 21, 2018 at 4:00 PM. Information provided to Burton city officials shows the 140-acre parcel targeted for development (in red) by clients of Riverside, Missouri-based
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The mortgage rates, which are usually responsible for the rise or fall in mortgage applications, have remained stable for a few weeks now. Yet, mortgage apps decreased 1.1 percent from the week earlier according to MBA's Weekly Mortgage Applications Survey. The data indicated that the refinance
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With technological advancements driving tourism industry growth, the government needs to connect all banks with mobile banking platforms in order to facilitate conformity with the new wave of innovative travel, a report by KPMG and FICCI said today. Such a move would ease transactions for both local
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Snowden said the housing market in West Michigan is going 100 miles an hour. “The challenges that I'm seeing is finding lots to build homes on and the cost of construction both materials and labor has just about doubled since what I call the crash of 2008,” Snowden said. He went from building around
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The real estate community of Austin — which had been on high alert — responded with cautious relief. The Austin Board of Realtors (ABoR) interim CEO, Emily Chenevert told Inman today in an email: “While authorities confirmed this morning that the bombing suspect is dead, we do not yet know if he
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“We are thrilled to be named in the Best of Yolo County again,” said Cara Mengali, manager of the local Guild Mortgage branch. “We do not take this honor lightly and feel it is a testament to our knowledge of the lending process, but also to the extremes we go to ensure we are giving the best client
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McLaughlin comes to Roostify from DocuSign, where he served as the company's vice president of business development. At Roostify, McLaughlin will be responsible for “formulating the company's overall partner strategy, creating a scalable operational model, and further developing an ecosystem of
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Workers prepare to cover up Time Inc. signage with Meredith Corp. signage in New York on Jan. 31. (Drew Angerer / Getty Images). Meredith Corp., which bought Time Inc. and its stable of magazines in January, plans to sell the flagship publication Time, as well as Sports Illustrated, Fortune and the
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“On each and every one of these 1,200 units throughout the city there is a legally binding agreement on them in the form of a covenant, which comes up during the standard title search,” Woodbury said. That means the title company handling the paperwork for Penalver's house should have seen the
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Smaller sacrifices, however, may be useless against the critical mass of popular disapproval that has accumulated while Zuckerberg struggled with his minimalist solution to the fake news issue. What do people want from him, anyway? Do they want a environment that produces lots of quality data or do
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Local real estate broker Jim Shaffer said the Ferndale housing market is hot and there is an unfulfilled demand for single-family housing among younger, growing families. “Many families who are choosing to stay within the Ferndale community are in need of larger floor plans due to their growing families
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McCray falsely said that she did not own any properties in New York City on financial disclosure forms for 2015 and 2016, according to the New York Post. She actually owns two Park Slope properties with her husband Mayor Bill de Blasio on 11th Street, including one at 384 11th Street that was
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The Prime Minister was making his contribution to the 2018/19 Budget Debate in the House of Representatives on March 20. Mr. Holness said while the private sector participates in the middle, upper-middle and upper ends of the housing market, they have largely been absent from the affordable
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He will be displaying some memorabilia from his musical career at the Virginia Musical Museum in Williamsburg. Fortune met museum founders Buddy and Peggy Parker after a radio interview with Robert Hodge at radio station WMBG in Williamsburg. Tickets are $23 at the door and $18 in advance.
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The impact of failing schools in the city of Birmingham is hurting the housing market. Tracy Wright, a Realtor with Barnes and Associates, has seen an uptick in families packing up and moving from Birmingham while selling homes in this area for 15 years. She said it's also tough to sell homes in
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“Empowering the Federal Reserve to write the new Volcker Rule will produce a regulation much sooner that would benefit big banks by giving them more discretion to make markets for fixed-income trading without fear of engaging in proprietary trading,” Jaret Seiberg, a senior policy analyst at Cowen
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Huber said Newsweek and U.S. News & World Report were each sold for $10 million or less, and he expects Meredith won't get much more for the titles it just put up for sale “unless some rich family wants to own them for vanity reasons.” Bloomberg LP, the parent of Bloomberg News, owns
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