Banks brace for tax hit to help plug UK's budget gap – Reuters

Banks brace for tax hit to help plug UK's budget gap – Reuters

British banks are bracing for a potential tax hit to their profits as the government scrambles to plug an estimated 40 billion pound ($45 billion)
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Home Sales, Listings Plunge Over 20% in September—Most on Record Aside From Pandemic Start

The number of homes sold dropped 25% year over year while new listings fell … “The U.S. housing market is at another standstill, but the driving
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Mortgage Demand Hits Lowest Level Since 1997 As Rates Continue To Rise – Inman

Thirty-year, fixed-rate loans hit 6.98 percent on Monday, a new 2022 high, according to an Optimal Blue Mortgage Market index.
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Mortgage applications hit a 25-year low

New loan activity slowed further last week, leading application volumes down to a 25-year low, according to the Mortgage Bankers Association.
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Mortgage rate on 30-year fixed loan soars to 7.22 percent – YouTube

CNBC's Diana Olick joins 'The Exchange' to report on mortgage rates soaring to 7.22 percent.
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HSBC Expands Private Banking Business to Tap Wealthy UAE Clients – Bloomberg.com

HSBC Holdings Plc is expanding its private banking business in the United Arab Emirates to cater to the fast-growing high net-worth investors in
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Armenia Real Estate Market Expected to Reach $1249.3 Million by 2026 – EIN News

Armenia Real Estate Market Expected to Reach $1,249.3 Million by 2026 | Industry & Trends Analysis From 2019 To 2026. News Provided By. Allied
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Illinois homeowners could receive up to $30K in mortgage relief

The Illinois Homeowner Assistance Fund will launch on Tuesday, Nov. 1 and will provide up to $30000 in mortgage assistance to eligible homeowners.
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Mortgage Interest Rates for Oct. 19, 2022: Rates Increase – CNET

Today some major mortgage rates crept higher. If you're shopping for a mortgage, see how your payments might be affected by inflation.
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Sweden Property Market: Why $41 Billion of Debt Is Alarming Europe – Bloomberg.com

Some property companies could be left with no alternative but to tap the stock market to raise funds. “Under a bad-case scenario of no thawing in
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UK banks brace for 'windfall tax' to help plug £40bn hole in public finances – The Guardian

No commitment yet to cut banking surcharge after corporation tax U-turn, with sector facing headline tax rate of 33%
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SME Financier Crowdz Shops for Open Banking Payment Solutions With GoCardless

Crowdz is to integrate GoCardless open banking to enhance its ability to drive equitable access to finance for small businesses.
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United States: Biden's Pardon Announcement Gives A Boost To SAFE Banking Prospects

While some have noted that if cannabis is actually de-scheduled, banks and financial institutions will feel more comfortable banking with cannabis and
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Treasurers Explore Banking Models to Accelerate Growth – PYMNTS.com

In this way, modern clearing banks can help corporate treasurers not only sell their organizations on modernization but enable them to make critical
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This Lender Will Soon Provide More Than Just Private Banking to the Cannabis Industry

The team is ramping up investor relation efforts to educate investors and get the stock performing as they expect. A Private Banking Model. SHF
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New home building retreated in September as rising mortgage rates scare off buyers – CNN

Home building pulled back in September, as buyers faced spiking mortgage rates that have made homes increasingly unaffordable.
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Mortgage Interest Rates Today: October 19, 2022—Mortgage Rates Rose – Forbes Advisor

The current average rate on a 30-year fixed mortgage is 7.20%, compared to 7.12% a week earlier. For borrowers who want a shorter mortgage,
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Latest global banking news, October 19, 2022 | PaymentsSource | American Banker

In global news this week, India adds digital banking centers, NAB embraces tap-to-pay and JPMorgan Chase shakes up its management in the Asia
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What the Banks Stock Rally Says About Wall Street – The New York Times

A strong batch of earnings have propelled bank stocks in recent days, but investors remain more cautious on the outlook of Goldman Sachs and
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JPMorgan Chase gives early payday deposits to Secure Banking customers – CNBC

Instead, banks have drawn attention to existing products that protect users from overdraft fees, while still offering most of the functionality of
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