BofA Adds New Perk for Its Bankers and Traders: Paid Sabbaticals

America's second-largest lender told investment bank employees they'll soon be able to take off up to an additional six weeks in a year — with pay. The firm is “piloting” a program for employees of its global banking and markets division that will allow them to take the paid time off on top of what they're
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The Senate Banking Committee rejected Scott Garrett's nomination to be chairman of the U.S. Export-Import Bank, an institution the former congressman earlier called “ corporate welfare” and tried to shut down. In the 10-13 vote Tuesday, Republican Senators Mike Rounds of South Dakota and Tim Scott
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Undertakers near the Irish border are wondering what death will be like after Britain leaves the EU. By. Rodney Edwards. More stories by Rodney Edwards. December 18, 2017, 9:01 PM PST. A former customs guard hut on the Irish border. Photographer: Charles McQuillan/Getty Images. Michael Leydon
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The Society prides itself in being the leading domestically owned financial institution and the largest residential mortgage lender in Botswana. In its transformation the Pius Molefhe led institution, will ensure that the envisaged bank enhances both its financial inclusion and housing finance initiatives and
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Also honored that night for 40-plus years of service to the local real estate industry were David Windle and John Seibel from the Quincy branch of Cal Sierra Title Company, which has maintained an affiliate membership with the PAR since 1977. The company has four offices serving both Plumas and
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Since mortgage backed securities (MBS) compete for similar investors as government bonds, specifically the 10-year Treasury note, when bond yields adjust, so do MBS yields and therefore, mortgage rates. If we take a look at the yield on the 10-year Treasury note today, we can see that it's currently at
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Apple Inc. hasn't yet sold one of its delayed HomePod voice-activated speakers, but it's already a flashback to the original iPhone in one way: It is a single product with a relatively high price of $350, or seven times the starting cost of similar devices from Amazon.com Inc. and Google parent company
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Real estate agents are humans like everyone else. Which means there's a 92 percent chance you'll epically fail at meeting your New Year's resolutions. But this year is going to be different. You're gaining experience as a real estate agent, you're crushing your previous sales numbers, and now, you
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American investment firm Blackstone has acquired an 80% stake in Australian property financing company La Trobe Financial for an undisclosed sum. Under the terms of the agreement, Melbourne-based firm's CEO Greg O'Neill will retain a 20% equity stake in the in the privately-owned firm. O'Neill will
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Before today, two cuts to neutral or the equivalent in June were the last ones, according to data collected by Bloomberg. One of those firms has since upgraded the shares. Analysts are still overwhelmingly positive on the stock, which has been the largest contributor to the S&P 500 Index's gains this year,
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When Spanish Prime Minister Mariano Rajoy forced an election in the rebel region of Catalonia, the aim was to halt the political chaos after a declaration of independence by separatists that reverberated across Europe. Instead, more upheaval looks set to emerge. It's going to be tough to discern any
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The UK competition watchdog has given five banks extra time to comply with so-called open banking plans aimed at boosting competition in retail banking. This comes after the lenders said they would not be ready by a January deadline. The Competition and Markets Authority (CMA) set out individual
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Shipping giant UPS announced this morning that it has pre-ordered 125 all-electric Tesla Semi trucks. The order is the largest yet for the truck, trumping last week's order of 100 vehicles from PepsiCo. It adds to a growing list of big-name companies who have signed on for the truck, also including
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OTTAWA — Foreign ownership of housing in Canada's two largest markets, Toronto and Vancouver, is below 5 per cent, Statistics Canada said on Tuesday in a report that suggests foreign investors are not the biggest factor driving up home prices in Canada. The new data, promised for months, showed
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SOLON, Ohio, Dec. 19, 2017 /PRNewswire/ — MRI Software, a global leader in real estate software solutions, today announced that Growthpoint Properties, South Africa's largest real estate investment trust (REIT) with reach into Australia and Europe, has selected MRI's SaaS-based Commercial,
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PODGORICA (Montenegro), December 19 (SeeNews) – The International Finance Corporation (IFC) said on Tuesday it is lending 7.5 million euro ($8.9 million) and mobilising a 7.5 million euro parallel loan from Erste Bank to finance a ring road section in Montenegro's capital Podgorica. The loan to
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This article first appeared in Data Sheet, Fortune's daily newsletter on the top tech news. Sign up here. New twists on old ideas are all the rage. Everyone is agog at the things that can be delivered directly to their home these days. That's kind of funny, seeing as I remember when I was very small my
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The US Dollar continues to drift lower as it awaits developments around the tax bill reform legislation currently making its way through the US House and Senate. The House is expected to vote on the bill on Tuesday morning, while the Senate should be able to vote on it by Tuesday evening or
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On Monday, Seoul sent jets after Chinese warplanes that entered disputed airspace, in a sign of unresolved tensions just days after the two countries met to reset troubled relations. Five Chinese military aircraft were detected flying into the Korean Air Defense Identification Zone (KADIZ) from southwest
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12-19-2017 – Discover our job offer Stock Lending and Borrowing – Settlements and Rebate & Fees Trainee (M/F) ( ID:1117SCPFMF011) – Internship based in PT-11-Lisbon (reference: LIS000023) – The bank for a changing world – BNP Paribas.
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