Brazil cuts benchmark lending rate by 50 bps to 7.00%

Brazil cuts benchmark lending rate by 50 bps to 7.00%

Brazil cuts benchmark lending rate by 50 bps to 7.00%. Wed 6 Dec 2017 20:26:06 GMT. Author: Adam Button | Category: Central Banks. Author: Adam Button. share
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UnitedHealth's Splish Beats CVS-Aetna's Splash

The $214 billion company announced on Wednesday that it's buying DaVita Inc.'s physician-network business for $4.9 billion. It's just the latest step in UnitedHealth's push to diversify its revenue. Thanks to deals over the past few years, the company isn't just the largest private U.S. health insurer,
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Steinhoff Share-Price Collapse Blindsides Optimistic Analysts

A Steinhoff International Holdings NV logo sits on display outside the company's offices in Stellenbosch, South Africa, on Wednesday, Aug. 17, 2016. Acquisitions including Pepkor Holdings Pty Ltd. and French furniture chain Conforama France SA have transformed Steinhoff International Holdings NV,
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American Lending Center Hosts Comprehensive Industry Training for Foreign and Domestic Staff

LONG BEACH, Calif.–(BUSINESS WIRE)–American Lending Center (ALC) – a subsidiary of Regional Centers Holding Group – this week hosts their China branch for an annual company-wide training educating employees on EB-5 best-practices, with a particular focus on new initiatives with green
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Q3 Downer: HBC Cites Plans to Reverse Sagging Trends

The Hudson's Bay Co., currently underperforming at several of its divisions, sees better days ahead principally through digital initiatives, cost-cutting, new business partnerships, European expansion and monetizing real estate assets.”While Saks Fifth Avenue and Hudson's Bay are performing well, our
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Flynn Said Russia Sanctions Would Be Nixed, According to a Whistle-Blower

Former national security adviser Michael Flynn promised a business associate before the inauguration of Donald Trump that U.S. sanctions with Russia would be “ripped up” by the incoming administration, according to a witness account described by House Democrats. Elijah Cummings, the top
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Flaw discovered in banking apps leaving millions vulnerable to hack

Scientists have discovered a flaw in banking apps used by millions of customers that left them vulnerable to hackers exploiting wifi. Researchers ran a tool on apps from HSBC, Natwest, Co-op banks and others and found online criminals would have be able to con the software into revealing personal
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Housing Prices Down 5.6% in Dubai

Dubai's housing market has defied high hopes for a turnaround this year, dogged by oversupply in luxury and neighboring political crises, according to a report by brokerage and consultants Cluttons. Property prices slipped 5.6% in the year ending in September, with prices falling 1.9% in the third
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Together teams widens distribution with SimplyBiz Mortgages and Personal Touch

Personal Touch as the latest broker network to partner with Together, providing access to its appointed representative (AR) firms across the UK. Together will lend up to £1 million on residential mortgages, both capital repayment and interest-only options. There are no valuation or lender's legal fees and
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How are Alabaster's housing, commercial markets faring?

In comparison, the city had issued 88 new home permits for projects valued at a total of about $20.7 million through the first 10 months of 2016. Alabaster is on track to meet or exceed 2016's year-end numbers for new home permits this year, as the city issued a total of 101 permits last year, 100 in 2015,
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Broadening The Banking System: How To Expand Bank Access Worldwide

For middle-class people in high-income countries like Japan, Singapore, and the United States, banking seems like a right rather than a privelege. There's no better way to hold onto large amounts of money both securely and flexibly, and thanks to debit cards and online banking services, it's easier than
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Banking crisis in Wales, says Plaid Cymru AM Adam Price

There is a community banking “crisis” in Wales with so many bank branches closing, Plaid Cymru has said. The party's AM Adam Price told the Senedd more than 180 bank branches had closed in Wales since 2011. “We are now in a position that in many parts of Wales there are no financial services
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Your retail banking reps have been unable to link an account to my on… – TD Helps

Your retail banking reps have been unable to link an account to my online access. Can you help? – Let TD Helps show you how you can reach your goals.
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Uganda's Leader Defends Plan to Remove Presidential Age Limit

Ugandan President Yoweri Museveni said removing an age limit for the top job, a move that would allow him to seek a sixth term, could help ease what he called a leadership crisis in Africa. Maintaining the age limit of 75 would deny the East African nation the constitutional right to choose its leaders,
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Lenders treading slack water as real estate sector waits for reset

The term “slack water” has been used to describe the current market for real estate finance, and it seems about right. It is well known that lenders pursue deals when the market hits bottom, and also as it rises. On the down slope, however, deal flow dries up and lenders hold their capital on the sidelines
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Together expands mortgage broker network

Richard Tugwell, group intermediary relationship director at Together, said: “It is an exciting time for us as we continue to expand, and we are really pleased to be working with both SimplyBiz Mortgages and Personal Touch as we reach out to even more brokers across mainland UK.” Martin Reynolds
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Real estate firms: Isle of Palms house sells for record $6.4 million

The 6,758-square-foot oceanfront house at 120 Ocean Blvd. sold this week, according to two real estate firms involved in the transaction. Daniel Ravenel Sotheby's International Realty represented the seller, Rom Reddy of American Synthetics, who paid $2.12 million for the property in 2011, according
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Mortgage Rates Wednesday: Down, Along With Inflation Pressure

The average rate on a 30-year fixed-rate mortgage plunged seven basis points, the 15-year fixed rate fell six basis points and the 5/1 ARM fell one basis point, according to a NerdWallet survey of daily mortgage rates published by national lenders Wednesday. The 30-year, fixed-rate mortgage is six
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Director of Real Estate

Standing teams are: Investment Grade Fixed Income, Public Equity, Private Equity, Opportunistic Fixed Income & Inflation Sensitive, Real Estate, Multi-Strategy, and Investment Operations. Certain teams are responsible for multiple investment programs/policy portfolios (i.e., policy portfolios are defined in
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Myanmar to approve five specialised banks for targeted lending

This way, the banks can focus on lending effectively to businesses in each region,” he said. The CBM should also systematically monitor the specialised banks so that they don't give out additional financial assistance to those with connections to their financiers. “Specialised banks are established by
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