Changing fashions: Retailers are dealing with deadstock more openly

Changing fashions: Retailers are dealing with deadstock more openly

… volume of deadstock, more now than ever, all over the world,” Stephanie Benedetto, founder of deadstock marketplace Queen of Raw told Fortune.
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Tech Giants Risk Squeezing Out Banks, French Watchdog Warns

Banks risk being stuck with back-end transactions with high fixed-costs and strict regulation “while being marginalized” in customer-facing services
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Transcript: Freddie Mac CFO Discusses First Quarter 2021 Financial Results

Freddie Mac posted solid earnings in the first quarter of 2021 and continued to build capital while delivering on its vital mission to make home possible
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Class of COVID-19: Next generation of bankers fear for future

Reuters interviewed executives at 14 financial firms, including some of the world's top banks and asset management companies. Most said that, while
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Grasshopper Bank in New York hires former Radius CEO as next leader

Butler previously served as president and CEO of Radius Bank. … At Grasshopper, he will succeed Judith Erwin, who let the bank through the de novo
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FirstClose acquires newly formed HomeScout

FirstClose, Inc., acquired Reflect Resources, DBA Moxie Consulting, and Home Buyers Marketing 1, Inc., combining both companies to form
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Euronext Raising $2 Billion as Borsa Italiana Deal Completes

Adding Borsa Italiana gives Euronext about a quarter of all equity trading in Europe, with 28 of the Euro Stoxx 50 companies listed on its markets.
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Finance Of America Companies To Acquire Certain Assets Of Parkside Lending

Parkside Lending is a full-service mortgage company that was founded in 2004. The company ranks as the 16th largest wholesale lender in the country
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Pinnacle Bank Announces Q1 2021 Results

GILROY, Calif., April 29, 2021 /PRNewswire/ — Pinnacle Bank (OTCQB: PBNK), headquartered in Gilroy, California, announced today unaudited net
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Like housing market, San Diego rental market is booming

SAN DIEGO — If you're in the market for a rental property in San Diego, you may have noticed not only are prices increasing, but competition is
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Lender Allegedly Used Unlawful and Misleading Tactics to Market Reverse Mortgages

The Consumer Financial Protection Bureau (“CFPB”) reached a settlement with reverse-mortgage lender Nationwide Equities Corporation
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Banks face new reporting requirements; lenders still holding back on Helocs

Andreas Gottschling “was targeted as a symbol of Credit Suisse's risk failures by some of its biggest investors, who had said they would vote against his
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Californians need state public banking options; here's why

Banking is prohibitively costly for low-to-moderate income people. It's one of the main culprits in the state's widening financial wealth gap. So, when
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Saudi mortgage issuance jumps 56% YOY in March led by house financing

RIYADH: Saudi Arabian banks issued 31,826 mortgages in March 2021 worth a record SR16.95 billion ($4.5 billion), an increase of 56 percent from
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Saudi foreign reserves rose 1.7% in March to $449 billion

Investments in foreign securities edged up 0.2 percent month over month to SR1.124 trillion, while foreign exchange and deposits abroad rose 5.7
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Real Estate Investors Face Yet Another Tax Threat

Real Estate Investors Face Yet Another Tax Threat. The target is the “loophole that allows the wealthiest Americans to entirely escape tax on their wealth
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St. Joseph Mercy Ann Arbor and Chelsea Hospitals Named to the Fortune/IBM Watson Health 100 …

St. Joseph Mercy Ann Arbor and St. Joseph Mercy Chelsea hospitals, members of Trinity Health Michigan, have been named to the Fortune/IBM
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Citi Is Exiting Consumer Banking in India. That's an Opportunity for Indian Banks.

A large legacy state bank system absorbs lower-income clients, leaving the four top private banks—ICICI, Axis, HDFC Bank (HDB), and Kotak Mahindra
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USDA Home Loan

The Two Types of USDA Home Purchase Loans. The USDA Guaranteed and Direct loan programs are very different, although both provide housing in
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How India's COVID crisis is impacting Americans of South Asian descent

We are all connected.” Kristen Bellstrom kristen.bellstrom@fortune.com @kayelbee. The Broadsheet, Fortune's newsletter for and about the world's most
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