Core Banking Offsets Trading Dip at Citigroup, JPMorgan

Core Banking Offsets Trading Dip at Citigroup, JPMorgan

(JPM) kicked off big bank earnings season with a mixed bag of results on Thursday morning. Overall, both banks reported earnings and revenue beats
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P2Binvestor launches lending programme for banks

Colorado-based P2Binvestor (P2Bi), a marketplace lending platform, has unveiled its bank partnership programme to let organisations access capital.
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Citigroup's earnings buoyed by retail bank

Citigroup Inc. said Thursday that its third-quarter profit increased by more than 7% from a year earlier, boosted by gains in investment banking and
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Lloyds Bank swoops on Zurich's UK pensions and savings business

The bank, which returned to full private ownership in May after the Government sold the last of its stake, said the deal would boost its Scottish Widows
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Charleston-area home sales dip dramatically in September, marking second month of decline

… 3.85 percent last week for a 30-year mortgage and rose slightly to average 3.15 percent for a 15-year loan, according to financier Freddie Mac.
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Freddie Mac: Mortgage Rates Took Big Jump

Mortgage rates increased again during the week ended Oct. 12, with the average rate for a 30-year, fixed-rate mortgage (FRM) increasing to 3.91%,
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HSBC appoints retail bank head John Flint as new CEO

HSBC has appointed John Flint – currently the head of the bank's retail banking and wealth management arm – to succeed Stuart Gulliver as chief
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Deutsche Bank jumps on IBM Watson for Germanic AI ambitions

Wunderbar! Deutsche Bank has completed internal proofs of concepts (PoCs) with IBM for the deployment of an artificial intelligence (AI) powered
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Housing market having 'Goldilocks moment': report

The Royal LePage House Price Survey shows the price of a house in Canada jumped by an average of 13 per cent, when the third quarter of 2017 is
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Commerce in Mo. reports higher earnings on expense control, increased lending

Commerce Bancshares in Kansas City, Mo., reported higher quarterly profit by keeping expenses flat and chargeoffs to a minimum. The $25
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Citigroup continues slow pull away from mortgage originations

The latest numbers from Citigroup's third-quarter earnings show the megabank continues to pull away from mortgage originations as it focuses on
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Canadian housing having 'Goldilocks' moment: Royal LePage

Home prices in Canada's five biggest housing markets rose at a manageable pace in the third quarter for the first time in six years, according to the
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Canada's big housing markets in 'Goldilocks moment': Royal LePage

Prices in Canada's five biggest housing markets are going up at a similiar, healthy pace — the first time that has happened in six years, Royal LePage
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Lloyds Banking Group buys Zurich's UK pensions and savings unit

Lloyds Banking Group has struck a deal to acquire £19bn of pensions and savings assets from Zurich UK as part of a new strategic plan to expand in
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Mortgage banking creates drag on JPMorgan's better-than-expected earnings

JPMorgan Chase kicked off another earnings season on Thursday, as it reported third quarter earnings that surpassed experts' expectations.
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Are longer mortgages the answer to high property prices?

Many young first-time buyers are opting for up to 40-year mortgages rather than traditional 25-year terms. Some people explain why and talk about
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'We're Going to Fight Like Hell to Protect the Agreement.' Business Leaders Try to Save NAFTA

The North American Free Trade Agreement is in its 23rd year. But there are growing doubts that it will survive through its 24th. President Donald
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Data Sheet—Why the IPO Window for Tech Companies Is Reopening

Aaron in Adam for today. In a year that was originally expected to see some big tech names like Uber or Airbnb go public, 2017 has been a bit of a
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Mortgage Abuses Against Seniors Top List Of Consumer Complaints

Abusive mortgage practices were the leading source of more than 72,000 complaints to the Consumer Financial Protection Bureau from consumers 62
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Susquehanna International Group LLP Purchases 25445 Shares of Healthcare Realty Trust …

Healthcare Realty Trust logo Susquehanna International Group LLP raised its position in Healthcare Realty Trust Incorporated (NYSE:HR) by 265.1%
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