Deutsche Bank Did Some Bond Lying

In opaque and illiquid bond markets, if you think that you are getting ripped off by your trader or salesperson, the traditional thing to do is to go complain to her boss. “I do a lot of business with this bank,” you say, “and if I find out that your salesperson is lying to me about the markup she is taking, I will put
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Two industry groups for small lenders on Tuesday wrote to the Consumer Financial Protection Bureau Director asking that the agency help smaller lenders engaged in what it calls “plain-vanilla” mortgage lending to avoid “excessive regulation.” The Community Mortgage Lenders of America and
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Zacks Investment Research upgraded Baxter International from a “hold” rating to a “buy” rating and set a $69.00 price objective on the stock in a report on Tuesday, October 10th. BMO Capital Markets restated a “buy” rating and issued a $70.00 price objective on shares of Baxter International in a report
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ccompton@ajc.com/Curtis Compton A.J. Minter delivers a pitch on Thursday Feb. 16, 2017, at the ESPN Wide World of Sports in Lake Buena Vista. Curtis Compton/ccompton@ajc.com. Posted: 12:52 p.m. Tuesday, February 13, 2018
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The Canadian Securities Exchange plans to create a clearing house based on blockchain, giving companies an outlet to issue equity and debt through digital tokens within a regulatory framework. The Canadian bourse will build the clearing and settlement platform for so-called security token offerings,
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Hurricanes continue to have a notable impact on mortgage delinquencies, clearly evident by CoreLogic's Loan Performance Insight report. Serious delinquency rates were up sharply in both Texas and Florida in November, compared to a year ago, while lower in all other states but Alaska, according to
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Good news for those who owned a home in 2017 in the Bradenton-Sarasota region: Year-end data showed significant increases in value thanks to a real estate market basking in the glow of a thriving economy. According to figures released Tuesday by the Realtor Association of Sarasota and Manatee,
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The U.S. intelligence community is at odds with the White House about threats America faces from climate change. The nation's intelligence agencies are warning, in the annual Worldwide Threat Assessment, of global instability if climate change continues unabated, according to a report submitted for a
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Wikileaks founder Julian Assange lost his bid to have a U.K. court dismiss the arrest warrant that he's been avoiding for 5 1/2 years by hiding in Ecuador's embassy in London, with the London judge saying he lacked courage. It's the second time this month a U.K. judge has refused to overturn the arrest
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One of Canada's best-performing hedge funds says stocks are still expensive after last week's correction and he sees little to get excited about. “Right now we're still nowhere close to an equalization in interest rates with equity markets,” said David McLean, managing director at Toronto-based McLean
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A Turkish soldier stands on a tank near the Syrian border in Hatay province on Jan. 24, 2018. Photographer: Ozan Kose/AFP via Getty Images. Turkey's leader lashed out against U.S. support of Kurdish militants in Syria, brandishing the prospect of an “Ottoman slap” after an American general threatened
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The FBI notified the White House in July about domestic violence allegations against former Staff Secretary Rob Porter, contradicting accounts by Trump administration officials that they first learned of the claims last week, a person familiar with the matter said. The bureau provided the information as part
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Raw did it last night, but SmackDown did it first. A non-finish in a match designed to determine who would move one-step closer to the brand's major title ended in chaos, so an extra man was added to the next contest. In Team Blue's case, it was Sami Zayn goading AJ Styles into getting mixed up in his
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Sei Investments Co. boosted its holdings in shares of Expeditors International of Washington by 3.9% in the 3rd quarter. Sei Investments Co. now owns 414,596 shares of the transportation company's stock valued at $24,819,000 after buying an additional 15,391 shares during the period. Confluence
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BlockFi, a New York-based non-bank lender that offers USD loans to cryptoasset owners, announced a $1.55 million raise from ConsenSys Ventures, Kenetic Capital, PJC, SoFi, Purple Arch Ventures and Lumenary. The new capital injection will be used to bridge the gap between traditional debt capital
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The first black First Couple have now been enshrined in history: One, the son of a voluntary African immigrant; the other, a descendant of slaves. Both now hold places of honor among slave-holding founding fathers. It was quite a moment. The portraits are stunning, partly because they are so different
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In 2017, venture investors deployed over $5 billion in real estate technology, more than 150 times the $33 million invested in 2010. Once a sector seemingly ignored by the venture industry, real estate tech has come front and center, notably producing two of the three most valuable startups in the United
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Arch Capital Group's mortgage insurance subsidiary increased its cushion under the secondary market capital standards in the fourth quarter even as its delinquent inventory grew. Capital sufficiency at some companies under the Private Mortgage Insurer Eligibility Standards had become a question
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Nationwide, counted $13.4 billion in mortgage loans among its investments in 2016, according to its annual report, up from $11 billion in 2015. Nationwide is the largest privately held company in Central Ohio and has 13,570 employees here, according to Columbus Business First research. Overall, the
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Jesse Powell, founder and chief executive of Kraken Bitcoin Exchange, says the spike in bitcoin value was partially caused by panic buying and international media attention. Pawan Singh / The National. If the currency isn't really linked to actual dollars — and it was propping up bitcoin prices — then
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