A routine payment went awry at Deutsche Bank AG last month when Germany's biggest lender inadvertently sent 28 billion euros ($35 billion) to an exchange as part of its daily dealings in derivatives, according to a person familiar with the matter. The errant transfer occurred about a week before Easter
See Original Article
âShire has fallen out of favor with investors, it sells at an extremely low valuation which I think is what has triggered the interest of Takeda,â said John Schroer, sector head of U.S. health care at Allianz Global Investors. âYou've seen consistent revisions downward on the hemophilia legacy Baxalta
See Original Article
U.S. stocks pared their decline on the news. The S&P 500 Index closed down 0.6 percent in New York trading after an earlier slump of as much as 1 percent. Rosenstein's message may have been based on a technicality. Trump may not officially be a target, but Mueller hasn't ruled out making him one at
See Original Article
End-to-end origination, risk, compliance, due diligence and technology services company Digital Risk, announced an agreement to integrate its LoanFx digital mortgage platform with Black Knight's LoanSphere Empower loan origination system. Digital Risk explained in a press release that the
See Original Article
A cryptocurrency startup threw investors in a panic Wednesday as the founder tweeted a picture from the beach and just three words populated the website: “And It's Gone.” A day later, Savedroid is back, but investors are almost as angry now as when they thought their money was gone. âVERY bad idea
See Original Article
WASHINGTON â Commerce Department releases durable goods for March, 8:30 a.m.; Freddie Mac, the mortgage company, releases weekly mortgage rates, 10 a.m.. American Airlines Group Inc. reports quarterly financial results before the market open. General Motors Co. reports quarterly financial
See Original Article
The planned construction of 30,000 new homes in Nairobi could significantly cut rents in the city's middle- and low-end estates as well as cause a massive price … Mr Denge said the new supply over time would allow renters in the mid-level housing markets to strike some bargains with their landlords by
See Original Article
The winner of the Pentagon's two-year contract to provide extensive cloud services isn't a lock to be awarded two extensions that would add eight more years, spokeswoman Dana White said. âI want to separate fact from fiction — what it is, and what it is not,â White told reporters at the Pentagon on
See Original Article
A bill limiting payday-lending rates, long stalled even after months of closed-door talks, suddenly was voted out of an Ohio House committee Wednesday without a single change to the 13-month-old proposal. And now it appears the much-delayed measure may rocket through the entire legislative
See Original Article
Multifamily developers, lenders and brokers discussed these trends and others at the conference, held on Tuesday, April 17 at the Royal Sonesta Hotel in Houston's Galleria neighborhood. The event drew about 150 real estate professionals. A Capital-Rich Market. A hefty amount of capital in the
See Original Article
Mortgage companies should model cybersecurity protocols after their compliance strategies to avoid being underprepared in the event of a data breach. A robust cybersecurity plan should include technology, as well as routine checklists, testing and other measures to ensure an organization remains
See Original Article
Alabama head coach Nick Saban and tennis superstar Serena Williams made Fortune's list of “The World's 50 Greatest Leaders.” Saban came in at No. 12, while Williams was No. 15. The female gymnasts and Olympians who came forward and testified against Larry Nassar, who was sentenced to 175
See Original Article
Doing business in the Social Media Era means you're bound to get some negative reviews. In our industry, sometimes the deal goes south for various reasons, and you will have an unhappy customer. Heck, sometimes people aren't happy even after a successful result. Right? Raise your hand if that has
See Original Article
Asked by the board whether they've noticed a market trend going up or down within the town, McCarthy said, âWe are still in the final stages of making those determinations.â But some board members noted that a lack of inventory on the real estate market is pushing some home prices upward.
See Original Article
TUSCALOOSA, Ala. â The Alabama Football Coach finishes at number 12 above several notable chief executive officers, authors, entertainers, and even presidents. On April 19, Fortune released its listof âThe World's 50 Greatest Leaders.â According to Fortune.com, there are many key factors when it
See Original Article
Ethiopia's new prime minister named a political ally as defense minister as he seeks to address two years of insecurity that prompted his predecessor's resignation two months ago. Motuma Mekessa's switch to the defense portfolio from the petroleum ministry was among 16 changes Prime Minister Abiy
See Original Article
By Greg Ninness. There are signs the slump in residential property sales volumes that has occurred over the last 18 months may be starting to bottom out. Interest.co.nz's latest quarterly analysis of residential property market activity shows that while sales are still running well below where they were 12
See Original Article
A Consumer Financial Protection Bureau policy focused on preventing auto lenders from discriminating against minority borrowers is on its way out. The Republican-led Senate voted 51-47 on a resolution to eliminate the measure, which advised auto lenders to abide by the Equal Credit Opportunity Act.
See Original Article
RESTON, Va., April 19, 2018 /PRNewswire/ — NVR, Inc. (NYSE: NVR), one of the nation's largest homebuilding and mortgage banking companies, announced net income for its first quarter ended March 31, 2018 of $166,049,000, or $39.34 per diluted share. Net income and diluted earnings per share
See Original Article
(His counterparty, Ted Seides, ended up conceding here at Bloomberg View eight months early.) But with an index of cryptocurrencies you can check who's winning every day — every minute, if you want — and, worse, they'll probably be so volatile that, at least early on, the lead will change hands
See Original Article