Goldman Sachs bankers will fan out around the globe to win a thousand more corporate clients, the chief executive told investors on Friday, as the Wall Street bank tries to bolster a division which has offset a prolonged slump in trading. In his annual letter to shareholders, Lloyd Blankfein said the bank
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And Westpac Bank was criticised for being the âmost resistantâ to Australia's banking laws, and the least willing to cooperate with the regulator's attempts to enforce responsible lending practices. The commission has heard how hundreds of thousands of Australians have been affected by the banks' poor
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Trade-Alert notes substantial buy-to-open activity at the April 32 and 33 calls today. This is just business as usual, though, as call buying has roughly tripled put buying on BAC during the past two weeks at the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and
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The Federal Reserve lifted the federal funds rate on Wednesday by a quarter percentage point to a range of 1.5 percent to 1.75 percent. Two more rate hikes are expected this year. Three are expected in 2019, rather than two as initially projected. If you're a homeowner with a fixed-rate mortgage, rest
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RICHMOND, Ky. (March 23, 2018) â Robert Frank, one of the great writers of economics, will visit Eastern Kentucky University on Thursday, April 5, to discuss âSuccess and Luck: Good Fortune and the Myth of Meritocracy.â Frank's remarks, which will begin at 7:30 p.m. in O'Donnell Hall of the Whitlock
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Talks with American over the re-engined model have ended, Airbus said Friday in response to questions from Bloomberg. The companies had been discussing the A330neo as a possible substitute for an unwanted A350 aircraft deal, and the decision means the U.S. carrier appears set to buy more
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Dominating the mortgage market with half of new mortgages originated under their auspices are Fannie Mae and Freddie Mac (Note: this pair was mentioned 36 times in the aforementioned NPR interview). Along with Ginnie Mae and together known as the âAgencies,â the troika have an 80% share of
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Pivotal, the business software and cloud company that spun out of DellEMC and VMware, filed for an initial public offering on Friday to raise $100 million, according to a filing with the U.S. Securities and Exchange Commission. The filing comes at an auspicious time for a cloud technology company.
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Well that means that the realtor makes less as does the title company when they. Take will make less they pay fewer taxes higher interest rates often bring down the cost of housing. Because there can be less sales activities when houses cost more. Well let's get on the other side of interest rates.
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TPG RE Finance Trust, Inc, a commercial real estate finance company, originates, acquires, and manages commercial mortgage loans and other commercial real estate-related debt instruments in the United States. It invests in commercial mortgage loans; and subordinate mortgage interests, mezzanine
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âIt's not really the realtor that is communicating with the consumer, it's the fraudster,â said Margaret Sklenar, co-owner of Metropolitan Title Company. âThe real wire instructions are not being sent to the consumer. Instead, the fraudster is sending wire instructions. The money is going into an account int he
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The local company, formerly known as Long Island Iced Tea Corp., acquired 7 percent of Singapore-based TSLC Pte Ltd., the parent company of digital lender CASHe, in exchange for 17 percent of Long Blockchain's outstanding common stock, Long Blockchain said in a news release. Shamyl Malik
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OTTAWA, March 23, 2018 (GLOBE NEWSWIRE) — The Appraisal Institute of Canada (AIC) supports the regulatory amendments introduced by the Government of Ontario that govern syndicated mortgages investments within its jurisdiction. Under Ontario Regulation 188/08 Mortgage Brokerages
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In the wake of the Cambridge Analytica scandal, Facebook's public image has been seriously damaged. But the company's real problem is that CEO Mark Zuckerberg and COO Sheryl Sandberg still don't know how to fix the company's underlying problems. Zuckerberg finally addressed the scandal this
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Sorry, Manhattan real estate owners, but your luxury home might not be worth as much as you think it is. A new Olshan Realty report found that homes with prices of $4 million or more that went into contract during the year's first 12 weeks took an average price cut of 10 percent, the highest going back to
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AmeriFirst Financial Corporation has expanded its footprint to the foothills of the San Gabriel Mountains with the opening of a new branch in Southern California, located in Rancho Cucamonga, operating under the name, âAmeriTrust Home Mortgageâ to avoid confusion with Amerifirst Financial Inc., who
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Home prices increased 37% since 2009, and 7% since last year, Freddie Mac pointed out in its report. Homeowner equity increased to about $14.4 trillion in the fourth quarter, and homeowners with mortgages hold a collective $5.5 trillion in equity available to borrow against, according to Black Knight
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New York â Stocks around the world plunged Friday as investors feared that a trade conflict between the U.S. and China, the biggest economies in the world, would escalate. A second day of big losses pushed U.S. stocks to their worst week in two years. As of Friday afternoon, China's only response to
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On Friday morning, Fortune spoke with Facebook's VP of global marketing solutions, Carolyn Everson, to find out more about what the current crisis means for the tech giant's relationships with advertisers. … Fortune: You've said that most of the communication back from clients has been supportive.
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Sales of new U.S. homes in February fell for a third straight month and supply swelled to the highest level since 2009, suggesting that surging prices are increasingly deterring buyers, according to government data released Friday, March 23. Single-family home sales fell 0.6% month over month to a
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