How start-ups with $3m in capital could get their banking P-plates

How start-ups with $3m in capital could get their banking P-plates

Start-up businesses with $3 million in capital could qualify for a “restricted” banking licence under a proposal from the industry regulator designed to
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Terra Firma Capital Corporation Reports Results for the Second Quarter Ended June 30, 2017

The decrease in net income was primarily due to an increase in interest expense from the Company's loan and mortgage syndications, an increase in
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Rehabs stabilizing market in South Side neighborhood

That's not evidence of skyrocketing home values but of the shift from a market that was heavy on bargain-priced foreclosure sales last year to resales
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​US Bank latest to open Dallas commercial banking office

The Minneapolis-based firm is the latest to establish a new commercial banking office in Dallas targeting companies earning between $10 million to
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New Street revamps lending criteria

New Street Mortgages has overhauled its buy-to-let proposition, with a number of key changes to criteria. New Street has introduced a reduced
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Mid-Morning Market Update: Markets Edge Lower; Home Depot Profit Tops Expectations

Following the market opening Tuesday, the Dow traded down 0.05 percent to 21,983.34 while the NASDAQ declined 0.23 percent to 6,325.62.
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Thousands transferred, branches closed, but no major protests in SBI

CHENNAI: India's largest lender, State Bank of India (SBI), has rationalised 716 offices (594 branches and 122 administrative offices) and several
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Banking Awards: Capital Bank's awards not a fluke – Organizers

Corporate Initiative Ghana, the organizers of the Ghana Banking Awards, has defended the performance of Capital Bank in the 2016 edition, despite
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Ten years after the banking crash no lessons have been learnt

All history now, isn't it? The credit crisis that began in August 2007, the ensuing banking crash and global recession. One bumper episode from the
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Real estate agents in Auckland call for lending rule relaxation

Demand is growing for first-home buyer house lending restrictions to be relaxed, with one real estate agency saying that Aucklanders now needed an
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Challenges and solutions to banking marijuana-related businesses

Banking marijuana-related businesses (MRBs) comes with unique compliance challenges. My company, Hypur, was founded to meet these
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Canada's banking regulator reviewing Big Six sales practices risk

Canada's banking regulator is reviewing sales practices at the country's six largest banks, focusing on the risks such tactics could pose to banks'
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CloudMargin unveils microsite for OTC derivatives

CloudMargin has set up a new microsite called FlightPlan aimed at clarifying new OTC derivatives rules around the world. The new microsite
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A-Mark Precious Metals Acquires the Assets of Goldline International

A significant number of these individuals make multiple purchases, and are ideal candidates for A-Mark's suite of value-added services, such as
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UK Housing Prices Paid

The Price Paid Data includes information on all registered property sales in England and Wales that are sold for full market value. Address details
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Howard Bancorp to acquire 1st Mariner Bank

Howard Bancorp plans to acquire 1st Mariner Bank for $163.4 million, relocating to Baltimore and creating the city's largest locally based bank.
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Old National to shutter Marshall bank

The Old National Bank closure will leave two full-service banking facilities in Marshall – First Bank, a branch of Paris-based First Bank and Trust, and a
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The Importance of Building a Branded Voice Banking Solution

As consumers increasingly rely on voice artificial intelligence (voice AI) to answer questions and make life easier, it will be important for banks and
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Cheddar Afternoon Business Update 8/14: Facebook explores real estate ads

Less than a week after Disney said it would pull its movies from Netflix, they signed a deal with Shonda Rhimes and her production company Shonda
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Can Angry Birds Avoid the Fate of the Dodo?

Rovio is planning a 1.7 billion-euro ($2 billion) IPO, according to Bloomberg News. That valuation is about 10 times 2016 revenue, twice Zynga Inc.'s
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