Los Angeles looks into what it would take to create a municipal bank

Customers in Southern California already have plenty of banking options, such as Wells Fargo, Bank of America and Chase. If one local politician has his way, Angelenos may one day also be able to stash their money with a municipal bank, funded by the city. LA City Council President Herb Wesson
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However, on the same day the Council received a letter from Housing Minister Alok Sharma which said that 'local authorities should draw on existing resources to implement these measures' and that the Goverrnment would only 'consider the removal of financial constraints for local authorities where
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A recent Realtor.com report talking about a potential housing bubble found home prices in 31 of the U.S.'s 50 biggest housing markets have recovered to boom levels or even higher. Metro Phoenix's market isn't one of them. “The Valley's median home price is hovering around $245,000, and that's still
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The fund owned 3,535,175 shares of the restaurant operator's stock after purchasing an additional 208,443 shares during the quarter. TD Asset Management Inc. owned about 1.49% of Restaurant Brands International worth $225,342,000 at the end of the most recent reporting period. Several other
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New York State Common Retirement Fund lifted its holdings in shares of WESCO International by 1.2% in the 3rd quarter. New York State Common Retirement Fund now owns 211,054 shares of the technology company's stock worth $12,294,000 after buying an additional 2,600 shares during the
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24 November 2017. The European Banking Authority (EBA) published today its tenth report on risks and vulnerabilities in the EU banking sector. The report is accompanied by the 2017 EU-wide transparency exercise, which provides key data in a comparable and accessible format for 132 banks across
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-Insight from bank executives on the impact of Ottawa's new mortgage-underwriting rules, which come into effect on January 1, 2018. Known as Guideline B-20, they require stricter stress tests on uninsured mortgages and tougher loan-to-value limits — and have the potential to constrain mortgage growth
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I am not ready to buy a house. I have virtually no money saved up for a down payment, I am terrified by the prospect of permanent roots, and, if I'm being completely honest, I still don't really understand how a mortgage works. But that doesn't stop me from browsing Zillow nightly, fantasizing about what it
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Nationals Senator John 'Wacka' Williams has told Sky News he thinks a commission of inquiry into the banking sector will go ahead. This would see an inquiry established by the parliament that reports back to the parliament. Mr Williams says it would be more transparent. However Fairfax reports the
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Product Performance Manager – Consumer Lending & Deposits. Location Bridgeport, Connecticut Job ID/ Req. Number1711438 Category Communications Full/Part Time Regular/Temporary 1st Shift. Description. Reporting to the Credit Card Product Manager, this is a role centered on meeting
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The firm owned 257,848 shares of the real estate investment trust's stock after purchasing an additional 1,812 shares during the quarter. DekaBank Deutsche Girozentrale owned about 0.06% of Crown Castle International Corporation worth $26,942,000 at the end of the most recent quarter. A number of
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Need to transfer money from Pune, India to TD Bank In Ridgewood,NJ – Let TD Helps show you how you can reach your goals.
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And last year, the West Midlands city was named the sixth best in Europe for investment prospects (London did not even make the top 10) in the PwC and Urban Land Institute Emerging Trends in Real Estate report. To see a place on the up, you only need to emerge from New Street station – “where
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The Amazon.com Inc. founder's fortune is up $2.4 billion to $100.3 billion, as the online retailer's shares jumped more than 2 percent on optimism for Black Friday sales. Online purchases for the day are up 18.4 percent over last year, according to data from Adobe Analytics, and investors are betting the
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Leads and oversees the Commercial Banking Operational Excellence Team in Canada ensuring business strategies, plans and initiatives are executed / delivered in support of the team's business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations,
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Koch Industries Inc. lifted its holdings in Mettler-Toledo International by 96,281.2% in the second quarter. Koch Industries Inc. now owns 696,836 shares of the medical instruments supplier's stock valued at $696,000 after buying an additional 696,113 shares during the period. Janus Henderson Group
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Fairfax, Virginia – November 24, 2017 – Fairfax Mortgage Investments is excited to unveil its new website design, which includes a large amount of content unique to the new site. Fairfax Mortgage Investments (FMI) is a Fairfax Mortgage broker that has always been willing to take on a wide variety of
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A member of the Kurdish People's Protection Units (YPG) walks by refugees in the village of Hawi al-Hawa on Aug. 8, 2017. Photographer: Delil Souleiman/AFP/Getty Images. Ankara, Turkey (AP) — Turkish Foreign Minister Mevlut Cavusoglu said Friday that U.S. President Donald Trump told his Turkish
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Integrity Home Mortgage Corporation (IHMC) has officially expanded to Pennsylvania. IHMC has serviced the area for years but just recently found a place to call home at 166 S. Main St., Chambersburg. “We have been given a great opportunity to serve the town of Chambersburg,” stated President and
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European banks have slashed their exposure to the UK since it voted to leave the European Union, removing €350bn of UK-related assets from their balance sheets in just 12 months. Banks across the rest of the 27 other EU countries have reduced their total assets tied to the UK from €1.94tn to €1.59tn
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