'Nobody wants to be the Catholic Church at a royal commission': bank sins laid bare

As the banking royal commission starts rolling out examples of bad behaviour, many of the bankers and their lawyers are working hard to make sure they are not on the wrong side of history. “Every royal commission needs a Catholic Church and nobody wants to be the Catholic Church in a royal
See Original Article

As a result, many investors might have overlooked the fact that there are now solid dividend names in the sector. Itau, a Brazilian … Without any doubt, for the past twenty years, international investors have been buying LatAm banks as a bet on rising credit penetration in the region. As a result, the market
See Original Article

Women are paying up for clothes. U.S. apparel prices jumped for the second month in February, the biggest back-to-back advance in nearly three decades, led by women's items. All women's apparel categories advanced, with footwear prices jumping the most since September 2000, and outerwear,
See Original Article

Recent comments by Office of the Comptroller of the Currency (OCC) head Joseph Otting seem to have sealed the fate of the US leveraged lending guidelines, which were introduced by the organization he leads, the Fed and the Federal Deposit Insurance Corporation in 2013. Those guidelines
See Original Article

Hill International Inc (NYSE:HIL), a professional services company based in United States, saw a double-digit share price rise of over 10% in the past couple of months on the NYSE. Less-covered, small caps sees more of an opportunity for mispricing due to the lack of information available to the public,
See Original Article

“The strength of the 30-year auction despite a persistent rally speaks to the depth of demand for the long-bond and reinforces our own conviction that the 5s/30s curve will continue to flatten,” BMO Capital Markets strategist Aaron Kohli wrote in a note. With the week's U.S. debt sales out of the way, the
See Original Article

The best players in the world gather every March in our beautiful desert to play some of the most exciting and challenging tennis you'll ever see. But did you know that everyone involved with the BNP Paribas Open has much more on their minds than just the game? It turns out, their hearts are also
See Original Article

Management indicates that plans to deleveraging balance sheet and has hired Key Bank to advise on strategies. Management indicates General & Administrative management, aka staff reductions. Potential strategies include real estate asset sales and may include a company sale. Short run objectives
See Original Article

The housing market bounced up in February with the volumes of homes sold running ahead of February last year and prices also improving versus January, according to the Real Estate Institute of New Zealand. The REINZ recorded 6373 residential property sales in February, up 1.2% compared to
See Original Article

To give an idea of the likely costs for buying a 35 per cent share in a two-bedroom house valued at £142,500, the rent plus mortgage plus service charges would equate to roughly £530-a-month. This is based on paying a deposit of approximately £5,000.A number of the homes have already been
See Original Article

Home furnishing industry is poised to grow in the upcoming years. The Freedonia Group forecasts household furnishings demand to reach $34.9 billion in 2021. According to the report, improvements in the residential housing market and improvement in disposable personal income will boost sales.
See Original Article

The long-term loan was secured through Freddie Mac featuring an index rate lock at loan application and five years of interest-only payments. Horizon acquired the asset from Chase Crossing LLC for an undisclosed price. Phil Oester, Joe Nydahl and Josh McDonald of CBRE's Portland office
See Original Article

For Nationstar Mortgage Holdings Inc, irrespective of whether the earnings move was up or down, if we waited two calendar days after the stock move, and then sold a one-month out of the money put spread, the results were simply staggering. We use two-days to allow the stock to fully reach equilibrium
See Original Article

The former owner of a New Jersey title company will spend the next 12 years in prison after being convicted of defrauding banks out of $1.1 million by using fake loan applications for residential … According to court documents, Andreotti was the owner and operator of Metropolitan Title and Abstract.
See Original Article

House-hunting season in Illinois is around the corner, but real estate agents say property taxes are putting a damper on sales. Real estate agents in Illinois say they often see homes going undervalued or not selling because they carry a hefty price tag for local government. In Rockford, where property
See Original Article

Apply for Administrator, Securities Lending (LUX) – 12 months contract job with RBC in Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia. Finance | Accounting at RBC.
See Original Article

The Georgetown County Sheriff's Office is asking for help finding a couple from Hampton County wanted for stealing money as part of a home mortgage scheme. Darnel Altonia Stokes, 46, and Daisy Green-Stokes, 41, both of Hampton County, S.C., are wanted on charges of felony larceny, according to
See Original Article

Mortgage rates fell today following a tame read on inflation as well as the announcement of Rex Tillerson's departure from the White House. The Consumer Price Index–the most widely followed economic report on consumer-level inflation–showed prices moving up 0.2% in February (rounded up from
See Original Article

Israeli institutional investors will soon have the chance to bet on the continued success of the country's television producers to come up with more international hits like “Fauda.” Keshet International, the global production arm to the Israeli broadcaster, said Tuesday it had formed a $55 million fund with
See Original Article

New mortgage lending declined in the last quarter of 2017, but still remained up on the year, according to new figures released by the Bank of England and the Financial Conduct Authority. The official figures show that £69.1bn of new residential mortgages were advanced in the last three months of the
See Original Article