RBA joins in bank bashing as ASIC ponders CBA legal action

RBA joins in bank bashing as ASIC ponders CBA legal action

Reserve Bank governor Philip Lowe has launched an attack on Australia's banking sector, slamming it for its short-term profit mindset and cultural
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Bezos Falls to No. 3 After Selloff Erases $2 Billion of His Fortune

Bob O'Donnell, Technalysis Research president, and Bloomberg's Brad Stone discuss the outlook for Amazon.com Inc. with Bloomberg's Emily Chang
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Park real estate once proposed for climbing gym may be leased rather than sold

A prime parcel of park real estate on the north shore of the Spokane River may be leased to a private developer. The development comes after the city
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VIX's Highest Close Since Election Sparks Record Rush to Protect

The biggest selloff in U.S. equities since May sparked an unprecedented rush for protection in the options market. About 2.6 million puts and calls tied
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Paper Gives Guidance About Structuring Real Estate Investments in DC Plans

As a general matter, DC Direct Real Estate product structures should accommodate the unique considerations that are important to DC plan fiduciaries
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Is technology changing what banks do, or just how they do it?

Banking is one of the most traditional industries in the world. It is staid and often dull, and most people like it that way. They want their banks to be a bit
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Pavaso helps Nevada welcome first residential hybrid eClosings

Nevada is the latest state to welcome residential hybrid eClosings, partnering with mortgage technology provider Pavaso to help three Nevada
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Has DB Cooper's fortune been found at last? 'Parachute strap' may reveal where daring criminal …

Just a few packs of money were found but nobody had any idea where the rest of his fortune went – until now, the investigators told Fox News.
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Singapore GDP Growth Beats Forecasts on Strong Trade Rebound

Singapore's economy posted faster growth in the second quarter than previously estimated by the government as a recovery in global trade helped to
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Trump Warns North Korea: 'Fire and Fury' May Not Be Tough Enough

President Donald Trump warned North Korea again on Thursday not to strike Guam or U.S. allies, saying his earlier threat to unleash “fire and fury” on
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Home Prices Up, Mortgage Rates Down

Fluctuating mortgage rates assist in offsetting high home prices, but with housing affordability at the lowest level since the third quarter of
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Equitable Group Reports Second Quarter 2017 Results and Increases Dividend

Commercial Lending mortgage principal at June 30, 2017 was $2.8 billion, up 16% from $2.4 billion a year ago. Originations were $202 million, down
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Credit Manager, Private Banking

Engaging and liaising with the Banks internal Legal department and where necessary external professionals to ensure the Banks position is protected
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Transactions: Texas Skilled Nursing Portfolio Lands $27.6 Million in Financing

Hunt Mortgage Group, a national commercial real estate financing firm, provided a $27.6 million loan to Senior Living Properties, LLC to refinance
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Snap CEO Evan Spiegel Makes A Case For Slow User Growth

Snap CEO Evan Spiegel doesn't want Snapchat to become more of a global hit, at least not yet. The social messaging company's CEO tried to
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Nordstrom Gains After Surprise Sales Growth Reassures Investors

Nordstrom Inc. posted a same-store sales gain of 1.7 percent in the latest quarter, well ahead of the 0.5 percent decline predicted by analysts.
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Google CEO Cancels Town Hall on Anti-Diversity Memo

Google CEO Sundar Pichai cancelled a company-wide meeting on gender issues Thursday shortly before it was scheduled to begin. The last minute
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Mining Companies Built on Wildcat Culture Now Want to Share Risk

Swashbuckling gamblers abound in the mining business, where billions are spent searching for mother lodes in some of the most inhospitable places
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Kim Weighs Dangerous Path to Nuclear Respect for North Korea

Crises triggered by it blasting off a new weapon or crossing a nuclear research threshold would end with western powers and concerned neighbors
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Stolen 1MDB Funds Are Focus of US Criminal Investigation

The U.S. is moving forward with a criminal investigation into money stolen from a Malaysian state investment fund that allegedly was used to acquire
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