Regulators agree on Basel post GFC banking rules

US officials have argued European banks rely too much on internal models that might paint an overly optimistic picture of their balance sheet health; European officials have said the US proposals unfairly disfavour them for holding mortgages on their balance sheets, a common practice on the continent.
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Allianz, a Munich-based insurance giant, quietly emerged as one of New York's most active real estate investors over the past two years. Always a big commercial lender, Allianz started its buying spree in October 2015 with the $210 million acquisition of a 95 percent stake in 114 Fifth Avenue.
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The Fortune Global Forum wrapped up this morning in Guangzhou. You can read full coverage of the last four days here. I leave China with two big takeaways: First, there is remarkable cutting-edge innovation happening here, and Western businesses ignore it at their peril. Whether it's Alibaba
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Theresa May, U.K. prime minister, at the Eastern Partnership Summit, in Brussels, Belgium, on Nov. 24, 2017. Dario Pignatelli—Bloomberg/Getty Images. By David Meyer. 6:35 AM EST. The United Kingdom and European Union reached a breakthrough in their Brexit talks on Friday morning, after British
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Poorly written code is leaving banks at greater risk of attack and poorly prepared for big changes in the financial sector due to come into effect early next year. CAST, an organisation that reviews the quality of code for businesses, recently reviewed over 278 million lines of code and reveals that out of
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The largest real estate project filed with the city last month was a plan to revamp yet another one of the former Jehovah's Witnesses properties in Brooklyn. Developer Jeffrey Gershon plans to build a 10-story residential building at 98 Front Street, one of the many Jehovah's Witnesses buildings in
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WASHINGTON • Millions of households would no longer benefit from federal tax deductions for charity donations, mortgage interest payments and property tax under Republican tax plans being debated in the Congress, a think tank said on Thursday. The Institute on Taxation and Economic Policy,
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Looking at the indicators on shares of Freddie Mac Var RTS (FMCCL), we see that the PPO is above the signal line. Technical traders might be on the lookout for the stock to display signs of a bullish breakout. Another technical indicator that may be a powerful resource for determining trend strength is
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Nela leads Redfin's housing market research team on data reports that help Redfin customers make informed choices. She comes to Redfin from Bloomberg LP, where she served as a senior economist with Bloomberg Government. She also served in past roles in the mortgage industry, capital markets
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The fund owned 179,700 shares of the company's stock after buying an additional 152,000 shares during the quarter. Axiom International Investors LLC DE's holdings in TAL Education Group were worth $6,058,000 as of its most recent filing with the Securities & Exchange Commission. A number of
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“The old Fannie Mae- Freddie Mac hybrid public-private chartered system was the basic 'let's privatize all the profits and socialize all the losses' government scheme,” he said. “Its premise? To have two giant corporations monopolize a market and perform four critical tasks all under one roof in the name
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GUANGZHOU, China, Dec. 7, 2017 /PRNewswire/ — On December 7, 2017, at the special session “The Future of Mobility” of 2017 Fortune Global Forum in Guangzhou, China, Chairman and CEO of Inspur Group Peter Sun said that mobility's three elements, namely humans, vehicles and roads, are
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The Asian Development Bank (ADB) will boost its infrastructure support to the Philippines in the next three years to help the government build flagship infrastructure and social and regional projects, create more jobs, and advance sustainable and inclusive growth. ADB's planned lending in 2018-2020,
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PRISTINA (Kosovo), December 8 (SeeNews) – The European Bank for Reconstruction and Development (EBRD) said it is extending a 5 million euro ($5.9 million) loan to Raiffeisen Leasing Kosovo (RLKO) to support local micro, small and medium-sized enterprises (MSMEs) via an alternative credit
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Stonegate Mortgage (NYSE: SGM) is one of 26 public companies in the “Consumer Lending” industry, but how does it contrast to its peers? We will compare Stonegate Mortgage to similar businesses based on the strength of its institutional ownership, profitability, analyst recommendations, valuation,
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There's no denying that technology is changing the way how mortgage brokers deal with their clients. There are fears that brokers could lose their jobs to automation. But some firms see this as an opportunity to improve customer engagement, especially when they integrate the human touch with the
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Diversity is lacking in the top echelons of central banking globally. That matters because research has shown that diversity in group decision-making increases creativity, innovation and productivity. Within central banks, diverse committees in terms of processing information and making choices produce
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He explained: “Under financial market, Pension, MSME, Insurance and Mortgage sectors, FSS2020 has introduced some far-reaching initiatives which have helped to deepen the economy. “For example, our Payment System has tremendously improved. There is now a Central Bank of Nigeria
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Using a mortgage to buy a house gives you access to one of the best tax breaks around: the mortgage interest deduction. However, because this is an itemized deduction, you'll need to take some additional steps to make sure you can really benefit from this tax break. That's because itemizing your
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KeyBank Business Capital (Key's asset based lending group) is a growing business within KeyBank that extends credit to corporations based in large part on the company's accounts receivable and inventory collateral. This position serves as the asset based lending product specialist to qualify potential
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