Report: Amazon Researching A Banking Product

Report: Amazon Researching A Banking Product

Amazon could be looking to partner with major Wall Street banks like JPMorgan Chase & Co. (NYSE: JPM) to offer its clients a “checking-account-like” service, CNBC said. Doing so would expand Amazon's portfolio beyond its core e-commerce platform — which already includes grocery stores and most
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Foreign Demand for Spanish Real Estate surged in Q4 2017, with Brits back in greater Numbers too

According to the latest figures available from the Spanish Land Registrar's Association for the final quarter of last year, foreign demand for Spanish residential real estate grew sharply, as British buyers returned in considerable numbers. Spain's overall housing market expanded by 19.8% in the last
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Strobl lights up Raiffeisen's recovery

At present, international equity buyers looking to gain exposure to the Russian banking sector are limited to state-owned giants Sberbank and VTB, consumer finance specialist Tinkoff and increasingly Kremlin-adjacent private-sector lender Credit Bank of Moscow. “Raiffeisen's Russia franchise is very
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UPDATE 1-Norway's housing prices rose 0.4 pct S/A in February

Even if the start of the year has been weaker than normal, prices are no longer declining,” Chief Executive Christian Vammervold Dreyer said. “It looks like the market has gained a better balance in many cities than we've seen for a long time,” he added. Unadjusted prices rose by 1.1 percent in February
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Is Buying KUEHNE & NAGEL INTERNATIONAL AG SCHI (OTCMKTS:KHNGF), Having Lower …

The stock of KUEHNE &amp NAGEL INTERNATIONAL AG SCHI (OTCMKTS:KHNGF) registered a decrease of 0.01% in short interest. KHNGF's total short interest was 666,800 shares in March as published by FINRA. Its down 0.01% from 666,900 shares, reported previously. With 100 shares average
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'League Of Legends' Dreadnova Miss Fortune Legendary Skin Teaser

Last week, Riot Games released a League Of Legends teaser for a new Miss Fortune Ultimate skin. The “Fortune Industries” file talked about a new “exosuit” and that this bounty hunter needs to capture Bullet Angel Kai'Sa. Fans speculated it was a new skin for MF, the bootylicious buccaneer, but there
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What Trump's tariffs could mean for the housing market

The Trump administration has already imposed duties of as much as 21 percent on Canadian lumber, which accounts for about a third of the softwood used in home construction in the U.S. According to Bloomberg, lumber prices are up more than 30 percent. The levies the president announced last
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'Strategic Security': Why Iraq Needs Russia's S-400 Missile Systems

He added that “many in the region and beyond are opposed to Baghdad buying Russian anti-aircraft systems.” “Their motives are clear: Iraq has become stronger since its victory over Daesh*. The country's regional strength and influence are growing, so the question arises, of how strong Iraq will be
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Italian banks bear brunt of inconclusive election

MILAN (REUTERS) – Investors dumped Italian bonds and banking stocks on Monday (March 5) after a national election delivered a hung parliament and turned the anti-establishment 5-Star Movement into the country's largest single party. The possibility of power passing to a more eurosceptic coalition,
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Warren Buffett real-estate company broadens global reach

New York — A real-estate company controlled by Warren Buffett's Berkshire Hathaway is broadening its global reach, announcing on Monday its first international franchisee, Berlin-based Rubina Real Estate. Berkshire Hathaway HomeServices called Rubina an ideal fit for its network, which its parent
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Mortgage Company of Canada Appoints Faheem Tejani as President

TORONTO, March 5, 2018 /CNW/ – Mortgage Company of Canada (the “Company”), a Toronto-based Mortgage Investment Corporation (MIC), is pleased to announce that Faheem Tejani has joined the Company as President, effective today. Mr. Tejani is a seasoned financial executive with 20 years of
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Direct Private Mortgage Lending and Investors

Unlike other mortgage agents who do not have their own Lenders, I have my own Private Lenders who lend on and to: -1st Mortgages -2nd Mortgages -Business For Self -Construction Financing -Debt…
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Publix grew its real estate portfolio significantly in 2017 — and won't slow down in 2018

Publix Super Markets Inc. continued its real estate buying spree in 2017, adding dozens of new stores and shopping centers to its portfolio. At the end of 2017, the Lakeland-based grocer owned or controlled via ground lease 371 of its 1,167 stores, according to its annual report released March 1.
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Black Knight's Mortgage Monitor: Homes in Lowest Price Tiers Continue to See Greatest …

JACKSONVILLE, Fla., March 05, 2018 (GLOBE NEWSWIRE) — Today, the Data & Analytics division of Black Knight, Inc. (NYSE:BKI) released its latest Mortgage Monitor Report, based on data as of the end of January 2018. This month, Black Knight looked at the impact of recent interest rate rises on
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There's nothing to fear about modest banking reform

The United States financial system is in desperate need of reform. The hundreds of new rules and regulations imposed by the Dodd-Frank Act have devastated the nation's banks, with compliance costs nearing 83 million paperwork hours and $39 billion. While big banks with armies of lawyers can
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26% of UK respondents expect to buy an alternative fuelled car by 2024

26% of 2,000 UK car buyers are expecting to purchase an electric or hybrid vehicle within six years, 45% of which cited that electric is better for the environment, according to a study conducted by Motorway.co.uk. The inquiry showed that 11% are planning on selecting an electric car while 15% are
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League of Legends Teasers Potentially Point to a New Miss Fortune Skin

An image of a champion with two guns and fiery red hair – both traits that point towards Miss Fortune – was posted on these accounts with the champion facing a wall that appears to be full of crossed-out “wanted” posters. The champ is outfitted in what appears to be a futuristic suit alongside the
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Mortgage Rates on Fixed Loans Keep Rising

Mortgage rates on fixed loans continue to march higher after Federal Reserve Chairman Jerome Powell offered up optimistic commentary on the state of the economy in testimony to Congress last week. As result of his bullish stance, for the week ending March 1, the interest rate on a 30-year fixed-rate
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The UK 'Youthquake' Was All About the Rent

The housing market has always played a role in U.K. politics, and in the British mindset more generally. While Americans have traditionally invested in stocks, Britons have prized real estate. And surging prices have normally been a vote winner. Perhaps the most noted example of this was in the 1980s,
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Competition may force CMBS issuers to pursue higher LTV loans

Growing competition may prompt commercial mortgage-backed securities issuers to accept higher loan-to-value ratios in their deals. “Many market participants believe that increased conduit leverage is required for the CMBS market to effectively compete for future commercial real estate loans and
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