Sarabjit "Ruby” Walia Appointed Head of Digital for HSBC's US Retail Banking and Wealth …

Sarabjit "Ruby” Walia Appointed Head of Digital for HSBC's US Retail Banking and Wealth …

HSBC Bank today announced that Sarabjit “Ruby” Walia was appointed Head of Digital for its US Retail Banking and Wealth Management Group (RBWM). Walia is responsible for setting the strategy, operating model and performance standards for HSBC's digital channels in the US and Canada. He will
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Singapore Boasts It's Beating Hong Kong to Be Asian Business Hub

Hong Kong has become more “China-centric,” enabling Singapore to take the lead when multinational companies look to set up their Asian headquarters in the region, according to the country's Economic Development Board. With Hong Kong becoming more focused since 1997 on servicing the
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Ecuador Cuts WikiLeaks Founder Julian Assange's Internet at Embassy

Assange frequently tweets more than a dozen times a day, sharing news stories and comments that often focus on global politics and digital security issues. In recent days, Assange had criticized Germany's detention of former Catalan president Carles Puigdemont. He wrote that the European arrest
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Govt's housing schemes do not distort market

KUALA LUMPUR: Bank Negara Malaysia (BNM) said yesterday the affordable housing schemes offered by the government through initiatives like the 1Malaysia People's Housing Scheme (PR1MA) do not distort the local property industry. Institute for Democracy and Economic Affairs (Ideas) senior
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IMLA: Lending set to rise for eighth straight year

Gross mortgage lending in 2018 is predicted to rise for the eighth year in a row to reach the highest level since 2007, according to the Intermediary Mortgage Lenders Association's (IMLA) fifth annual market review and forecast. IMLA said that falling inflation will underpin sentiment despite Brexit
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Invesco Mortgage Capital Inc (NYSE:IVR) Position Boosted by Swiss National Bank

Swiss National Bank increased its holdings in Invesco Mortgage Capital Inc (NYSE:IVR) by 2.8% during the 4th quarter, according to its most recent Form … In other news, CFO Richard Lee Jr. Phegley acquired 1,750 shares of the firm's stock in a transaction that occurred on Wednesday, February 28th.
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loanDepot debuts prime jumbo mortgage deal

Credit Suisse and Bank of America Merrill Lynch are joint leads on the $300m Mello Mortgage Capital Acceptance 2018-MTG1. loanDepot last issued a securitization in 2015. That deal was backed by consumer loans and structured byJefferies. According to a presale from Moody's Investor Service, .
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Singaporeans spending fortune on cosmetic surgery for pet arowana fish

(File pix) An arowana at the home of Kenny Lim, a local hobbyist, in his aquatic menagerie of stingrays and arowanas, in Singapore, March 22, 2018. The New York Times/Todayonline Photo. By TODAY ONLINE – March 29, 2018 @ 9:39am. SINGAPORE: Eugene Ng jabbed a pudgy finger against the
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Taiwan rises as China reins in foreign spending

Within the first two hours of Art Basel in Hong Kong's (ABHK) opening on Tuesday, Lévy Gorvy gallery had sold a 1975 painting by Willem de Kooning with a $35m price tag, making it the most expensive purchase ever reported at the fair. The abstract canvas was sold by the Microsoft co-founder and
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Is COSCO Shipping International (Singapore) Co Ltd. (SGX:F83) Undervalued?

Great news for investors – COSCO Shipping International (Singapore) is still trading at a fairly cheap price. According to my valuation, the intrinsic value for the stock is SGD8.28, but it is currently trading at S$0.47 on the share market, meaning that there is still an opportunity to buy now. However, given
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Real estate acquisition preps Chaminade for expansion

“The Saticoy property is a rare find for our school community,” said Robert Webb, Chaminade president. “The acquisition of this property allows us to think boldly and creatively about our future facility and programmatic needs of our students. “In concert with our new strategic plan, we will envision our
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Home-Selling Can Come With $18000-Plus Price Tag

“From decluttering and staging to pre-inspections, agents and homeowners often spend months behind the scenes prepping a home—well before it's listed on the market,” Wacksman says. “If you're planning to sell this year, try to take some time to research what costs you may be responsible for and
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Chilean Cryptocurrency Exchanges Seek Clear Regulations After Banks Shutter Accounts

Two Chilean cryptocurrency exchanges, BUDA and Crypto MKT, recently saw a number of banks in the country shut down their accounts for dealing with cryptocurrencies. In response, the companies decided to call on the country's banking association, Asociación de Bancos e Instituciones Financeras
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Multifamily Trends May Herald Bigger Senior Living Units

As baby boomers move out of suburban homes, many are flocking to multifamily rentals, especially high-end apartments in urban areas, according to Mark Culwell, managing director of multifamily development for privately held real estate services company Transwestern. “Everybody realized that the
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Groupon Apologizes After a Racial Slur Was Used to Describe Boots Listed on the Site

“We are appalled that this language was displayed on our site,” a Groupon spokesperson told Fortune. “This product description was provided by a third-party seller via our self-service platform. Regardless, this is completely unacceptable and violates our policies — to say nothing of our values.
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Tesla Bonds Are in Free Fall

In August, they lined up for the chance to finance Tesla Inc.'s ambitious rollout of its Model 3 sedan. Wooed by Musk's personal appeals, bond investors pretty much ignored the carmaker's prolific cash burn and repeated failures to meet production targets and lent it $1.8 billion at record-low interest rates.
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Pending home sales increase for first time in three months

A gauge of signed contracts to purchase previously owned homes increased in February for the first time in three months, highlighting uneven progress in the industry, according to data released Wednesday from the National Association of Realtors in Washington. The index rose 3.1%
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Amazon Loses $53 Billion in Market Value, Becoming FAANG's Biggest Loser

Benjamin Mandel of JPMorgan Asset Management and Bloomberg's Elena Popina discuss the fall of Facebook stock. … Facebook Inc. gave up the top loser spot to Amazon.com, which lost $53 billion in market value on Wednesday after Axios reported that President Donald Trump is “obsessed” with
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Orchid Island Capital And Cherry Hill Mortgage Investment: MBS Pricing For Q1 2018

The focus of this article is to provide readers fixed-rate agency mortgage-backed security (“MBS”) price movements during the first quarter of 2018 (through 3/23/2018). This includes pricing for both 15- and 30-year fixed-rate agency MBS holdings. Due to the constant fluctuations of mortgage interest
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Housing groups sue Facebook for allegedly allowing landlords, real estate companies to discriminate

In the lawsuit, filed Tuesday in federal court in New York City, several fair housing groups accuse Facebook of allowing landlords and real estate companies to illegally tailor their advertisement audiences on the basis of sex, family status, number of children and other factors. This practice, the housing
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