Saudi's $19 Billion Stimulus Will Prioritize Housing and Small Business

Saudi's $19 Billion Stimulus Will Prioritize Housing and Small Business

Saudi Arabia on Thursday unveiled a 72 billion-riyal ($19.2 billion) program to bolster private-sector growth in 2018, with money to support housing construction as well as fee waivers for small businesses, Commerce and Investment Minister Majid Al-Qasabi said. The package, part of a four-year
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How Much Could Deutsche Bank Potentially Pay To Acquire Commerzbank?

With U.S. private equity group Cerberus acquiring a 3% stake in Deutsche Bank last month, rumors about a Deutsche Bank-Commerzbank merger have picked up steam once again, as Cerberus is also one of the largest shareholders in Commerzbank with a 5% stake. We believe that a merger between
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Borrowers beware: These mortgage rules could soon get a face-lift

Loans have to meet certain standards and there are many rules lenders and servicers have to follow. But after a shakeup in leadership at the Consumer Financial Protection Bureau, the future of some policies is uncertain. Here's why: The new acting director of the CFPB, budget director Mick Mulvaney,
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First american corporation subsidiaries

com. Toggle navigation. M CORELOGIC, INC. We can help you build your business and referrals without the expense of advertising. The Title Insurance and Services segment issues title insurance policies on residential and commercial property, as well as offers related products First American Title
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Should You Buy Photo-Me International plc (LON:PHTM) Now?

Photo-Me International plc (LSE:PHTM), a leisure company based in United Kingdom, saw a decent share price growth in the teens level on the LSE over the last few months. As a stock with high coverage by analysts, you could assume any recent changes in the company's outlook is already priced into
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EU leaders to make banking union, bailout fund priorities in euro zone overhaul

The first two are the development of the euro zone bailout fund ESM and making it a backstop for the euro zone's bank- resolution fund in an emergency — an idea that has been on the cards since 2013. With no near-term prospect of a crisis, the issue is no longer controversial. Turning the bailout fund
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Banking mogul buys Time Inc.'s Golf magazine

Banking and real estate mogul Howard Milstein, expanding his golf-related holdings, has purchased Time Inc.'s Golf magazine and golf.com website. While Time Inc. has not yet announced the deal, staffers at the monthly magazine were told of the pending deal on Monday, according to
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EU Draws Brexit Battle Lines for Banks

The bloc's leaders will say on Friday that they will “calibrate” their approach to the future relationship in light of the decision to leave the single market and the customs union, according to a draft of their conclusions obtained by Bloomberg. They will also invite the U.K. to lay out its plans for the future
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Interserve seals £180m lending deal for extra headroom

Debbie White, Interserve's chief executive, said the agreement provided more room for discussions with the lenders, with a view to securing its longer-term funding. The new facilities totalling £180m, comprise a £38m committed revolving credit facility, £37m of committed ancillary facilities, committed
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Housing market unconvinced activity will gain impetus: RICS

The November RICS UK Residential Market Survey results are again indicative of subdued momentum in the housing market, although after deteriorating in recent months, activity appears to be stabilising to some extent. Its data shows the near term outlook for prices and sales is now broadly flat, with
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Pennsylvania Secretary of Banking and Securities Wiessmann Elected to National Regulatory …

CSBS is a Washington, DC-based association of state financial regulators from all 50 states, American Samoa, the District of Columbia, Guam, Puerto Rico, and the U.S. Virgin Islands, which supervise state-chartered financial institutions and non-bank financial services providers, including mortgage
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Banking on the Wells Fargo Tax Windfall

For Wells Fargo & Co., is the worst over? The scandal-plagued bank's recent stock revival suggests yes, maybe it is. But even if there are more revelations to come, there's a good chance that the shares may hang onto its gains. While it continues to lag rivals and the benchmark U.S. bank index since last
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Banks, insurance companies under lens for inflated tax credits

“Many banks and companies had put their expansion plans on hold until GST was rolled out July 1 to benefit from input credit,” said one of the persons quoted earlier. This has resulted in a huge surge in credits claimed by such banks and companies. In many cases — mainly for telecom companies
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Santander to buy Deutsche Bank Polish retail units

Santander said the deal includes Deutsche Bank's retail and private-banking business in Poland, its small-and-medium enterprise business, asset-management arm and sales network–with 113 branches and about 1,500 employees. The acquired business has EUR4.4 billion in assets, with total loans
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Lending Administration – Multiple Roles Available – Start ASAP

job description. The Opportunity. We currently are recruiting multiple opportunities across multiple divisions within one of the Big 4 Banks. This opportunity will give you exposure to different aspects of the lending world dealing with customers in relation to lending products. We are constantly recruiting in
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American International Group Inc. Has $10.29 Million Position in ARRIS International plc (ARRS)

Ameriprise Financial Inc. raised its holdings in ARRIS International by 2.7% during the third quarter. Ameriprise Financial Inc. now owns 5,385,138 shares of the communications equipment provider's stock worth $153,423,000 after purchasing an additional 140,548 shares in the last quarter. Quantbot
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Royal Bank Of Canada Vs. Toronto-Dominion: Which One Should You Own?

Royal Bank of Canada and Toronto-Dominion Bank are the most widely- held Canadian banks among US-based investors. Both stocks have been traditionally viewed as solid investments due to their leading positions in the Canadian banking market, which essentially remains an oligopoly.
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Indiana Dept. of Agriculture Sets Sights on Growing Access to International Markets

(INDIANAPOLIS) — International trade continues to be critical for food and agricultural companies in Indiana. … Warner's other roles include organizing trade missions, hosting international buying delegations, and representing Indiana agricultural companies at domestic and international trade shows.
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IQ 50% Hedged FTSE International (HFXI) CMF Showing Increased Buying Pressure

IQ 50% Hedged FTSE International (HFXI) is seeing positive money flow as the Chalkin (CMF) indicator is holding above the zero line. The Chaikin Money Flow Indicator is an oscillator developed by Marc Chaikin. An oscillator is an indicator that is used as a counter trend showing when the market is
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John Turner named Regions Bank president

John M. Turner Jr. is the new president of Regions Bank and Regions Financial Corp., the bank's holding company. Turner, 56, replaces Grayson Hall, 60, who remains chairman and CEO. Hall was named president in 2009 and became CEO in 2010 and Chairman of the Board of Directors in 2013.
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