SoFi, the online lender, is talking to Anthony Noto, chief operating officer at Twitter, about becoming the permanent replacement for Mike Cagney, the founder and former chief executive who left last year amid accusations he had fostered a boorish workplace culture. Mr Noto, a former Goldman Sachs
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Speculation of another round of cost-cutting at its investment bank helped Barclays outperform on Monday. Investec turned positive on Barclays with a 215p target price, which helped the stock creep 0.5 per cent higher to 195.5p. âThings can't go on like this,â the broker told clients. A month of
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Facebook stock took a hit after the social network announced massive changes to its news feed. And no one felt that hit more than Mark Zuckerberg. The founder and CEO of Facebook owns over 400 million shares of the company, meaning stock fluctuations hit him the hardest. The trick is figuring out
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The shuffle at CMHC comes amid rapid changes in the Canada mortgage market. The government is trying to reduce taxpayer exposure to the market and has implemented a slate of new regulations to curb rising home prices and household indebtedness, including stress tests that went into effect this
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But US retailer Target, which had more than 40 million customer credit card details stolen in 2013, had to fork out $279m in total as a result of the breach, says specialist insurance market Lloyd's of London in a report compiled with consultancy KPMG and international law firm DCA Beachcroft.
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Consumers set the trend in 2017, choosing to purchase larger SUVs and pickup trucks. The change in buying lead to a 2.2% decline in the Lordstown made Chevy Cruze. Overall, however, GM sales of all vehicles were up 2 percent for the year, according to the automaker. GM said it set new annual
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The decision made by the University of Texas at Austin is a rare setback for the Chinese Communist Party's campaign to soften global perceptions of the country by funding research programmes at universities around the world, sponsoring cultural initiatives and expanding its international media reach.
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Recently, my company crafted a report for the US Securities and Exchange Commission that summarizes progress on Title III of the JOBS Act of 2012, also referred to Regulation Crowdfunding or Reg CF. This newest securities exemption was added to the options that smaller companies could utilize to
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Vladimir Putin's finance ministry wants to let cryptocurrencies trade on official Russian exchanges. Kim Jong Un's hackers are stealing digital cash. Nicolas Maduro hopes a cryptocurrency backed by oil will lure investment back to Venezuela. All three leaders are wading into the crypto-craze as their
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T op officials from the Central Bank of Iran and Turkey along with senior bankers met in Tehran on Sunday to discuss new ways of developing banking relations between the two neighboring states. Leading the talks were Ahmad Araqchi, CBI's deputy for foreign exchange affairs, and Murat Uysal, vice
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Shares of Federal National Mortgage Association (OTCMKTS:FNMA) traded down $0.04 during trading on Friday, reaching $2.15. 3,390,522 shares of the company's stock traded hands, compared to its average volume of 5,840,000. The company has a market capitalization of $2,490.00, a PE ratio of
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In most of China, the economy is powering through Xi's borrowing bottleneck, with economists surveyed by Bloomberg projecting the nation's gross domestic product grew 6.8 percent last year, the first annual acceleration in seven years. But for less-developed areas like Gansu the story is not so simple.
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It's a holiday in the U.S., but if you're feeling gloomy nonetheless, you're hardly alone. Besides being Martin Luther King, Jr. Day, today is also Blue Monday, a day many believe to be the most depressing day of the year. The term got started in the 2005. Dr. Cliff Arnall, a South Wales lecturer, determined
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Our Connellsville location is committed to providing banking services to the local community of Fayette County. Learn more about our location here.
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CAI International logo CAI International (NYSE:CAI) was upgraded by Zacks Investment Research from a âholdâ rating to a âbuyâ rating in a research report issued on Tuesday. The firm presently has a $34.00 target price on the transportation company's stock. Zacks Investment Research's price target
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“The big news is that Gary Keller is number one, and a big reason is that Keller Williams is now the largest real estate brand by sales volume, not just agent size. That's a big move,” said Aman Daro Vice President, Marketing of T3 Sixty. “There was lots of other movement, including leaders of innovative
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The Consumer Financial Protection Bureau said Tuesday that it plans to reopen its payday lending rule, issuing the announcement on the same day that the rule â written by the bureau's previous leadership â technically went into effect. “The bureau intends to engage in a rulemaking process so that
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Mike Dunn, a spokesman for Philadelphia, said the city âlooks forward to developing further evidence of Wells Fargo's alleged discriminatory practices.â The lawsuit is one of several against big lenders by major U.S. cities claiming that mortgage lending discrimination causes more defaults by minority
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Mortgage brokers are pointing to early signs of the major banks opening the door to more low-deposit borrowers in the wake of an easing in home-loan restrictions. On January 1 the Reserve Bank increased the cap on banks from 10 per cent to 15 per cent of lending to home buyers with a deposit of less
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Mortgage rates didn't move much today. Most lenders were just slightly lower/better this morning, but mid-day market weakness prompted several of them to reissue higher rates. In the bigger picture, however, the past several days represent a welcome stint of relative calm. The general trend had been
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