Thailand set to approve banking agents amid inclusion push

Thailand set to approve banking agents amid inclusion push

The Bank of Thailand is to announce banking agent regulations next month with the goal of improving banking access and lowering transaction costs for people in remote areas. On February 19, Somboon Chitphentom, assistant governor of the financial institutions policy group, and Mathinee
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StanChart reinforces commitment to Singapore

Standard Chartered Singapore (StanChart Singapore) will be the first major international bank here to fully consolidate its local business. This means it will have to set aside more capital against banking assets soon to be held under the local subsidiary. The bank remains domiciled in Britain but has
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Baker Ellis Asset Management LLC Sells 765 Shares of Investors Title (NASDAQ:ITIC)

Investors Title logo Baker Ellis Asset Management LLC reduced its holdings in shares of Investors Title (NASDAQ:ITIC) by 14.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,512 shares of the insurance
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Airbnb CEO Brian Chesky Outlines Plans for Company to Become a Travel Industry Giant

Airbnb CEO Brian Chesky is taking big steps to change his home rental company's image as a service for booking temporary lodgings of varying quality. He wants Airbnb to guarantee to its growing number of users that their rentals meet hotel standards like clean beds and Wi-Fi so that customers avoid
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BMW settles federal suit for $2.2 million

According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average climbed to 4.40 percent, with an average 0.5 point. It was 4.38 percent a week ago and 4.16 percent a year ago. The 30-year fixed rate hasn't been this high since April 2014. The 15-year fixed-rate average
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Latvian scandal exposes weakness in European oversight

A corruption scandal rocking euro member state Latvia underscores the limits of Europe's banking supervision and is likely to lead to reforms, experts said Thursday. Latvia, which is one of the 19 countries using the euro, has launched an investigation into corruption against its top banking chief, Ilmars
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Wells Fargo's Mobile Banking Agenda for 2018

Of course, San Francisco-based Wells Fargo is not alone in this race of mobile banking, most major banks are trying to better their mobile apps. Bank of America, for example, rolled out a series of new features to its mobile app in December. BofA's mobile users, according to its Q4'17 results, is 24.2
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Penn ranked 'most attractive' school for applicants to investment banking firms

Penn was ranked as the “most attractive” undergraduate school to major investment banking firms in the 2017 Investment Banking Report released by Wall Street Oasis. Penn is the target of 3.2 percent of the recruitment and hiring efforts of major firms including Credit Suisse, Morgan Stanley, and
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Mortgage Lender

Apply for Mortgage Lender- Boise, ID job with Zions Bank in Boise, Idaho. Lending at Zions Bank.
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Brexit to shut the door on lengthy London house price boom – Reuters poll

LONDON (Reuters) – British inflation will outstrip gains in house prices this year and next, particularly in the capital, as uncertainty over Brexit and weak consumer spending power hits demand, a Reuters poll found on Friday. According to the latest quarterly Reuters poll of 33 housing market specialists,
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StanChart first major foreign bank to consolidate all Singapore operations

STANDARD Chartered Singapore (StanChart Singapore) – which has operated in Singapore for over 150 years – is due to be the first major international bank here to fully consolidate its local business into its Singapore subsidiary. The decision, announced on Thursday, will also mean having to set
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There's now a new model for forecasting Australian housing prices, and it appears to work

Sure lots of 'commentators' have given their market forecasts for 2018, but what do they base them on? While some undertake detailed research, others seem to use 'gut feel' based on their experience and yet others have vested interests, which they use to confirm the properties they're peddling.
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North Shore Bank Grows Mortgage Team for North Milwaukee Communities

BROOKFIELD, Wis. – North Shore Bank announced today that it has hired a new Mortgage Loan Officer for Milwaukee, Grafton and the North Shore, Claudio Lanza. Lanza, who has worked in the industry for more than 15 years, has held similar positions with financials. In his new position, Lanza will be
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KIYC: Mortgage company still appears to ignore NJ law with Sandy victims

Despite two previous Kane In Your Corner investigations into their conduct, a national mortgage company still appears to be ignoring New Jersey law in their dealings with a couple that survived Superstorm Sandy. Phone recordings show a representative from “Mr. Cooper” – a division of Nationstar
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Lloyds Banking Group to splash £3bn on tech

Lloyds Banking Group is to splash £3bn on IT investment, amid a major outsourcing and cost-cutting programme. In a trading update, the Halifax, Lloyds Bank and Bank of Scotland brands owner revealed its “business transformation” budget had increased 40 per cent on the previous year. It also
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East End Real Estate Firm Opening New Location In Greenport

Renovations are ongoing at 120 Front Street, where Town & Country Real Estate will open its eighth office. Town & Country is an independently owned and operated real estate firm on the East End, with more than 160 real estate agents and seven offices on the South Fork, Shelter Island and the North
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BBVA Compass bolsters its Los Angeles-area Commercial Banking office with new president …

HOUSTON, Feb. 22, 2018 /PRNewswire/ — BBVA Compass today announced that Steve Flynn has been named City President of its Commercial Banking Office in Los Angeles, where he's joined by new Relationship Manager Jon McMullen. Led by Flynn, the team will develop the bank's largest
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Dead people on title, trust issues can derail mortgages

The Mortgage Bankers Association reported a 6.6 percent decrease in loan application volume from the previous week. … What I see: Locally, well-qualified borrowers can get the following fixed-rate mortgages at one point cost: A 15-year at 3.625 percent, a 30-year at 4.125 percent, a 15-year agency
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Australia's Deputy Prime Minister Resigns Amid Sex Scandal

Barnaby Joyce quit as Australia's deputy prime minister after having an extramarital affair with his former media adviser, leading to allegations that he breached ministerial guidelines. Joyce, 50, said he will also step down as leader of the National party, the junior coalition partner in Prime Minister
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Feds seek to ban former NBRS president from banking

A permanent ban from the banking industry for Goldstein would be a stinging rebuke, considering he held management positions at financial institutions for 30 years, including at NBRS, First Bank of Frederick, and Fulton Bank, and even served on an advisory committee for the Federal Reserve.
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