UBS tightens investment banking belt as earnings slide continues

UBS tightens investment banking belt as earnings slide continues

ZURICH (Reuters) – Swiss bank UBS (UBSG.S) is axing high-paying investment banking staff after a disappointing performance at the division
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Many more US agencies could benefit from reinsurance: RAA's Nutter

Fannie Mae and Freddie Mac, the two US government-backed financial institutions that provide liquidity to the US mortgage markets by buying
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Homes.com and Real Estate Webmasters Provide Company Updates

Executives from Homes.com and Real Estate Webmasters (REW), both Diamond Sponsors of RISMedia's 2019 Real Estate CEO Exchange,
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Ritchie Torres Reaps Real Estate Cash in Bronx Congress Run

City Councilmember Ritchie Torres' bid to represent the South Bronx in Congress is raking in real estate cash, campaign finance records show.
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SLK Global hires mortgage industry veteran to lead expansion

A technology firm that provides business process transformation solutions for banks and mortgage lenders has hired another industry veteran to drive
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Homeless encampment under Marquette interchange to be evicted

With regard to relocating its inhabitants, the DOT has partnered with the Milwaukee Housing Division to transition people from the encampment to
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European banks run out of options to protect profits

Unfortunately for his investors, Martin Zielke was not referring to the prospects for Commerzbank, or the wider European banking industry: he was
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Director and company convicted for misuse of 'architect'' title

Builder Clinton Gadd and his company ABM Building Services of Crawley, West Sussex have been convicted of four counts of the criminal offence of
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Texas County allocates $150 million to Blackstone direct lending fund

Texas County & District Retirement System committed $150 million to Blackstone Real Estate Debt Strategies IV, a direct lending fund, a transaction
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Introducing Termbray Industries International (Holdings) (HKG:93), The Stock That Slid 59% In The …

For example, after five long years the Termbray Industries International … Investors in Termbray Industries International (Holdings) had a tough year,
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Trump Says Russian Syria Expansion After US Departs Is 'Fine'

President Donald Trump dismissed concerns that the U.S. withdrawal from Syria has left American-allied Kurds abandoned against the Turkish military
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Does Workday Still Deserve Its Premium Valuation?

Workday's HCM platform already serves over 40% of the Fortune 500, including heavyweights like Walmart, Target, and Bank of America. On the
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Apple and Goldman Sachs aren't reporting Apple Card information to credit bureaus and one …

This is the most affordable housing market for buyers with student debt. Americans' student debt adds up to twice the value of all homes on the market.
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US Housing Market Improved in August

August was a good month for the U.S. housing market: new and existing-home sales increased, housing starts jumped, the unemployment rate
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In A Joint Venture, Lennar, Shea Homes® And Woodside Homes Break Ground On Sunstone …

These homes will also include SheaConnect™, a suite of smart home … Lennar's Financial Services segment provides mortgage financing, title and
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The Meaning of Emmett Till

… continue to be a complicated part of our own collective story. That story is still to be continued. Ellen McGirt. @ellmcgirt · Ellen.McGirt@fortune.com
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Guaranty Home Mortgage Continues Growth

Guaranty Home Mortgage Corporation has announced the promotion of … the capital markets team as the company expands to a nationwide lender.
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FHFA chief: Fannie, Freddie needs to be strong

Federal Housing Finance Agency director Mark Calabria on the future of Fannie Mae and Freddie Mac and how he will respond if Elizabeth Warren
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Factbox: Who Might Succeed Carney to Run Britain's Central Bank?

LONDON — Speculation over who will be the Bank of England's next governor has mounted ahead of Mark Carney's scheduled departure on Jan. 31.
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"Python already replaced Excel in banking"

If you wanted to prove your mettle as an entry-level banker or trader it used to be the case that you had to know all about financial modelling in Excel.
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