UK Has a Secret Plan to Hold Brexit Cash If EU Refuses to Trade

UK Has a Secret Plan to Hold Brexit Cash If EU Refuses to Trade

Prime Minister Theresa May's team has drawn up a secret contingency plan to withhold billions of pounds in Brexit payments in order to force the European Union to give the U.K. the trade deal it wants. Senior British officials have privately discussed the idea as a fall-back option that could be used if the
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Bad bedside manner: Bank loans signed in the hospital leave patients vulnerable

Hospitals are increasingly offering “patient-financing” strategies, cooperating with banks and other financial institutions to provide on-the-spot loans to … care,” said Kathleen Engel, a research professor of law at Boston-based Suffolk University and an expert in consumer credit and mortgage finance.
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Special report: The state of housing in our mountain community

California home prices and values have been steadily increasing since 2008, according to zillow.com. In 2012, the median price for a house in California was valued at $304,000, rising in 2018 to the current median price of $525,000. In Tehachapi, prices for that same time span rose from $165,000 to
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How to get into banking when you have zero finance experience

You're a second year or third year student who wants to work in finance, but you have no finance experience. Does this exclude you from the race? Not necessarily. Investment banking is a notoriously competitive career choice, particularly if you don't have an impressive record of banking internships.
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Future unknown for cleared block

The block between Maple and Poplar and 9th and 10th Streets was cleared last month for the first time in recent memory. Neither the local press, the district building inspector, nor the Central Permit Bureau has the foggiest idea of what may be in store for one of the last large areas of completely
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RBS cuts: Mobile banking vans to be scrapped in Borders

The decision comes after the bank announced the closure of 62 branches nation-wide, including five in the Scottish Borders. RBS said it regularly reviewed its routes, based on customer usage. From 28 April, the following branches are set to lose their weekly mobile banking service: Coldstream; Paxton
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Bossier City looks to online auctions for sales of blighted properties

“At the end of the process, it goes to an auction and the successful bidder will obtain title insurance for the properties that have been sold,” Harris said. “CivicSource has married the governmental process with information technology and title insurance, in order to wrap it all up and provide a service for
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ICF International (NASDAQ:ICFI) Upgraded to Buy at ValuEngine

Zacks Investment Research lowered shares of ICF International from a “buy” rating to a “hold” rating in a report on Saturday, February 3rd. BidaskClub lowered shares of ICF International from a “sell” rating to a “strong sell” rating in a research note on Friday, January 26th. Noble Financial reiterated a
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Atlanta Community Changes Hands for $19M

Berkadia also secured a $14.3 million loan through Freddie Mac to finance the acquisition of the property. The buyer, Zavala Capital, received the seven-year loan featuring a floating interest rate, 30-year amortization schedule and 75 percent loan-to-value ratio. Located at 3214 Valley Bluff Drive, the
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Credit Acceptance Named to the 2018 FORTUNE 100 Best Companies to Work for List by Great …

Southfield, Michigan, Feb. 19, 2018 (GLOBE NEWSWIRE) — For the fifth year in a row, Credit Acceptance has been named as one of the FORTUNE 100 Best Companies to Work For. The list recognizes companies that have exceptional workplace cultures. We were ranked #61 out of the best companies
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Weinstein takes over at helm of Newtown Savings Bank

Anthony Giobbi became chief banking officer as part of the succession plan. Weinstein, an Easton resident, believes strongly in the community bank model. He has been with community banks his entire career, starting as a teller during a summer internship, and joined Newtown Savings Bank in 2011.
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How to Test Your Favorite Conspiracy Theory

This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners. To contact the author of this story: Tyler Cowen at tcowen2@bloomberg.net. To contact the editor responsible for this story: Stacey Shick at sshick@bloomberg.net. Before it's here, it's on the
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How to make a move from banking to fintech work

Of the bankers who have left the traditional financial services industry to join an established financial technology firm or a fintech startup, many have trouble making the adjustment, feel like it's not the best fit for them or simply fail to achieve the success – and enable the lifestyle – that they'd envisioned.
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Houston's hottest neighborhoods of 2018, according to real estate brokerage site Redfin

Real estate brokerage site Redfin has released its predictions for the Hottest Neighborhoods of 2018 and has named Houston's top three neighborhoods as Lawndale-Wayside, Sea Isle, and El Lago. Lawndale is located east of the East Downtown neighborhood. Sea Isle is a neighborhood technically
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Retirement Systems of Alabama Acquires New Stake in Restaurant Brands International Inc (QSR)

AGF Investments Inc. boosted its position in shares of Restaurant Brands International by 354.1% during the fourth quarter. AGF Investments Inc. now owns 551,204 shares of the restaurant operator's stock worth $33,883,000 after buying an additional 429,820 shares during the period. Candriam
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Construction to begin for Walker's Point affordable housing development

The Wisconsin Housing and Economic Development Authority (WHEDA) allocated the tax credits and is also providing $3.2 million in loans and mortgage financing. The City of Milwaukee; the U.S. Department of Housing and Urban Development; IFF and the Federal Home Loan Bank of Chicago;
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Fable Fortune leaves Early Access later this week

The Fable-based CCG Fable Fortune, which hit Steam Early Access last summer, will go into full, free-to-play release on February 22. Leading up to the launch, Early Access players will be able to pick up some free Fancy cards, and a Fancy card pack, in the “Road to Release” log-in event.
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A Japanese Electric Car Just Destroyed Tesla's 0-60 Acceleration Record

Japan-based boutique carmaker Aspark has accomplished what until recently seemed impossible: creating a street-legal electric car that goes from 0 to 60 miles an hour in barely over 1.9 seconds. The car, called the Aspark Owl, destroys the acceleration of most of the world's most expensive
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Ex-Lionhead devs' collectible card game Fable Fortune leaves Early Access this week

Fable Fortune, the collectible card game set in Lionhead's Fable universe, will leave Early Access and launch as a free-to-play Xbox One and PC title on Thursday February 22nd, developer Flaming Fowl Studios has announced. Fable Fortune entered Early Access last July on Xbox One and PC, and
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Need a place to live?

“The performance of the Kingsport-Bristol housing market has and continues to be a consistently viable part of the metro area's economy,” said Aaron Taylor, president of the Northeast Tennessee Association of Realtors. “We see continued jobs growth and the new home market as adding to the vitality
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