UPDATE 1-Denmark to review EU banking union plans

UPDATE 1-Denmark to review EU banking union plans

COPENHAGEN, July 4 Denmark will review proposals to join the EU's banking union, it said on Tuesday, as Copenhagen's role as a financial centre
See Original Article

Risk-averse banks cut correspondent relationships by 6%

LONDON, July 4 (IFR) – Banks that are worried about breaching anti-money laundering and other compliance rules have axed the number of
See Original Article

Ceat named title sponsor for Ultimate Table Tennis

Mumbai, July 4 (IANS) Tyre manufacturing company Ceat has come on board for Ultimate Table Tennis (UTT) competition as title sponsor, it was
See Original Article

Looking beyond the second charge myths – Maeve Ward

Firstly, it's been said that the second charge mortgage market isn't growing. However, the Finance and Leasing Association (FLA) reported just two
See Original Article

Top LAD: Camden named one of the least affordable local authority districts for first time buyers

Camden is the fourth most unafforable borough for first time buyers (FTB), with house prices now 11.8 times average earnings according to Halifax.
See Original Article

Trump's America Isn't Any More Independent Than Obama's

When President Donald Trump took office, many expected him to usher in a new “independent” U.S. foreign policy, breaking the bridges forged by
See Original Article

Danish c.bank welcomes review of possible EU banking union membership

Danish c.bank welcomes review of possible EU banking union membership … “A strengthened supervision of European banks and joint resolution
See Original Article

China's PBOC says shadow banking sector lacks sufficient regulation

BEIJING, July 4 (Reuters) – China's central bank said on Tuesday the country's shadow banking sector lacks sufficient regulation and it would give
See Original Article

Oppenheimer Asset Management Inc. Acquires New Stake in IBERIABANK Corporation (NASDAQ …

Oppenheimer Asset Management Inc. bought a new position in IBERIABANK … Vanguard Group Inc. now owns 4,089,357 shares of the bank's stock worth … Lenders Title Company, an Arkansas-chartered title insurance and closing
See Original Article

Prime London housing market stalls as owners struggle to sell

More homes are being withdrawn from the market in central London than are being sold, in the latest sign of a depressed housing market in the capital
See Original Article

G20 watchdog says no let up in correspondent banking decline

Banks have been pulling out of the business for a variety of reasons from not making enough money to industry consolidation to the fear of falling foul
See Original Article

Fancy some free cash with that? Why you should ALWAYS be wary of free stuff from your mortgage …

Mortgage lenders aren't daft and have long realised that by offering some sort of freebie, some kind of thrown in extra, they can attract our business.
See Original Article

UBS Wealth Unit Recommends Buying Gold Near $1200 for Insurance

A gold bar weighing 12.5 kilograms sits inside a deposit box in the vault of gold vendor ProAurum in Munich, Germany, on Tuesday, Aug. 23, 2011.
See Original Article

VW Follows Peugeot, Boeing Into Iran Amid Global Expansion

Volkswagen AG plans to sell cars in Iran for the first time in 17 years, taking advantage of easing sanctions to expand amid concerns about stalling
See Original Article

US Carries Out Airstrike Against Al-Shabab in Somalia

Mogadishu, Somalia (AP) — The U.S. military says it has carried out an airstrike against al-Shabab in Somalia as the Trump administration quietly
See Original Article

Why Big Pharma Is Struggling to Profit From the Obesity Epidemic

… sales are forecast to climb to more than $1 billion within five years from about $240 million last year, according to estimates compiled by Bloomberg.
See Original Article

Canada to Apologize, Pay Former Gitmo Prisoner Omar Khadr

Toronto (AP) — The Canadian government is going to apologize and give millions to a former Guantanamo Bay prisoner who pleaded guilty to killing a
See Original Article

Credit unions can't call services 'bank' or 'banking' and they aren't happy about it

The directive was contained in an advisory issued June 30 by the Office of the Superintendent of Financial.
See Original Article

Ukrainian Premier Signals IMF Delay as Key Reform Not Ready

The next transfer of Ukraine's $17.5 billion international bailout will be delayed until later this year because parliament won't pass all of the required
See Original Article

An unjust mortgage law

It may perhaps be the tip of the iceberg as the meltdown of the mortgage crisis starts to manifest itself. It is the dream of every Barbadian to own a piece
See Original Article

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.