UPDATE 1-Swedish central bank's Floden sees small effects from tighter mortgage rules

STOCKHOLM, Dec 1 (Reuters) – Sweden's government was right to go ahead with tighter mortgage rules even if they have a bigger effect on house prices and the economy than the modest impact currently expected, central bank Deputy Governor Martin Floden said on Friday. The minority coalition
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The Bank of Canada is expressing a similar sentiment: property-market overheating and financial stability risks are being curbed amid higher mortgage rates and policy measures. Fewer highly indebted households are able to qualify for loans, ensuring the system will continue to build resiliency, the
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To create lasting change in the banking sector, the Hayne royal commission will have to delve into the design and application of remuneration packages at all levels of banks given they are the biggest driver of misconduct, say leading governance experts. Bank culture, ethics, governance and pay
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Bitcoin is a speculative asset and people who invest in it do so at their own risk, the Bank of France Governor Francois Villeroy de Galhau warned on Friday after recent volatile trading. “We need to be clear: bitcoin is in no way a currency, or even a cryptocurrency,” Villeroy said in remarks made at a
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A former state Liberal leader has accused the Turnbull government of political motivations by allowing the banks to drag industry superannuation funds into the impending financial services royal commission. As the government moved swiftly to get the royal commission moving on Friday, announcing the
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“I remember as a kid always looking forward to digging in the bag to get the fortune cookie because there's something neat about having to break something open, take out a tiny piece of paper and see what it says,” said Jess Killingsworth, marketing coordinator for the Loveland Art Museum.
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Buying a property is an expensive business. So if your lender offered a fee-free mortgage, would you be tempted? If the answer is yes, you're not alone. The Bank of England included a striking chart in its regular report on financial stability this week. It showed that the proportion of new mortgages which
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Also, the links between stocks have loosened to one of the lowest levels since at least 2011, according to Bloomberg News' Lu Wang. The realized correlation between the S&P 500 and its top stocks, or the degree to which they move together, has averaged 0.2 this year, down from 0.4 in 2016 based on
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On Thursday, a jury acquitted a Mexican immigrant who was in the U.S. illegally in the death of a woman in San Francisco two years ago. The acquittal spurred a response from Trump, who tweeted, “ A disgraceful verdict in the Kate Steinle case! No wonder the people of our Country are so angry with
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For today, WallStEquities.com draws investors' attention to Lloyds Banking Group PLC (NYSE: LYG), The Royal Bank of Scotland Group PLC (NYSE: RBS), Banco Santander S.A. (NYSE: SAN), and UBS Group AG (NYSE: UBS). Companies in the Foreign Money Center Banks industry offer financial
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President Donald Trump blasted a California jury that acquitted a Mexican immigrant who was in the U.S. illegally in the shooting death of a woman in San Francisco two years ago after local officials let the man go while he was awaiting deportation. “A disgraceful verdict in the Kate Steinle case!
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The U.S.'s obesity problem is set to get much worse, according to new Harvard research that simulates future obesity rates for those Americans who are currently children. While a recent report from the Centers for Disease Control and Prevention (CDC) suggested that almost 40% of American adults are
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The company has agreed to buy 2,397 megawatts of clean power in the U.S. — and 3,186 megawatts overall, according to Bloomberg New Energy Finance. Amazon.com Inc. is the second biggest corporate buyer, with 1,219 megawatts, all in the U.S.. Its “electricity consumption is considerable, but for
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Innovators like him have made so much progress that the likes of Tesla Inc. and Toyota Motor Corp. could count on recycling for 10 percent of their battery material needs through 2025 if companies roll out large schemes, according to Bloomberg New Energy Finance. That will ease pressure on lithium
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Clients pulled a net $500 million from Tudor in the third quarter, leaving the firm's assets at $7 billion, about half the level it managed in June 2015, Bloomberg News reported in October. Jones, who has been frustrated with the macro trading environment, said things are “on the verge of a significant
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Questions around the future of the securities lending regulatory landscape dominated the BNY Mellon Markets' Securities Finance Regulatory Update webinar, held in New York on 24 October. The SLR remains in contention as the US Treasury is to set SLR at 5 percent of Tier One capital, while the
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Bartlett & Com Ltd Com holds 1.49% in BlackRock, Inc. (NYSE:BLK) or … published on November 17, 2017 as well as Bloomberg.com's news article
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… were published by: Ft.com which released: “BlackRock fund bets big on electric future for lithium” on September 15, 2017, also Bloomberg.com with
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They lived in San Francisco for a decade before buying a home in a suburban …. Drawn by lower housing prices, Bay Area residents are pouring into
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Invesco Mortgage Capital logo Invesco Mortgage Capital Inc (NYSE:IVR) has earned a consensus recommendation of “Buy” from the seven analysts
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