Vietnam resumes huge banking-sector corruption trial

Vietnam resumes huge banking-sector corruption trial

Hanoi has seen the continuation of a court trial highlighting one of the largest graft cases in the history of Vietnam. Over 50 bankers in the Asian nation
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Romania's banking sector continues restructuring

The number of people working in banks decreased by 115 during this period compared to the end of last year, according to Romania's National Bank
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Replacing HARP creates wrinkle in Fannie, Freddie risk-sharing deals

The high loan-to-value refinance programs replacing the Home Affordable Refinance Program will require a change to the structure of Fannie Mae
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RCB hires banking specialist

Reading Cooperative Bank has added Erika Bernardo to its Reading branch as a banking specialist II. Some of Bernardo's duties will include helping
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News From NAMB: August 28, 2017

The #1 Wholesale mortgage lender has another exclusive for clients in their network. UWM will give a lender credit to you or your borrowers up to
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Drew Collins Named SVP, Pacific Division Manager for loanDepot

As an established leader of the lending industry, Collins began his career in 1985 as a mortgage originator in Newport Beach, Calif., and most recently
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Tesla CEO Elon Musk Gives Us a Peek At His LA Tunnel Project

Tesla and SpaceX CEO Elon Musk teased his newest endeavor with a picture of a Model S inside a tunnel that he's digging in Los Angeles.
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The Digital Banking Executive Securing Your Money With Blockchain

Baldet stands out because she's “comfortable in the bank world as well as the cypherpunk or crypto community, and she seems equally authentic for
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Hurricane Harvey: Corporate America Steps Up

A look back at Fortune's archives tells the tale. I vividly remember when reporting for this story, which was written by former staffer Devin Leonard,
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How China's stimulus plan inadvertently boosted shadow banking

Dominique Strauss-Kahn struck an optimistic note in response to the State Council of China's 2009 announcement of an unprecedented 4 trillion RMB
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'Welcome to the World.' Mark Zuckerberg and Priscilla Chan Introduce Second Daughter

Mark Zuckerberg and Priscilla Chan announced the newest addition to their family Monday: a daughter named August. Fittingly, the Facebook
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How the Fed Is Flexing Its Muscles as a Banking Regulator

Big banks have increasingly faced sanctions from regulators working in packs, at times led by the Fed, which is taking a broad view of what counts in
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Bank of England: DLT Shift Could Lead to New Securities Monopolies

Researchers for the UK's central bank have argued in a new paper that, if left unregulated, securities settlement services built on distributed ledger
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MIGDAL INSURANCE & FINANCIAL HOLDINGS LTD. Has Stake in Sapiens International …

revealed that they own 5% of Sapiens International Corporation N.V. … worth $675,000 after buying an additional 6,129 shares during the period.
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Tender Offers and CEO Searches

Last week Herbalife Ltd. announced a $600 million tender offer for its own stock with an odd twist, a contingent value right that will pay selling
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These Shark-Detecting Drones Are Keeping Australian Beaches Safe

Australians at beaches across the country could soon have a technology designed to keep them safe from sharks. An organization called The Little
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ABA Congratulates 'Best Banks to Work For'

American Banker Magazine today published its fifth annual list of the 75 best banks to work for, with ABA member banks accounting for 57 of the
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Michael Dell's Advice to Entrepreneurs: 'You Better Come Up With Something Unique'

Michael Dell has some advice for people who want to start their own business and who dream to be a successful entrepreneur: “Go for it.” The longer
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Expedia's CEO Is Poised to Accept Top Uber Job

Expedia CEO Dara Khosrowshahi is poised to accept an offer to be Uber's CEO, according to an internal memo sent to Expedia staff, ending a
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Improved Banking Services from ICT developments

The Bank of Papua New Guinea's recent innovations has helped financial institutions roll-out financial services to people who have never accessed
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