Virtu Is Pursuing Takeover of Investment Technology Group

Virtu Is Pursuing Takeover of Investment Technology Group

Virtu Financial Inc., a high-speed trading firm, is seeking to acquire independent brokerage Investment Technology Group Inc., according to people
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He'll Be Justice Kavanaugh on Monday If Betting Line Is Right

It's been a wild ride. The Brett Kavanaugh drama is finally coming to an end, and if the prediction markets are right, the final act will end with him
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'Tremendous' Opportunity in Oregon Cannabis Market, New Frontier's Whitney Says

… a fully-legalized cannabis market with Bloomberg's Joe Weisenthal, Caroline Hyde and Romaine Bostick on “Bloomberg Markets: What'd You Miss?
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Forget the Minibar. At Fancy Hotels, the New Thing Is the Maxi-Bar

Hotels are turning to new bar experiences as a means to keep luxury customers on their toes—and increase favorable food and beverage margins,
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Elon Musk Mocks SEC on Twitter: 'Shortseller Enrichment Commission'

Elon Musk can't seem to help himself. Days after Tesla CEO spurned—then accepted—a settlement with the SEC over his tweets claiming he was
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HECM mortgage-backed securities see $1 billion decline

The latest data on HECM mortgage-backed securities reveals issuance is down in the third quarter to $1.7 billion – that's about a billion less than totals
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The AI Wars Have Not Even Begun

To gauge by the news headlines, it would be easy to believe that artificial intelligence (AI) is about to take over the world. Kai-Fu Lee, a Chinese
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Gorjian Real Estate lands loan for acquisition of 192 Lexington

The loan comes from Citi Real Estate Funding, which assumed the property's existing debt from TD Bank and provided $52.7 million in new debt,
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Redfin Mortgage launches in Colorado, its 10th market

Redfin Mortgage launches in Colorado, its 10th market … Redfin Mortgage, the home lending arm of the Seattle-based real estate brokerage, officially
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BoT sets mortgage curbs

Mortgage lenders can still extend up to 100% of home value to fund purchases of first homes valued at less than 10 million baht per unit, said Wajeetip
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Mortgage Rates Inch Down

Releasing the results of its primary mortgage market survey, Freddie Mac said that the 30-year fixed-rate mortgage or FRM averaged 4.71 percent for
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Juvenile Fillies: Distance Will Be A Question For Sue's Fortune In Frizette, Popular Covfefe Also In …

Sue's Fortune will look to go three-for-three with a win in Grade 1 Frizette on Sunday at Belmont Park. One of four Grade 1 races as part of the October
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Does Facebook Have a Cyberattack Plan? If So, We Need to See It

Last week, a cyberattack on Facebook compromised the accounts of 50 million users—one of the most significant cybersecurity lapses in the
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8Twelve Mortgage Corp. Launches New Brokerage Business in Ontario

(“8Twelve”), a premier full-service mortgage brokerage in Ontario, today announced its launch and business operations, with the goal to provide
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How backyard cottages could open up Seattle's housing market

Seattle City Council took a step closer toward legislation that would make “accessory dwelling units” easier to build, helping to offset mortgage costs
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Allegiant Reverse Services sees uptick in mortgage wire fraud attempts

Across the mortgage lending space, wire fraud attempts are on the rise as hackers become increasingly sophisticated in their methods of deception.
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Mixed Data on Q2 Property-Related Credit Delinquencies

There were mixed statistics on property-related credit delinquencies during the second quarter, according to the American Bankers Association's
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Vintage postcard will take you back to 1904 banking center in Minneapolis

In the center stands the Minnesota Loan and Trust Company building. Built in 1889, it was originally called the National Bank of Commerce.
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Juul Files Lawsuit Against 'Copy-Cat Products' Marketing to Underage Users

Juul Labs filed a complaint on Wednesday with the U.S. International Trade Commission alleging that 18 companies infringed on the company's
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Jack Dorsey's Square will start lending for customer purchases

Square Inc. is offering loans to customers to pay for goods and services from merchants that use its payment platform, another move by the company to
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