Financial Service News
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1 hr ago | The New Zealand Herald
Investors have bought billions of euros in German treasury notes that pay negative interest meaning the purchasers agreed to pay a small fee for the privilege of lending the German government their money. The negative yield is a sign of the stresses in the 18-country eurozone, where the economy is struggling to maintain a weak recovery.
5 hrs ago | Heraldseries.co.uk
The move could provide another window of opportunity for people who missed out on the fierce mortgage price war seen last year The move could provide another window of opportunity for people who missed out on the fierce mortgage price war seen last year A fresh mortgage price war has broken out with a string of major lenders slashing their rates in recent days. Metro Bank, Halifax, Barclays, Nationwide Building Society, HSBC, Virgin Money, Skipton Building Society and Norwich and Peterborough Building Society are among those who have sharpened up their ranges.
5 hrs ago | Silicon Alley Insider
The results of Europe's most comprehensive ever review of its banks' health will be announced on Sunday, Oct. 26, sources told Reuters. The sources all spoke on the condition of anonymity as the date has not yet been publicly disclosed.
The report is available at 'www.fitchratings.com'. Additional information is available at 'www.fitchratings.com... Riassunto: Panasonic Automotive ha esposto le sue tecnologie e soluzioni per automobili in occasione dell'edizione del 2014 dell'ITS World Congress )--Panasonic Automotive Systems Company of America, fornitore di spicco di soluzioni per sistemi di portata globale, ha esposto e tenuto delle dimostrazioni di una serie di t... )--Burlington Stores, Inc. , a nationally recognized off-price retailer of high-quality, branded apparel at everyday low prices, today announced appointme... Rockwood Holdings, Inc. Sets November 14 as Date of Special Shareholder Meeting in Connection with Proposed Merger with Albemarle Corporation )--Rockwood Holdings today announced a date for a special meeting of its shareholders to vote on the adoption of the proposed merger agreement with Albemar...
Charlotte's two largest banks say they passed a self-administered checkup on their financial health.
An information technology engineer at Wilson Sonsini Goodrich & Rosati was arrested Tuesday and charged with insider trading on information he learned while working at the prominent Silicon Valley law firm. Dimitry Braverman, 41, was charged with one count of securities fraud in a criminal complaint filed in New York.
Kinder Morgan has begun the process of seeking federal approvals for a natural gas pipeline project through northern Massachusetts that has already garnered significant local opposition. The Houston-based energy company on Monday filed a request with the Federal Energy Regulatory Commission seeking to use its so-called "pre-filing procedures."
It's next to impossible to predict a stock's movement up or down, particularly over the short term. However, there is an argument to be made that long-term investors who buy quality stocks at fair valuations can do quite well in the markets.
Brown & Brown plans to issue senior notes, using at least some of the proceeds to pay off existing debt.
File-This March 23, 2008, file photo provided by the Hennepin County, Minn. Sheriff's Office shows Douglas McAuthur McCain.
BP Alaska, a major player in the state's oil industry, on Monday announced plans to lay off 275 employees and direct contractors early next year. BP's business in Alaska will be smaller because of the previously announced sale of its interests in four North Slope oil fields to Hilcorp, spokeswoman Dawn Patience said.
A former National Australia Bank employee and a public servant have pleaded guilty to a $7 million insider trading scheme. Former NAB worker Lukas James Kamay and Australian Bureau of Statistics employee Christopher Russell Hill used confidential market-sensitive information in trades that netted about $7 million in profits.
On November 30th, voters in Switzerland will head to the polls to vote in a referendum on gold. On the ballot is a measure to prohibit the Swiss National Bank from further gold sales, to repatriate Swiss-owned gold to Switzerland, and to mandate that gold make up at least 20 percent of the bank's assets.
B2Gold Corp. . Miner. Down seven cents, or 2.99 per cent, to $2.27 on 7.4 million shares.
The sudden death last week of Hudson City Bancorp Inc.'s top executive and the subsequent naming of new leader is not expected to affect the company's plans to be acquired by M&T Bank . In a statement issued Sept.
Major changes are afoot in the executive ranks of the Canadian Imperial Bank of Commerce , as incoming chief executive Victor Dodig shuffles a number of leadership roles and announced the exit of one key executive. Dodig, who began his job as head of the bank on Monday, says chief operating officer Richard Nesbitt is leaving CIBC immediately, accelerating his initial plan to retire in October 2015.
Getting a mortgage in the United States may be easier than many borrowers think, according to a survey released Monday by Wells Fargo & Co ( Nearly two-thirds of respondents thought that a very good credit score was necessary to buy a home, and more than 40 percent thought they needed a down payment equal to at least 20 percent of the purchase price to buy a home. Under government-backed programs, first-time home buyers with subprime credit scores can get a mortgage insured by the Federal Housing Administration, and they can put down as little as 3.5 percent of the purchase price.
Updated: Wed Sep 17, 2014 11:52 am
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