Month: December 2016

A Preview of the Fed Under Trump

Private Finance – A Preview of the Fed Under Trump
 John Taylor, a former Reserves authoritative in the Bush handing out, is a top entrant to replace Fed chair Janet Yellen.
Kiplinger Private Finance – http://portal.kiplinger.com/article/investing/T019-C019-S002-a-preview-of-the-fed-under-trump.html?rss_source=rss

Meet Khe Hy, the Oprah for Millennials

Private Finance – Meet Khe Hy, the Oprah for Millennials
 How do you live a more fulfilled life? Khemaridh ‘Khe’ Hy quit his valuable Wall Street career in 2015 to find the answer to that inquiry. His weekly email has become a ‘must read’ for Millennials in Silicon Valley and Wall Street.
Private finance news – CNNMoney.com – http://rss.cnn.com/~r/rss/money_pf/~3/nzXtv5wxl_0/index.html

Why This Multifamily Lender Is Retrenching

Banking News – Why This Multifamily Lender Is Retrenching
&nbspKenneth Mahon, the new CEO of Dime Union Bank, wants to reduce the 152-year-ancient society’s multifamily exposure by diversifying into other asset classes. But finding new affair amid already fierce struggle could be an immense challenge for Dime — and other union banks — in 2017.
Union Banking – http://www.americanbanker.com/news/union-banking/why-this-multifamily-lender-is-retrenching-1093138-1.html

Cashless society inflates bank statements

Banking News – Cashless society inflates bank statements
&nbspGrowth of contactless transactions means greater volumes of low-value buys
FT.com – Banks – http://www.ft.com/cms/s/0/865c7758-cdb5-11e6-864f-20dcb35cede2.html?ftcamp=published_links%2Frss%2Fcompanies_banks%2Ffeed%2F%2Fproduct

Newly created TP ICAP looks to lead voice broking

Banking News – Newly made TP ICAP looks to lead voice broking
&nbspTullett Prebon completes £1.2bn deal for part of rival ICAP’s affair
Fiscal Times – Fiscal Air force – http://www.ft.com/cms/s/0/1be3b7ae-ceb1-11e6-b8ce-b9c03770f8b1.html?ftcamp=published_links%2Frss%2Fcompanies_financial-air force%2Ffeed%2F%2Fproduct

When unpaid student debt follows you into retirement

Private Finance – When unpaid student debt follows you into retirement
 More people are retiring with student loan debt, and the regime is taking away part of their Social Wellbeing checks to pay it off.
Private finance news – CNNMoney.com – http://rss.cnn.com/~r/rss/money_pf/~3/7sco0IHH_CA/index.html

UK banks in credit card and loan ‘frenzy’

Banking News – UK banks in credit card and loan ‘frenzy’
&nbspLenders offer record low rates and cash incentives to lure borrowers
Fiscal Times – Fiscal Air force – http://www.ft.com/cms/s/0/81775508-cdcb-11e6-864f-20dcb35cede2.html?ftcamp=published_links%2Frss%2Fcompanies_financial-air force%2Ffeed%2F%2Fproduct

UK banks in credit card and loan ‘frenzy’

Banking News – UK banks in credit card and loan ‘frenzy’
&nbspLenders offer record low rates and cash incentives to lure borrowers
FT.com – Banks – http://www.ft.com/cms/s/0/81775508-cdcb-11e6-864f-20dcb35cede2.html?ftcamp=published_links%2Frss%2Fcompanies_banks%2Ffeed%2F%2Fproduct

Housing Market to Strengthen in 2017

Private Finance – Housing Market to Strengthen in 2017
 Kiplinger’s latest forecast on housing starts and home sales
Kiplinger Private Finance – http://portal.kiplinger.com/article/affair/T019-C000-S003-housing-market-forecast-housing-starts-home-sales.html?rss_source=rss

Piece Two Homes Together Into One

Private Finance – Piece Two Homes Collectively Into One
 Multigenerational living provision can help cut down living costs and bring families closer collectively.
Kiplinger Private Finance – http://portal.kiplinger.com/article/retirement/T010-C000-S004-piece-two-homes-collectively-into-one.html?rss_source=rss

RBS urged to create shareholder committee

Banking News – RBS urged to make shareholder group
&nbspShareholders want greater shape over UK state-backed bank
FT.com – Banks – http://www.ft.com/cms/s/0/40180c86-cde6-11e6-864f-20dcb35cede2.html?ftcamp=published_links%2Frss%2Fcompanies_banks%2Ffeed%2F%2Fproduct

Where the Trouble Will Be in Lending Next Year

Banking News – Where the Distress Will Be in Lending Next Year
&nbspThe money-making-and-manufacturing loan space is upset, higher rates could stifle finance refinancings, and subprime auto delinquencies are on the rise. Bankers could be fighting these fires and more in the new year.
Union Banking – http://www.americanbanker.com/news/inhabitant-regional/where-the-distress-will-be-in-lending-next-year-1093133-1.html

Hope Bancorp Closing a Second Round of Branches

Banking News – Hope Bancorp Closing a Second Round of Twigs
&nbspHope Bancorp in Los Angeles will close an bonus nine twigs next year as part of a second round of cost cutting.
Union Banking – http://www.americanbanker.com/news/dealmaking-approach/hope-bancorp-closing-a-second-round-of-twigs-1093129-1.html

M&A boom set to continue in 2017

Banking News – M&A boom set to take up again in 2017
&nbspFlurry of year-ending deals add to hopes that next year will see further takeovers
Fiscal Times – Fiscal Air force – http://www.ft.com/cms/s/0/0e9afdce-cdb6-11e6-b8ce-b9c03770f8b1.html?ftcamp=published_links%2Frss%2Fcompanies_financial-air force%2Ffeed%2F%2Fproduct

SEC scrutinises sale of Mozambique ‘tuna bond’

Banking News – SEC scrutinises sale of Mozambique ‘tuna bond’
&nbspUS joins UK and Switzerland in looking into role of banks caught up in the 2013 issue
FT.com – Banks – http://www.ft.com/cms/s/0/a4d44d50-cddd-11e6-b8ce-b9c03770f8b1.html?ftcamp=published_links%2Frss%2Fcompanies_banks%2Ffeed%2F%2Fproduct

Dime in New York to Record $11 Million Charge

Banking News – Dime in New York to Record $11 Million Charge
&nbspDime Union Bancshares in Brooklyn, N.Y., will record a one-time charge after gratis changes to its worker stock ownership plot.
Union Banking – http://www.americanbanker.com/news/union-banking/dime-in-new-york-to-record-11-million-charge-1093123-1.html

CEO of MainSource Bank in Ind. to Retire

Banking News – CEO of MainSource Bank in Ind. to Retire
&nbspDaryl Tressler will retire as head and CEO of MainSource Bank in Greensburg, Ind., at the end of this year.
Union Banking – http://www.americanbanker.com/news/union-banking/ceo-of-mainsource-bank-in-ind-to-retire-1093122-1.html

US mortgage refinancings head for 17 year low

Banking News – US finance refinancings head for 17 year low
&nbspBankers expect long boom to end as appeal rates rise
FT.com – Banks – http://www.ft.com/cms/s/0/dfe576ae-c78d-11e6-8f29-9445cac8966f.html?ftcamp=published_links%2Frss%2Fcompanies_banks%2Ffeed%2F%2Fproduct