I Still like Mortgages, Ross Says after Homeward Deal
Byline: Robert Barba In deciding to sell Homeward Residential Holdings, Wilbur Ross had to reconcile a golden market opportunity with a burning investment deadline. Independent mortgage servicers are...
View ArticleFHFA Clarifying GSE 'Reps and Warrants'
Byline: Edward DeMarco As we work to restore prudent underwriting and risk-based pricing to a housing finance system that went badly off-track, we have been taking steps to improve the enterprises'...
View ArticleACLU Sues Morgan Stanley
Byline: Evan Nemeroff The American Civil Liberties Union sued Morgan Stanley last week for racial discrimination in allegedly pushing predatory loans that were likely to be foreclosed upon towards...
View ArticleMortgage REITs Reaping What They Sowed
Byline: Bloomberg News Slumping stocks of real estate investment trusts that buy mortgage debt signal the companies are paying a price for growing 10 times larger since 2004, according to Stifel...
View ArticleHatteras Takes Alt Route to Mutual Funds
Byline: Pat Olsen Since Hatteras Funds acquired the Alpha Hedged Strategies Fund in 2009 from AIP Mutual Funds, the fund family has grown to $700 million in assets under management. The investment firm...
View Article-HSBC Completes Training Programme
Global Banking News-October 22, 2012--HSBC completes training programme(C)2012 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 22 October 2012 HSBC Holdings (LSE: HSBA) has said that it...
View Article-Erste Bank Expands Micro Loans Programme
Global Banking News-October 22, 2012--Erste Bank expands micro loans programme(C)2012 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 22 October 2012 Austria-based Erste Bank (EBS.VI)...
View Article-First East Side Savings Bank Closes Down
Global Banking News-October 22, 2012--First East Side Savings bank closes down(C)2012 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 22 October 2012 Florida based First East Side...
View Article-NAB Shares Drop on Provision Figures
Global Banking News-October 22, 2012--NAB shares drop on provision figures(C)2012 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 22 October 2012 The shares of the National Bank of...
View Article-Generali Says It Has Completed Management Shapeup Plan
Global Banking News-October 22, 2012--Generali says it has completed management shapeup plan(C)2012 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 22 October 2012 Italy-based insurance...
View Article-EU Leaders Agree to Create Single Banking Supervisor
Global Banking News-October 22, 2012--EU leaders agree to create single banking supervisor(C)2012 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 22 October 2012 With voices of dissent...
View Article-Credit Suisse Said to Be Planning to Sell ETF Unit
Global Banking News-October 22, 2012--Credit Suisse said to be planning to sell ETF unit(C)2012 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 22 October 2012 According to Reuters,...
View ArticleINCEIF Celebrates Record Number of Graduates
The fourth convocation of INCEIF, The Global University of Islamic Finance, has welcomed a record number of 183 graduates from the PhD, Masters in Islamic Finance and Chartered Islamic Finance...
View ArticleQatari Bank Masraf Al Rayan Reports Nine Months' Net Profit Up Seven per Cent
The Shari'ah-compliant bank achieved a net profit of QAR 1,083 million for the first nine months of the year, an increase of seven per cent compared to the same period in 2011. Masraf Al Rayan's total...
View Article-Clean Energy Pathways Establishes New Company
International Resource News-October 22, 2012--Clean Energy Pathways establishes new company(C)1994-2012 ENPublishing - httpwww.enpublishing.co.uk International Resource News - 22 October 2012 Clean...
View ArticleSteyer Leaving Farallon for Politics, Charity
EDITOR'S NOTE: This story has been updated throughout. BOSTON (Reuters) - , the billionaire founder of hedge fund, is leaving the firm at the end of the year, as the money manager and philanthropist...
View ArticleThe Rich Bail out of Changing Hedge Fund Industry
LONDON (Reuters) - Rich private investors are turning their backs on hedge funds because moves to attract more conservative pension fund clients mean managers no longer deliver the big returns they...
View ArticleMurdoch Eyes LA Times, Chicago Tribune: Report
LOS ANGELES (Reuters) - News Corp. Chairman and CEO Rupert Murdoch is looking to buy the Los Angeles Times, one of the country's largest newspapers, from struggling media conglomerate Tribune Co., the...
View ArticleAgrium to Double Dividend Payout, Completes Buyback
CALGARY, Alberta (Reuters) - Canadian fertilizer maker and agricultural goods retailer Agrium Inc. said on Monday [Oct. 22] it plans to double the annual dividend, marking its third increase to the...
View ArticleShort-Term View Selling Us Short
Byline: Julie-Anne Sprague Oct 22, 2012 (The Australian Financial Review - ABIX via COMTEX) -- Australia's agricultural assets are undervalued because of the short-term view of investors. GrainCorp...
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