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TransUnion: Credit quality of mortgage borrowers nationwide has improved
Widely reported mortgage delinquency rates are being weighed down by older mortgages and loans long past due, and more recent mortgages are performing at pre-housing-bubble norms, according to an analysis of national lending data by TransUnion....Tags: Loans, Mortgages, Chicago Mortgages, Federal Reserve
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Families edging out private equity in consumer deals
ReutersBy Anjuli Davies LONDON, May 14 (Reuters) - From ketchup to hot drinks, family-run investment firms are shaking up the consumer deals market, squeezing out private equity players and forcing them to change strategy. Families, some of whom made their...Tags: Economy, Business and Finance, Thomson Corporation, Finance, Consumers, Corporate Officers
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Austria edges towards ending banking secrecy
ReutersBRUSSELS (Reuters) - Austria edged closer to ending bank secrecy for foreigners on Tuesday, bringing it into line with the rest of the EU, saying it would not block talks between the European Union and countries such as Switzerland over sharing bank...Tags: Economy, Business and Finance, International Organizations, Austria, Swiss Confederation, Politics
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Europe could drop interest rate below zero on excess bank deposits
WASHINGTON -- The European Central Bank could reduce the interest rate it pays on excess bank deposits to below zero to boost growth in the recession-plagued region, a top official said. The comments over the weekend by Italian Central Bank chief...
Tags: Economy, Business and Finance, CNBC (tv network), Finance, European Central Bank, Central Bank
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US ABS primary market kicks off new week with 3 new auto deals
ReutersBy Charles Williams NEW YORK, May 13 (IFR) - The US ABS primary market was off to a fast start this week with three new auto deals announced in less than an hour. Ford announced its second prime retail transaction of the year, the US$1.342bn Ford Credit...Tags: Hyundai, Nissan, Minor League Baseball, Stock Market, Government Debt
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A Severna Park stunner features four stories of gracious living and entertaining areas.
"Estate" is not a description that should be used indiscriminately — yet the term clearly when referring to the Colonial-style mansion at 1105 Bellevista Court in Severna Park. Located on nearly one acre in the subdivision of Belleview Estates,...Tags: Severna Park, Annapolis
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Luxury apparel company Vince selects banks for fall IPO: sources
ReutersBy Olivia Oran May 13 (Reuters) - High-end sportswear brand Vince is close to filing for an initial public offering, according to two sources close to the situation. Vince, owned by St. Louis-based fashion company Kellwood Co, which is controlled by...Tags: Economy, Business and Finance, Kellwood Company, Corporate Officers, Financing and Stock Offerings, Macy's
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Will Dodd-Frank save (or stifle) capitalism?
WASHINGTON -- It's been five years since the onset of the financial crisis -- the rescue of Bear Stearns in March 2008 -- and we still don't know whether the financial system is safe. In a recent speech, Daniel Tarullo, the Federal Reserve's point man...
Tags: Economy, Business and Finance, U.S. Congress, Judges, Theodore Roosevelt, Financial Markets
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ON THE MOVE-UBS hires Merrill private wealth team in Florida
ReutersBy Ashley Lau May 13 (Reuters) - UBS AG's Wealth Management Americas said it has hired two veteran private wealth advisers and their team from Bank of America Corp's Merrill Lynch in Florida to join UBS's Fort Lauderdale office. The Parker-Harrigan...Tags: UBS AG, Bank of America Corp., Personal Investing, Personal Finance, Aventura
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Bank of America makes booking gains look easy
Wouldn't it be nice if investing in the stock market were as easy as Bank of America Corp. is making it look? The second-largest U.S. lender this week settled a five-year legal battle with MBIA Inc., the struggling bond insurer, over losses tied to bad...Tags: Bank of America Corp., Economy, Business and Finance, Finance, Goldman Sachs Group, Inc., MBIA Incorporated
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Adrian Cheng: updating a Hong Kong family empire for a changing China
ReutersHONG KONG (Reuters) - He has trained on Broadway and been a Wall Street banker. Now, Adrian Cheng, 33-year-old scion of the world's largest jewellery retailer and one of Asia's leading property developers is gearing up for his latest challenge -...Tags: Cultural Development, Cheng Yu-tung, Real Estate Buyers, Realty, Cheung Kong Limited
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U.S. banks push back on change in loan loss accounting
Reuters* U.S. banks pan accounting change to speed up loan reserves * Banks urge alignment of U.S. and international rules By Dena Aubin NEW YORK, May 13 (Reuters) - More than a dozen of the biggest U.S. banks have questioned a proposed accounting change...Tags: Bank of America Corp., Economy, Business and Finance, Crisis, Standards, Unrest, Conflicts and War
May 13, 2013
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May 13, 2013
|Story| Reuters
May 14, 2013
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May 13, 2013
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May 13, 2013
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May 12, 2013
|Story| Baltimore Sun
May 13, 2013
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May 13, 2013
|Column| Orlando Sentinel
May 13, 2013
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|Column| Allentown Morning Call
May 13, 2013
|Story| Reuters
May 13, 2013
|Story| Reuters
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