Sandisk: The 0.08x PEG Is Correct, But It May Not Last

Can my NRI son be appointed as trustee of my Indian private family trust, and can he be the sole trustee?- Name withheld on request —Name withheld on request There is no express prohibition under the Indian Trusts Act, 1882, on appointing a non-resident Indian as a trustee of an Indian private trust. However, the…

Mortgage loan production volume at three of the nation’s largest banks came in above expectations for the second quarter, which a pair of nonbank analysts believe is a positive for the segment. Processing Content JPMorgan Chase reported origination volume of $17.2 billion for the quarter, compared with $13.7 billion in the first quarter (26% higher)…

Nationwide has appointed Kim Dickinson as its lead product manager for intermediaries. Dickinson brings a wealth of experience in the mortgage market and working with intermediaries. Prior to joining, she worked at Virgin Money and Clydesdale managing relationships with hundreds of brokers. In her new role, Dickinson will lead Nationwide’s intermediary proposition, ensuring it continues…

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Key insight: At Amalgamated Bank, allegations that the CEO misused company funds have been met by counter-allegations of similar misconduct by the former employee who pointed the finger. What’s at stake: The case has not only financial implications, but also public-relations consequences, for a bank that’s a fixture in the labor movement and Democratic Party…