Factbox-What's in the EU's 21st package of sanctions against Russia
Factbox-What's in the EU's 21st package of sanctions against Russia
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Leeds launches 98% LTV mortgage for first-time buyers – Mortgage Strategy
Leeds Building Society has launched a new mortgage offering up to 98% LTV to help first-time buyers onto the housing ladder. The new Start Mortgage, available through the society’s broker panel, allows eligible borrowers to access lending of up to five times their household income, with a maximum loan size of £500,000. The Start Mortgage…
Former IG Head of Retail Sales Will Hardy Named Eightcap UK Executive Director
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Yen Nears 40-Year Low as Traders Test Tokyo’s Intervention Resolve
Yen Pinned Near 40-Year Low as Traders Challenge Tokyo’s Intervention Resolve Market Reactions and Currency Movements By Rae Wee Yen Weakness and Intervention Speculation SINGAPORE, July 7 (Reuters) – The yen weakened anew on Tuesday as traders grew emboldened to push the currency lower with no sign yet of intervention by Japanese authorities, though the…
Apple Wants Documents From Former Employees Now at OpenAI
Apple sent letters to about 40 former employees who now work at OpenAI, demanding that they preserve documents and communications and meet with Apple lawyers, the Financial Times reported Friday (July 17), citing unnamed sources. The move is part of Apple’s efforts to secure evidence for the lawsuit it filed last week against OpenAI and…
Policy uncertainty creates an invisible ‘tax’ on capital formation
Key insight: Banks can price in risk and manage their way around both left-wing and right-wing administrations. But the kind of uncertainty that arises from today’s brand of politics is impossible to model. What’s at stake: The degree of uncertainty about the direction of future government policies today is far worse than what can be…
Ontario mortgage broker faces licence loss in FSRA trust account action
On the corporate side, FSRA alleges that Capitis contravened the MBLAA and its regulations in the operation of its mortgage administration business — specifically, that the company misused its trust account and mishandled mortgage funds, contrary to sections 23(1), 35, and 37 of Ontario Regulation 189/08. Those provisions set out strict requirements for how mortgage…
