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At the first congressional oversight hearing to examine the Federal Home Loan Bank (FHLB) system in 15 years, lawmakers on the House Subcommittee on Housing and Insurance wanted to better understand why a Depression-era banking system designed to safeguard access to mortgage credit wasn’t doing more to advance that mission. That nearly century-old system of…
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Talking on the phone and smoking cigarettes could soon share something in common: being legally banned on airplanes. A bill introduced by lawmakers in the House of Representatives last month would make taking phone or video calls from the air illegal, an issue that’s becoming increasingly relevant as WiFi access in the skies expands. Former…
InsuranceDekho parent picks banks for up to $400 million India IPO – Bloomberg
Abry entered Prime Capital Financial in 2023. Credit: Daenin/ Shutterstock.com. Abry Partners said it is exiting its investment in Prime Capital Financial, with Carlyle Group agreeing to acquire a minority ownership interest in the independent wealth management firm. Financial terms were not disclosed. Access deeper industry intelligence Experience unmatched clarity with a single platform that…
Munis were mixed on Friday, as U.S. Treasuries cheapened and equities ended mixed. Processing Content Tax-exempt issuance for the week of Aug. 17 is projected to be nearly double the same week last year, J.P. Morgan analysts, led by Peter DeGroot, wrote. Next week will be a “record week for [alternative minimum tax] offerings,” the…