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Mortgage application activity was little changed last week as higher mortgage rates continued to weigh on purchase demand. The Mortgage Bankers Association (MBA) reported a 0.4% decrease in total application volume on a seasonally adjusted basis for the week ending August 14. Purchase applications decreased 2% from the previous week on a seasonally adjusted basis…
SIX Group has reported robust year-on-year growth across its Swiss and Spanish exchanges for August 2026, with combined trading turnover rising 19.5% compared to the same month last year to reach CHF 125.9 billion. According to figures released by SIX, turnover on SIX Swiss Exchange climbed 15.9% to CHF 87.3 billion, while BME Exchange in…
(Bloomberg) — President Donald Trump has revived his threat to fire Federal Reserve Governor Lisa Cook over unproven allegations of mortgage fraud, according to a letter seen by Bloomberg, a move that could renew a legal fight over the central bank’s independence. Processing Content In a letter dated Wednesday, Cook was told that Trump is…
As of the close on May 29, RBC had repurchased 19,168,210 shares under its previous 35 million share bid at a volume weighted average price of approximately $215.85. Scotiabank announced on April 2 that OSFI and the TSX had approved a bid to repurchase for cancellation up to 15 million common shares, with purchases commencing…
Competition in digital banking is intensifying across the Middle East and Africa, as Gulf banks innovate to become customers’ primary financial relationship, African institutions test whether AI can deliver profitable scale, and Bahrain seeks to convert its open banking head start into lasting commercial advantage. Read on to discover why personalisation and embedded services are…
Ground-floor retail at an apartment building under construction in Cherry Creek North is fully leased ahead of its 2027 opening. The Oasis Apartments, developed by Denver-based BMC Investments and private equity firm Rockpoint, will include 177 apartment units and 26K SF of retail space. Retail tenants at the building, located at 299 Milwaukee St., include…