Projection calls for largest Social Security COLA increase in 4 years
Together has increased the size of its revolving Lakeside securitisation programme (LABS) to £1.2bn, boosting funding capacity for its bridging finance business. The facility has been upsized from £1bn and continues to be supported by existing lenders BNP Paribas, Lloyds Bank and NatWest Bank. LABS, which predominantly funds Together’s regulated and unregulated bridging lending,…
Several major UK lenders have introduced mortgage products requiring minimal or no deposits, marking a shift in lending practices as banks seek to support first-time buyers struggling with affordability. Metro Bank recently launched a 100% loan-to-value mortgage for eligible first-time buyers, joining a growing number of institutions offering low-deposit products. The move comes as lenders…
The broadcasting industry has had an eventful time of it recently, having been “disrupted” by upstart streaming platforms. Just a few years ago, the wars for audiences and dominance between the streamers had triggered a production boom, and people were talking about a “golden era” of “peak TV”. Yet just five years on, the future…
The common perception of elite level, world class boxers is that they ooze confidence. While confidence is important, there is a clear line between being confident and reckless. When I was trading punches under the bright lights in fights around the world, there were moments where my mind would release a surge of confidence. That…
Saxo Bank will continue to operate as a separate entity. Credit: FellowNeko/Shutterstock.com J. Safra Sarasin Group has agreed to acquire the remaining indirect stake in Saxo Holding held by Kim Fournais, in a move that will give it full ownership of Saxo Bank. The stake represents about 28.69%. The agreement follows Bank J. Safra Sarasin’s…
European investment platform BUX has named Juha Ristolainen as its new Chief Technology Officer, bringing in a fintech veteran with more than 25 years of software development experience and 15 years in executive leadership roles. Ristolainen joins BUX after co-founding Upvest, where he served as CTO and built the backend investment infrastructure used by several…