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Skipton International has introduced limited company lending for expat and international property investors buying or refinancing a buy-to-let (BTL) property in the UK. The proposition will be available through intermediaries and builds on the lender’s existing UK BTL range for expat and international borrowers. It will be offered with access to dedicated mortgage specialists and a personal approach service…
Key insight: An international clearing company building a de novo U.S. bank has raised $180 million from both VC firms and individual executives from several major international fintechs. What’s at stake: Augustus aims to provide international bank and fintech clients with direct access to U.S. dollar rails for clearing transactions, which could edge out intermediary…
The gauge measuring current sales conditions slipped one point to 37, the index tracking future sales expectations fell two points to 43, and the measure of prospective buyer traffic dropped two points to 23, a reading that suggests demand is not recovering at the ground level. “Many potential buyers remain on the sidelines as they wait…
Before negotiations fell apart, Scotiabank’s team had been preparing to revise its 2026 and 2027 growth forecasts upward by 0.2%, citing stronger-than-expected output, labour market resilience, and elevated commodity prices. That upgrade has been set aside. Upon factoring in the effects of new US tariffs, anticipated Canadian counter-measures, fiscal supports, and other financial assistance programs,…
The Central Board of Direct Taxes (CBDT) has recently notified the ₹20,000 crore zero-coupon bond issue. This is an issue of the National Bank for Financing Infrastructure and Development (NaBFID). These bonds differ from regular bonds in that they do not provide periodic interest payments. Instead, investors earn returns from the difference between the discounted…