Foreclosure Auction Volume Rises, Boosts Affordable Housing Supply

The Retailers Association of India (RAI) has raised concerns over the government’s decision to reintroduce a 0.4 per cent merchant discount rate (MDR) on UPI person-to-merchant transactions above Rs 2,000 — capped at Rs 300 for transactions of Rs 75,000 and above — warning that the charge could undo years of progress in digital payment…

Key takeaway: If proposed changes to bank capital rules take effect as written, some mortgage companies may consider acquiring a bank to diversify their businesses. But industry stakeholders caution that the process can take years, requires significant preparation and does not guarantee regulatory approval.  Expert quote: “The best of intentions in crafting legislation and regulations…

Specialist lender MERA has provided a £3.25 million stabilisation loan to refinance a 131-bed hostel on City Road, London. The 24-month bridging facility allows the borrower to establish a trading history before securing longer-term financing. The loan was structured at 65% of open market value and 70% of vacant possession value. The hostel, which features…

Raymond James Financial has introduced Private Wealth Guided Portfolios, which integrate traditional and alternative investments within risk-based portfolios for financial advisors serving high-net-worth and ultra-high-net-worth clients, the firm said. The model combines equity and fixed income with a dedicated allocation to alternatives, providing exposure to private markets and hedged strategies alongside public-market investments, according to…

Deutsche Börse has raised its 2026 net revenue guidance again, after third-quarter net revenue excluding treasury result rose 14% to €1,415m. The group runs the Eurex derivatives exchange and clearing house and the Clearstream custody and settlement business. It published the figures in its own results release after the London close yesterday. Six of its…