Fairway launches nonprofit to combat senior financial fraud
More than 1.5 million homes across the UK could be rejected for a standard mortgage as they fall outside mainstream lending criteria, according to research from Together. The lender said around one-and-a-half million properties, equivalent to 6% of the UK’s 28 million residential homes, may struggle to secure finance from many high street banks….
Just Another Reasonably Bad Day For Bonds 2 Hours, 33 Min ago Just Another Reasonably Bad Day For Bonds Bonds had a bad day for the 3rd time this week. The weakness was reasonable in light of fuel prices hitting the highest level since 2022 by some measures. That said, the intraday…
British citizens and residents with foreign-sounding names are encountering additional scrutiny and delays when attempting to purchase property in the UK, according to a property law firm. Tatiana Sharposhnikova, Chief Executive of Sharpwell Property Law, has stated that discrimination exists in the British property market, with lenders applying heightened due diligence based on names rather…
Kevin Warsh, chairman of the Federal Reserve, at the Kansas City Federal Reserve’s Jackson Hole symposium. Warsh said he “would be hard pressed to describe broad financial conditions as restrictive,” and the panel “must be confident that underlying inflation is moving to our objective, clearly and at sufficient speed. Otherwise, we have work to do.”Bloomberg…
State Street Investment Management is turning positive on healthcare stocks after nearly a year of caution. The firm’s Q3 2026 sector outlook upgraded healthcare from neutral to positive. That marks the sector’s return to State Street’s list of favored trades. Key Takeaways: Healthcare earnings could jump to 19.3% growth by 2027. Institutional investors remain underweight…
Editorial & Advertiser disclosure Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press…