UBS cuts WillScot stock price target to $18 on margin concerns
UBS cuts WillScot stock price target to $18 on margin concerns
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West Brom BS reduces rates by up to 0.18%
West Brom Building Society has reduced rates across its two-year fixed purchase mortgage range, with cuts of up to 0.18%. At 90% loan to value (LTV), its two-year fixed purchase mortgage with no fee has been lowered to 4.77%, reduced from 4.95%. The society’s two-year fixed mortgage at 90% LTV with a £999 fee…
For Utah de novo bank, second time appears to be a charm
Key insight: The organizers of a Utah de novo bank, Bank of St. George, say the regulatory approval process has been smooth. Travis Hill, chairman of the Federal Deposit Insurance Corp., has been trying to make it easier for new banks to open. Supporting data: Twenty-one groups have filed deposit-insurance applications since the start of…
EU’s New MiCA Rules Could Mean More Crypto Mergers
Europe’s new digital asset regulation could help transform the ownership structure of the cryptocurrency sector. That’s according to a report Sunday (July 26) by CoinDesk, which says that companies are now facing the cost of doing business under the new Markets in Crypto Assets (MiCA) rules that went into effect at the start of this…
Ravi Malani to head portfolio management services at Sanctum Wealth
Before joining Sanctum Wealth, he was equities head at Klay. Credit: Dmitry Demidovich/ Shutterstock.com. Sanctum Wealth has appointed Ravi Malani to lead its Portfolio Management Services, as the India-based wealth manager seeks to build out its PMS business. Malani will be based in Mumbai, reporting to Roopali Prabhu, and will also take a seat on…
Canada’s economy shows third quarter slowdown after spring surge
By Nojoud Al Mallees (Bloomberg) — The Canadian economy is tracking for weaker growth in the third quarter after roaring back to life between April and June. Statistics Canada’s preliminary estimate for real gross domestic product points to a 0.2% expansion in August, according to industry-based data, as increases in mining and quarrying were partially…
Paragon reduces selected BTL mortgage rates by 15bps
Paragon Bank has reduced rates by 15 basis points (bps) across a selection of five-year fixed rate buy-to-let (BTL) mortgages. The reduced rates are available for landlords purchasing or remortgaging single self-contained properties (SSCs), houses in multiple occupation (HMOs) and multi-unit blocks (MUBs). Within the SSC range, rates now start from 4.95% in Paragon’s…
