UK watchdog begins competition review of mortgage market

[Buzz_Burner_Fresh_Updates] UK watchdog begins competition review of mortgage market – reuters.com LONDON, Oct 7 (Reuters) – Britain’s financial watchdog said on Wednesday it was starting a review of the mortgage market to identify potential areas where competition may not be working well or could be improved. Continue Reading On reuters.com »  

UK business bank, Hitachi Capital in $150 mln asset-backed loans deal

[Buzz_Burner_Fresh_Updates] UK business bank, Hitachi Capital in $150 mln asset-backed loans deal – reuters.com LONDON, Oct 2 (Reuters) – The state-owned British Business Bank is providing a 100-million-pound ($151 million) facility to finance firm Hitachi Capital to fund asset-backed loans to small businesses. Continue Reading On reuters.com »  

Exclusive – Mondelez seeks European cheese and grocery asset sale: sources

[Buzz_Burner_Fresh_Updates] Exclusive – Mondelez seeks European cheese and grocery asset sale: sources – reuters.com LONDON/NEW YORK (Reuters) – Mondelez International Inc is exploring a sale of its European cheese and grocery business, which could be valued at around $3 billion, according to people familiar with the matter, as it sharpens its focus on snack foods […]

Investors pull $40 billion from emerging market assets in Q3 – IIF + MORE

[Buzz_Burner_Fresh_Updates] Chicago PMI declined sharply in September – feedburner.com Chicago PMI: Sep Chicago Business Barometer Down 5.7 Points to 48.7 The Chicago Business Barometer declined 5.7 points to 48.7 in September as Production growth collapsed and New Orders fell sharply.The drop in the Barometer to below 50 was its fifth time in contraction this year […]

TABLE-India govt's surplus cash with RBI for auction was 451.82 bln rupees on Sept 28 + MORE

[Buzz_Burner_Fresh_Updates] TABLE-India govt's surplus cash with RBI for auction was 451.82 bln rupees on Sept 28 – reuters.com Sept 29 (Reuters) – GOVT SURPLUS CASH BALANCE AS ON DATE FOR AUCTION (bln rupees) 451.82 28/09 451.82 24/09 470.87 23/09 470.87 22/09 420.12 21/09 420.12 18/09 60.97 16/09 9.14 15/09 27.54 14/09 — 11/09 — 10/09 […]

UBS settles New York CDO lawsuit + MORE

[Buzz_Burner_Fresh_Updates] UBS settles New York CDO lawsuit – reuters.com ZURICH, Sept 25 (Reuters) – UBS has settled a lawsuit accusing it of fraudulently causing $331 million of losses from collateralised debt obligations (CDOs) issued before the financial crisis, a spokesman for the Swiss bank said on Friday. Continue Reading On reuters.com » Finance returns the […]

Liberty Reserve founder must face $6 bln laundering case in U.S. + MORE

[Buzz_Burner_Fresh_Updates] Monte Paschi reaches deal with Nomura on Alexandria trade – reuters.com MILAN, Sept 23 (Reuters) – Monte dei Paschi di Siena said on Wednesday it had reached an agreement with Nomura International for the early termination of the so-called Alexandria derivative trade that has been bleeding money at the Italian lender. Continue Reading On […]