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JPMorgan Reaches $4.5bn Mortgage Securities Settlement with 21 Investors
Deal not linked to $13bn tentative settlement struck with US Department of Justice.
M Rochan Nov 16, 2013
JPMorgan London Whale: Javier Martin-Artajo Refuses Extradition to US
Former JPMorgan trader Martin-Artajo faces US fraud charges along with ex-colleague Julien Grout.
Shane Croucher Nov 15, 2013
BoE's David Miles: 'Great Recession Could Have Been Less Severe' if Homeowners Shared Equity with Investors
Bank of England policymaker David Miles says equity sharing between homebuyers and investors reduces dangerous mortgage debt reliance.
Shane Croucher Nov 15, 2013
Nationwide Reports £270m Profits Surge
Britain's largest mutual lender sees rise in profits over the past six months to the end of September 2013.
Michael Klimes Nov 15, 2013
JPMorgan Cancels Twitter Q&A After Deluge of Negative Tweets
Leading bank experiences mass of negative tweets and stops twitter event as a result.
Michael Klimes Nov 14, 2013
JPMorgan 'Paid Daughter of China's Ex-PM Wen Jiabao $1.8m'
Wen Ruchun's Fullmark Consultant paid $75,000 a month, SEC probe into China-JPMorgan links finds.
Shane Croucher Nov 14, 2013
SEC Demands Former Goldman Sachs VP Fabrice Tourre's Salary Details
Tourre, found guilty of securities fraud, earned $1.7m in salary and bonus in 2007.
M Rochan Nov 14, 2013
UK 'Bad Bank' UKAR Hands Taxpayers £3.8bn
UK Asset Resolution, set up to wind down Northern Rock and Bradford & Bingley mortgage assets, gives government windfall.
Shane Croucher Nov 14, 2013
Wolfson Economics Prize Offers £250,000 to Person Who Can Solve UK Housing Crisis
Wolfson Prize asks: How would you deliver a new garden city which is visionary, economically viable and popular?
Shane Croucher Nov 14, 2013
Millions of UK Households Have Only £250 in Savings
HSBC says average person has savings pot of £14,401.
Ian Silvera Nov 13, 2013
Bank of America Settle $1.4bn Mortgage Dispute with Freddie Mac
Freddie Mac wants bank to take back $1.4bn faulty securities sold to it.
Jerin Mathew Nov 12, 2013
Help to Buy Scheme Slows Down Rental Demand Growth
Rics house price balance rose to 11-month high at 57% in October.
Jerin Mathew Nov 12, 2013
Overpriced Housing Market Puts People 'on Knife Edge'
Shelter blames shortage of affordable homes for pushing up prices beyond reach of many ordinary people.
Ian Silvera Nov 11, 2013
John Major Spikes David Cameron's Conservative Guns - Again
Former Tory Prime Minister Sir John Major has renewed his attack on the collapse of social mobility in Britain just as Cameron talks of aspiration.
Nick Assinder Nov 11, 2013
Help to Buy 2 Gets Strong Start with £365m in Applications
RBS and Halifax receive2,384 applications under government mortgage scheme.
Jerin Mathew Nov 11, 2013
Mis-Selling Derivatives vs PPI Scandal: IRSA Payouts a Bitter Disappointment
We ask why banks pay billions to PPI 'victims' but not to those who were mis-sold derivatives.
Lianna Brinded Nov 08, 2013
RBS Unit Fined $150m over Subprime Mortgage Scandal
US securities regulators hit Royal Bank of Scotland subsidiary for misleading investors.
Michael Klimes Nov 07, 2013
Rightmove Traffic up 30% Indicating Strong Home Buyer Interest
Rightmove said it is confident of meeting its expectations for current year.
Jerin Mathew Nov 07, 2013
Persimmon: Help to Buy's Equity Loan Scheme More Effective Than Government Guarantee
Persimmon sold sold more than 3,000 homes under Help to Buy equity loan scheme, while government guarantee is yet to make impact.
Jerin Mathew Nov 06, 2013
UK Home Prices Rise on Lower Mortgage Payments
Low level of mortgage payments in relation to income is helping to boost housing demand, says Halifax.
Jerin Mathew Nov 06, 2013
Prosecutors Could Fine Deutsche Bank in Kirch Lawsuit
Deutsche Bank Co-CEO Juergen Fitschen was earlier named as suspect in lawsuit.
Jerin Mathew Nov 06, 2013
Oyster Card Users Swindled by London Newsagent in £6,000 Fraud
Mariathas Thevathas took a few pounds from thousands of transactions over 18-month period.
Ian Silvera Nov 05, 2013
Deutsche Bank Co-CEO Fitschen Named as Suspect in Kirch Lawsuit
Deutsche Bank set aside €1.2bn for legal costs in third quarter.
Jerin Mathew Nov 05, 2013
UK Construction Sector Rising 'Like a Phoenix from the Ashes'
Markit/CIPS UK construction sector index hits over six year high in October.
Shane Croucher Nov 04, 2013
George Osborne: RBS Privatisation Unlikely Before 2015 General Election
UK Chancellor Osborne insists that 'eventually, we will get our money back' on RBS.
Shane Croucher Nov 01, 2013
UK House Price Growth at Three Year High
Nationwide said average home price in October rose 1% from September and 5.8% from October 2012.
Jerin Mathew Oct 31, 2013
US Fed Maintains Stimulus Programme on Weak Growth [VIDEO]
Fed to continue buying longer-term Treasury securities while indicators remain weak.
Jerin Mathew Oct 31, 2013
UK Mortgage Approvals Hit Highest Level Since 2008
Upward trend of mortgage approvals continues as lenders grant 66,735 loans.
Jerin Mathew Oct 29, 2013
ONS: 76% of Inheritance Wealth in Britain Goes to 20% of the Population
The latest Inheritance in Great Britain report reveals huge disproportion.
Michael Klimes Oct 29, 2013
UK House Price Growth Continues Amid Widening Supply-Demand Gap
Average home asking price rose 0.5% in October from previous month, according to Hometrack.
Jerin Mathew Oct 28, 2013
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