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JPMorgan Inks $5.1bn Settlement with US Housing Regulator Over Mortgage Loan Mis-Selling
Deal is part of $13bn agreement reached with US Justice Department.
Jerin Mathew Oct 26, 2013
Sotheby's Auctions Antiques of Ex-Lehman Brothers President Joseph Gregory
Gregory, who left Lehman Brothers just months before its collapse, is selling off his antiques collection.
Shane Croucher Oct 24, 2013
Martin Sorrell's WPP On Course to Hit Full Year Profit Target
Advertising giant WPP posts solid revenue growth in third quarter as Western economies start to recover.
Shane Croucher Oct 24, 2013
JPMorgan Poised to Save $4bn in Tax Write-Offs on Mortgage Probe Settlement
Sources say a majority of the $13bn settlement is tax deductible
Lianna Brinded Oct 23, 2013
Former Jefferies Trader Jesse Litvak Loses in Plea to Drop US Tarp Charges
US District judge ruled former Jefferies trader must face criminal charges for defrauding government by falsifying prices of mortgage securities.
Jerin Mathew Oct 22, 2013
JPMorgan's Jamie Dimon is 'So Damn Proud' of Bank Despite Billions in Fines
JPM's chief executive says embattled bank facing £13bn settlement still 'doing great stuff'.
Lianna Brinded Oct 22, 2013
London House Prices 'Frenzy' Propels UK Property Market Back to Growth
Average asking price rises 2.8% but London prices soar 10.2%.
Jerin Mathew Oct 21, 2013
JPMorgan's Jamie Dimon Begs Regulators to End Criminal Probe
JPM's chief executive is urging watchdogs to end the criminal probe into mortgage related issues
Lianna Brinded Oct 21, 2013
JPMorgan Seals Tentative $13bn Mortgage Probe Settlement
Reports say JPM has struck deal with US Department of Justice but remains open to criminal liability.
Lianna Brinded Oct 20, 2013
HSBC Hit With Record $2.46bn Securities Fraud Class Action Judgment
HSBC pledges to fight the bumper judgment relating to a unit it bought before the financial crisis
Lianna Brinded Oct 18, 2013
Are Energy Companies Handing Ed Miliband the Keys to 10 Downing Street?
The Labour party's campaign to put itself on the side of hard pressed families has seen new attacks on the big energy companies and payday loan firms.
Nick Assinder Oct 17, 2013
Lloyds Chief António Horta-Osório: Liberalise Planning Law or Risk UK Housing Bubble
As Help to Buy stokes housing market demand, Lloyds boss warns on perils of limiting supply.
Shane Croucher Oct 14, 2013
HSBC Warns George Osborne: Focus on Quality of UK Recovery
HSBC note cautions that debt-driven consumption still major force behind UK economy.
Shane Croucher Oct 14, 2013
UK Construction Sector Builds Workforce as Housebuilding Boosts Job Demand
Exclusive research: Careerbuilder.co.uk says trend of hiring in the industry will continue into New Year.
Ian Silvera Oct 11, 2013
JPMorgan Reports Loss in Humiliation for Jamie Dimon
JPMorgan posts first quarterly loss under chief executive Jamie Dimon
Michael Klimes Oct 11, 2013
First £1 Liverpool Home Sold to Taxi Driver Jayalal Madde
First person to successfully apply to buy derelict property for £1 handed keys by Liverpool mayor.
Ewan Palmer Oct 10, 2013
RBS: No Formal Plan to Sell £3bn West Register Residential Property Assets
Reports suggested RBS would float a real estate investment trust using West Reigster assets, but bank denies plan.
Dominic Gover Oct 10, 2013
Help to Buy: Santander Signs Up to UK Government's Mortgage Guarantee
Santander chief executive Ana Botin confirms bank will use controversial Help to Buy guarantee.
Shane Croucher Oct 10, 2013
Ed Miliband Faces 'Marxist' Taunts from Prime Minister David Cameron
Labour leader Ed Miliband has been accused of wanting to live in a "Marxist Universe" during the first Prime Minister's Question Time of the parliamentary year.
Nick Assinder Oct 09, 2013
Bank of England Credit Conditions Survey: UK Chancellor George Osborne's Help to Buy is Working
Supply and demand for household credit is up across the board shows third quarter results
Michael Klimes Oct 09, 2013
UK House Prices Rise at Quickest Pace in 11 Years - Rics
Housing bubble fears bolstered by sharp prices rise, but others point to sustainable recovery from post-2008 slump.
Shane Croucher Oct 08, 2013
Help to Buy: George Osborne Launches Mortgage Guarantee Amid UK House Price Bubble Concerns
Critics say Osborne inflating demand without improving supply, but others say prices well below peak in most regions.
Shane Croucher Oct 08, 2013
Help to Buy: Mortgage Guarantee Another Boost for Challenger Banks
Aldermore has already signed up to Help to Buy guarantee and other challengers may follow.
Shane Croucher Oct 07, 2013
Help to Buy: Doubts Grow as UK Launches Second Phase Next Week
Second phase provides help to home buyers in form of equity loan and mortgage guarantee.
Jerin Mathew Oct 05, 2013
Strident UK Service Sector Led by Financial Firms as Mortgage Easing Schemes Boost Bank Profits
Markit UK service sector PMI shows continued strong output growth as banks cash in on housing recovery.
Shane Croucher Oct 03, 2013
Amanda Bynes Moved to Schizophrenia and Bipolar Disorder Speciality Facility in Malibu
Amanda Bynes has been shifted to a specialty treatment facility in Malibu.
Dipty Nair Oct 03, 2013
FCA Warns Payday Lenders: You're on Notice as Clock is Ticking Down to Tough Regulation
Financial Conduct Authority assumes regulatory control for controversial payday lending industry in April 2014.
Shane Croucher Oct 03, 2013
Tory Conference: David Cameron Echoes Margaret Thatcher in 'Land of Opportunity' Pledge
Prime minister aims to win hearts and minds with message of aspiration and home ownership.
Michael Klimes Oct 02, 2013
UK Construction Recovery: Housebuilding Output Close to 10-Year High
Markit PMI for UK construction sector shows more robust output growth in once troubled industry.
Shane Croucher Oct 02, 2013
FPC: There's No UK House Price Bubble
Housing activity is below historical averages concludes BoE Financial Policy Committee in September meeting minutes.
Michael Klimes Oct 01, 2013
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