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Federal Judge Approves $590m Citigroup Toxic Mortgage Assets Settlement
Settlement is between Citi and shareholders over billions dollars of toxic mortgage assets.
UK Home Prices Rise at Fastest Pace in 3 Years
House prices rose 3.9% year-on-year in July, the sharpest yearly increase since August 2010
Ex-Goldman Trader Fabrice Tourre Found Liable For Fraud in SEC Case
Jury concluded that 'Fabulous Fab' misled investors in sub-prime mortgage investment deal five years ago.
Fed Reserve's Bond Purchases To Continue Till Mid-September
Economists expect US QE taper to begin after September's FOMC meeting.
Ex-Goldman Trader Fabrice Tourre Trial to Resume Deliberations
Jurors will decide whether to hold Fabrice Tourre liable for sub-prime mortgage investment deal in 2007.
Accenture in Talks to Acquire Booz&Co
Accenture to boost growth with purchase of Booz&Co.
SEC Fraud Case Against Ex-Goldman Trader Fabrice Tourre Takes Surprise Turn
Tourre's decision not to call other witnesses could work in his favour.
Deutsche Bank Tops Up Litigation Pot by €630m
Litigation cash pile grows as Libor scandal and US residential mortgage-backed securities activity still haunts bank.
UBS to Buy Back Stake in Bailout Fund From Central Bank
UBS expects to exercise option to acquire SNB StabFund's equity in fourth quarter.
Government's Plans to Curb Foreign Investment in London Property 'Xenophobic'
London Central Portfolio claims UK economy would lose billions if foreign investment in London property is tapered.
UK Home Price Growth Slows Down on Weak First-Time Buyer Demand
Average house price rose 0.3% in July, down from 0.4% in June, according to Hometrack.
RBS, Barclays, HSBC Face $4bn Sub-Prime Fines as UBS Pays $885m to Fannie Mae and Freddie Mac
Deal gives UBS full release from other potential claims related to residential mortgage-backed securities.
Ex-Goldman Trader Fabrice Tourre: Key SEC Evidence Was Just a Silly, Romantic E-mail
Tourre denies helping hedge fund manager John Paulson construct a $2bn fund to bet against for profits.
UK Housing Market Faces 'Massive Strain' from Noughties Baby Boom
National Housing Federation points to millennium baby boom for impending housing crisis
China to Make Up for Growth Shortfall With Interest Rate Liberalisation
China allows banks to set their own lending rates as part of its restructuring efforts.
UK Mortgage Lending Surges to 5-Year High on Better Cost And Availability
Housing sector receives boost with mortgage lending in June increasing to £15bn, up 2% from May.
Rightmove Doubles Annual UK Home Price Growth Outlook
All UK regions post on-year price increases for first time in three years due to better borrowing environment
UK Government Housing Schemes Boost Lending to First-Time Buyers
The number of loans advanced to first-time buyers increased by 41.8% on year to 25,100 in May, according to the CML.
George Osborne: No New Property Bubble Despite Soaring UK House Prices
Chancellor George Osborne defends Help to Buy mortgage intervention against criticism it is creating new property bubble.
Barratt Developments' Profits Boosted by Help to Buy and Funding for Lending Schemes
Homebuilder says profit for 2012/13 full year would beat the top end of analysts' forecasts.
UK Home Prices Surge By Fastest Pace Since January 2010
Government schemes to increase mortgage lending boosted buyer demand
Japanese Bank Lending Records Highest Monthly Increase in 4 Years
Japanese bank lending increases in June by 1.9% showing signs of improved economic conditions.
UK House Prices Rise at Fastest Annual Pace Since 2010
Halifax data shows prices in the three months ending in June were 3.7% higher than a year ago.
Vatican Bank Scandal: Director Paolo Cipriani and Deputy Director Massimo Tulli Resign
Resignations follow jailing of Italian cleric over fraud allegations.
Welcome to Zombie Britain Mark Carney: Milestone Arrival of New BoE Governor
Schroders’ European Economist Azad Zangana details what the future may hold for Britain with its new Bank of England leader
Surging First-Time Buyer Demand Boosts UK Home Prices
Average price of a UK house increased 0.4% on month in June.
Singapore Home Prices Rise Further Amid Intense Cooling Measures
Private residential property price index rises 0.8% to 214.9 points in second quarter.
Vatican Cleric 'Monsignor 500' Arrested in Money Laundering Scandal
Nunzio Scarano accused of bringing in €20m cash into Italy from Switzerland on government plane.
London House Prices Rocket to All-Time High
Nationwide house price index shows London's average 5% above pre-crisis levels as rest of UK wallows 9% below.
Virgin Money Plans £1.5bn IPO on Back of Improved Performance
UK’s third-largest mortgage lender plans to raise funds from market.