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Danske Scandal Could Involve US Banks

PYMNTS

The agencies probing the alleged incident include the Securities and Exchange Commission (SEC), the Department of the Treasury and the DOJ. Wilkinson, a British former head of markets in Danske’s Estonian branch until 2014, helped reveal how the non-resident money flowed through the tiny branch between 2007 and 2015.

US 123
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Guest Post: Financial Markets and Economic Update by Dorothy Jaworski

Jeff For Banks

The markets continue to roll and bond markets continue to trade in a 25 basis point range, hitting the higher end when they think the economy is strong (why else would the Fed raise rates?) trillion in Agency mortgage backed securities. I believe that the stock markets believe that eventually the agenda will be accomplished.

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A Decline in Personal Savings

TrustBank

The BEA calculates the personal saving rate by subtracting taxes from personal income to arrive at “disposable personal income” and then subtracts personal outlays. By the 1990’s, improvements in technology and further changes to securities regulations made it easier for corporate customers to access financial markets directly.

US 52
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Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

More recently and by comparison, the mortgage meltdown and subsequent global financial crisis took down more than 500 banks between 2007 and 2014, with total assets of nearly $959 billion. And quite frankly, I did not know there were so many tranches to mortgage-backed securities. trillion failed. What caused it?

FDIC 78
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Guest Post: 2012 Economic Year in Review by Dorothy Jaworski

Jeff For Banks

more “promises,” and a constant flow of new money into the markets. The biggest beneficiary of all this Fed activity has been the stock market—which ended the year at some pretty good “handles,” with the Dow above 13,000, S&P 500 above 1,400, and the Nasdaq above 3,000. Yes, folks, that would be $1 trillion per year!

Taxes 71
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Consumer Lending: Should Banks Do It?

Jeff For Banks

Mortgage bankers and brokers own a significant share of market (although less than prior to the 2007-08 financial crisis). And Quicken Loans is in the top 5 HMDA market share in nearly every market we analyze. We lost auto loans to the indirect market. Real estate secured. Hard collateral. charge-off rate.

Lending 60
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Reverse Trend

Independent Banker

Indicating the market opportunities for these loans, companies providing home health care and “aging in place” house renovations are interested in working with reverse mortgage lenders for their clients, he adds. About the market. who oversees 32 loan officers dedicated to providing the loans.

Trends 70