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Tag Archives: banking

Male bankers big winners from Hayne

This rate of progress points to an equal amount of male and female CEOs in the top 200 in about 86 years time or 2105. Westpac replaces men with men This week’s management reshuffle by Westpac Banking Corp triggered by chief executive Brian Hartzer’s decision to reset the wealth management …

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NAB steps up on definition of small business loan facility

 The Australian Small Business and Family Enterprise Ombudsman, Kate Carnell, has congratulated the National Australia Bank’s lead in expanding its definition of small business to capture total lending of up to $5 million – higher than the aggregate $3 million in the Banking Code of Practice 2019. “It’s definitely a step …

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One man’s fight exposes the greed that still drives big banks

Few other issues seemed to define the essential wickedness at the heart of unrestrained capitalism than the conduct of the banking industry during and after the financial crash of 2008. In the pursuit of riches beyond the imagination of most people, many senior bankers deliberately ruined the lives of millions …

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HomeStreet Bank moves to sell off almost entire mortgage business

After struggling to keep up with the mortgage business’ new reality of lower refinance originations due to higher mortgage interest rates, HomeStreet Bank announced Friday that it is plotting a mass exodus from the mortgage business. Back in July, HomeStreet, a community bank and mortgage lender that operates bank branches …

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ESPERITE NV (ESP) AND PBKM (FAMICORD GROUP) SIGN EXCLUSIVE AGREEMENT REGARDING POTENTIAL ACQUISITION OF CRYO-SAVE’S FAMILY STEM CELL BANKING BUSINESS.

Amsterdam, the Netherlands – 22 February 2019 Esperite N.V. (Euronext: ESP) and Polski Bank Komórek Macierzystych S.A. (WSE: PBKM) are pleased to announce that they have entered into an Memorandum of Understanding (MoU) regarding the potential acquisition by PBKM of substantially all Cryo-Save’s business related to stem cell banking (the …

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HomeStreet Bank Announces Intent to Seek Buyers for its Home Loan Center-Based Mortgage Origination Business and Servicing Rights

SEATTLE–(BUSINESS WIRE)–HomeStreet, Inc. (Nasdaq:HMST) (the “Company” or “HomeStreet”), the parent company of HomeStreet Bank (“HomeStreet Bank”), announced today that it has retained Keefe, Bruyette Woods to seek buyers to acquire its stand-alone home loan centers and related mortgage origination personnel. Additionally, the Company has retained MountainView Transaction Advisory, LLC to …

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