Big Banks Now Need to Figure Out How to Divvy Up Their Tax Windfall

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JPMorgan Chase& Co . and Wells Fargo& Co.will derives an even bigger windfall from U.S. imposition sections than most specialists had predicted — a combined pull of about$ 7 billion this year for two of the biggest corporate taxpayers. Now, managers have to decide how to divvy up that fortune. Borrowers including small businesses and […]

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The Next Big Trade for Bond Investors Is Betting on U.S. Homeowners

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One of the best bail trades of 2018 might be one of the crest from this year: bet that U.S. homeowners won’t default on their mortgages. Money administrators piled into relatively recent Fannie Mae and Freddie Mac ligaments known as “credit risk transfer” insurances in 2017 in part because they are moving frequency, a boon […]

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European Banks Forced to Open the (Data) Vault

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The castle walls are about to come down. For years, European banks have been self-contained forts that ferried their patrons with everything from chequing account to credit cards to mortgages, while stockpiling terabytes of data on their spending practices. Now these institutions are about to open up like never before as lawmakers seek to foster […]

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