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Italy Government Picks Ceo Of Cdp And Treasury Dg Sources

ROME – The Italian government has agreed to appoint Fabrizio Palermo as the new CEO of state lender Cassa Depositi e Prestiti (CDP) and Alessandro Rivera as...

Amex Rewards Program Costs Cloud Strong Quarterly Results

– American Express Co (AXP.N) reported a steep rise in quarterly expenses as the credit card issuer spent more to fund its rewards program, overshadowing its...

American Express Quarterly Profit Rises 21 Percent

– American Express Co (AXP.N) reported a 21 percent rise in quarterly profit on Wednesday as a strengthening U.S. economy drew in more customers and encouraged...

Exclusive Canada Housing Agency Pushes For Better Income Checks To Catch Fraud

TORONTO – Canada’s housing agency has asked the country’s tax authority to take a “more direct and formal role” verifying income claimed on...

Us Home Refinancing Recovers From 17-12 Year Low Mba

NEW YORK – U.S. loan applications to refinance existing homes rebounded from their lowest levels in over 17-1/2 years last week, while home borrowing costs were...

Ibm Partners Stronghold For New Digital Stable Coin

NEW YORK – International Business Machines Corp is backing a new cryptocurrency pegged to the U.S. dollar, in a partnership with U.S.-based financial services...

A Decade On Pre-crisis Mortgages Linger For Big Banks Homeowners

NEW YORK – A decade on big U.S. banks are still running down and selling off crisis-era mortgages, a process executives point to as weighing on loan growth. Eager...

Exclusive India Proposes Easing Local Data Storage Rules For Foreign Payment Firms -document

NEW DELHI – India’s finance ministry has proposed relaxing a directive from the country’s central bank that would compel global payment firms to store...

Exclusive India Finance Minister Proposes Relaxing Local Data Storage Rules For Payment Firms

NEW DELHI – India’s finance ministry has proposed relaxing a directive from the country’s central bank to compel global payment firms to store customer...

Us Home Refinancing Requests Drop To Lowest Since 2000 Mba

NEW YORK – U.S. loan applications to refinance existing homes fell to their lowest in over 17-1/2 years even as most 30-year home borrowing costs fell last week,...