Trust Goldman Sachs to make a record fine look like a good result
Bank of America, Citigroup, BNP Paribas and JPMorgan are all universal banks. The FHFA got Bank of America Merrill Lynch to pay $6bn and made it buy back . some mortgage securities. And then there is the big one: towards the end of last year JPMorgan had to. cough up a massive $13bn (unlucky for some), including $4bn related to. issues around mortgage securities. Earlier this month, BNP Paribas had to pay nearly $9bn and plead guilty to a. criminal charge for helping clients to evade US sanctions. which offer a wider range of services than a pure-play investment bank such. The French bank. of the loans it was turning into securities had a decided whiff about them. as Goldmans and therefore have the potential to get into bigger trouble when. was also banned from conducting US dollar-clearing transactions for a year,.
How to have your mortgage by the new year - just in case
- Buy-side focused Abacus Group has launched Abacus Client Portal, which is designed to give clients greater control of and transparency into their AbacusFLEX cloud services. Chris Steele, director of software services at Abacus, tells Buy-Side
- "You'll get loan approval in principle in up to ten working days as long as you have all your documents in order," said Michael Dowling, partner at Abacus Finance. "The next step is the valuation on the property - typically that will take two days but
- The number racks are based on the rekenrek, a math tool developed in Holland that looks similar to an abacus and helps with addition and subtraction. Murin, along with other volunteers, are helping students as they cut wood pieces then assemble the