All The World's News
Recent News Headlines : Patrick Honohan
ALMOST HALF OF NEW, YOUNG HOMEOWNERS HAVE DOWN PAYMENTS OF LESS THAN 20%
Counterintuitively, while the central bank is less worried about high-ratio loans, it is getting more worried about low-ratio ones... READ MORE›
POUND TO FOLLOW POLITICS AS SCANDAL-HIT U.K. RENEWS BREXIT TALKS
The BOE has removed a key support for the pound, said Georgette Boele, a currency strategist at ABN Amro Bank NV in Amsterdam... READ MORE›
STOCKS MIXED, EURO GAINS; DOLLAR DROPS BEFORE FED
The British pound gained before the Bank of England's rates decision... READ MORE›
BANKS HAVE DRAGGED THEIR HEELS FOR TOO LONG OVER TRACKER SCANDAL, SAYS TAOISEACH
The Central Bank Governor insisted the probe was the largest, most complex and significant conduct review undertaken by the bank to date... READ MORE›
CENTRAL BANK 'PUSHING LIMITS OF POWERS' TO HELP MORTGAGE SCANDAL CUSTOMERS
Approximately 60 percent of these cases arose as a result of customers not receiving a tracker product, Mr Lane said... READ MORE›
THE DEADLINE FOR BANKS TO ACT OVER TRACKER MORTGAGES WAS YESTERDAY
Leo Varadkar The deadline for banks to act over tracker mortgages was yesterday... READ MORE›
PEOPLE HAVE KILLED THEMSELVES OVER TRACKER MORTGAGE RATE SCANDAL, VICTIMS SAY
There were also about 1,400 cases of customers being denied tracker rates involving Springboard Mortgages, which was a subsidiary of Permanent TSB... READ MORE›
HOUSING AFFORDABILITY SET TO GET EVEN WORSE NEXT YEAR, BIG BANKS WARN
Mortgage carrying costs to rise 8 percent for new buyers next year, Scotiabank says... READ MORE›
1/ STRONG QUARTER? NOT HALF
The central bank will sell bonds and hold deposit auctions to finance the rescue... READ MORE›
Trending News Headlines : Patrick Honohan
TRUMP'S FIRST EXECUTIVE ACTION: CANCEL OBAMA'S MORTGAGE PREMIUM CUTS
In one of his first acts as president, President Trump made it harder for Americans to afford a mortgage, he said... READ MORE›
VENEZUELANS GIVE UP ON COUNTING PILES OF CASH AND START WEIGHING THEM
For a QuickTake explainer on Venezuela's economy, click here Until now, as the bolivar sank, the government declined to print bigger-denomination bills... READ MORE›
OTTAWA MOVES TO LIMIT FOREIGN MONEY IN HOUSING WHILE TIGHTENING RULES FOR RESIDENTS TOO
Ottawa has announced new rules aimed at limiting foreign money into Canadian real estate and ensuring that borrowers take on mortgages they can afford... READ MORE›
THE WORLD ECONOMIC ORDER IS COLLAPSING AND THIS TIME THERE SEEMS NO WAY OUT
The IMF is profoundly concerned, warning at last week's annual meeting in Peru of 3tn ?1.95tn of excess credit globally and weakening global economic growth... READ MORE›
'KEY PIECE OF INFORMATION' MISSING FROM MORTGAGE DOCUMENTS COSTS HOMEOWNER EXTRA $10K
'Clear direction' needed, lawyer says In 2010, the federal government's budget included a promise to standardize the calculation and disclosure of mortgage prepayment penalties... READ MORE›
RUSSIAN CENTRAL BANK, PRIVATE BANKS LOSE $31 MLN IN CYBER ATTACKS
Central bank official Artyom Sychyov discussed the losses at a briefing, saying that the hackers had attempted to steal about 5 billion rubles... READ MORE›
BRITISH PANIC OVER MARMITE SHOWS BREXIT JUST GOT REAL
What can the bank of england do about inflation? what does that mean for interest rates?... READ MORE›
BANK VOTES 8-1 TO KEEP UK RATES AT RECORD LOW
UK interest rates have been held at 0.5 again by the Bank of England's Monetary Policy Committee MPC ... READ MORE›
INDIA PULLS 500, 1,000-RUPEE NOTES TO 'FIGHT GRAFT'
Indian Prime Minister Narendra Modi has ordered the withdrawal of 500 and 1,000-rupee notes from circulation on Tuesday in a shock announcement designed to tackle widespread corruption... READ MORE›
BUY-TO-LET CRACKDOWN WILL 'END THE DREAMS' OF MIDDLE-CLASS INVESTORSA
If interest rates were to move up quickly that would cause buy-to-letA investors a huge problem as they are too acclimatized to low rates... READ MORE›
CANADIAN BORROWERS WAIT AND WONDER IF RATES WILL RISE TOMORROW
Whether or not central bank lifts interest rates, the impact of a rise is already in the market... READ MORE›
KENNY SAYS ARAS ATTRACTA ABUSE SICKENING
Meanwhile, former European commissioner Olli Rehn yesterday said he would consider seriously appearing before the forthcoming banking inquiry if he is asked to do so... READ MORE›
XIAOMI TO OPEN ONLINE US STORE
06 45 HSBC tax scandal BBC Radio 4 The Bank of England's Sir Jon Cunliffe was asked about HSBC on Today... READ MORE›
BANK OF ENGLAND MEMBER WARNS OF LOW INTEREST RATES RISK
Bank of England policymaker Kristin Forbes warns that keeping interest rates low for too long could harm the UK's economy... READ MORE›
CENTRAL BANKERS GROUP ISSUES STARK WARNING ON WORLD ECONOMY
Banks' depressed equity prices and budding signs of tension in bank funding markets added another sobering note, the Switzerland-based BIS added... READ MORE›
EUROPEAN CENTRAL BANK PLAYS KEY ROLE IN GREEK CRISIS
But tension between Greece and the European Central Bank could rapidly escalate over the huge credit line that is keeping the country's banks afloat... READ MORE›
DOES THE FUTURE BELONG TO PLASTIC CASH?
Robertshaw is the chief executive officer of Innovia, the world's leading maker of plastic money... READ MORE›
EURO 'HOUSE OF CARDS' WILL COLLAPSE, MONETARY UNION ARCHITECT WARNS
One day, the house of cards will collapse, Issing said in an interview with the journal Central Banking... READ MORE›
BETWEEN POT AND A HARD PLACE
The credit union then needed permission from the Federal Reserve to access the national banking system and perform electronic transactions... READ MORE›
CARNEY PUTS BANKERS' PAY IN SPOTLIGHT
Threat As the Governor of the Bank of England, Mr Carney is the man with overall responsibility for financial stability in the UK... READ MORE›
UK INTEREST RATES STAY ON HOLD AGAIN
Related Stories UK interest rates have been held at a record low of 0... READ MORE›
3 SOLUTIONS FOR WOULD-BE BUYERS DISMAYED BY CANADA'S HOT HOUSING MARKET
Assuming a typical five-year 2.5 per cent fixed-rate mortgage, monthly payments including mortgage insurance would be about 2,231 over a 25-year amortization... READ MORE›
TRUMP'S CLAIM THAT ELIZABETH WARREN MADE A 'QUICK KILLING' IN FORECLOSURES
We located 25 real estate transactions in the Oklahoma City area related to Warren's family and 21 mortgage loans made by Warren to her family members... READ MORE›
HOW 'BLACK MONEY' SAVED THE INDIAN ECONOMY
There were some shrewd precautionary moves by India's central bank, concedes Mr Basu, but he says one important answer is all that dirty money... READ MORE›
STARTING A BANK IS THIS BRITISH TOWN'S SOLUTION TO FUNDING CUTS
He found buyers in Cambridge University's Trinity Hall and a local pension fund who renamed what was left of the company Cambridge Counties Bank... READ MORE›
BANK OF CANADA CUTS ECONOMIC OUTLOOK ON SLOWER HOUSING MARKET, SOFTER EXPORTS
The central bank trimmed its outlook for growth this year to 1.1 per cent, from the 1.3 per cent it had forecast in July... READ MORE›
A POLYMER FIVE-POUND NOTE WORTH $5,000? NOW THAT'S INFLATION
One of the Bank of England's new five-pound notes... READ MORE›
BONDS FALL DOLLAR RISES AS TRADERS MULL WANING STIMULUS OIL UP
Elsewhere in the world, Norway's krone rose as the nation's central bank kept interest rates unchanged after scrapping plans for more stimulus... READ MORE›
CHINA BUSTS UNDERGROUND BANKS INVOLVING MORE THAN $148 BILLION
The yuan has depreciated 7.8 percent against the U.S. dollar since the central bank devalued the currency in August last year... READ MORE›
THE DAY THE CREDIT CRUNCH BEGAN, 10 YEARS ON
Since the run on Northern Rock, regulation and supervision of banks has been strengthened... READ MORE›