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21 HOURS AGO - Business Insider

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One million Britons made this massive mistake when buying their homes

Around 1 million people in Briton made a massive mistake when buying their home — they took out interest-only mortgages and have no plan on how to pay the banks back for their property. The Citizens Advice Bureau, which gives consumers free, confidential, and impartial advice over issues such as debts, welfare, housing, and consumer rights, warned that 934,000 UK home owners have no plan for ...

Tags: One million Britons made this massive mistake when buying their homes,  Financial Conduct Authority Latest News

SEP 04, 2015 - Business Insider

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One million Britons made this massive mistake when buying a home

Around one million people in Briton made a massive mistake when buying their home — they took out an interest only mortgage and had no plan on how to pay the banks back for their property. The Citizens Advice Bureau, which gives free, confidential, and impartial advice over issues such as debts, welfare, housing, and consumer rights, warned that 934,000 home owners had no plan ...

Tags: One million Britons made this massive mistake when buying a home,  Financial Conduct Authority Latest News

SEP 01, 2015 - Zero Hedge

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Trump: The Art Of The Bureaucrat

Submitted by Doug French via Mises Canada, Donald Trump says America’s problems are managerial. The political class is “stupid,” and “horrible negotiators.” He can fix the country’s problems instantaneously with his own entrepreneurial ability and by drafting into government service the likes of multi-billionaire Carl Icahn. Trump claims he said over dinner recently,  “Carl, if I get this thing, I ...

Tags: Trump: The Art Of The Bureaucrat,  Financial Conduct Authority Latest News

AUG 27, 2015 - Business Insider

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Ex-Rabobank traders seek dismissal of U.S. charges over Libor scheme

By Nate RaymondNEW YORK (Reuters) - Two former Rabobank [RABO.UL] traders urged a U.S. judge on Thursday to dismiss an indictment accusing them of engaging in a scheme to manipulate Libor, the benchmark interest rate at the center of a global investigation into misconduct at several banks.Lawyers for Anthony Allen and Anthony Conti told a Manhattan federal judge that prosecutors ...

Tags: Ex-Rabobank traders seek dismissal of U.S. charges over Libor scheme,  Financial Conduct Authority Latest News

AUG 27, 2015 - Business Insider

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A trading firm that was frozen for over a month is doing much better than you'd think

Stock betting firm Plus500 says it's on course to do better than forecast this year. That's despite a huge issue with the regulator that froze its business in May and tanked its share price. Plus500 put out a relatively solid half-year on Thursday, revealling: Revenues up 20% to $127 million (£81.9 million); Earnings before tax, interest and depreciation down 23% ...

Tags: A trading firm that was frozen for over a month is doing much better than you'd think,  Financial Conduct Authority Latest News