Supermarket giant Tesco has suspended some parts of its online banking system after it detected attempts to steal cash from customers’ accounts. It said it spotted “suspicious transactions” on 40,000 accounts over the weekend, with money reportedly taken from about half of them. Tesco has declined to elaborate on what ... Read More »
Index investors can’t seem to get enough of real-estate investment trusts: They collectively hold more than 15% of shares outstanding of several of the largest publicly traded property owners in the U.S., a Wall Street Journal analysis found. Exchange-traded funds specifically held about $61 billion of U.S. and international REITs, ... Read More »
Banks continued to tighten lending standards to commercial real estate loans in the third quarter, according to a Federal Reserve survey released Monday. The Fed survey of senior loan officers of 69 domestic banks and 21 foreign banks found standards were tightened on all types of commercial real estate loans. ... Read More »
Banks tightened standards on commercial real estate loans during the third quarter but left lending practices for commercial and industrial loans virtually unchanged overall, according to a survey of loan officers released on Monday by the Federal Reserve. For households, some banks reported easing lending standards on mortgages eligible for ... Read More »
In Mumbai’s real estate landscape, prices generally reduce as one moves from the south to the northern suburbs. Today, most home buyers prefer properties in the suburbs, due to its affordability, connectivity to one’s work place and social infrastructure. Overview of Mumbai hotspots Kedar Joshi, CMO of Ahuja Constructions, points ... Read More »
