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A typical escrow period now is 30 days, but this can vary greatly, ranging anywhere from seven to 10 days to more than a year (if the transaction involves a short sale). Once you get into escrow many items need to be accomplished prior to the close,
An illuminated euro sign is seen in front of the headquarters of the European Central Bank (ECB) in the late evening in Frankfurt January 8, 2013. ECB to weigh how valuable each nation's debt is as collateral . Asia. "Our immediate target is to
Standard Chartered PLC's chief executive Peter Sands denied U.S. activist investor Muddy Waters ' claim that the bank has taken on too much risk, saying its loan book was in a good condition and there is no change in risk appetite for lending. Sands'
The Reserve Bank today said majority of external members on its advisory panel were not in favour of easing interest rate, though it went ahead with a 0.25 per cent cut while announcing 2013-14 annual monetary policy earlier this month. The "four
Merck & Co Inc. said it will repurchase $5 billion worth of its common stock under an accelerated share repurchase agreement with Goldman Sachs & Co. Merck, the world's third-largest drugmaker, said the buyback program is part of a previously
B ritish brokerage Barclays on Tuesday said the Reserve Bank will reduce its policy rates by a hefty 0.75 per cent till December as against the earlier estimate of 0.25 per cent following further cooling off in inflation. "We are now expecting
Commonwealth Bank has reported third-quarter cash profit of $1.9 billion on a higher lending margin and controlled expenses. Unaudited net profit in the three months ended March 31 was also $1.9 billion, the bank said in statement this morning. Cash
As domestic developers become less reliant on bank loans to fund their projects, most analysts believe the policy is more of a short-term monetary tool to mop up liquidity than a solution to influence the investment decisions of property developers.
Themes Adnan is a member of The Motley Fool Blog Network -- entries represent the personal opinion of the blogger and are not formally edited...U.S. financial regulators, will report the sector in its annual report...They include wholesale funding,
Paul Singer , the billionaire founder of hedge fund Elliot Management , believes there are still deadly, fundamental flaws in the global economy. Another Lehman moment, he writes in his latest letter to investors, could come upon us easily, as