Author: Jordan

The annual Canadian Mortgage Awards quickly approaching, so we’ll continue announcing the lucky finalists.This year marks the 11th annual CMAs – an event that will also be celebrated in a special commemorative issue of Canadian Mortgage Professional magazine.Set for May 12 at the Liberty Grand in Toronto, the industry’s most swanky event promises to draw the best and brightest from the channel. Be sure to book your time, as time is running out.With all the changes the industry has gone through in the past few years – not the least of which, increasingly difficult mortgage rules – and the challenges…

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Landbay has launched five new product transfer (PT) tracker products within its Core and Specialist ranges.Core products are available for portfolio landlords, with options for individuals and all limited company structures, while Specialist offers flexible products for more specialised properties including houses in multiple occupation (HMOs) and multi-unit freehold blocks (MUFBs).The new additions include three Core 2-year tracker PT products, alongside new 2-year trackers for both Specialist small HMO and small MUFB.Landbay said the launch of the new products came directly from increased broker and landlord client interest in tracker products, at a time when expectations around future interest rate…

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WealthBriefing recently spoke to the founder of an equities multi-manager fund and investment business about a particular approach taken towards areas such as the fees that it charges. One way that a hedge funds business makes an impact in the battle for investors’ attention is returns after fees – even more important in a sector that has traditionally been relatively expensive. Even though the old “2 and 20” model is not what it was (2 per cent annual management fee and 20 per cent performance fee) this is still a business that can charge more than, say,…

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By an AD HOC NEWS markets desk editor. Reviewed recently for accuracy and completeness.The Travelers Companies, Inc. (ISIN US89417E1091) is a leading property and casualty insurer in the United States with a long-standing listing on the New York Stock Exchange. As a component of the Dow Jones Industrial Average, the group plays a visible role in US financial markets and in diversified insurance exposure for many retail portfolios.Travelers Companies in the US marketTravelers Companies operates as a major property and casualty insurer serving individuals, small and midsize businesses, and large corporate clients across the United States. The company’s inclusion in…

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The fraud exploited specific bank identification numbers, and the country reportedly did not require two-factor authentication for e-commerce | Photo Credit: AINNIE ARIF/Reuters Yes Bank has disclosed that its internal investigation has revealed that fraudulent transactions aggregating about USD 0.28 million on its multi-currency prepaid forex card, which was issued in partnership with BookMyForex, were carried out on 15 merchants based in a Latin American country in the early hours of February 24, 2026, between 3:30 am and 8:30 am (IST)The aforementioned transactions were approved on behalf of 5,000 customers, the private-sector bank said in a statement.The Bank said its…

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United Trust Bank (UTB) Mortgages has strengthened its buy-to-let (BTL) proposition with the appointment of Frankie Kitchen as key account manager. Kitchen (pictured), who joined UTB’s mortgage sales team as a business development manager (BDM) in September 2024, will work closely with Alex Alexandrou, sales director for BTL and unregulated bridging, and Andrew Ferguson, commercial director for mortgages, BTL and bridging. Kitchen will help to support the delivery of the bank’s growth strategy as it prepares to introduce a series of product and criteria enhancements to its proposition. His immediate objectives will be to develop strategic relationships with key…

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*This content was translated by AI./Photo=KB Kookmin Bank Corporate Finance Drama’s praise is unanimous for actor Kim Nam-gil’s exceptional sincerity.Following the first episode of KB Kookmin Bank’s corporate finance drama, featuring Kim Nam-gil, surpassing 1 million views just one week after its release on the 26th of last month, and now exceeding 1.4 million views, it continues to maintain steady interest. The financial brand content has garnered an unprecedented response, earning evaluations that it demonstrates new possibilities for corporate finance content.This drama unfolds primarily through the story of RM (Relationship Manager), who breathes in closest proximity with customers on the…

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Gold’s safe-haven appeal is being tested by the same geopolitical shock that would normally support it.The metal swung between gains and losses on Wednesday after fresh US strikes on Iran lifted oil prices, strengthened the dollar and revived worries that inflation could stay sticky. That left bullion caught in a difficult trade: demand for protection is rising, but so are the forces that make non-yielding assets less attractive. With the Federal Reserve’s June minutes due later in the day, traders are looking for signs of how Chair Kevin Warsh is reading the inflation threat.Spot gold rose 0.5% to $4,125.59 an…

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Kitchen, who joined UTB as a business development manager in September 2024, will work alongside Alex Alexandrou and Andrew Ferguson. United Trust Bank (UTB) Mortgages has appointed Frankie Kitchen (pictured) as buy-to-let (BTL) key account manager. Kitchen, who joined UTB as a business development manager in September 2024, will work alongside Alex Alexandrou, sales director – buy-to-let and unregulated bridging, and Andrew Ferguson, commercial director – mortgages, buy-to-let and bridging, to support the lender’s growth strategy. The appointment comes ahead of a series of planned enhancements to UTB’s buy-to-let proposition, including product and criteria changes due to be announced in…

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