Author: Jordan

United Trust Bank (UTB) Mortgages has introduced a package of operational enhancements across its buy-to-let mortgage proposition, as part of its ongoing commitment to making it easier for brokers to place and complete business. The improvements aim to reduce administration, improve consistency and help cases progress more smoothly from application through to completion, allowing brokers to spend less time managing paperwork and more time supporting their landlord clients. Key enhancements include: Less paperwork: reduced mandatory submission requirements help brokers package cases more quickly. Clearer criteria: simpler wording makes it easier to identify the right product first time. …

Sliver Falls on US-Iran Escalations TradingView Source link

Bank of Korea Gov. Shin Hyun-song speaks during a press conference at BOK headquarters in Seoul’s Jung District, June 17. YonhapA quarter-percentage-point increase in mortgage lending rates would add 1.8 trillion won ($1.21 billion) to Korean borrowers’ annual interest burden, Bank of Korea (BOK) data showed Wednesday, with the central bank widely expected to raise its benchmark interest rate on Thursday. The estimate comes a day ahead of the BOK’s Monetary Policy Board meeting, where policymakers are expected to raise the benchmark interest rate by 25 basis points to 2.75 percent, in what would mark the first rate increase since…

A new kebab store opened near my home last week. At least, that’s what I think the owner is selling. It’s a mess, to put it mildly. The store design is all over the place. The menu is a haphazard concoction of biryani, pasta, fries, and kebabs – all mashed together. Its Instagram page doesn’t even match the store’s name. Oh, and the store has been moving around Singapore, swinging from Pasir Ris to Yishun to Holland Village. Everything I could see told me this store had no business being successful. And yet, everything I couldn’t see told a different…

Skipton International shortlisted in mortgage lending awards – Channel Eye Skipton International has been shortlisted for Best Specialist Buy-to-Let Lender at the Mortgage Strategy Specialist Lending Awards 2026. Lucy Lewis (pictured), Senior Manager, Mortgage Sales at Skipton International, said: “Being nominated for Best Specialist Buy-to-Let Lender at the Mortgage Strategy Specialist Lending Awards 2026 is a welcome recognition of the work our teams do every day to support brokers and their clients. “We’d like to thank our colleagues, intermediary partners and customers for their continued support and trust. This nomination reflects the strong relationships we’ve built and our ongoing commitment…

Key Highlights First strategic equity funds from Vulcan’s €2.2 billion ($3.9 billion) Lionheart financing package have been received following achievement of Financial Close in late May 2026. The Lionheart project in the Upper Rhine Valley targets 24,000 tonnes of lithium hydroxide monohydrate per annum — sufficient for approximately 500,000 EV batteries — alongside 275 GWh of renewable power and 560 GWh of heat annually. Receipt of initial funds is described as in accordance with earlier guidance, with further drawdowns to continue based on satisfaction of conditions as construction progresses. Vulcan’s Managing Director described the milestone as demonstrating continued momentum…

Blackstone Inc. stock (ISIN US09259E1082) represents an ownership stake in one of the largest alternative asset managers globally, with hundreds of billions of dollars of client capital deployed across private equity, real estate, credit, hedge fund solutions and infrastructure strategies. The company earns a substantial portion of its revenue from management and performance fees generated on this capital, giving its share price strong leverage to fundraising cycles, asset valuations and long-term institutional demand for alternative investments.Alternative asset manager at scaleBlackstone Inc. is widely recognized as one of the largest alternative investment firms in the world, overseeing client assets across multiple…

On the earnings front, Dick’s Sporting Goods, on May 27, reported mixed results for the first quarter. The company posted quarterly earnings of $2.90 per share, which missed the analyst consensus estimate of $2.93 per share. The company reported quarterly sales of $5.165 billion, which beat the analyst consensus estimate of $4.974 billion.Jenny Van Leeuwen Harrington, chief executive officer of Gilman Hill Asset Management, LLC, said The Clorox Company (NYSE:CLX) has a 5% dividend yield.As per the recent news, Clorox, on June 17, named Chris Hyder as COO.Don’t forget to check out our premarket coverage hereBill Baruch, founder and CIO…

Global Alts Asia is an annual capital introduction event organized by iConnections and MFA (Managed Funds Association), returning for its 4th edition at Marina Bay Sands, Singapore, from 10–12 November 2025. The event is designed for institutional investors, alternative asset managers, and family offices, and is supported by the Singapore Tourism Board and Marina Bay Sands. The 2025 edition expects more than 400 institutional investors and 250+ alternative investment firms covering hedge funds, private equity, private credit, venture capital, and real assets. Confirmed speakers include senior leaders from Bank of Singapore, Blackstone, CPP Investments, Khazanah Nasional, Jefferies, APG, La Caisse,…

Rates across InterBay’s BTL and product transfer ranges have been cut by up to 0.20%. InterBay, part of OSB Group, has updated its buy-to-let (BTL) range with several changes aimed at giving brokers more flexibility for specialist BTL cases. The lender has introduced a 65% loan-to-value (LTV) option, which means brokers have another choice to better match products to clients’ borrowing needs. InterBay has also brought out a dedicated pricing band for loans between £10m and £25m.  Rates across InterBay’s BTL and product transfer ranges have been cut by up to 0.20%, giving both new and existing clients access to…