Finance News

Hong Kong Issues New Property Mortgage Loan Guidelines Including Increasing Self-Occupied Residential Properties Loan Ratio to 70% for Properties Belo

Hong Kong Issues New Property Mortgage Loan Guidelines Including Increasing Self-Occupied Residential Properties Loan Ratio to 70% for Properties Below $3.8 Million Value & 60% Loan Ratio for Properties Above $3.8 Million Value, Non-Residential Proper

logo.png  By NB  Mar 1, 2024

Former Edelman Advisors Sue for Right to Break Covenants

Both Jennifer Staben and Tim Dowden claim the contracts they signed during their time at Edelman discourage individuals from working elsewhere, while Edelman accused one of the advisors of a “flagrant” breach of their deal.

logo.png  By NB  Mar 1, 2024

Number of 401(k) Millionaires Swells Back Toward Record

The amount of seven-figure retirement accounts at Fidelity Investments surged in the fourth quarter of 2023.

logo.png  By NB  Mar 1, 2024

Flawed Valuations Threaten $1.7T Private Credit Boom

Fund managers in this red-hot asset class are often valuing their loans more generously than others do. Regulators are starting to worry.

logo.png  By NB  Mar 1, 2024