The following statement was released by the rating agency) NEW YORK, March 11 (Fitch) Prime mortgage borrowers in U.S. RMBS pools issued since the start of 2010 are still prepaying at rapid rates, reflecting the refinance incentives driven by low mortgage rates, according to Fitch Ratings. Historically, high refinance activity […]
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Here’s How Morgan Stanley Fared in the Stress Tests
Yesterday, the release of the results from the Federal Reserve’s annual stress tests highlighted the impact of the changing regulatory and operating environment on firms like Morgan Stanley (NYSE: MS ) and Goldman Sachs. While these capital markets-focused firms undergo the same assessments as the large depository institutions with trading arms […]
Top 10 Brokers Close with Deals 23% Less in Value
By Richard ABANGWU InvestAdvocate Lagos (INVESTADVOCATE)-The Top 10 Brokers on the Nigerian Bourse has ended the week with deals 23 percent (23%) less in value when compared to the previous week. Last week, the Top 10 Brokers by value ended the week with deals worth N34, 669,699,202.62 compared to N26,960,403,373.78 […]
