London or Londongrad? What makes the UK a hub for global ‘dirty money’

For years, the United Kingdom (UK), specifically London, has continued to be a haven for economic offenders from other nations. Russian oligarchs have kept their money parked in the country in the form of property and other assets. It has earned the city an unenviable nickname, ‘Londongrad’. Even Indian … Read more

Fluent Money to offer MPowered Mortgages prime resi range

MPowered Mortgages has expanded its reach in the prime residential market after partnering with Fluent Money. The partnership will see Fluent Money offer MPowered Mortgages’ full range of residential mortgage products for prime borrowers. MPowered’s prime residential products include two-, five-, seven- and 10-year fixed rate mortgages.  The range comes with a free valuation on … Read more

option trading: ETMarkets Trade Talk: 3 principles that help Bangalore’s option trader Siva make money in 5 minutes

Bangalore: Armed with all the latest tools, courses, mentors and chart reading techniques, around 90% of options traders in India end up losing money. So let us look at how one of the top traders in the elite 10% club has been minting money in the F&O segment. In this interview with ETMarkets on the … Read more

Money laundering: Satyendar Jain withdraws interim bail plea, wife released

Delhi Cabinet Minister Satyendar Jain on Saturday withdrew his interim bail plea filed on medical grounds. Jain was arrested by the Enforcement Directorate (ED) in a money laundering case on May 30. The special CBI court on Saturday noted that Satyendar Jain is getting discharged from the hospital today and wishes to … Read more

Warren Buffett says this is the ‘biggest mistake’ people make with their money (and psst: it has to do with savings)

Warren Buffett johannes eisele/Agence France-Presse/Getty Images Warren Buffett, the infamous 91 year-old Oracle of Omaha, is worth roughly $100 billion dollars — and could clearly spend frivolously. But Buffett is notorious for his spendthrift ways (remember, he eats frequently at McDonald’s) and his emphasis on creating financial security.  He’s also a big fan of learning to … Read more

Apple Borrows Money to Buy Back Stock. What That May Say About the Bond Market.

Text size A new Apple store in London, shown in late July. Dan Kitwood/Getty Images Apple is gearing up for a four-part bond sale to fund stock buybacks. Apple (ticker: AAPL ) is planning to use the proceeds from the sale for general corporate purposes, including buying back shares and paying dividends, the company said … Read more

My boyfriend, 68, has almost no ‘mad money’ for fun activities and trips. He lives with his father, 95, and expects to inherit his house. Is it unreasonable to expect him to get a part-time job?

I am a 65-year-old retired woman with modest Social Security and annuity payments. I also own my own home and have savings. I’ve been seeing a 68-year-old retiree since just before the pandemic. He lives with his 95-year-old dad, who is in poor health (he can’t get around much, doesn’t drive, and is showing signs … Read more

Register to flush out ‘dirty money’ property wealth goes live

A new government register to flush out corrupt oligarchs and criminals laundering money through UK property goes live today and will carry penalties of up to five years in prison for those who flout its rules. The Register of Overseas Entities will require anonymous foreign companies owning or seeking to buy UK land to reveal … Read more

UK launches property register to curb flow of £100bn ‘dirty money’

A new register will be launched on Monday to highlight the ultimate owners of overseas companies that control land in the UK — six years after it was first announced by former prime minister David Cameron. The new register is designed to help tackle the estimated £100bn a year of illicit financing that the National … Read more