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1d
Business Wire
Fitch Affirms Unifin's IDRs at 'BB'; Outlook StablePre-paid expenses were re-classified as intangibles and deducted from Tangible
Fitch Affirms Unifin's IDRs at 'BB'; Outlook Stable
Business Wire / Posted yesterday
Pre-paid expenses were re-classified as intangibles and deducted from Tangible Equity. Applicable Criteria Global Non-Bank Financial Institutions Rating Criteria (pub. 28 Apr 2015) National Scale Ratings Criteria (pub. 30 Oct... Read more
9 related stories
1d
WBTV Charlotte
Charlotte bank stocks plunge following Brexit votefell. The parent company of Charlotte-based Park Sterling Bank saw a 3 percent
Charlotte bank stocks plunge following Brexit vote
WBTV Charlotte / Posted yesterday
fell. The parent company of Charlotte-based Park Sterling Bank saw a 3 percent slide to $3.06. Charlotte-based Capital Bank Financial Corp. fell about 3.4 percent to $30.22. The vote to leave the EU will cause negative impacts on large U.S.... Read more
1d
Dundas Star News
Britain urged to make rapid exit from EU as shockwaves hit marketsper cent of its goods exports there, and Ontario, which sends about six per cen
Britain urged to make rapid exit from EU as shockwaves hit markets
Dundas Star News / Posted yesterday
per cent of its goods exports there, and Ontario, which sends about six per cent. Energy analyst Greg Colman of National Bank Financial said the Brexit vote could lead to lower demand for oil and natural gas in Britain and Europe if their... Read more
2 related stories
1d
The Record
Britain urged to make rapid exit from EU as shockwaves hit marketsper cent of its goods exports there, and Ontario, which sends about six per cen
Britain urged to make rapid exit from EU as shockwaves hit markets
The Record / Posted yesterday
per cent of its goods exports there, and Ontario, which sends about six per cent. Energy analyst Greg Colman of National Bank Financial said the Brexit vote could lead to lower demand for oil and natural gas in Britain and Europe if their... Read more
2 related stories
1d
Calgary Sun
As loonie drops, worries about Brexit impact on Canadagoing to take a "wait and see" approach before making any further investments.
As loonie drops, worries about Brexit impact on Canada
Calgary Sun / Posted yesterday
going to take a "wait and see" approach before making any further investments. Energy analyst Greg Colman of National Bank Financial said the Brexit vote could lead to lower demand for oil and natural gas in Britain and Europe if their... Read more
1d
New Kerala
Nationwide NPS awareness campaign to begin from June 27 - newkerala.com #81480benefits in the market, marketed and distributed by Points of Presence (POPs).
Nationwide NPS awareness campaign to begin from June 27 - newkerala.com #81480
New Kerala / Posted yesterday
benefits in the market, marketed and distributed by Points of Presence (POPs). So far 72 POPs (comprising of banks, non-bank financial companies, micro finance institutions etc.) have registered over 55,500 branches in the NPS system for... Read more
1d
AllAfrica.com
MyBucks Lists On Frankfurt Stock Exchangeapproval by each central bank in the countries concerned) of three banks, one s
MyBucks Lists On Frankfurt Stock Exchange
AllAfrica.com / Posted yesterday
approval by each central bank in the countries concerned) of three banks, one saving and loans company and two non-bank financial institutions from Opportunity International, Chicago, will fast track MyBucks' expansion strategy by adding... Read more
2d
Business Wire
Fitch Affirms Banco del Bajio at 'BBBas other loans from 'other assets'. Applicable Criteria Global Bank Rating Cr
Fitch Affirms Banco del Bajio at 'BBB
Business Wire / Posted 2 days ago
as other loans from 'other assets'. Applicable Criteria Global Bank Rating Criteria (pub. 20 Mar 2015) Global Non-Bank Financial Institutions Rating Criteria (pub. 28 Apr 2015) National Scale Ratings Criteria (pub. 30 Oct... Read more
9 related stories
2d
Business Wire
Fitch Takes Rating Actions on 3 Mexican Midsized Banks Following Peer Reviewchallenges. Applicable Criteria and Related Research: -- 'Global Bank Rating
Fitch Takes Rating Actions on 3 Mexican Midsized Banks Following Peer Review
Business Wire / Posted 2 days ago
challenges. Applicable Criteria and Related Research: -- 'Global Bank Rating Criteria' (March 20, 2015); -- 'Global Non-Bank Financial Institutions Rating Criteria' (April 28, 2015); -- 'National Scale Ratings Criteria (Oct. 30,... Read more
9 related stories
2d
Columbia Star
City Snippetsavailable as well. Banks agree to merge Columbia-based South State Corp. has
City Snippets
Columbia Star / Posted 2 days ago
available as well. Banks agree to merge Columbia-based South State Corp. has reached a merger agreement with Southeastern Bank Financial Corp. in a deal valued at $335 million. The merger, which will expand the South State Bank brand into the... Read more
2d
Business Wire
Fitch Affirms Navistar and NFC at 'CCC'; Upgrades NFC Sr Secured Bank Credit Facility to 'B-/RR3'Methodology - Including Short-Term Ratings and Parent and Subsidiary Linkage (p
Fitch Affirms Navistar and NFC at 'CCC'; Upgrades NFC Sr Secured Bank Credit Facility to 'B-/RR3'
Business Wire / Posted 2 days ago
Methodology - Including Short-Term Ratings and Parent and Subsidiary Linkage (pub. 17 Aug 2015) Exposure Draft: Global Non-Bank Financial Institutions Rating Criteria (pub. 14 Apr 2016) Recovery Ratings and Notching Criteria for Non-Financial... Read more
3d
Stamford Advocate
Today's Headlines: Dodd-Frank Under AttackStability Oversight Council (FSOC) was created to, among other tasks, decide wh
Today's Headlines: Dodd-Frank Under Attack
Stamford Advocate / Posted 3 days ago
Stability Oversight Council (FSOC) was created to, among other tasks, decide whether to also designate certain non-bank financial firms as SIFIs. SIFIs are subject to harsher regulations, including requirements to retain larger percentages... Read more
3d
Connecticut Post
Today's Headlines: Dodd-Frank Under AttackStability Oversight Council (FSOC) was created to, among other tasks, decide wh
Today's Headlines: Dodd-Frank Under Attack
Connecticut Post / Posted 3 days ago
Stability Oversight Council (FSOC) was created to, among other tasks, decide whether to also designate certain non-bank financial firms as SIFIs. SIFIs are subject to harsher regulations, including requirements to retain larger percentages... Read more
3d
Salon.com
Hope for those in debt: Can a non-profit help put predatory payday lenders out of business?501(c)(3) organization, in 1998, after a career working with low-income neighbo
Hope for those in debt: Can a non-profit help put predatory payday lenders out of business?
Salon.com / Posted 3 days ago
501(c)(3) organization, in 1998, after a career working with low-income neighborhoods. He spent over a decade analyzing non-bank financial services markets, like check cashing and payday lending, eventually creating a business plan for a non-profit... Read more
2 related stories
3d
The Globe and Mail
Canadian firms with European ties brace for Brexit votemarket. “At $25-billion a year, the bilateral two-way merchandise trade relati
Canadian firms with European ties brace for Brexit vote
The Globe and Mail / Posted 3 days ago
market. “At $25-billion a year, the bilateral two-way merchandise trade relationship is nothing to sneeze at,” National Bank Financial managing director Warren Lovely said. And anything that could destabilize a key financial centre like London... Read more
4d
The Globe and Mail
CPP expansion won’t hurt wealth-management business, analysts saylikely to be so great that it materially hurts the wealth management business,
CPP expansion won’t hurt wealth-management business, analysts say
The Globe and Mail / Posted 4 days ago
likely to be so great that it materially hurts the wealth management business, said Peter Routledge, an analyst at National Bank Financial. “Much of those flows into wealth-management products tend to come from higher-net-worth people, and this... Read more
4d
Business Insider
I have 15 streams of income, and here's why you should, tooestate for example, one stream at a time, until the combined income surpasses w
I have 15 streams of income, and here's why you should, too
Business Insider / Posted 4 days ago
estate for example, one stream at a time, until the combined income surpasses what you make at your day job, and you become financially independent. In reality, that does take a lot of time and hard work to achieve. But in the meanwhile, every... Read more
4d
Business Wire
Fitch Downgrades AgeRio Following Action on Parent; Outlook Stabledowngraded to 'B(bra)' from 'F1(bra)'; --Support Rating downgraded to '5' from
Fitch Downgrades AgeRio Following Action on Parent; Outlook Stable
Business Wire / Posted 4 days ago
downgraded to 'B(bra)' from 'F1(bra)'; --Support Rating downgraded to '5' from '4'. Applicable Criteria Global Non-Bank Financial Institutions Rating Criteria (pub. 28 Apr 2015) National Scale Ratings Criteria (pub. 30 Oct... Read more
5d
IMF
IMF Executive Board Concludes 2016 Article IV Consultation with Trinidad and Tobagoinefficiencies in the public service, and strengthening financial sector superv
IMF Executive Board Concludes 2016 Article IV Consultation with Trinidad and Tobago
IMF / Posted 5 days ago
inefficiencies in the public service, and strengthening financial sector supervision and regulation, particularly the non-bank financial regulatory framework. They also welcomed ongoing efforts to further strengthen the AML/CFT... Read more
5d
The Globe and Mail
Eight rock-steady stocks for your portfolioconsider, from two investment experts, that might fit in your portfolio. Rober
Eight rock-steady stocks for your portfolio
The Globe and Mail / Posted 5 days ago
consider, from two investment experts, that might fit in your portfolio. Robert Tetrault, portfolio manager with National Bank Financial, Winnipeg Tourmaline Oil Corp.: This energy company has long-term growth potential for investors who can... Read more
5d
The Globe and Mail
Caisse buys more Stingray equity; Telesystem reduces stakeA shares, representing 28.1 per cent of the voting rights for the company. It
Caisse buys more Stingray equity; Telesystem reduces stake
The Globe and Mail / Posted 5 days ago
A shares, representing 28.1 per cent of the voting rights for the company. It said the private placement through National Bank Financial and GMP Securities is being done for estate planning purposes. The announcements come a little more than a... Read more
5d
Reuters
CDB Leasing seeks up to $980 million in Hong Kong IPO: IFRHONG KONG China Development Bank Financial Leasing, a unit of China Development
CDB Leasing seeks up to $980 million in Hong Kong IPO: IFR
Reuters / Posted 5 days ago
HONG KONG China Development Bank Financial Leasing, a unit of China Development Bank, is planning to raise up to $980 million through a Hong Kong IPO, IFR reported on Monday. CDB has set a price range of HK$1.90 to HK$2.45 per share for its planned... Read more
8d
Zero Hedge
"The Fed Has Failed" - A Disturbing New Warning From Bank Of Americaunprecedented central bank policies of QE, ZIRP & NIRP, 655 rate cuts since the
"The Fed Has Failed" - A Disturbing New Warning From Bank Of America
Zero Hedge / Posted 8 days ago
unprecedented central bank policies of QE, ZIRP & NIRP, 655 rate cuts since the Lehman bankruptcy, $12.3tn of central bank financial asset purchases, prospect of a “one & done” Fed, central banks have lost the “War against Deflation”. They... Read more
8d
AllAfrica.com
Cost-Containment a Survival Strategyseason, it showed subdued corporate and economic performance as indicated by De
Cost-Containment a Survival Strategy
AllAfrica.com / Posted 8 days ago
season, it showed subdued corporate and economic performance as indicated by Delta, Econet, Mash Holdings, Art and Steward Bank financial results. The top line is increasingly under pressure from various factors such as increased competition,... Read more
8d
Business Wire
South State Corporation Announces Merger with Southeastern Bank Financial Corporation – Expands SC and GA presenceCOLUMBIA, S.C. & AUGUSTA, Ga.--(BUSINESS WIRE)--South State Corporation (NASDAQ
South State Corporation Announces Merger with Southeastern Bank Financial Corporation – Expands SC and GA presence
Business Wire / Posted 8 days ago
COLUMBIA, S.C. & AUGUSTA, Ga.--(BUSINESS WIRE)--South State Corporation (NASDAQ:SSB) and Southeastern Bank Financial Corporation (OTCQB:SBFC) jointly announced today the signing of a definitive merger agreement. The combination of these two companies... Read more
4 related stories
9d
The Globe and Mail
CWB raises $125-million in share offeringabout 37 per cent. A syndicate of underwriters in the $125-million bought deal
CWB raises $125-million in share offering
The Globe and Mail / Posted 9 days ago
about 37 per cent. A syndicate of underwriters in the $125-million bought deal was led by BMO Nesbitt Burns and National Bank Financial Inc. CWB granted the underwriters the option of purchasing another 765,750 shares, which would raise the total... Read more
9d
Business Wire
Aequitas PTF Connect™ permet les premières transactions sur les PTF™plus importants courtiers correspondants canadiens connectés à la plateforme. P
Aequitas PTF Connect™ permet les premières transactions sur les PTF™
Business Wire / Posted 9 days ago
plus importants courtiers correspondants canadiens connectés à la plateforme. Parmi les précurseurs, on retrouve : National Bank Financial ; ITG Canada ; Jitneytrade et BBS Securities. « Nous sommes ravis de faire partie des premiers à avoir adopté... Read more
202 related stories
9d
Pilipino Star
Higher costs, more tedious work await banks, clients under new BIR ordertax from lenders. Under Revenue Memorandum Circular 62-2016 dated June 13, the
Higher costs, more tedious work await banks, clients under new BIR order
Pilipino Star / Posted 9 days ago
tax from lenders. Under Revenue Memorandum Circular 62-2016 dated June 13, the tax agency cleared that banks and non-bank financial institutions may pass to their clients' gross receipt tax (GRT) their transactions. One of those is through... Read more
10d
The Star
Subjective US bank forecasts to figure in loan loss reservesmodified its standard two years ago, but did not go as far as the FASB. Reserv
Subjective US bank forecasts to figure in loan loss reserves
The Star / Posted 10 days ago
modified its standard two years ago, but did not go as far as the FASB. Reserves are among the most important numbers in bank financial statements. Because they are at historically low levels, analysts expect them to rise. Big banks will get... Read more
2 related stories
10d
Channel NewsAsia
Subjective US bank forecasts to figure in loan loss reservesfar as the FASB. Questions about loan-loss reserves are at the fore now. Reser
Subjective US bank forecasts to figure in loan loss reserves
Channel NewsAsia / Posted 10 days ago
far as the FASB. Questions about loan-loss reserves are at the fore now. Reserves are among the most important numbers in bank financial statements. Because they are at historically low levels, analysts expect them to rise. (For a graphic on... Read more
2 related stories
10d
Reuters
Subjective U.S. bank forecasts to figure in loan loss reservesfar as the FASB. Questions about loan-loss reserves are at the fore now. Reser
Subjective U.S. bank forecasts to figure in loan loss reserves
Reuters / Posted 10 days ago
far as the FASB. Questions about loan-loss reserves are at the fore now. Reserves are among the most important numbers in bank financial statements. Because they are at historically low levels, analysts expect them to rise. (For a graphic on... Read more
2 related stories
11d
Business Wire
Fitch Affirms GM & General Motors Financial's IDRs at 'BBB-'; Outlook Revised to PositiveMethodology - Including Short-Term Ratings and Parent and Subsidiary Linkage (p
Fitch Affirms GM & General Motors Financial's IDRs at 'BBB-'; Outlook Revised to Positive
Business Wire / Posted 11 days ago
Methodology - Including Short-Term Ratings and Parent and Subsidiary Linkage (pub. 17 Aug 2015) Exposure Draft: Global Non-Bank Financial Institutions Rating Criteria (pub. 14 Apr 2016) Global Non-Bank Financial Institutions Rating Criteria (pub.... Read more
2 related stories
11d
Finance Asia
CDB Leasing hopes second bestheels of BOC Aviation which completed its listing earlier this month. The prop
CDB Leasing hopes second best
Finance Asia / Posted 11 days ago
heels of BOC Aviation which completed its listing earlier this month. The proposed IPO in Hong Kong of China Development Bank Financial Leasing (or CDB Leasing) could raise $1 billion and will comprise both new and existing shares, a banker... Read more
12d
Business Wire
Fitch Expects to Rate KKR & Co. L.P.'s Preferred Issuance 'BBB+'shares 'BBB'. The Rating Outlook is Stable. Date of Relevant Committee: March
Fitch Expects to Rate KKR & Co. L.P.'s Preferred Issuance 'BBB+'
Business Wire / Posted 12 days ago
shares 'BBB'. The Rating Outlook is Stable. Date of Relevant Committee: March 4, 2016 Applicable Criteria Global Non-Bank Financial Institutions Rating Criteria (pub. 28 Apr 2015) Additional Disclosures Solicitation Status Endorsement... Read more
12d
AllAfrica.com
ICAG Hosts 2016 Accountants' Conferenceand General Insurance Companies, Development Finance Institutions Credit Unions
ICAG Hosts 2016 Accountants' Conference
AllAfrica.com / Posted 12 days ago
and General Insurance Companies, Development Finance Institutions Credit Unions, Venture Capital Companies and other Non-Bank Financial Institutions as examples of the transformation. Furthermore, he said, money and banking had become more and... Read more
12d
The Buffalo News
M&T looks to capitalize on Key-First Niagara dealcreates an opportunity to get customers that generally stick with a bank for a
M&T looks to capitalize on Key-First Niagara deal
The Buffalo News / Posted 12 days ago
creates an opportunity to get customers that generally stick with a bank for a generation,” King said at a recent Deutsche Bank financial services conference streamed online. “We had thought we’d only get one bite at that apple, and lucky us, we’re... Read more
15d
The Globe and Mail
Twin Butte lenders give it more time to find buyerdwindled and banks have chopped their credit lines, often more than once. Twin
Twin Butte lenders give it more time to find buyer
The Globe and Mail / Posted 15 days ago
dwindled and banks have chopped their credit lines, often more than once. Twin Butte hired Peters & Co. Ltd. and National Bank Financial to help it seek strategic alternatives, which would include a sale of the company. The process has been under... Read more
16d
IMF
IMF Executive Board Concludes 2016 Article IV Consultation with AlbaniaThey also encouraged the authorities to continue strengthening financial superv
IMF Executive Board Concludes 2016 Article IV Consultation with Albania
IMF / Posted 16 days ago
They also encouraged the authorities to continue strengthening financial supervision and regulation, and to boost the non-bank financial regulator’s supervisory capacity. Directors emphasized that further structural reforms to improve the... Read more
2 related stories
16d
AllAfrica.com
Shilling Weakens As Dollar Demand Increasesat 2,171/71 and 2,193/43 on Wednesday sessions compared to 2,173/43 and 2,195/1
Shilling Weakens As Dollar Demand Increases
AllAfrica.com / Posted 16 days ago
at 2,171/71 and 2,193/43 on Wednesday sessions compared to 2,173/43 and 2,195/17 of the previous day. According to CRDB Bank Financial and Market Highlights, the Shilling remained under pressure as demand for the greenback increased coming from... Read more
16d
Perth Now
Banking inquiry calls won’t go awayto the Financial Legal Rights Centre in Sydney in April. Picture: John Appleyar
Banking inquiry calls won’t go away
Perth Now / Posted 16 days ago
to the Financial Legal Rights Centre in Sydney in April. Picture: John Appleyard THE man who exposed the Commonwealth Bank financial planning scandal has lined up behind Labor calling for a Royal Commission into banks. Financial planner Jeff... Read more
4 related stories
16d
Adelaide Now
Whistleblower: ‘Nothing will change’to the Financial Legal Rights Centre in Sydney in April. Picture: John Appleyar
Whistleblower: ‘Nothing will change’
Adelaide Now / Posted 16 days ago
to the Financial Legal Rights Centre in Sydney in April. Picture: John Appleyard THE man who exposed the Commonwealth Bank financial planning scandal has lined up behind Labor calling for a Royal Commission into banks. Financial planner Jeff... Read more
4 related stories
16d
Herald Sun
Whistleblower: ‘Nothing will change’to the Financial Legal Rights Centre in Sydney in April. Picture: John Appleyar
Whistleblower: ‘Nothing will change’
Herald Sun / Posted 16 days ago
to the Financial Legal Rights Centre in Sydney in April. Picture: John Appleyard THE man who exposed the Commonwealth Bank financial planning scandal has lined up behind Labor calling for a Royal Commission into banks. Financial planner Jeff... Read more
4 related stories
16d
The Courier Mail
Whistleblower: ‘Nothing will change’THE man who exposed the Commonwealth Bank financial planning scandal has lined
Whistleblower: ‘Nothing will change’
The Courier Mail / Posted 16 days ago
THE man who exposed the Commonwealth Bank financial planning scandal has lined up behind Labor calling for a Royal Commission into banks. Financial planner Jeff Morris — who eight years ago turned whistleblower against his employer prompting a... Read more
4 related stories
16d
Daily Telegraph
Whistleblower: ‘Nothing will change’to the Financial Legal Rights Centre in Sydney in April. Picture: John Appleyar
Whistleblower: ‘Nothing will change’
Daily Telegraph / Posted 16 days ago
to the Financial Legal Rights Centre in Sydney in April. Picture: John Appleyard THE man who exposed the Commonwealth Bank financial planning scandal has lined up behind Labor calling for a Royal Commission into banks. Financial planner Jeff... Read more
4 related stories
17d
Business Wire
Fitch Rates SMBC Aviation Capital Finance DAC's Unsecured Notes 'BBB+'to SMBC AC. Fitch considers SMBC AC to be a strategically important subsidiary
Fitch Rates SMBC Aviation Capital Finance DAC's Unsecured Notes 'BBB+'
Business Wire / Posted 17 days ago
to SMBC AC. Fitch considers SMBC AC to be a strategically important subsidiary of SMFG as defined under our Global Non-Bank Financial Institutions Rating Criteria, which typically results in a rating of one to two notches from the parent... Read more
4 related stories
17d
The Globe and Mail
Twin Butte Energy warns lenders are days away from calling in loans$51 (U.S.) a barrel on Wednesday, its highest since July. In December. Twin Bu
Twin Butte Energy warns lenders are days away from calling in loans
The Globe and Mail / Posted 17 days ago
$51 (U.S.) a barrel on Wednesday, its highest since July. In December. Twin Butte hired Peters & Co. Ltd. and National Bank Financial Inc. to help it weigh options, including a debt restructuring and alternative financing, as well as a sale of... Read more
17d
AllAfrica.com
Local Investors Still Shy Away From Industrial Parksthey were looking for alternatives to expand their business. Among other requi
Local Investors Still Shy Away From Industrial Parks
AllAfrica.com / Posted 17 days ago
they were looking for alternatives to expand their business. Among other requirements detailed in the bid document are a bank financial statement and feasibility study of the sector in which they are planning to operate; the company's profile... Read more
18d
The Globe and Mail
National Bank aims at private-banking growth with new Vancouver officejust to grow faster than all the others” in targeted markets west of Winnipeg,
National Bank aims at private-banking growth with new Vancouver office
The Globe and Mail / Posted 18 days ago
just to grow faster than all the others” in targeted markets west of Winnipeg, Luc Paiement, co-chief executive of National Bank Financial and the head of wealth management, said. “We’re seeing lots of good potential clients and it’s just a matter... Read more
19d
The Globe and Mail
Online chat: National Bank real estate analyst Matt Kornack to talk about his REIT picksand Mail’s investment analyst, Jennifer Dowty, in a live chat with Matt Kornack
Online chat: National Bank real estate analyst Matt Kornack to talk about his REIT picks
The Globe and Mail / Posted 19 days ago
and Mail’s investment analyst, Jennifer Dowty, in a live chat with Matt Kornack, the Real Estate analyst from National Bank Financial as he provides his outlook for the sector and discussed his top picks. His coverage list includes 20... Read more
19d
Newsmax
China's Debt Load Is (Much) Higher Than Previously Thought, Goldman Saysis the rise in opaque loans given noises surrounding China's circular financing
China's Debt Load Is (Much) Higher Than Previously Thought, Goldman Says
Newsmax / Posted 19 days ago
is the rise in opaque loans given noises surrounding China's circular financing schemes, which involve banks lending to non-bank financial institutions (NBFIs) as opposed to directly to companies. While this "round-tripping," as Goldman dubs it,... Read more
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