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2h
The Age
Cheating rife in financial planningfraud and a cover up by management that would result in losses to clients of te
Cheating rife in financial planning
The Age / Posted 2 hours ago
fraud and a cover up by management that would result in losses to clients of tens of millions of dollars. The Commonwealth Bank financial planning scandal, which triggered a Senate inquiry, a recommendation for a royal commission into the bank and... Read more
2 related stories
2h
Sydney Morning Herald
Cheating rife in financial planningfraud and a cover up by management that would result in losses to clients of te
Cheating rife in financial planning
Sydney Morning Herald / Posted 2 hours ago
fraud and a cover up by management that would result in losses to clients of tens of millions of dollars. The Commonwealth Bank financial planning scandal, which triggered a Senate inquiry, a recommendation for a royal commission into the bank and... Read more
2 related stories
2h
Canberra Times
Cheating rife in financial planningfraud and a cover up by management that would result in losses to clients of te
Cheating rife in financial planning
Canberra Times / Posted 2 hours ago
fraud and a cover up by management that would result in losses to clients of tens of millions of dollars. The Commonwealth Bank financial planning scandal, which triggered a Senate inquiry, a recommendation for a royal commission into the bank and... Read more
2 related stories
1d
AllAfrica.com
Women Starve of Financial Servicesshow financial inclusion in Tanzania has deepened as a broad spectrum of instit
Women Starve of Financial Services
AllAfrica.com / Posted yesterday
show financial inclusion in Tanzania has deepened as a broad spectrum of institutions including banks, businesses, non-bank financial institutions and non-governmental organisations have all made successful attempts to reach out to incorporate... Read more
1d
The Star
EPF CEO says MBSB has not applied for banking licenceshareholder The Employees Provident Fund (EPF). EPF chief executive officer Da
EPF CEO says MBSB has not applied for banking licence
The Star / Posted yesterday
shareholder The Employees Provident Fund (EPF). EPF chief executive officer Datuk Shahril Ridza Ridzuan said that the non-bank financial provider is working with Bank Negara Malaysia to revamp to bring it up to bank standards and is looking at a... Read more
1d
AllAfrica.com
Debt Market - Bou Sets Up Borrowers for High Cost Loansthere are only six licensed commercial banks known as Primary Dealers, though t
Debt Market - Bou Sets Up Borrowers for High Cost Loans
AllAfrica.com / Posted yesterday
there are only six licensed commercial banks known as Primary Dealers, though there are plans to include the non-bank financial institution to participate in the primary market alongside banks. Mulema said Government securities market is... Read more
1d
Zero Hedge
ECB Doubles Down on Financial Repressionexpedients at this time. The retreat of EU banks manifested by the shrinkage i
ECB Doubles Down on Financial Repression
Zero Hedge / Posted yesterday
expedients at this time. The retreat of EU banks manifested by the shrinkage in total assets has caused an increase in non-bank financial intermediation, albeit far smaller than the decline in the traditional banking system. Regulators and pundits... Read more
2d
Zero Hedge
Bank of Japan: The Limits Of Monetary TinkeringWhile bank reserves with the central bank should of course be excluded from mon
Bank of Japan: The Limits Of Monetary Tinkering
Zero Hedge / Posted 2 days ago
While bank reserves with the central bank should of course be excluded from money supply measures, the deposits of non-bank financial companies such as brokers, insurance companies, etc., should be included. If they are not money, what are... Read more
2d
AllAfrica.com
Mkombozi Bank in Profitability U-Turnbank posted a net profit of 145m/- in quarter one compared to a 207m/- loss rea
Mkombozi Bank in Profitability U-Turn
AllAfrica.com / Posted 2 days ago
bank posted a net profit of 145m/- in quarter one compared to a 207m/- loss realized during the same quarter last year. The bank financial results released over the weekend shows that despite dwindling net income interest, non interest income soared... Read more
3d
The Financial Express
Do payments banks have a viable business model?acquired and become part of mainstream banking. Then we have payment-focused i
Do payments banks have a viable business model?
The Financial Express / Posted 3 days ago
acquired and become part of mainstream banking. Then we have payment-focused initiatives that are often referred to as non-bank financial institutions, for the under-banked. Many are either mobile operator-led or pure play remittance services.... Read more
4d
The Williamsport Sun-Gazette
Banking company holds meeting, reelects 3 to board12 percent to $1.00 per share compared to $0.88 per share in 2014. According t
Banking company holds meeting, reelects 3 to board
The Williamsport Sun-Gazette / Posted 4 days ago
12 percent to $1.00 per share compared to $0.88 per share in 2014. According to the news release, during 2015 Muncy Bank Financial Inc. received two national recognitions in American Banker magazine. For the seventh year in a row, The Muncy... Read more
5d
The Globe and Mail
Why a military charity is denying scholarships to the children of soldiers who died by suicideand sacrifices. The scholarship program was Canada Company’s first major initi
Why a military charity is denying scholarships to the children of soldiers who died by suicide
The Globe and Mail / Posted 5 days ago
and sacrifices. The scholarship program was Canada Company’s first major initiative. Financial supporters include CIBC, TD Bank Financial Group, Scotiabank, BMO Financial Group, RBH Inc., W. Garfield Weston Foundation, AGF Management, Barrick Gold... Read more
5d
The Financial Express
Housing demand may pick up in next six months: Knight Frank2016 that is based on survey of key supply-side stakeholders, which include dev
Housing demand may pick up in next six months: Knight Frank
The Financial Express / Posted 5 days ago
2016 that is based on survey of key supply-side stakeholders, which include developers, private equity funds, banks and non-bank financial companies (NBFCs). “Overall, there is a considerable improvement in the sentiments for the residential... Read more
5d
The Register
Finance bods SWIFT to update after Bangladesh hackSecurity vendors are pushing for a more comprehensive revamp of the SWIFT inter
Finance bods SWIFT to update after Bangladesh hack
The Register / Posted 5 days ago
Security vendors are pushing for a more comprehensive revamp of the SWIFT international inter-bank financial transaction messaging system beyond a update prompted by an $81m hack against Bangladesh's central bank. The loss of $81m (part of an... Read more
5d
The Financial Express
Quantum of CDR sees fourfold jump in less than 5 yrsof CDR Standing Forum and its core forum, CDR Empowered Group and CDR Cell whic
Quantum of CDR sees fourfold jump in less than 5 yrs
The Financial Express / Posted 5 days ago
of CDR Standing Forum and its core forum, CDR Empowered Group and CDR Cell which are housed in Industrial Development Bank of India Ltd. (PTI) Government today said the quantum of corporate debt restructuring (CDR) has grown about fourfold in... Read more
6d
Business Wire
The Bancorp, Inc. Reports First Quarter 2016 Financial Resultsoperations in the US and Europe, The Bancorp, Inc. (NASDAQ: TBBK) is dedicated
The Bancorp, Inc. Reports First Quarter 2016 Financial Results
Business Wire / Posted 6 days ago
operations in the US and Europe, The Bancorp, Inc. (NASDAQ: TBBK) is dedicated to serving the unique needs of non-bank financial service companies, ranging from entrepreneurial start-ups to those on the Fortune 500. The company’s chief... Read more
57 related stories
6d
Pilipino Star
Bangko Sentral foils attempts to hack its websitefrom the account of the Bangladesh Central Bank at the Federal Reserve Bank of
Bangko Sentral foils attempts to hack its website
Pilipino Star / Posted 6 days ago
from the account of the Bangladesh Central Bank at the Federal Reserve Bank of New York. The Society for Worldwide Inter-bank Financial Telecommunication (SWIFT), the global financial network, earlier warned about multiple cyber-fraud incidents... Read more
7 related stories
6d
The Globe and Mail
Experts offer top U.S. dividend ETF picksif their cash flows deteriorate from slumping energy prices and revenue. Danie
Experts offer top U.S. dividend ETF picks
The Globe and Mail / Posted 6 days ago
if their cash flows deteriorate from slumping energy prices and revenue. Daniel Straus, ETF analyst with National Bank Financial, Toronto Fund: iShares U.S. High Dividend Equity ETF CAD-Hedged (XHD-TSX) Wednesday’s close: $26.07 Canadian... Read more
22 related stories
7d
Business Wire
Sunshine Bancorp, Inc. Reports First Quarter 2016 Financial Resultsadditional offices in Hillsborough, Polk, Manatee, Orange, and Pasco Counties,
Sunshine Bancorp, Inc. Reports First Quarter 2016 Financial Results
Business Wire / Posted 7 days ago
additional offices in Hillsborough, Polk, Manatee, Orange, and Pasco Counties, Florida. The Company provides community bank financial services to individuals, families, and business customers. Sunshine’s common stock is traded on the NASDAQ... Read more
57 related stories
7d
Brisbane Times
Election 2016: Labor 'deeply concerned' about bank sales culturescrutiny is required. She is representing many clients complaining of being sw
Election 2016: Labor 'deeply concerned' about bank sales culture
Brisbane Times / Posted 7 days ago
scrutiny is required. She is representing many clients complaining of being switched into new life insurance contracts by bank financial advisers only to have the new contract not recognise their pre-existing illness. "Steering anybody to a... Read more
4 related stories
7d
Sydney Morning Herald
Election 2016: Labor 'deeply concerned' about bank sales culturescrutiny is required. She is representing many clients complaining of being sw
Election 2016: Labor 'deeply concerned' about bank sales culture
Sydney Morning Herald / Posted 7 days ago
scrutiny is required. She is representing many clients complaining of being switched into new life insurance contracts by bank financial advisers only to have the new contract not recognise their pre-existing illness. "Steering anybody to a... Read more
4 related stories
8d
Business Wire
Fitch Assigns 'BB+' L-T IDR to Credito Realother relevant adjustments were made. Date of relevant rating committee: April
Fitch Assigns 'BB+' L-T IDR to Credito Real
Business Wire / Posted 8 days ago
other relevant adjustments were made. Date of relevant rating committee: April 22, 2016 Applicable Criteria Global Non-Bank Financial Institutions Rating Criteria (pub. 28 Apr 2015) Metodología de Calificaciones Nacionales (pub. 13 Dec... Read more
8d
AllAfrica.com
Financing Gas Projects - Current Status, Future Directioncharged in what is a seemingly competitive banking and financial services indus
Financing Gas Projects - Current Status, Future Direction
AllAfrica.com / Posted 8 days ago
charged in what is a seemingly competitive banking and financial services industry with over 40 banks and a number of non-bank financial institutions, of up to 15% and 25% respectively to attract capital in US dollar and Tanzanian shilling... Read more
9d
WA Today
Senior NAB financial planner banned for deceptive conductA senior National Australia Bank financial planner has been banned from providi
Senior NAB financial planner banned for deceptive conduct
WA Today / Posted 9 days ago
A senior National Australia Bank financial planner has been banned from providing advice after an investigation found he had pocketed money owed to his employer and charged his clients excessive fees. Hardik Bhimani worked for NAB in New South Wales... Read more
7 related stories
9d
Canberra Times
Senior NAB financial planner banned for deceptive conductA senior National Australia Bank financial planner has been banned from providi
Senior NAB financial planner banned for deceptive conduct
Canberra Times / Posted 9 days ago
A senior National Australia Bank financial planner has been banned from providing advice after an investigation found he had pocketed money owed to his employer and charged his clients excessive fees. Hardik Bhimani worked for NAB in New South Wales... Read more
7 related stories
9d
Brisbane Times
Senior NAB financial planner banned for deceptive conductA senior National Australia Bank financial planner has been banned from providi
Senior NAB financial planner banned for deceptive conduct
Brisbane Times / Posted 9 days ago
A senior National Australia Bank financial planner has been banned from providing advice after an investigation found he had pocketed money owed to his employer and charged his clients excessive fees. Hardik Bhimani worked for NAB in New South Wales... Read more
7 related stories
9d
The Age
Senior NAB financial planner banned for deceptive conductplanner's actions, and has refunded the advice fees to affected clients. Photo:
Senior NAB financial planner banned for deceptive conduct
The Age / Posted 9 days ago
planner's actions, and has refunded the advice fees to affected clients. Photo: Glenn Hunt A senior National Australia Bank financial planner has been banned from providing advice after an investigation found he had pocketed money owed to his... Read more
7 related stories
9d
Sydney Morning Herald
Senior NAB financial planner banned for deceptive conductplanner's actions, and has refunded the advice fees to affected clients. Photo:
Senior NAB financial planner banned for deceptive conduct
Sydney Morning Herald / Posted 9 days ago
planner's actions, and has refunded the advice fees to affected clients. Photo: Glenn Hunt A senior National Australia Bank financial planner has been banned from providing advice after an investigation found he had pocketed money owed to his... Read more
7 related stories
9d
Business Wire
Florida Community Bank Names Paul Jessen as Senior Vice President, Middle Market Relationship ManagerWESTON, Fla.--(BUSINESS WIRE)--Florida Community Bank Financial Holdings, Inc.
Florida Community Bank Names Paul Jessen as Senior Vice President, Middle Market Relationship Manager
Business Wire / Posted 9 days ago
WESTON, Fla.--(BUSINESS WIRE)--Florida Community Bank Financial Holdings, Inc. (NYSE: FCB), is pleased to announce the hire of Paul Jessen as Senior Vice President – Middle Market Relationship Manager. Jessen will be based out of the Winter Park... Read more
9d
Zero Hedge
Futures Rebound Off Lows Following Chinese Intervention; Oil Dips Ahead Of Fed, BOJthe year ahead, as central bank stimulus clouds the outlook for local sovereign
Futures Rebound Off Lows Following Chinese Intervention; Oil Dips Ahead Of Fed, BOJ
Zero Hedge / Posted 9 days ago
the year ahead, as central bank stimulus clouds the outlook for local sovereign debt Chinese banks’ surging lending to non-bank financial institutions such as fund managers may pose a “black swan” risk for the nation’s financial system, according... Read more
12d
Business Wire
Fitch Affirms Inversiones CrediQ Business' IDR at 'B'; Outlook Stablefunding and liquidity levels, and capitalization would lead to a negative ratin
Fitch Affirms Inversiones CrediQ Business' IDR at 'B'; Outlook Stable
Business Wire / Posted 12 days ago
funding and liquidity levels, and capitalization would lead to a negative rating action. Applicable Criteria Global Non-Bank Financial Institutions Rating Criteria (pub. 28 Apr 2015) Additional Disclosures Dodd-Frank Rating Information... Read more
6 related stories
12d
Zero Hedge
The SPV Loophole: Draghi Just Unleashed "QE For The Entire World"... And May Have Bailed Out US Shaleassuming most have seen the details, some of the interesting or most notable po
The SPV Loophole: Draghi Just Unleashed "QE For The Entire World"... And May Have Bailed Out US Shale
Zero Hedge / Posted 12 days ago
assuming most have seen the details, some of the interesting or most notable points were as follows: The inclusion of non-bank financial institutions; The Eurosystem collateral framework as a basis for determining the eligibility (Non euro-area... Read more
13d
The Chattanoogan
Latest Hamilton County Jail Booking Report37421 Age at Arrest: 49 years old Arresting Agency: Chattanooga DRIVING UNDE
Latest Hamilton County Jail Booking Report
The Chattanoogan / Posted 13 days ago
37421 Age at Arrest: 49 years old Arresting Agency: Chattanooga DRIVING UNDER THE INFLUENCE FAILURE TO MAINTAIN LANE FINANCIAL RESPONSIBILITY BLACKWELL, ALONZO NATHANIEL 8004 BILL REED RD CHATTANOOGA, 37421 Age at Arrest: 19 years... Read more
18 related stories
13d
TheBull
Wall Street bonuses targeted in new US rulesit leaves office in January 2017. The toughest requirements fall on "level 1"
Wall Street bonuses targeted in new US rules
TheBull / Posted 13 days ago
it leaves office in January 2017. The toughest requirements fall on "level 1" institutions, the largest banks and non-bank financial institutions which have assets of at least $250 billion. Executives of these firms would have to wait at least... Read more
11 related stories
13d
The Globe and Mail
What to expect from Canadian stocks this earnings seasonGlobe editors have posted this research report with permission of National Bank
What to expect from Canadian stocks this earnings season
The Globe and Mail / Posted 13 days ago
Globe editors have posted this research report with permission of National Bank Financial. This should not be construed as an endorsement of the report’s recommendations. For more on The Globe’s disclaimers please read here. The following is... Read more
13d
Business Wire
Florida Community Bank Hosts Second Annual “FCB Blue Day” To Raise Awareness for Child Abuse Prevention MonthWESTON, Fla.--(BUSINESS WIRE)--In honor of Child Abuse Prevention Month, Florid
Florida Community Bank Hosts Second Annual “FCB Blue Day” To Raise Awareness for Child Abuse Prevention Month
Business Wire / Posted 13 days ago
WESTON, Fla.--(BUSINESS WIRE)--In honor of Child Abuse Prevention Month, Florida Community Bank Financial Holdings, Inc. (NYSE:FCB), is raising awareness by hosting a series of events at its banking centers. For the second year, during the entire... Read more
13d
Australian Broadcasting Corporation
Fraud rife in banking system, loan application numbers fudged: economists"[the loans are] unaffordable, unsustainable and unverified." Jeff Morris, the
Fraud rife in banking system, loan application numbers fudged: economists
Australian Broadcasting Corporation / Posted 13 days ago
"[the loans are] unaffordable, unsustainable and unverified." Jeff Morris, the whistleblower who exposed the Commonwealth Bank financial planning scandal that led to calls for a Royal Commission into financial services, also believes that the... Read more
13d
The Globe and Mail
Saving for a home down payment a struggle in Toronto. And forget about VancouverVancouver, new research suggests. Toronto is troublesome, and Vancouver positi
Saving for a home down payment a struggle in Toronto. And forget about Vancouver
The Globe and Mail / Posted 13 days ago
Vancouver, new research suggests. Toronto is troublesome, and Vancouver positively out of sight, according to a National Bank Financial study, although it is far easier in other Canadian markets such as Montreal and Calgary. Indeed, in Toronto... Read more
13d
Naked Capitalism
Soros Warns of 2008-Like Debt Growth in China. How Risky are Its Banks?Chinese economy once again, as happened in the past. Chinese public banks are p
Soros Warns of 2008-Like Debt Growth in China. How Risky are Its Banks?
Naked Capitalism / Posted 13 days ago
Chinese economy once again, as happened in the past. Chinese public banks are particular hit hard amidst the rise of non-bank financial institutions and rural banks. In fact, Chart 1 shows that the assets managed by large commercial banks have... Read more
14d
Business Standard India
Bank consolidation: Merger by size no quick fixAfter months of languishing on the bourses and recording new lows, the NSE PSU
Bank consolidation: Merger by size no quick fix
Business Standard India / Posted 14 days ago
After months of languishing on the bourses and recording new lows, the NSE PSU Bank index, has gained a little over 15 per cent since March, outperforming the benchmark Nifty (up 9.5 per cent). Analysts attribute much of the post-Budget rally in... Read more
15d
KPBS San Diego
Breaking Up The Banks May Be More Complicated Than It Seemspart of the Dodd-Frank financial overhaul, has a lot of ammunition in its holst
Breaking Up The Banks May Be More Complicated Than It Seems
KPBS San Diego / Posted 15 days ago
part of the Dodd-Frank financial overhaul, has a lot of ammunition in its holster, including the ability to designate a non-bank financial institution as systemically important and force it to make changes in its operations. Such agencies can make... Read more
15d
KERA North Texas
Breaking Up The Banks May Be More Complicated Than It Seemspart of the Dodd-Frank financial overhaul, has a lot of ammunition in its holst
Breaking Up The Banks May Be More Complicated Than It Seems
KERA North Texas / Posted 15 days ago
part of the Dodd-Frank financial overhaul, has a lot of ammunition in its holster, including the ability to designate a non-bank financial institution as systemically important and force it to make changes in its operations. Such agencies can make... Read more
15d
Business Wire
Fitch Upgrades Tarjeta Naranja's IDRs to 'B'; Outlook Stablebased on its good risk management and ample expertise of the credit card indust
Fitch Upgrades Tarjeta Naranja's IDRs to 'B'; Outlook Stable
Business Wire / Posted 15 days ago
based on its good risk management and ample expertise of the credit card industry. Considering its nature as a nonbank financial institution, TN's funding profile is sound and has been resilient throughout different phases of the economic... Read more
4 related stories
15d
AllAfrica.com
Independent Monetary Policy Curbs Inflationary Momentumhas happened in all these aspects. The days of poor financial inclusion are wan
Independent Monetary Policy Curbs Inflationary Momentum
AllAfrica.com / Posted 15 days ago
has happened in all these aspects. The days of poor financial inclusion are waning fast. The reach of banks and non-bank financial institutions has grown so much. New transaction methodologies, such as mobile banking and agent banking, have... Read more
15d
Business Wire
BAI Announces Nominations Open for Most Prestigious Innovation Awards for the Global Banking IndustryInternal Process Improvement, Innovation in Societal and Community Impact, Inno
BAI Announces Nominations Open for Most Prestigious Innovation Awards for the Global Banking Industry
Business Wire / Posted 15 days ago
Internal Process Improvement, Innovation in Societal and Community Impact, Innovation in Payments and Most Innovative Non-Bank Financial Services Organization. Finalists and award winners will be selected by the Innovation Circle Judging Panel, a... Read more
16d
The Morning Bulletin
How to identify and report phone, email and mobile scams- do so immediately, because your personal details, including your TFN, may be
How to identify and report phone, email and mobile scams
The Morning Bulletin / Posted 16 days ago
- do so immediately, because your personal details, including your TFN, may be compromised. You should also contact your bank/financial institution as soon as possible if you provided your credit card details as part of the suspected... Read more
16d
Rappler
#PHVote: Businesses winning, losing in 2016 electionsand construction slowing down during elections, and real estate industry having
#PHVote: Businesses winning, losing in 2016 elections
Rappler / Posted 16 days ago
and construction slowing down during elections, and real estate industry having a temporary pause, the banks and non-bank financial intermediaries will have to sit back," Balbieran told Rappler. During the campaign season, financial... Read more
16d
Business Standard India
Arunabha Ghosh: Wanted! Clean energy investors(potential) canvas, but parts of which remain unpainted for now. Different type
Arunabha Ghosh: Wanted! Clean energy investors
Business Standard India / Posted 16 days ago
(potential) canvas, but parts of which remain unpainted for now. Different types of financial institutions (banks, non-bank financial companies, multilateral institutions, bilateral funding agencies, institutional investors) must envision their... Read more
17d
Finance Asia
Institutions of the futurewith all sides of the markets including the central banks and regulators. Regul
Institutions of the future
Finance Asia / Posted 17 days ago
with all sides of the markets including the central banks and regulators. Regulators are extending many regulations to non-bank financial institutions and other corporations. This is presenting unique challenges to many organisations. The focus on... Read more
17d
Pilipino Star
BSP mulls consumer protection rules on forex dealsare deemed “more diligent in following the rules.” Two weeks ago, the central
BSP mulls consumer protection rules on forex deals
Pilipino Star / Posted 17 days ago
are deemed “more diligent in following the rules.” Two weeks ago, the central bank reminded lenders transacting with non-bank financial institutions to take “extra caution” as they pose higher money laundering risk outside BSP’s purview. “You... Read more
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