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9h
Pilipino Star
BSP enhances monitoring of related party transactions of banksThe Bangko Sentral ng Pilipinas (BSP) released Circular No. 895 Series of 2015
BSP enhances monitoring of related party transactions of banks
Pilipino Star / Posted 9 hours ago
The Bangko Sentral ng Pilipinas (BSP) released Circular No. 895 Series of 2015 dated Dec. 14, 2015, which provides for the guidelines on related party transactions of banks and their non-bank financial subsidiaries and affiliates. Through the... Read more
22h
BruDirect.com
REIT Investment Outlook Good Despite Global PressuresThis year is said to be an even more challenging year than 2015 for businesses,
REIT Investment Outlook Good Despite Global Pressures
BruDirect.com / Posted 22 hours ago
This year is said to be an even more challenging year than 2015 for businesses, with Malaysia’s economy forecast to be hit by external factors. Analysts and prominent entrepreneurs have voiced their concern about the collapse of global crude oil... Read more
1d
Irish Central
David Drumm to return to Ireland and drop US extradition fightFormer Anglo Irish Bank chief David Drumm. Photo by: Photocall Ireland David D
David Drumm to return to Ireland and drop US extradition fight
Irish Central / Posted yesterday
Former Anglo Irish Bank chief David Drumm. Photo by: Photocall Ireland David Drumm, the man long held responsible by many commentators for Ireland’s banking collapse will return to Ireland and will give up fighting extradition from the US. Drumm... Read more
7 related stories
2d
BruDirect.com
REIT Investment Outlook Good Despite Global PressuresNevertheless, with risk comes opportunity for business organisations, small and
REIT Investment Outlook Good Despite Global Pressures
BruDirect.com / Posted 2 days ago
Nevertheless, with risk comes opportunity for business organisations, small and medium enterprises (SMEs) and individuals to explore investment options in the stock market and equities. The ‘Marketplace Fair @ Bursa’ (MKTPLC 2016) was a timely event... Read more
2d
The Economic Times
PSBs must run on business terms, free them from social duty: RBI deputy governor R GandhiKOLKATA: The Reserve Bank of India raised the pitch in the debate over the futu
PSBs must run on business terms, free them from social duty: RBI deputy governor R Gandhi
The Economic Times / Posted 2 days ago
KOLKATA: The Reserve Bank of India raised the pitch in the debate over the future of state-run banks saying they should be freed from social obligations and allowed to function on purely business terms, which could be far more beneficial to the... Read more
2d
BruDirect.com
Baiduri's Senior Financial Planners Completed a Month-Long TrainingAfter successfully completing the assessment paper, the group, comprising 13 Ba
Baiduri's Senior Financial Planners Completed a Month-Long Training
BruDirect.com / Posted 2 days ago
After successfully completing the assessment paper, the group, comprising 13 Baiduri Bank financial planners, received their well-earned certificates in a presentation event held at Baiduri Capital, Kiarong last week. The certificates were presented... Read more
3d
The Economic Times
PSBs must run on buisness terms, free them from social duty: RBI deputy governor R GandhiKOLKATA: The Reserve Bank of India raised the pitch in the debate over the futu
PSBs must run on buisness terms, free them from social duty: RBI deputy governor R Gandhi
The Economic Times / Posted 3 days ago
KOLKATA: The Reserve Bank of India raised the pitch in the debate over the future of state-run banks saying they should be freed from social obligations and allowed to function on purely business terms, which could be far more beneficial to the... Read more
3d
The Star
MBSB’s future back in focus after latest setbackTHE future of Malaysia Building Society Bhd (MBSB) has again come into focus fo
MBSB’s future back in focus after latest setback
The Star / Posted 3 days ago
THE future of Malaysia Building Society Bhd (MBSB) has again come into focus following two aborted merger attempts in a short span of time. But MBSB president and chief executive officer Datuk Ahmad Zaini Othman says that it would not have been a... Read more
3d
Business Wire
Fitch Downgrades AGFC Capital Trust I's Trust Preferred Securities to 'CC/RR6'NEW YORK--(BUSINESS WIRE)--Fitch Ratings has downgraded the ratings assigned to
Fitch Downgrades AGFC Capital Trust I's Trust Preferred Securities to 'CC/RR6'
Business Wire / Posted 3 days ago
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has downgraded the ratings assigned to AGFC Capital Trust I's (AGFC) trust preferred securities to 'CC/RR6' from 'CCC/RR6'. The ratings have been removed from Rating Watch Negative. AGFC Capital Trust I is a... Read more
24 related stories
3d
Zero Hedge
February 5Overnight Media Digest - The Democratic presidential candidates clashed Thursd
February 5
Zero Hedge / Posted 3 days ago
Overnight Media Digest - The Democratic presidential candidates clashed Thursday night over who is the true progressive at their first one-on-one debate, with Hillary Clinton saying Senator Bernie Sanders has put forward an unrealistic agenda that... Read more
139 related stories
3d
Scotsman
Centrica sells three wind farms in £423m deal with GIB Centrica is selling its stake in the Glens of Foudland wind farm Scottish Gas
Centrica sells three wind farms in £423m deal with GIB
Scotsman / Posted 3 days ago
Centrica is selling its stake in the Glens of Foudland wind farm Scottish Gas owner Centrica has sold its stake in an Aberdeenshire wind farm as part of a £423 million deal. The group, along... Read more
2 related stories
4d
The Globe and Mail
Fast and furious: Canada's economy skidding from top of G7 to bottomIt’s amazing how fast you can go from first to worst, hero to zero, bruiser to
Fast and furious: Canada's economy skidding from top of G7 to bottom
The Globe and Mail / Posted 4 days ago
It’s amazing how fast you can go from first to worst, hero to zero, bruiser to loser. Or, in this case, from G1 to G7. Remember how well Canada emerged from the financial crisis and Great Recession? Indeed, it led the Group of Seven industrialized... Read more
4d
AllAfrica.com
Treasury Warns Banks Against Lending to CountiesCommercial banks and other financial institutions have been instructed to start
Treasury Warns Banks Against Lending to Counties
AllAfrica.com / Posted 4 days ago
Commercial banks and other financial institutions have been instructed to start recovering loans they advanced to counties without being guaranteed by the national government. The National Treasury, in its Budget Policy Statement for the Financial... Read more
4d
The Courier Mail
ASIC bans former NAB adviserCorporate watchdog bans former NAB adviser Shane Thompson for profiting from fo
ASIC bans former NAB adviser
The Courier Mail / Posted 4 days ago
Corporate watchdog bans former NAB adviser Shane Thompson for profiting from forged documents. The corporate watchdog has banned former National Australia Bank financial adviser Shane Thompson from providing financial and credit services for seven... Read more
5 related stories
4d
Business Spectator
ASIC bans former NAB adviserThe corporate watchdog has banned former National Australia Bank financial advi
ASIC bans former NAB adviser
Business Spectator / Posted 4 days ago
The corporate watchdog has banned former National Australia Bank financial adviser Shane Thompson from providing financial and credit services for seven years, after he profited from forging and processing false documents. Mr Thompson was employed... Read more
5 related stories
6d
Zero Hedge
Hong Kong Housing Bubble Suffers Spectacular Collapse: Sales Plunge Most On Record, Prices CrashTwo months ago, we observed the record plunge in Hong Kong home sales when acco
Hong Kong Housing Bubble Suffers Spectacular Collapse: Sales Plunge Most On Record, Prices Crash
Zero Hedge / Posted 6 days ago
Two months ago, we observed the record plunge in Hong Kong home sales when according to Land Registry data, a paltry 2,826 registered residential transactions were record, down 14.4% from October and what we thought was an amazing 41.7% less than in... Read more
7d
The Globe and Mail
Active ETFs finding fertile ground in CanadaCanada is leading the charge in actively managed exchange-traded funds and will
Active ETFs finding fertile ground in Canada
The Globe and Mail / Posted 7 days ago
Canada is leading the charge in actively managed exchange-traded funds and will continue to see growth as bigger players are set to launch active funds. Unlike a traditional ETF that follows a certain index, actively managed ETFs are more like... Read more
7d
The Globe and Mail
Three experts recommend ETFs for both conservative and aggressive investorsInvestors hunting for bargain stocks after the recent sell-off may be hard-pres
Three experts recommend ETFs for both conservative and aggressive investors
The Globe and Mail / Posted 7 days ago
Investors hunting for bargain stocks after the recent sell-off may be hard-pressed to sort out the best buys from the bad bets. You may be better off checking out exchange-traded funds (ETFs), which own a basket of stocks. The diversification could... Read more
10d
The Globe and Mail
National Bank reveals its 2016 dividend all-starsNational Bank Financial has released its dividend all-star list for 2016, compr
National Bank reveals its 2016 dividend all-stars
The Globe and Mail / Posted 10 days ago
National Bank Financial has released its dividend all-star list for 2016, comprised of 33 stocks. They made the selections based on the following criteria: the security must have a yield of approximately 4 per cent or higher; the dividend is... Read more
10d
Eu Business
Eurozone inflation picks up in January — EU(BRUSSELS) - Eurozone inflation accelerated to 0.4 percent in January, from 0.2
Eurozone inflation picks up in January — EU
Eu Business / Posted 10 days ago
(BRUSSELS) - Eurozone inflation accelerated to 0.4 percent in January, from 0.2 percent the month before, official data showed Friday, suggesting European Central Bank efforts to boost the economy are finally bearing fruit. Analysts said the... Read more
10d
AllAfrica.com
RBZ Asks for Banks' Financial Inclusion StrategiesLocal banks have complied with a Reserve Bank of Zimbabwe (RBZ) directive to su
RBZ Asks for Banks' Financial Inclusion Strategies
AllAfrica.com / Posted 10 days ago
Local banks have complied with a Reserve Bank of Zimbabwe (RBZ) directive to submit their financial inclusion plans, approved by their boards, the Financial Gazette's Companies & Markets (C&M) has learnt. The banks had been given up to December 31,... Read more
11d
The Globe and Mail
‘Worst may not be over’: Canada’s injured economy in 6 chartsEconomists are becoming an awfully gloomy bunch, some warning that “the worst m
‘Worst may not be over’: Canada’s injured economy in 6 charts
The Globe and Mail / Posted 11 days ago
Economists are becoming an awfully gloomy bunch, some warning that “the worst may not be over” for oil-shocked Canada. In the space of less than a week, several groups have released reports that paint a bleaker picture, questioning the Bank of... Read more
12d
Irish Examiner
Banking Inquiry: Main Findings and Recommendations | Irish Examiner Wednesday, January 27, 2016 - 07:27 pm By Daniel McConnel
Banking Inquiry: Main Findings and Recommendations
Irish Examiner / Posted 12 days ago
| Irish Examiner Wednesday, January 27, 2016 - 07:27 pm By Daniel McConnell, Political Editor Findings: Banks became over reliant on the... Read more
9 related stories
12d
The Irish Times
Banking Inquiry report: findings and recommendations- Banks became over reliant on wholesale markets - New and aggressive lending
Banking Inquiry report: findings and recommendations
The Irish Times / Posted 12 days ago
- Banks became over reliant on wholesale markets - New and aggressive lending arose from increased competition - New mortgage products helped mask year on year increases in house prices - By 2008 banks had already moved very far from prudent... Read more
9 related stories
13d
The Globe and Mail
Alberta's 2015 job losses worst since early 1980s recession: StatscanAlberta suffered its worst year for employment losses since the dark days of th
Alberta's 2015 job losses worst since early 1980s recession: Statscan
The Globe and Mail / Posted 13 days ago
Alberta suffered its worst year for employment losses since the dark days of the National Energy Program and early 1980s recession, revised labour figures from Statistics Canada show. Statscan’s annual revisions of its national Labour Force Survey... Read more
13d
Finextra
Samsung Securities becomes first non-bank to settle on CLS system in South KoreaCLS Group (CLS), a leading provider of risk mitigation and operational services
Samsung Securities becomes first non-bank to settle on CLS system in South Korea
Finextra / Posted 13 days ago
CLS Group (CLS), a leading provider of risk mitigation and operational services for the global foreign exchange (FX) market, today announced the first non-bank financial institution (NBFI) to join the CLS system via third party access in South... Read more
13d
The Malaysian Insider
Bank Negara lauds Tabung Haji’s bolstering of finances Published: 26 January 2016 3:32 PM | Updated: 26 January 2016 4:08 PM Lembag
Bank Negara lauds Tabung Haji’s bolstering of finances
The Malaysian Insider / Posted 13 days ago
Published: 26 January 2016 3:32 PM | Updated: 26 January 2016 4:08 PM Lembaga Tabung Haji has received letters from central bank Bank Negara Malaysia, warning the fund about its negative... Read more
9 related stories
14d
Zero Hedge
Chinese Rush To Buy Foreign Assets As Mammoth $1 Trillion In Capital Flees Country“The immediate trigger for a pickup in capital outflows toward the end of the y
Chinese Rush To Buy Foreign Assets As Mammoth $1 Trillion In Capital Flees Country
Zero Hedge / Posted 14 days ago
“The immediate trigger for a pickup in capital outflows toward the end of the year was the People’s Bank of China’s poor communication over its shift in currency policy,” Mark Williams, chief Asia economist for Capital Economics told Bloomberg on... Read more
14d
AllAfrica.com
Banks Panic Over Mobile Money ExplosionBanks in Ghana have been urged to take advantage of the growing subscriber base
Banks Panic Over Mobile Money Explosion
AllAfrica.com / Posted 14 days ago
Banks in Ghana have been urged to take advantage of the growing subscriber base of Mobile Money customers and not see it as a competition but an avenue to help reduce the large unbanked population in the country. Currently, over 76 percent of... Read more
17d
Business Spectator
A golden opportunity for Australian banksLuck, the proverb goes, is what happens when preparation meets opportunity. And
A golden opportunity for Australian banks
Business Spectator / Posted 17 days ago
Luck, the proverb goes, is what happens when preparation meets opportunity. And if the Australian business community hopes to be lucky, it should be maximising the opportunities that are flowing from China. China now has over a million... Read more
18d
Australian Broadcasting Corporation
ANZ controversy: Stricter penalties may be needed to improve bank culture Is it time for senior banking executives to face the risk of a "send off", wh
ANZ controversy: Stricter penalties may be needed to improve bank culture
Australian Broadcasting Corporation / Posted 18 days ago
Is it time for senior banking executives to face the risk of a "send off", which in the business world is being sacked? Andrew Robertson says a line should be drawn in the... Read more
18d
The New Zealand Herald
Peer-peer lending yet to face real test - KPMGThe newly launched peer-to-peer (P2P) lenders may have to prove they can endure
Peer-peer lending yet to face real test - KPMG
The New Zealand Herald / Posted 18 days ago
The newly launched peer-to-peer (P2P) lenders may have to prove they can endure an economic downturn and become more transparent before becoming a major force in the personal/consumer loan markets. They will also have to cope with more intense... Read more
19d
Business Wire
Fitch Rates Fortress' Senior Unsecured Debt 'BBB'NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned a 'BBB' rating to the $27
Fitch Rates Fortress' Senior Unsecured Debt 'BBB'
Business Wire / Posted 19 days ago
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned a 'BBB' rating to the $275 million senior unsecured credit facility of FIG LLC, a wholly owned subsidiary of Fortress Investment Group LLC (collectively with its related entities, Fortress),... Read more
2 related stories
19d
IMF
IMF Executive Board Concludes 2015 Article IV Consultation and Third Post-Program Monitoring with MoldovaPress Release 16/16 January 20, 2016 On December 16, 2015, the Executive Boar
IMF Executive Board Concludes 2015 Article IV Consultation and Third Post-Program Monitoring with Moldova
IMF / Posted 19 days ago
Press Release 16/16 January 20, 2016 On December 16, 2015, the Executive Board of the International Monetary Fund (IMF) concluded the Article... Read more
20d
Channel NewsAsia
Banks tap into technology as they prepare for the futureSINGAPORE: Banks in the Republic are gearing up for the future, tapping into te
Banks tap into technology as they prepare for the future
Channel NewsAsia / Posted 20 days ago
SINGAPORE: Banks in the Republic are gearing up for the future, tapping into technology to provide more inclusive services and improve the customer experience. As consumer preferences evolve, lenders said it has led to a shift in demand for new... Read more
20d
AllAfrica.com
Uganda Embraces Islamic BankingFinancial inclusion in Uganda is expected to deepen following a move by Parliam
Uganda Embraces Islamic Banking
AllAfrica.com / Posted 20 days ago
Financial inclusion in Uganda is expected to deepen following a move by Parliament to enact a new financial law hence paving way for Islamic banking in the country. Islamic banking refers to a system of banking or banking activity that is consistent... Read more
21d
The Globe and Mail
Economists warn Bank of Canada rate cut could erode loonie’s valueA potential rate cut by the Bank of Canada this week risks undermining confiden
Economists warn Bank of Canada rate cut could erode loonie’s value
The Globe and Mail / Posted 21 days ago
A potential rate cut by the Bank of Canada this week risks undermining confidence in the Canadian dollar, some prominent Canadian economists have warned. Never before has the loonie fallen so far, so fast, against the U.S. dollar as over the past... Read more
4 related stories
24d
Zero Hedge
A Loophole Allows Banks – But Not Other Companies – to Create Money Out of Thin AirThe central banks of the United States, England, and German - as well as 2 Nobe
A Loophole Allows Banks – But Not Other Companies – to Create Money Out of Thin Air
Zero Hedge / Posted 24 days ago
The central banks of the United States, England, and German - as well as 2 Nobel-prize winning economists - have all shown that banks create money out of thin air ... even if they have no deposits on hand. The failure of most governments and most... Read more
24d
AllAfrica.com
Bank Windhoek Appoints Hans MD DesignateBaronice Hans will take the helm as managing director designate of Bank Windhoe
Bank Windhoek Appoints Hans MD Designate
AllAfrica.com / Posted 24 days ago
Baronice Hans will take the helm as managing director designate of Bank Windhoek with effect from February 1. Hans is a chartered accountant by profession who graduated from the University of South Africa with an Honours Degree in Accounting... Read more
2 related stories
24d
The Manila Times
Investors advised of ‘cooling-off’ rightJanuary 15, 2016 9:18 pm Amendments to the Bangko Sentral ng Pilipinas’ (BSP)
Investors advised of ‘cooling-off’ right
The Manila Times / Posted 24 days ago
January 15, 2016 9:18 pm Amendments to the Bangko Sentral ng Pilipinas’ (BSP) consumer protection rules take effect today, focusing on an individual’s right to “cooling off” or canceling investment contracts... Read more
25d
The Globe and Mail
Hamilton Capital products among a crowded field of ETF hopefulsBoth funds will be actively managed ETFs, with a management fee of 0.85 per cen
Hamilton Capital products among a crowded field of ETF hopefuls
The Globe and Mail / Posted 25 days ago
Both funds will be actively managed ETFs, with a management fee of 0.85 per cent. The Global Bank ETF is composed primarily of equity securities of banks and other deposit-taking institutions located anywhere around the globe. The ETF’s portfolio is... Read more
25d
New Zealand's National Business Review
FMA says Direct FX did the right thingThe Financial Markets Authority says foreign exchange services company Direct F
FMA says Direct FX did the right thing
New Zealand's National Business Review / Posted 25 days ago
The Financial Markets Authority says foreign exchange services company Direct FX took the right approach in declaring compliance issues and disclosing it in financial statements. "Since then it has satisfied us the company is now in compliance with... Read more
25d
AllAfrica.com
Hans Leaves Standard BankThe executive director and head of personal and business banking at Standard Ba
Hans Leaves Standard Bank
AllAfrica.com / Posted 25 days ago
The executive director and head of personal and business banking at Standard Bank Namibia will be leaving the bank this month to join Bank Windhoek's management team. Bank Windhoek announced yesterday the appointment of Baronice Hans as the managing... Read more
2 related stories
25d
AllAfrica.com
Hans Switches to Bank WindhoekBank Windhoek announced today the appointment of Ms Baronice Hans as the Managi
Hans Switches to Bank Windhoek
AllAfrica.com / Posted 25 days ago
Bank Windhoek announced today the appointment of Ms Baronice Hans as the Managing Director Designate of the Bank with effect from 1 February 2016. Baronice, is a Chartered Accountant by profession, graduated from the University of South Africa with... Read more
2 related stories
25d
New Zealand's National Business Review
Direct FX may cancel derivatives licenceForeign exchange services company Direct FX, controlled by managing director An
Direct FX may cancel derivatives licence
New Zealand's National Business Review / Posted 25 days ago
Foreign exchange services company Direct FX, controlled by managing director Andrew Isbister, is considering cancelling its derivatives issuer licence after a temporary breach of compliance rules covering the tiny portion of forward contracts it... Read more
26d
National Post
Story | Business Wire News Releases | News | Financial PostYELLOWKNIFE, Northwest Territories--(BUSINESS WIRE)--Dominion Diamond Corporati
Story | Business Wire News Releases | News | Financial Post
National Post / Posted 26 days ago
YELLOWKNIFE, Northwest Territories--(BUSINESS WIRE)--Dominion Diamond Corporation (TSX: DDC, NYSE: DDC) (the “Company” or “Dominion”) announces today that Mr. Jim Gowans has been appointed to the Board of Directors of the Company (the “Board”). The... Read more
26d
Business Wire
Dominion Diamond Corporation Announces Appointment of New Directors and New Chairman DesignateYELLOWKNIFE, Northwest Territories--(BUSINESS WIRE)--Dominion Diamond Corporati
Dominion Diamond Corporation Announces Appointment of New Directors and New Chairman Designate
Business Wire / Posted 26 days ago
YELLOWKNIFE, Northwest Territories--(BUSINESS WIRE)--Dominion Diamond Corporation (TSX: DDC, NYSE: DDC) (the “Company” or “Dominion”) announces today that Mr. Jim Gowans has been appointed to the Board of Directors of the Company (the “Board”). The... Read more
26d
Business Wire
Audax Group Announces Acquisition of Lifemark Health and Viewpoint Medical AssessmentsBOSTON--(BUSINESS WIRE)--Audax Group recently acquired Lifemark Health and View
Audax Group Announces Acquisition of Lifemark Health and Viewpoint Medical Assessments
Business Wire / Posted 26 days ago
BOSTON--(BUSINESS WIRE)--Audax Group recently acquired Lifemark Health and Viewpoint Medical Assessments, the physiotherapy, rehabilitation and medical assessments divisions of Centric Health Corporation (“Centric Health”). Lifemark Health,... Read more
27d
Business Wire
Fitch Expects to Rate TTX's Senior Unsecured Notes 'ACHICAGO--(BUSINESS WIRE)--Fitch Ratings expects to rate TTX Company's (TTX) pro
Fitch Expects to Rate TTX's Senior Unsecured Notes 'A
Business Wire / Posted 27 days ago
CHICAGO--(BUSINESS WIRE)--Fitch Ratings expects to rate TTX Company's (TTX) proposed issuance of $300 million of three-year, senior unsecured medium-term notes (MTN) 'A-'. Proceeds from the issuance are expected to be used for general corporate... Read more
8 related stories
27d
Business Standard India
Housing fin companies fall after Sebi tightens MF normsThe Sebi board on Monday approved amendment in the Mutual Funds Regulations, 19
Housing fin companies fall after Sebi tightens MF norms
Business Standard India / Posted 27 days ago
The Sebi board on Monday approved amendment in the Mutual Funds Regulations, 1996, which will reduce sector exposure limits of debt schemes to 25 per cent from the current 30 per centThe Sebi... Read more
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