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11h
AllAfrica.com
Fitch - Nigerian Banks Heading Into StormsFitch Rating has warned that Nigerian banks are heading into financial and oper
Fitch - Nigerian Banks Heading Into Storms
AllAfrica.com / Posted 11 hours ago
Fitch Rating has warned that Nigerian banks are heading into financial and operational storms in view of what it called the increasingly difficult conditions under which they are operating. It made it clear that the difficult times are likely to... Read more
15h
AllAfrica.com
ZSE Prepares Listing of Debt InstrumentsThe Zimbabwe Stock Exchange is at an advanced stage in preparations for the lis
ZSE Prepares Listing of Debt Instruments
AllAfrica.com / Posted 15 hours ago
The Zimbabwe Stock Exchange is at an advanced stage in preparations for the listing of debt instruments on the bourse which will offer the market a wider array of tradable securities beyond just shares and debentures. As part of the preparations for... Read more
17h
Zawya
Credit growth up by KD 453mn in JuneKuwaitCredit growth up by KD 453mn in June Credit growth in June was strong, but ann
Credit growth up by KD 453mn in JuneKuwait
Zawya / Posted 17 hours ago
Credit growth up by KD 453mn in June Credit growth in June was strong, but annual growth eased slightly to 5.2 percent y/y on basis effects. Lending was up by KD 453 million during the month. While much of the gain came from lending for securities... Read more
23h
The Globe and Mail
Big Six banks defy pessimists amid glut of economic uncertaintySo much for the gloomy forecasts. At least for now. Canadian Imperial Bank of
Big Six banks defy pessimists amid glut of economic uncertainty
The Globe and Mail / Posted 23 hours ago
So much for the gloomy forecasts. At least for now. Canadian Imperial Bank of Commerce and Toronto-Dominion Bank added to a string of strong financial reports this week from Canada’s big banks, which have largely defied expectations that ugly... Read more
1d
AllAfrica.com
Nigeria to Host #RemitAfrica2015MobileMoneyAfrica will host the RemitAfrica conference on Nov 04 - 05 in Lagos,
Nigeria to Host #RemitAfrica2015
AllAfrica.com / Posted yesterday
MobileMoneyAfrica will host the RemitAfrica conference on Nov 04 - 05 in Lagos, the economic capital of Nigeria, Africa's largest remittance nation. Remittance providers and stakeholders such as money transfer operators, financial services... Read more
1d
AllAfrica.com
Bank of Ghana Cautions Banks/NBFIS/Public Against Illegal Financial Service ProvidersLicensed Microfinance Institutions (MFIs) have registered modest growth levels,
Bank of Ghana Cautions Banks/NBFIS/Public Against Illegal Financial Service Providers
AllAfrica.com / Posted yesterday
Licensed Microfinance Institutions (MFIs) have registered modest growth levels, having mobilized GH¢946 million in deposits as at June 30, 2015, amounting to 73.4 per cent of total assets of the MFI industry. Total assets of the MFIs sector, as at... Read more
2 related stories
1d
AllAfrica.com
More Than 200 Delegates Storm Remitafrica2015 SummitMore than 200 delegates and 65 industry stakeholders from more than 25 countrie
More Than 200 Delegates Storm Remitafrica2015 Summit
AllAfrica.com / Posted yesterday
More than 200 delegates and 65 industry stakeholders from more than 25 countries are expected to attend the remitAfrica2015 conference in Lagos - Nigeria on Nov 04 - 05, this year. Mobile Money Africa, which is hosting the event in the economic... Read more
2d
AllAfrica.com
South Africa Is Top for Affordable Financial ServicesSouth Africa ranks second for its excellent access to and usage of affordable f
South Africa Is Top for Affordable Financial Services
AllAfrica.com / Posted 2 days ago
South Africa ranks second for its excellent access to and usage of affordable financial services, according to a report released yesterday. The 2015 Brookings Financial and Digital Inclusion Project (FDIP) Report and Scorecard, which evaluated 21... Read more
4 related stories
2d
AllAfrica.com
SA Excels in Index for Financial Services, Mobile CapacitySouth Africa was ranked second in an index for its excellent access to and usag
SA Excels in Index for Financial Services, Mobile Capacity
AllAfrica.com / Posted 2 days ago
South Africa was ranked second in an index for its excellent access to and usage of affordable financial services, a report released on Tuesday shows. The 2015 Brookings Financial and Digital Inclusion Project (FDIP) Report and Scorecard, which... Read more
4 related stories
3d
Zawya
Kuwait banks drive earnings growth in H1 15 - NBK Economic ReportFinancial ServicesKuwait banks drive earnings growth in H1 15 - NBK Economic Report Earnings of
Kuwait banks drive earnings growth in H1 15 - NBK Economic ReportFinancial Services
Zawya / Posted 3 days ago
Kuwait banks drive earnings growth in H1 15 - NBK Economic Report Earnings of 169 Kuwaiti listed companies totalled KD 868 million. Earnings' growth appears to have moderated somewhat from the stronger results seen in 1H14. Nonetheless, reported... Read more
4d
Zero Hedge
Forget The Dips, Sell The RipsSubmitted by David Stockman via Contra Corner blog, Now that was fast! When I
Forget The Dips, Sell The Rips
Zero Hedge / Posted 4 days ago
Submitted by David Stockman via Contra Corner blog, Now that was fast! When I posted a piece a week ago noting that the S&P 500 had crossed the 2100 line from below for the 13th time this year, it signified that the market had been thrashing... Read more
5d
The Globe and Mail
Oil slump weighs on Canadian bank stocks as Big Six report earningsCanadian banks are facing a tough economic environment, raising some uncertaint
Oil slump weighs on Canadian bank stocks as Big Six report earnings
The Globe and Mail / Posted 5 days ago
Canadian banks are facing a tough economic environment, raising some uncertainty among observers over what the Big Six’s quarterly financial results will look like this week. At home, oil prices are in the dumps and Canada’s economy has contracted... Read more
8d
Business Wire
Fitch Completes Insurance Notching Review for U.S. Life InsuranceCHICAGO--(BUSINESS WIRE)--Fitch Ratings has completed a portfolio review coveri
Fitch Completes Insurance Notching Review for U.S. Life Insurance
Business Wire / Posted 8 days ago
CHICAGO--(BUSINESS WIRE)--Fitch Ratings has completed a portfolio review covering 28 life insurance groups within the U.S. Life Insurance sector. The review focused exclusively on the application of Fitch's recently updated notching criteria for the... Read more
24 related stories
9d
The Chattanoogan
Latest Hamilton County Jail Booking Report - Chattanoogan.comHere is the latest jail booking report for Hamilton County: BAKER, BRITTANY DE
Latest Hamilton County Jail Booking Report - Chattanoogan.com
The Chattanoogan / Posted 9 days ago
Here is the latest jail booking report for Hamilton County: BAKER, BRITTANY DENE HOMELESS EAST RIDGE, 37412 Age at Arrest: 25 years old Arresting Agency: Chattanooga FAILURE TO APPEAR BARROW, JANET D 6923 BAY CREST LANE HARRISON, 37341 Age at... Read more
19 related stories
10d
Brisbane Times
Commodity currency collapse prolongs agony for oil bullsA 60 per cent decline in US dollar prices since June 2014 hasn't curbed US prod
Commodity currency collapse prolongs agony for oil bulls
Brisbane Times / Posted 10 days ago
A 60 per cent decline in US dollar prices since June 2014 hasn't curbed US production, which is near the highest level in four decades. Photo: Reuters Crude bulls, stung by the worst July on record, should expect further pain as slumping commodity... Read more
2 related stories
10d
The Age
Commodity currency collapse prolongs agony for oil bullsA 60 per cent decline in US dollar prices since June 2014 hasn't curbed US prod
Commodity currency collapse prolongs agony for oil bulls
The Age / Posted 10 days ago
A 60 per cent decline in US dollar prices since June 2014 hasn't curbed US production, which is near the highest level in four decades. Photo: Reuters Crude bulls, stung by the worst July on record, should expect further pain as slumping commodity... Read more
2 related stories
10d
Sydney Morning Herald
Commodity currency collapse prolongs agony for oil bullsA 60 per cent decline in US dollar prices since June 2014 hasn't curbed US prod
Commodity currency collapse prolongs agony for oil bulls
Sydney Morning Herald / Posted 10 days ago
A 60 per cent decline in US dollar prices since June 2014 hasn't curbed US production, which is near the highest level in four decades. Photo: Reuters Crude bulls, stung by the worst July on record, should expect further pain as slumping commodity... Read more
2 related stories
10d
Zero Hedge
August 18Overnight Media Digest * As the U.S. economic expansion ages and clouds gather
August 18
Zero Hedge / Posted 10 days ago
Overnight Media Digest * As the U.S. economic expansion ages and clouds gather overseas, policy makers worry fiscal and monetary tools to battle a recession are in short supply. The United States generally injects cash into the economy through... Read more
3 related stories
11d
Business Standard India
Decoding the Indian financial code 2.0A draft of the country's revised financial regulatory code has kicked up a lot
Decoding the Indian financial code 2.0
Business Standard India / Posted 11 days ago
A draft of the country's revised financial regulatory code has kicked up a lot of dust over the proposed changes to the role of the RBI as a regulatorA draft of the country's revised financial regulatory code has... Read more
11d
The Globe and Mail
Stream hires one of National Bank’s top oil and gas bankersStream Asset Management, a private-equity firm that concentrates on energy infr
Stream hires one of National Bank’s top oil and gas bankers
The Globe and Mail / Posted 11 days ago
Stream Asset Management, a private-equity firm that concentrates on energy infrastructure, has hired one of National Bank Financial Inc.’s top oil and gas bankers to help it expand as the industry seeks cash. Arun Chandrasekaran has joined... Read more
14d
Business Insider
The world's most hated currency hit an 11-year lowAmong them, one stands out: the Canadian dollar. The rout in commodities has r
The world's most hated currency hit an 11-year low
Business Insider / Posted 14 days ago
Among them, one stands out: the Canadian dollar. The rout in commodities has ravaged Canada’s oil patch and its mining sector. For example, home sales in Calgary, the epicenter of the oil patch, have plunged 25% year-to-date. Canada is in one of the... Read more
14d
The Globe and Mail
Weaker loonie gives rise to falling corporate investmentA research report from National Bank Financial economist Krishen Rangasamy high
Weaker loonie gives rise to falling corporate investment
The Globe and Mail / Posted 14 days ago
A research report from National Bank Financial economist Krishen Rangasamy highlights the dark side of the weak loonie. The cratering domestic currency is likely to help export growth, but it makes corporate investment expensive – particularly in... Read more
15d
Business Wire
Fitch Affirms HSBC Mexico's IDR at 'A' & VR at 'bbb'; Outlook StableMONTERREY, Mexico--(BUSINESS WIRE)--Fitch Ratings has affirmed HSBC Mexico, S.A
Fitch Affirms HSBC Mexico's IDR at 'A' & VR at 'bbb'; Outlook Stable
Business Wire / Posted 15 days ago
MONTERREY, Mexico--(BUSINESS WIRE)--Fitch Ratings has affirmed HSBC Mexico, S.A.'s (HSBC Mexico) Viability Rating (VR) at 'bbb' and its local and foreign currency Issuer Default Ratings (IDRs) at 'A+' and 'A', respectively. Simultaneously, Fitch has... Read more
4 related stories
15d
Manila Bulletin
COA: State rural credit arm losses in past eight years – P11.57 billiion Government’s agricultural credit arm is in danger of continuing operations af
COA: State rural credit arm losses in past eight years – P11.57 billiion
Manila Bulletin / Posted 15 days ago
Government’s agricultural credit arm is in danger of continuing operations after incurring huge losses that has reached P11.571 billion in the past eight years. In a... Read more
15d
The Globe and Mail
Harper vows to boost RRSP withdrawal limit for first-time buyersThe Conservatives are pinning their re-election hopes on a resurgence in househ
Harper vows to boost RRSP withdrawal limit for first-time buyers
The Globe and Mail / Posted 15 days ago
The Conservatives are pinning their re-election hopes on a resurgence in household spending to help power the economy, even as they risk reversing years of policies aimed at engineering a soft landing in the housing market and curbing rising levels... Read more
16d
The Daily Reckoning
Warren Buffett, Meet Jesse LivermoreDo you buy cheap stocks only to sit back and see them get much cheaper? Or, af
Warren Buffett, Meet Jesse Livermore
The Daily Reckoning / Posted 16 days ago
Do you buy cheap stocks only to sit back and see them get much cheaper? Or, after selling a stock because it is ‘expensive’, does it continue to rise in a seemingly deliberate attempt to spite and humiliate you? Well, this is the topic of my... Read more
17d
Daily News
PLC ups profit to Rs 1b in 1 quarterPeople’s Leasing & Finance PLC (PLC) has reflected its strong position in the n
PLC ups profit to Rs 1b in 1 quarter
Daily News / Posted 17 days ago
People’s Leasing & Finance PLC (PLC) has reflected its strong position in the non-bank financial institutions sector by achieving an outstanding profit of Rs.1 b during the first quarter of 2015/16. PLC continued to sustain the growth momentum in... Read more
17d
Finance Asia
Beijing approves policy banks' Rmb15b bond planBeijing has approved plans by two policy banks to raise a total of Rmb15 billio
Beijing approves policy banks' Rmb15b bond plan
Finance Asia / Posted 17 days ago
Beijing has approved plans by two policy banks to raise a total of Rmb15 billion from offshore renminbi bond market in an effort to revive economic growth by financing public works projects. China Development Bank, the biggest of the country's three... Read more
17d
iol.co.za
Tax dodgers must come cleanJohannesburg - The South African Institute of Professional Accountants (SAIPA)
Tax dodgers must come clean
iol.co.za / Posted 17 days ago
Johannesburg - The South African Institute of Professional Accountants (SAIPA) is urging local tax dodgers to come clean in the wake of the HSBC scandal. The association on Tuesday warned tomorrow is the last day tax payers can voluntarily tell the... Read more
18d
AllAfrica.com
Natsave Branch Network Reaches 33Chilubi Island — The Zambia National Savings and Credit Bank (NATSAVE) has a to
Natsave Branch Network Reaches 33
AllAfrica.com / Posted 18 days ago
Chilubi Island — The Zambia National Savings and Credit Bank (NATSAVE) has a total branch network of 33, making it one of the most represented non-bank financial institution sectors in Zambia. The bank had a total asset portfolio of K616 million as... Read more
19d
The Malaysian Insider
Saudi budget squeeze may be several years away Published: 9 August 2015 7:29 PM Pressure on Saudi Arabia's state finances i
Saudi budget squeeze may be several years away
The Malaysian Insider / Posted 19 days ago
Published: 9 August 2015 7:29 PM Pressure on Saudi Arabia's state finances is mounting as oil prices fall, but the latest official figures suggest the world's top crude exporter still has at least... Read more
20d
Asian journal
The ABCs of foreign bank and financial accounts (FBAR)IF you have offshore bank accounts, should you report the accounts to the U.S.
The ABCs of foreign bank and financial accounts (FBAR)
Asian journal / Posted 20 days ago
IF you have offshore bank accounts, should you report the accounts to the U.S. government? Yes, if the aggregate balances exceed $10,000 at any time during the year. What if you had the accounts before you left for the U.S.? Yes, you should. There... Read more
21d
The Globe and Mail
Cara Operations makes for an alluring buy, but has to prove its worthCara traces its history to 1883, when it sold newspapers and snacks along the C
Cara Operations makes for an alluring buy, but has to prove its worth
The Globe and Mail / Posted 21 days ago
Cara traces its history to 1883, when it sold newspapers and snacks along the Canadian railways (hence “CaRa”). However, it appears the Cara you can buy into today was shaped in just the past couple of years. Part-owner Fairfax Financial Holdings... Read more
21d
Business Wire
Servicemembers Outpacing Civilians In Monitoring Family Finances, First Command ReportsFORT WORTH, Texas--(BUSINESS WIRE)--Members of America’s career military are ou
Servicemembers Outpacing Civilians In Monitoring Family Finances, First Command Reports
Business Wire / Posted 21 days ago
FORT WORTH, Texas--(BUSINESS WIRE)--Members of America’s career military are outpacing their civilian counterparts in monitoring their family finances – and many are doing so with the help of financial professionals. The First Command Financial... Read more
22d
Business Wire
Fitch Completes Aircraft Lessor Peer ReviewNEW YORK--(BUSINESS WIRE)--Fitch Ratings has completed a peer review of five ra
Fitch Completes Aircraft Lessor Peer Review
Business Wire / Posted 22 days ago
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has completed a peer review of five rated aircraft lessors, resulting in the affirmation of the long-term Issuer Default Ratings (IDRs) of AerCap Holdings N.V. (AER, 'BB+'), Avation PLC (AVAP, 'B+'), Aviation... Read more
22d
AllAfrica.com
Measures in Place to Avoid Price MeltdownGaborone — Capital market regulators leave price discovery of securities to inv
Measures in Place to Avoid Price Meltdown
AllAfrica.com / Posted 22 days ago
Gaborone — Capital market regulators leave price discovery of securities to investors, the Minister of Finance and Development Planning, Mr Kenneth Matambo has said. Mr Matambo said that limits price distortion and aids securities prices to be... Read more
23d
Naked Capitalism
China’s Stock Market CollapseThe recent rout in the Chinese stock market – and the Chinese authorities’ incr
China’s Stock Market Collapse
Naked Capitalism / Posted 23 days ago
The recent rout in the Chinese stock market – and the Chinese authorities’ increasingly panicky responses to it that temporarily halted the decline – may not seem all that important to some observers. Indeed, there are analysts who have said that... Read more
24d
Business Wire
Fitch Rates CIT Bank, N.A. 'BB+/B' Following CIT Group Inc.'s Acquisition of OneWest BankNEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned 'BB+/B' long- and short-t
Fitch Rates CIT Bank, N.A. 'BB+/B' Following CIT Group Inc.'s Acquisition of OneWest Bank
Business Wire / Posted 24 days ago
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned 'BB+/B' long- and short-term Issuer Default Ratings (IDRs) to CIT Bank, N.A., following the announcement that CIT Group Inc. (CIT) completed its acquisition of IMB Holdco LLC, the parent company... Read more
25d
Daily Liberal
Astley Cup Brawl9:00am: That's all folks. From all of us here at The Grill - HAVE A CRACKER OF
Astley Cup Brawl
Daily Liberal / Posted 25 days ago
9:00am: That's all folks. From all of us here at The Grill - HAVE A CRACKER OF A WEEKEND! Make sure you check back in with us on Monday with the great Angela Clutterbuck. In the meantime keep updated with all the sites from around the... Read more
26d
WBNS-10TV Columbus
Fifth Third Financial Empowerment Mobile Rolls Into Columbus Sunday August 2, 2015 9:51 AMUPDATED: Sunday August 2, 2015 10:12 AM The Fif
Fifth Third Financial Empowerment Mobile Rolls Into Columbus
WBNS-10TV Columbus / Posted 26 days ago
Sunday August 2, 2015 9:51 AMUPDATED: Sunday August 2, 2015 10:12 AM The Fifth Third Bank Financial Empowerment Mobile, the eBus, will be in Columbus August 5-9. Fifth Third's eBus is... Read more
27d
Business Insider
'Liar loans' are popping up in Canada's housing bubbleCanada is different. Regulators are on top of it. There are strict down payment
'Liar loans' are popping up in Canada's housing bubble
Business Insider / Posted 27 days ago
Canada is different. Regulators are on top of it. There are strict down payment requirements. Mortgages are full-recourse, so strung-out borrowers couldn’t just mail in their keys and walk away, as they did in the US. And yada-yada-yada. But... Read more
3 related stories
28d
Business Standard India
NIIF to be operational by DecWill function as sovereign wealth fund, arm's length from govt, says MoS Jayant
NIIF to be operational by Dec
Business Standard India / Posted 28 days ago
Will function as sovereign wealth fund, arm's length from govt, says MoS Jayant SinhaWill function as sovereign wealth fund, arm's length from govt, says MoS Jayant Sinha The proposed Rs 20,000 cr National Investment and... Read more
28d
The New Zealand Herald
Investment in gold loses its shinePrices have plunged but it is still not a bad idea to keep a small amount of sa
Investment in gold loses its shine
The New Zealand Herald / Posted 28 days ago
Prices have plunged but it is still not a bad idea to keep a small amount of savings in the precious metal. Gold is highly volatile, and it pays no interest, dividends or other ongoing returns. Photo / Thinkstock Q: I just wonder how the gold bugs... Read more
28d
Zero Hedge
Liar Loans Pop up in Canada’s Magnificent Housing BubbleFor a long time, the conservative mortgage lending standards in Canada, includi
Liar Loans Pop up in Canada’s Magnificent Housing Bubble
Zero Hedge / Posted 28 days ago
For a long time, the conservative mortgage lending standards in Canada, including a slew of new ones since 2008, have been touted as one of the reasons why Canada’s magnificent housing bubble, when it implodes, will not take down the financial... Read more
3 related stories
28d
ABS-CBNNEWS.com
NCR growth slows to 5.9 pct in 2014MANILA, Philippines - The economy of the National Capital Region grew at a slow
NCR growth slows to 5.9 pct in 2014
ABS-CBNNEWS.com / Posted 28 days ago
MANILA, Philippines - The economy of the National Capital Region grew at a slower pace of 5.9 percent in 2014 compared to 9.2 percent recorded in 2013, the national data agency said. “It mirrored the rate of economic growth in the entire country, or... Read more
29d
Business Insider
'Housing Bubble 2' has bloomed into full magnificenceThe current housing boom has Dallas solidly in its grip. As in many cities arou
'Housing Bubble 2' has bloomed into full magnificence
Business Insider / Posted 29 days ago
The current housing boom has Dallas solidly in its grip. As in many cities around the US, prices are soaring, buyers are going nuts, sellers run the show, realtors are laughing all the way to the bank, and the media are having a field day.... Read more
4 related stories
29d
Naked Capitalism
Housing Bubble Means American Dream Withers at Record PaceThe current housing boom has Dallas solidly in its grip. As in many cities arou
Housing Bubble Means American Dream Withers at Record Pace
Naked Capitalism / Posted 29 days ago
The current housing boom has Dallas solidly in its grip. As in many cities around the US, prices are soaring, buyers are going nuts, sellers run the show, realtors are laughing all the way to the bank, and the media are having a field day.... Read more
4 related stories
29d
AllAfrica.com
RBZ Lauds MefmiTHE Reserve Bank of Zimbabwe deputy governor, Charity Dhliwayo, has praised the
RBZ Lauds Mefmi
AllAfrica.com / Posted 29 days ago
THE Reserve Bank of Zimbabwe deputy governor, Charity Dhliwayo, has praised the Macroeconomic and Financial Management Institute of Eastern and Southern Africa (MEFMI), for producing graduates who have gone on to take up decision making positions in... Read more
30d
Finextra
Sudanese Egyptian Bank adopts Path Solutions iMal banking systemThe iMAL solution, which was chosen to replace SEB’s legacy outsourced system,
Sudanese Egyptian Bank adopts Path Solutions iMal banking system
Finextra / Posted 30 days ago
The iMAL solution, which was chosen to replace SEB’s legacy outsourced system, will now accelerate the growth of its retail banking business and further enhance its customer experience. SEB’s management wanted to maintain its competitive edge in the... Read more
30d
TheBull
Shadow play: how China's unregulated banks feed its boom and bust economyMore turbulence on the Chinese stock market highlights just some of the challen
Shadow play: how China's unregulated banks feed its boom and bust economy
TheBull / Posted 30 days ago
More turbulence on the Chinese stock market highlights just some of the challenges facing the world’s second-largest economy. Following losses of US$3 trillion in the three weeks from mid-June, the Shanghai Composite has since recorded its biggest... Read more
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