TECHS-NEWS.COM: World News - Latest of The Day 17:15, 2019-05-21

International investment banks: It’s all about China

International IBs pride themselves on the diversity of their business in Asia Pacific, but a bank without a decent China business in this region is nowhere. It is the engine of both regional and global growth....

International investment banks: It’s all about China

Source: euromoney.com

CEE home team advantage: The rise of the local investment banks Since 2008, rising local players have gained the upper hand over risk-averse global investment banks in emerging Europe as the flow of larger deals has declined, but that could change as regional firms start to flex their muscles on the global stage and China looms large....
20:15, 2019-05-21

U.S. Investment in African University Fails as China Advances The failure of a university project in Ghana marked a high-profile setback for U.S. government efforts to counter China’s growing investment influence in Africa....
16:45, 2019-07-21

Property speculators hope for investment paradise in southwest China A bus came to a halt amid a tropical rainforest not far from China's border with Myanmar, dropping off about 30 investors on a property tour, some with children in tow....
04:00, 2019-07-12

China's Xiaomi continues chip strategy revamp with investment in semiconductor designer China's Xiaomi Corp has taken a stake of roughly 6% in compatriot chip designer VeriSilicon Holdings Co Ltd, as the smartphone maker revamps its years-long pursuit of success in semiconductors which it sees as central to driving innovation....
16:45, 2019-07-15

Wall Street banks are bailing on troubled American farmers amid US-China trade war In the wake of the US housing meltdown of the late 2000s, JPMorgan Chase & Co hunted for new ways to expand its loan business beyond the troubled mortgage sector....
02:00, 2019-07-12

World stocks are rallying after a trio of central banks cut rates and China calmed investors' nerves AP Images / Richard Drew World stock markets rallied on Thursday after central banks in New Zealand, India, and Thailand announced surprise cuts to interest rates. China also fixed its reference rate at a stronger level than expected, and released positive trade data for July. Oil prices rebounded ...
18:45, 2019-08-09

China banking regulator will study ways to restructure high-risk rural commercial banks China's banking and insurance regulator said on Thursday it will study market-based and law-based ways to restructure and reform high-risk rural commercial banks....
10:30, 2019-07-25

China media says U.S. 'destroying international order', after currency-manipulator branding China's official Communist Party newspaper said on Tuesday that the United States was "deliberately destroying international order", a day after Washington branded Beijing a currency manipulator in a rapidly escalating trade dispute....
09:00, 2019-08-06

China-owned tower in New York City reportedly wouldn't let Amnesty International move in A spokeswoman for Amnesty International U.S.A. said the organization was told that it is "not the best tenant" for a building owned by a Chinese state-owned enterprise, according to The New York Times....
14:38, 2019-05-21

Hong Kong International Airport cancels all flights, China compares protest to 'terrorism' Hong Kong International Airport canceled all flights Monday after a swarm of pro-democracy demonstrators occupied the main terminal, prompting a fiery denunciation in which Chinese authorities likened the protest to "terrorism."...
22:45, 2019-08-12

Investors Shun Banks Buying Other Banks Shares of banks buying other banks are underperforming, reflecting investor concerns that potential economic weakness could depress future earnings and portend bigger-than-expected loan losses at target firms....
04:45, 2019-06-17

U.S. Banks Rush in as European Banks Stumble The retrenchment of Deutsche Bank and other former European financial powerhouses has left a gaping hole in European banking. U.S. banks are filling the void, strengthening their stranglehold on the region....
18:15, 2019-07-08

World Federation of Exchanges and the International Options Market Association Assemble Exchange and Clearinghouse Leaders at the NASDAQ MarketSite to Discuss Coordination of International Regul NEW YORK (April 19, 2010) - Leaders of the derivatives exchanges and clearinghouse members of the World Federation of Exchanges (WFE) who have gathered this week for the annual International Options Market Association (…...
20:30, 2019-05-22

How to Tell If Your Investment Is Really Responsible The boom in responsible investing worldwide throws up a key question for borrowers, fund managers and index compilers: How exactly do you evaluate and compare responsible investments? A whole industry has grown up to try to provide answers. It looks beyond financial performance to score companies an...
11:00, 2019-08-11

Do you consider your home a great investment? Think again Your home may be many things. A place to raise your family. An opportunity to put down roots. But one thing it is not is a great investment, according to expert Jonathan Clements....
22:30, 2019-05-22

10 Big Investment Mistakes You Should Avoid Delaying investments is one of the biggest and most common financial mistakes one can make. Majority of people don't start investing in their early age which can result in lower accumulation of......
22:00, 2019-06-14

Top 5 investment robo-advisors It can be tough to decide how to best invest your money, or who to pick to handle it. Tom Merritt suggests five robo-advisors that can help make the task easier....
21:15, 2019-06-04

How Woodford Investment's bets took a bad turn When Neil Woodford left the fund management giant Invesco Perpetual in October 2013 to set up his own company, he was without doubt Britain's most-garlanded asset manager....
01:45, 2019-06-05

What's behind Great Lakes investment surge? It's a big year for auto industry investment in the traditional corners of the Midwest. Center for Automotive Research monitor Bernard Swiecki delves into why....
06:30, 2019-08-12

Investment bank environment still very fragile says UBS Investment banking conditions have improved over recent months but remains "very fragile," UBS Chief Executive Sergio Ermotti said on Thursday, adding the Swiss lender's own business was performing......
15:15, 2019-06-06

The democratization of AI: Why it’s time to make the investment Any hesitation about jumping on the AI train can be put to rest. You can now integrate AI and machine learning without hiring a team of data scientists.Read More...
15:30, 2019-06-10

VW Ups Its Investment in Ford's Self-Driving Car Unit Volkswagen has agreed to invest around $2.6 billion in Ford’s autonomous-vehicle partner, Argo AI, in a deal that expands an alliance struck earlier this year and values the startup at $7 billion....
17:30, 2019-07-12

In Salzburg, 'Everyman' is an investment banker The 99th Salzburg Festival began with a repeat of the 2017 staging of Hugo von Hofmannsthal's mystery play "Jedermann." In it, Russian actress Valery Cheplanova is decked out as a vamp in a pants suit....
14:30, 2019-07-22

Check Your Investment Portfolio Once a Month It’s a refrain you’ve heard here before: Stop checking your investments. Let the market do its thing. Remain somewhat blissfully unaware. Trust that your nest egg will grow....
03:30, 2019-05-30

Consider this investment if you're worried about losing all your money While the rate of return isn't anything to write home about, you get inflation protection and the guarantee that you won't lose your principal....
16:15, 2019-08-07

TPG to take a bath on Victoria Plum investment The American private equity giant which owns Victoria Plum is facing a heavy loss on its investment in the online bathrooms specialist in a further sign of the crisis which has engulfed Britain's retail sector....
15:15, 2019-07-09

The Brand Investment in eSports Report Phil Ellsworth/ESPN Images eSports viewership is on the rise. Thanks in part to streaming services such as Twitch, the number of eSports fans globally is anticipated to surge 59% over the next four to five years.See the rest of the story at Business InsiderSee Also:CBS and Viacom could finally annou...
00:00, 2019-07-24

Want to Profit From a Trade War? There’s an Investment Fund for That There are funds on the market that could help you profit from American trade tensions with countries like China. But short-term bets are inherently risky....
12:30, 2019-07-11

Investment activity in AI gains traction in UAE The hype and excitement around AI are ubiquitous and executives in the UAE clearly see the transformational potential it will have on their organizations in the next three to five years.With a significant number of companies still in the planning phase, it is companies that have been able to educate...
10:45, 2019-06-13

This Investment Straddles "A $1 Trillion Powder Keg" Did you know that Enron's bonds enjoyed an "investment grade" rating just four days before it went bankrupt? Unfortunately true. And, today, other companies and their bonds sit atop "a $1 trillion powder keg." Learn why......
14:32, 2019-05-21

For Spain, Investment Pays Off at the World Cup Dozens of countries have embraced women’s soccer in recent years. Few have done so quite as completely as Spain, which faces the United States on Monday....
22:00, 2019-06-23

Banks Had to ‘Dig in the Mud’ to Make Her New Album III Singer-songwriter Jillian Banks, known as Banks, helped popularize the brooding R&B sound that’s dominated pop this decade. Now, after a two-year self-imposed hiatus, she returns with her third album, III. In it, she explores pain, desire and personal growth, mixing vulnerable songwriting with...
14:30, 2019-07-11

Brazilian banks carry on regardless The rapid fall in interest rates in Brazil, from a peak of 14.25% in 2016 to 6.5% in February 2018, created expectations among analysts that the biggest banks’ famously high net interest margin was finally about to be eroded....
20:45, 2019-07-31

Banks: III review – her best album yet (Harvest)Jillian Rose Banks has spent the past six years making fascinating, sedated songs that vacillate between trap-pop and R&B. Now, with music’s dominant sound moving in her direction, the Los Angeles-based singer-songwriter’s third and most impressive album yet only lacks the helicopter hit th...
12:30, 2019-07-14

Here Are The Investment Options Available Under National Pension System According to NSDL's website, the central government subscribers have the option of selecting the Pension Funds (PFs) and investment patterns in tier I account....
16:30, 2019-07-23

As GM touts investment plans, UAW slams cuts GM's investment commitments ahead of this year's contract negotiations have been met with mixed reactions amid a strategy to close plants in Ohio, Michigan and Maryland....
07:45, 2019-06-03

Startup Investment to Keep Soaring After Record Year Investment in closely held technology companies is set to keep rising after hitting a record last year, as more funds that have traditionally invested in public markets chase the returns being generated by startups, a new report shows....
01:00, 2019-07-20

Global fintech investment plummets worldwide The ongoing trade war between the US and China led global fintech investments to fall by 29 percent during the first half of 2019 according to a new report from Accenture.The value of fintech deals worldwide during the first six months of this year declined to $22bn which is a significant decrease w...
21:00, 2019-08-19

Amazon’s Deliveroo Investment Is Halted for U.K. Scrutiny A British regulator ordered that an Amazon-led cash infusion into the food-delivery start-up be paused to study whether it creates competition concerns....
16:15, 2019-07-05

Baby Boomer vs. Millennial Investment Smackdown Owning a basket of stocks that caters to young people with growing spending power sounds better than one focused on those heading for retirement, but the price may not be right....
17:30, 2019-06-06

Why Chinese overseas investment growth is set to slow further Chinese overseas investment growth will likely slow or even decline in the next few years as risks around the world increase, according to new research by Moody's Investors Service....
14:30, 2019-08-21

U.S. clears SoftBank's $2.25 billion investment in GM's Cruise SoftBank has come under increasing U.S. scrutiny over its ties to Chinese firms in the face of an escalating trade and technology war between Washington and Beijing....
22:45, 2019-07-06

Soccer: U.S. players want more investment in women's game The 1999 U.S. women's team may defy comparison in the eyes of many soccer fans but, 20 years after their famous World Cup triumph, the challenges they faced are all too familiar with pay and conditions still at the top of the agenda....
02:15, 2019-05-25

Colombia's Hocol says signed four oil contracts for $100 mln investment Hocol, a unit of Colombian state-owned oil company Ecopetrol, signed four contracts on Thursday for oil exploration that will require a total investment of some $100 million, the company said....
06:15, 2019-07-12

Donald Trump calls for more Japanese investment in US US President Trump has called on Japanese business leaders to boost investment in the US at the start of a four-day visit. Trump is hoping to secure a trade deal to curb what he described as Japan's "substantial edge."...
19:45, 2019-05-25

Is Real Estate Crowdfunding a Good Investment? Ask a rich person how they got rich, and there’s a good chance they’ll say they invested in real estate. In fact, real estate is generally accepted as one of the most solid ways to build wealth. That’s why there’s no shortage of people who long to buy a home and watch its value rise over time. There...
05:00, 2019-08-22

The best USB power banks for phones and tablets By Sarah Witman This post was done in partnership with Wirecutter. When readers choose to buy Wirecutter's independently chosen editorial picks, Wirecutter and Engadget may earn affiliate commission. Read the full guide to USB power banks for phones......
00:30, 2019-06-08

What a ‘Direct Listing’ Is, and Why Banks Are Nervous Hot technology startups have traditionally raised the cash they needed to break into the big time through initial public offerings. IPOs became synonymous with instant wealth for company founders and those lucky enough to buy those shiny new shares. But for some of the new generation of tech firms g...
23:00, 2019-06-19

Japanese Banks Are Circling the Drain Banking in a country where almost nobody defaults sounds easy. For Japan’s lenders, it is anything but. After almost three decades of near-zero, zero, and now negative interest rate policies, Tokyo has pushed its banking system to its limit....
13:15, 2019-08-06

Banks Get Some Relief in Volcker-Rule Changes U.S. regulators unveiled final changes to Volcker-rule restrictions on proprietary trading by financial firms, removing a provision opposed by the biggest banks and giving some regulatory relief to smaller firms....
20:30, 2019-08-20

Veteran NFL writer Don Banks dies at 57 Veteran NFL writer Don Banks died in his sleep the day after attending the 2019 Pro Football Hall of Fame enshrinement ceremony in Canton, Ohio. He was 57....
18:30, 2019-08-05

Swiss gov't OKs regulatory approach for big banks The Swiss government does not see any need for fundamental changes in the way big banks including UBS Group and Credit Suisse are regulated, it said on Wednesday after a review it does every two years....
12:15, 2019-07-03

RBI Allows Banks To Use Aadhaar For KYC Verification, 10 Things To Know Banks can now use Aadhaar numbers for Know-Your-Customer (KYC) verification if the customer gives consent, the Reserve Bank of India (RBI) said on Wednesday. RBI also updated Aadhaar to the list of......
09:45, 2019-05-30

Is it time for Asian banks to go global? As Asia’s share of world GDP and global capital increases, the trend among Asia-based banks is for regional rather than global expansion. The region’s leading chief executives explain their approach to growth....
15:30, 2019-05-21

Banks Get the Late-Cycle Blues Quarterly results from a trio of big U.S. lenders showed slowing loan growth and declining net interest margins. Goldman Sachs looks less impacted than peers thanks to a diversification drive but, if the economic cycle does turn, none look attractive....
04:00, 2019-07-17

Europe's Banks Warn About Prospects Banks in Germany, Italy and Holland, warned that making money and improving operations are becoming more challenging as already-low interest rates look set to tick lower....
23:00, 2019-08-07

Why Central Banks Down Under Are Finally Talking QE Australia and New Zealand’s central banks are pondering what until recently seemed unthinkable: deploying the types of extreme monetary policies that were spawned globally by the 2008 global financial crisis. Bond-purchase programs and negative interest rates were for years seen Down Under as the pr...
23:00, 2019-08-21

Brian Banks knows that it’s an inspirational drama but isn’t quite sure why “Freedom doesn’t just start on the football field,” intones Brian Banks (Aldis Hodge) at the outset of his semi-inspirational, semi-harrowing true story, correcting naïve audience members who had, until that moment, assumed that the American football field is the exclusive provenance of their liber...
23:30, 2019-08-06

Banks can help to alleviate the refugee crisis Humanitarian crises are emerging market issues and local banks are the best way to distribute aid. Banks should make it easier and cheaper to get funds to them....
14:38, 2019-05-21

The banks are back with another big credit bubble Financial regulators need to rein in the growth of high-risk, high-yield lending to business. If they wait to act until they can say with certainty that a credit bubble is about to burst, they’ve waited too long....
03:30, 2019-06-01

U.S. Fed's Daly says banks need to do right by customers, communities Banks need to change their internal cultures if they are to combat competition from technology companies for customers soured on traditional financial institutions after the 2007-09 financial crisis, San Francisco Federal Reserve Bank President Mary Daly said on Monday....
07:00, 2019-06-03

Revisit investment strategies as fears of recession grow Just like people shouldn’t try to keep up with spendthrift Joneses, they shouldn’t feel bad if they can’t match the saving prowess of supersaver Joneses....
23:30, 2019-08-20

New Media Investment Group to purchase Gannett in $1.38B deal The owner of GateHouse Media agreed to purchase Gannett, the publisher of USA Today, in a deal worth about $1.38 billion, both companies announced Monday....
05:15, 2019-08-06

NBN Co told to forget about recouping investment and focus on service ACCC chair Rod Sims says NBN Co’s priority must be providing customers with better products at prices they can afford The ACCC chair, Rod Sims, says NBN Co should be prepared to sink the value of the $50bn taxpayer investment in the project if it means customers get better products at prices they ca...
22:15, 2019-07-31

UK's competition regulator to examine Amazon investment in Deliveroo Britain's competition regulator served an initial enforcement order on Amazon and Deliveroo on Friday, seeking to pause the e-commerce giant's investment in the online food delivery company....
09:30, 2019-07-05

AIG profit rises 18% on strong underwriting, investment income Insurer American International Group Inc reported a 17.6% rise in second-quarter profit on Wednesday, boosted by improved underwriting in its general insurance business and higher investment income....
23:00, 2019-08-07

Warren Calls for $85 Billion Investment in Public Broadband Democratic presidential candidate Elizabeth Warren is calling for an $85 billion investment in publicly owned and operated broadband networks to expand internet access across the country....
18:45, 2019-08-07

Investment Grade Bonds Keep Chugging Along - Which Is Important For Equities A quick update on the investment grade bond market, an explanation of recent weakness and why the strength in this market should continue to support large cap stocks....
20:00, 2019-05-21

Nike goes ahead with investment in new Arizona manufacturing plant Nike Inc said on Thursday it will open a manufacturing facility in Goodyear, Arizona, with a likely investment of at least $184 million, going ahead with the site after the state of Arizona last week withdrew an incentive package following the footwear maker's cancellation of a controversial sneake...
04:00, 2019-07-12

Netflix To Rethink Investment In US State If Abortion Law Is Implemented Netflix on Tuesday became the first major studio to say it would reconsider its investment in Georgia should a controversial abortion law in the US state, known as the Hollywood of the South, go into......
22:15, 2019-05-28

Union Budget Proposes To Make NRI Investment Much Easier Nirmala Sitharaman said that NRI investment in the country would be made much easier by merging NRI portfolio route with foreign portfolio investment....
11:45, 2019-07-05

Budget Proposes More Foreign Investment in Media, Aviation Union minister NIrmala Sitharaman today indicated the government is ready to relax the norms in Foreign Direct Investment or FDI in sensitive areas like aviation, insurance as well as the media in its......
11:45, 2019-07-05

Investment the key for future Dutch success, says World Cup coach The future of the Netherlands women's football team looks bright after the fast-improving 'Oranje' added a World Cup runners-up spot to their European title, according to their coach - as long as investment continues in the game....
04:00, 2019-07-08

Savings platform Raisin taps Goldman for top-up investment Raisin, a Berlin-based savings and investment marketplace, said it had tapped investment bank Goldman Sachs for top-up funding as it joins other European fintech players in targeting the U.S. market....
09:45, 2019-07-16

Fed's Conundrum: Can Lower Rates Combat Investment Chill One question now is how much a one quarter-point drop in borrowing costs will help businesses and cushion a slowdown driven by some factors outside the Fed’s control....
13:30, 2019-08-01

Mulberry swings to loss as UK and investment hit bottom line Mulberry, the luxury brand known for its leather handbags, swung into the red in its last financial year as tough UK trading and Asia investment combined to hit its bottom line....
11:30, 2019-06-19

Natural gas and oil industry is a solid, long-term investment Energy future will be defined by the relationship between fossil fuels and renewable power like wind and solar, says the American Petroleum Institute.        ...
03:00, 2019-05-23

CBOE Makes Majority Investment In Vest Financial CHICAGO and HOLLYWOOD, Fla., Jan. 25, 2016/ PRNewswire/-- CBOE Holdings, Inc. and The Vest Financial Group Inc. announced today at the Inside ETFs Conference that CBOE has made a majority equity investment in Vest, an investment advisor that provides options-centric products. Previous investors in V...
07:15, 2019-05-22

Woodford crisis scuppers £1bn investment trust merger The crisis surrounding Neil Woodford, the former 'star' fund manager who has blocked investors from offloading their holdings in his flagship fund, has put paid to a merger between two London-listed finance companies....
00:45, 2019-08-17

Chile to push both private and public investment in lithium Chilean Mining Minister Baldo Prokurica said on Tuesday the government of the South American mining powerhouse would favor neither private nor state investment as it seeks to ratchet up output of its world-leading reserves of ultralight battery metal lithium....
18:15, 2019-06-11

AIG profit beats on strong underwriting, investment income Insurer American International Group Inc beat Wall Street estimates for quarterly profit on Wednesday, boosted by improved underwriting in general insurance business and higher investment income, sending its shares up 3% in extended trading....
04:00, 2019-08-08

Microsoft’s M12 leads $25 million investment in API marketplace RapidAPI Microsoft's M12 has led a $25 million investment in RapidAPI, a public API marketplace that is launching a new service today for internal APIs.Read More...
16:30, 2019-06-11

Amazon's Deliveroo Investment Attracts U.K. Watchdog's Attention Britain’s competition regulator is reviewing Amazon’s investment in food-delivery startup Deliveroo, as global regulators scrutinize potential antitrust issues amid an expansion by Silicon Valley giants into more markets....
15:15, 2019-07-05

Amazon's investment in Deliveroo scrutinized by UK competition watchdog The U.K.'s competition authority issued an initial enforcement order Friday asking Amazon to pause its investment into food delivery start-up Deliveroo....
11:45, 2019-07-05

Indonesia president pledges more infrastructure, investment in second term Indonesia's recently re-elected President Joko Widodo on Sunday outlined his vision for a second term, pledging faster infrastructure development and more investment opportunities to create jobs and growth in Southeast Asia's biggest economy....
04:30, 2019-07-15

Government increases investment in UK electric battery centre A further £28 million will be invested in UK Battery Industralisation Centre near Coventry, as a step towards a British Gigafactory The Government will invest a further £28 million in the new UK Battery Industrialisation Centre, which will be tasked with developing “cutting-edge” electric vehicle b...
17:30, 2019-05-21

MNG Enterprises discloses 9.4% stake in New Media Investment Group MNG Enterprises disclosed a 9.4% stake in New Media Investment Group Inc on Friday, and said it may decide to vote against the company's proposed deal with Gannett Co....
16:45, 2019-08-09

UK tech firms secure record £5.5bn foreign investment Investors ploughed $6.7bn (£5.5bn) into the UK tech sector in the first seven months of the year, more than the whole of 2018, according to figures from the government's digital economy council....
11:30, 2019-08-21

49ers hope investment in line pays off for defense The San Francisco 49ers doubled down on their hefty investment in the defensive line this offseason in hopes it will raise the level of play of the entire unit        ...
01:15, 2019-05-30

Condé Nast’s ‘Farfetch-ed’ investment is a ‘terrific windfall’ Condé Nast seems to have walked away from its investment in Farfetch Ltd. with a nice payday and a rare win in the turbulent world of e-commerce. “It was the opposite of a fiasco,” said one source with knowledge of the Condé numbers. “It was a terrific windfall.” Farfetch, which as of Tuesday had a....
07:30, 2019-07-10

The AI community’s reaction to Microsoft’s $1BN ‘investment’ in OpenAI is priceless Microsoft recently announced plans to invest $1 billion in OpenAI, an AI startup co-founded by Elon Musk (no longer involved) and focused on developing human-level artificial intelligence. Normally, this would be an article about robots that can think and how two of the biggest players in the AI ind...
03:01, 2019-07-25

Decay and decline: Seaside towns desperate for investment A lack of investment, employment and "appalling" transport links are putting the UK's coastal towns at risk, according to the chair of a new parliamentary group tasked with helping seaside resorts....
13:00, 2019-08-12

Swede facing extradition to US over $11M Bitcoin investment scam A Swedish citizen has been charged with securities, wire fraud, and money laundering in a scheme that saw him encourage victims to invest using cryptocurrencies such as Bitcoin In a complaint submitted on March 4, 2019, and unsealed yesterday, Roger Nils-Jonas Karlsson and his company, Eastern Metal...
12:15, 2019-06-20

Israeli digital forensics firm Cellebrite gets $110 mln IGP investment Israel's Cellebrite, whose software can unlock and extract data from mobile devices and is used by law enforcement and government agencies as well as businesses, said on Monday it had received a $110 million investment from IGP Capital....
20:30, 2019-06-17

Why companies prepared for disruption may be the smartest investment bets An Accenture study shows 63% of companies face high levels of disruption in all industry sectors. To succeed, companies need to pivot to the future but not cast off their legacy businesses....
16:30, 2019-06-19

WA joins Aussie space efforts with AU$6m investment from Canberra Western Australia will play its part in developing the country's space industry through the launch of a robotics and artificial intelligence mission control facility aimed at advancing the remote operation of autonomous and robotic systems in space....
09:45, 2019-07-10

There's now a 60% chance of a hard Brexit, says chairman of UK investment firm Theresa May's replacement as U.K. prime minister will likely be stridently pro-Brexit, says Martin Gilbert, chairman of Aberdeen Standard Investments....
11:15, 2019-06-06

Deutsche Bank to axe investment bankers in up to $5.6 billion revamp Deutsche Bank is preparing to unveil a sweeping, multi-billion euro overhaul within days that would see the axe fall heaviest on investment bankers, sources familiar with the matter said on Wednesday....
19:15, 2019-07-03

'On Tap' Licensing For Small Finance Banks Under Study, Says RBI The Reserve Bank of India (RBI) on Thursday said it was considering 'on-tap' licensing facility for small finance banks and proposed to issue the draft guidelines by the end of August....
19:00, 2019-06-06

African Americans underserved by U.S. banks: study Many African Americans have difficulty accumulating savings in part because they lack access to mainstream financial services like banking, a new study on the contributing factors to the U.S. racial wealth gap by McKinsey & Co found on Tuesday....
07:30, 2019-08-13

SBI Says Monitoring Exposure To Shadow Banks "Very Closely" A series of defaults at lender Infrastructure Leasing and Financial Service Ltd last year raised concerns about the country's shadow banking industry...
19:00, 2019-06-06

The Fed’s plan to speed up payments despite banks’ resistance Most countries today settle and clear retail bank transfers within minutes if not seconds. In the US it takes days -- and the banks want it that way.Read More...
08:00, 2019-08-13

Khartoum banks shuttered on second day of opposition strikes Banks in the Sudanese capital Khartoum were closed on Wednesday on the second day of strikes organized by protest and opposition groups to pressure military rulers to cede power to civilians....
03:30, 2019-05-30

What’s Suspicious? Here’s How Banks Apply the Smell Test The phrase “if you see something, say something” isn’t just about packages left on the subway. Banks around the world have a similar duty. The first line of defense against money laundering and other financial crimes often boils down to the thousands of bank employees flagging transactions that some...
02:45, 2019-05-24

Foreign-Owned Banks’ Results Could Sweeten Further Under Tax Law Large U.S. financial institutions reaped a windfall from the 2017 Trump tax cuts. Now foreign banks are pushing for favorable treatment from Treasury....
15:30, 2019-07-19

Fed Wants to Teach Banks Through Stress Tests, Not Fail Them A top Federal Reserve official said his agency’s tests of whether big banks can withstand a future economic shock need to be more predictable and easier for firms to pass....
02:00, 2019-07-10

Banks Confront Fed on Faster Financial Payments Big banks are fighting a likely U.S. government effort to speed up how money moves through its payments system, arguing this could derail their private network....
13:15, 2019-08-04

Climate protesters arrested outside Swiss banks Environmental activists, seeking to pressure Swiss banks into halting the financing of fossil fuels, blocked entrances to Credit Suisse in Zurich and UBS in Basel on Monday before police intervened and arrested some protesters....
17:00, 2019-07-08

Mexico: Banks free Pemex from bondage HSBC, JPMorgan and Mizuho lend Mexico’s oil company $8 billion after investors show no interest in non-deal roadshow – and that’s the least of the firm’s problems....
22:45, 2019-05-23

Banks boost Wall Street with G20 in focus U.S. stocks rose on Friday, as big banks gained after clearing the Federal Reserve's stress test, while investors kept a watch on the G20 summit where a meeting between Presidents Donald Trump and Xi Jinping could lay the groundwork to resolve their trade dispute....
20:00, 2019-06-28

Big Bond Rally Boosts Italian Banks A large rally in Italian bonds is making winners out of the country’s banks, whose shaky finances have weighed on global markets in recent years. Shares of the two largest Italian lenders, UniCredit and Intesa Sanpaolo, have surged almost 7% since the end of last week....
14:30, 2019-07-05

Warren Buffett Is a Huge Backer of U.S. Banks Warren Buffett’s Berkshire Hathaway holds nearly $100 billion in financial-services stocks, underscoring the size of the billionaire investor’s ongoing bet on the future of the U.S. economy....
16:30, 2019-08-14

Koepka banks on caddie's local knowledge American Brooks Koepka believes he has a "big advantage" in this week's British Open in the form of his local-born caddie who grew up playing on Royal Portrush....
20:45, 2019-07-16

As Banks Report Earnings, Fed Looks to Take Away the Punch Bowl Big banks start reporting earnings Monday, and investors will be watching for signs of how much the Fed’s change in policy could hurt their business....
19:45, 2019-07-14

Slovenian banks Jan-May profit up 16.4%, bad loans fall Slovenian banks had a joint net profit of 268.3 million euros ($301.46 million)in the first five months of 2019 versus 230.5 million in the same period of last year, the Bank of Slovenia said in its monthly report on banks on Thursday....
11:15, 2019-07-18

The German Tax-Dodge Probe That’s Roiling Banks The investment seemed virtually risk-free, guaranteeing hefty returns after only a short season of trading. By exploiting how Germany once taxed dividend payments, dozens of bankers, brokers and lawyers helped investors snatch billions of euros from the national treasury. A decade later many of them...
14:15, 2019-06-28

Banks Can Now Use Aadhaar For Identity Verification With Consent The RBI specifies Know Your Customer (KYC) norms to be followed by banks and other entities regulated by it for various customer services, including opening of bank accounts...
21:00, 2019-05-29

Preserve your ammunition, BIS urges top central banks Bank for International Settlements (BIS) chief Agustin Carstens has urged top central banks to preserve their ammunition for more serious economic downturns rather than deplete it chasing higher growth....
13:00, 2019-06-30

RBI To Enhance Monitoring Of Shadow Banks: Shaktikanta Das The comment comes at a time when there are fears that India may be facing a major crisis in its shadow banking sector after shares of mortgage lender Dewan Housing Finance Corp Ltd (DHFL) plunged this......
13:45, 2019-06-09

How multilateral development banks moved to Asia The alphabet soup of multilaterals in the region has become hard to understand during the past decade, so Euromoney tries to read between the acronyms to assess what impact they will make....
17:15, 2019-05-21

'More transparency' needed on who banks are financing, says investor Eric Borremans of Pictet Asset Management discusses the investment strategy that takes into account environmental, social and corporate governance factors....
08:30, 2019-07-05

Top banks' commodities revenue up 6 pct in first quarter - report Commodities-related revenue at the 12 biggest investment banks was 6% higher in the first three months of this year than in the same period in 2018 thanks to increased earnings from oil, consultancy Coalition said on Thursday....
13:15, 2019-05-30

New North Korea sanctions would tell Chinese banks: It's us or them A new round of sanctions targeting North Korea would force Chinese banks to choose between doing business with the United States and doing business with North Korea....
16:30, 2019-06-28

Abbas: Palestine will not accept White House's investment plan Palestine's economy does need investment but "before anything, there must be a political solution," Palestinian Authority President Mahmoud Abbas said Sunday, dismissing the White House's $50 billion investment plan....
06:00, 2019-06-24

Making Chinese investment in African ports work despite risks Chinese involvement in sub-Saharan Africa's ports is substantial. The investments could become a risk if Beijing controls access, experts warn. Still African countries stand to benefit if they can mitigate the risks....
17:30, 2019-06-21

US Corporate Sector Welcomes Indian Budget, Says It'll Attract Investment The American corporate sector has hailed Finance Minister Nirmala Sitharaman's first union budget, noting that it is not only inclusive, but also attractive for foreign investments....
07:30, 2019-07-06

Capital One buys defense-industrial investment bank KippsDeSanto The financial services company announced Monday that it has acquired KippsDeSanto, a Virginia-based investment bank focused on the aerospace and defense markets, for an undisclosed sum....
21:30, 2019-08-19

Former Australian PM Turnbull hired as adviser by global investment firm KKR & Co. has appointed former Australian Prime Minister Malcolm Turnbull as a senior adviser. He is not the first Australian premier to take up such a role after leaving office....
18:15, 2019-05-31

Greek Conservatives take charge in landslide win, vow more investment, fewer taxes Greece's opposition conservatives returned to power with a landslide victory in snap elections on Sunday, and Prime Minister elect Kyriakos Mitsotakis said he had a clear mandate for change, pledging more investments and fewer taxes....
03:45, 2019-07-08

Fed's Barkin Warns of Business Investment Chill From Trade Uncertainty Uncertainty over trade policy could weaken business sentiment and chill investment, raising new risks for an otherwise stable U.S. economy, said Tom Barkin, president of the Federal Reserve Bank of Richmond....
17:01, 2019-07-01

Elizabeth Warren calls for $85 billion public broadband investment Democratic presidential candidate Elizabeth Warren unveiled a plan to invest $85 billion in publicly owned and operated broadband networks to expand internet access in the U.S., with a particular focus on underserved rural areas....
16:00, 2019-08-08

Factbox: U.S. plan for Palestinian economy envisions $50 billion investment White House senior adviser Jared Kushner is to formally unveil the first part of his Middle East peace plan during a Bahrain conference next week, outlining a path for development of the fragile economies of the Palestinian territories and three neighboring Arab countries....
16:30, 2019-06-22

Infineon expects to keep investment grade rating after Cypress deal Infineon Technologies expects to keep its investment grade credit rating after its 9 billion euro ($10 billion) agreed acquisition of U.S. Cypress Semiconductor, Chief Financial Officer Sven Schneider said on Monday....
14:30, 2019-06-03

UK government doubles investment in residential charging point scheme Additional £2.5 million will improve EV infrastructure to support owners in suburban areas The UK government has pledged an additional £2.5 million for local authorities to install electric car charging points in residential areas. The investment is expected to fund the installation of more than 10...
18:45, 2019-08-12

Exclusive: U.S. clears SoftBank's $2.25 billion investment in GM-backed Cruise Cruise, a U.S. self-driving vehicle company majority-owned by General Motors Co, told Reuters on Friday that a U.S. national security panel approved a $2.25 billion investment in the firm by Japan's SoftBank Corp....
06:30, 2019-07-06

Buyout firm Arcline Investment to buy Baker Hughes unit Arcline Investment Management, a U.S. private equity firm founded by former Golden Gate dealmaker Rajeev Amara, said on Thursday it would buy a unit of Baker Hughes, General Electric Co's oil-servicing subsidiary....
19:15, 2019-07-18

UPDATE 2-AIG profit beats on strong underwriting, investment income Insurer American International Group Inc beat Wall Street estimates for quarterly profit on Wednesday, boosted by improved underwriting in general insurance business and higher investment income, sending its shares up 3% in extended trading....
01:15, 2019-08-08

To Draw Investment to Country, Invest In Judiciary, Says Economic Survey The legal bottleneck in the country with its massive backlog of cases, is a key issue that is detracting from the ease of doing business and discouraging foreign investors from investing in India, the......
22:00, 2019-07-04

UPDATE 1-AIG profit beats on strong underwriting, investment income Insurer American International Group Inc beat Wall Street estimates for quarterly profit on Wednesday, boosted by improved underwriting in general insurance business and higher investment income, sending its shares up 2.7% in extended trading....
23:00, 2019-08-07

U.S. to boycott flagship Russian investment forum over detained investor U.S. Ambassador to Russia Jon Huntsman will boycott a flagship investor forum in St Petersburg this summer to protest against Moscow's prosecution of prominent U.S. investor Michael Calvey, a State Department spokeswoman said on Tuesday....
18:15, 2019-05-28

Illinois hangs on to low investment-grade credit rating from Moody's Illinois avoided deterioration in one of its low investment-grade credit ratings on Tuesday when Moody's Investors Service affirmed the state at Baa3 with a stable outlook, citing recent steps taken to shore up the state's shaky finances....
02:45, 2019-06-05

Indonesia needs $15 billion investment to meet geothermal target by 2025 Indonesia may require an estimated $15 billion in investment to meet its target of reaching 7.2 gigawatts (GW) of geothermal power capacity by 2025 and is studying ways to reduce project costs, an energy ministry official said on Tuesday....
19:30, 2019-08-13

Elizabeth Warren Calls for $85 Billion Investment in Public Broadband Democratic presidential candidate Elizabeth Warren is calling for an $85 billion investment in publicly owned and operated broadband networks to expand internet access across the country....
16:45, 2019-08-07

Volkswagen investment vaults Argo into top ranks of self-driving firms Volkswagen AG's $2.6-billion investment in Ford Motor Co's Argo AI self-driving unit, announced on Friday, immediately vaults the two-year-old Pittsburgh-based startup into the top ranks in the sector....
14:15, 2019-07-12

Toyota preps $398 million Texas investment for truck upgrades The investment in the plant, which builds Tacomas and Tundras, would boost its capabilities through the installation of additional robotics and other technologies....
00:45, 2019-07-12

Netflix to 'rethink' investment in Georgia if abortion law takes effect Netflix Inc said on Tuesday it would "rethink" its film and television production investment in Georgia if a new law severely restricting abortion in the state is implemented, but will continue to work there for now....
22:15, 2019-05-28

SoftBank's Son says Japan lacks investment opportunities, is AI 'developing country' SoftBank Group Corp founder and Chief Executive Masayoshi Son said on Thursday that there is a dearth of investment opportunities in Japan, which he said is lagging in the race to develop artificial intelligence (AI)....
08:15, 2019-07-18

Exclusive: U.S. panel clears SoftBank's $2.25 billion investment in GM's Cruise Cruise, a U.S. self-driving vehicle company majority-owned by General Motors Co, told Reuters on Friday that a U.S. national security panel approved a $2.25 billion investment in the firm by Japan's SoftBank Corp....
05:00, 2019-07-06

BlackRock infrastructure chief 'wary' of UK utilities investment risk The global head of infrastructure investing at BlackRock, the world's biggest asset manager, said he would be "very wary" of investing in UK utilities given the rising threat of nationalisation under a Labour government....
16:45, 2019-05-23

U.S. charges New York man who boasted of huge investment returns with fraud A New York man who boasted of generating returns of 362% in fewer than five years by day-trading Standard & Poor's 500 futures contracts was charged by U.S. authorities on Friday with defrauding investors out of more than $19 million and spending much of it on luxuries....
22:00, 2019-06-28

Cambodia to reduce public holidays to attract foreign investment Cambodia is reducing the number of public holidays on its calendar to meet national competitiveness goals and the demands of foreign investors, according to multiple press reports....
04:00, 2019-08-08

MercadoLibre preps to offer investment platform for e-wallet users MercadoLibre Inc, Latin America's top e-commerce platform, is taking its latest step into the world of banking, saying on Wednesday that it would start allowing Mexican users of its e-wallet to earn interest on money saved in its app by year-end....
01:30, 2019-07-18

Netflix might ‘rethink’ Georgia investment over anti-abortion bill Netflix has become the first major Hollywood studio to speak out on Georgia’s controversial anti-abortion bill, saying that if the law goes into effect the streaming giant will “rethink our entire investment” in the production-hub state. Ted Sarandos, Netflix’s chief content officer, said in a state...
00:30, 2019-05-29

Ofwat calls for £12 billion boost to water network investment Britain's water regulator on Thursday called for the country's utilities to invest the equivalent of 6 million pounds every day for the next five years in plans to reduce pollution and leakages in increasingly stressed UK infrastructure....
22:30, 2019-07-18

Jaguar Land Rover accelerates move to EVs with plant investment Jaguar Land Rover will start making a full-electric version of it’s flagship sedan, the XJ, as part of a multi-million-pound investment in electric vehicles at its Castle Bromwich plant in central England....
12:45, 2019-07-05

UK competition regulator puts brake on Amazon's Deliveroo investment Britain's competition regulator has stepped in to pause Amazon's investment in online food delivery group Deliveroo while it considers launching a full investigation....
11:45, 2019-07-05

How Cognizant's digital evolution was derailed by an activist investment firm By constricting Cognizant's growth-first strategy during a time of re-invention and acquisitions, critics say that activist firm Elliot Management undermined the firm's pioneering efforts in the digital space in order to make some quick cash....
07:15, 2019-05-28

North Korea has more than sanctions to overcome for foreign investment: report A historic visit by Chinese President Xi Jinping this week may have bolstered Kim Jong Un's hopes that economic relief may be coming soon, but a new report reveals North Korea's road to international investment may be blocked by more than sanctions....
13:00, 2019-06-21

World's best investment bank in the emerging markets 2019: BTG Pactual The firm has done well at home and in the region. Part of that is down to its ownership structure, and the rest is because growth is part of its DNA....
04:15, 2019-07-11

African American businesses grew 400% – but they still need investment | Gene Marks Minority-owned businesses received lower loan amounts and were forced to leverage their own cash, a survey found. Without capital, it’s tough to invest in the future 2018 was a great year for African American small businesses.According to a recent survey of more than 2,700 small businesses conducte...
17:30, 2019-05-21

Invesco makes two appointments to investment solutions team in London Investment manager Invesco Ltd on Monday appointed Ali Zouiten and Derek Steeden to two newly created roles in its Invesco Investment Solutions team in London....
17:45, 2019-07-31

Huawei outlines investment plans in Poland depending on 5G role Huawei aims to spend 3 billion zlotys ($793 million) in Poland in the next five years, although whether the Chinese firm has a role in the 5G rollout may affect the scale of investment, an official at the group's Polish unit said....
14:00, 2019-07-08

Toyota Seeks Tech Strength With Investment in Didi Chuxing Toyota will invest $600 million in Chinese ride-hailing company Didi Chuxing, in the Japanese auto maker’s latest push to expand its technology portfolio....
09:45, 2019-07-25

Alibaba reshuffles management, says CFO Wu to oversee strategic investment unit China's Alibaba Group Holding Ltd on Tuesday said its chief financial officer, Maggie Wu, will move to oversee the firm's strategic acquisitions and investments unit, as part of a business and management reshuffle at the e-commerce giant....
09:15, 2019-06-18

Better training ‘a necessary and strategic investment’ in peacekeeping that saves lives: Guterres Better training for peacekeepers being deployed to increasingly hostile environments is a “necessary and strategic” investment which can also save lives, the UN Secretary-General told Security Council members on Tuesday....
15:00, 2019-05-21

CBOE Launches Second Index Series That Targets Investment Outcomes CHICAGO, IL – July 6, 2016 – Chicago Board Options Exchange© (CBOE©) today announced it has created a series of 13 “Enhanced Growth Indexes,” the second in a family of options-based strategy performance benchmarks designed to target the outcomes of specific investment strategies....
07:15, 2019-05-22

Alibaba puts CFO in charge of investment in major management reshuffle China's Alibaba Group Holding Ltd on Tuesday unveiled its most significant business reshuffle since co-founder Jack Ma announced his pending retirement, as the e-commerce firm looks to bolster its investment focus in the face of slowing growth....
14:30, 2019-06-18

EU issues 'green' investment guide to help combat climate change The European Commission sought to boost the flow of private money to tackle climate change on Tuesday by publishing guidelines on what qualifies as environmentally friendly investment, in a move welcomed by the financial industry....
20:30, 2019-06-18

Cboe Welcomes New Issuer James Investment Research to ETF Marketplace CHICAGO – December 20, 2017 – Cboe Global Markets, Inc. (Cboe: CBOE | Nasdaq: CBOE), one of the world’s largest exchange holding companies, today welcomed new issuer James Investment Research, Inc. to the Cboe ETF Marketplace with the launch of one fund....
02:30, 2019-05-22

BNP Paribas' second-quarter profits buoyed by corporate and investment banking arm BNP Paribas on Wednesday reported a net income of 2.47 billion euros ($2.76 billion) for the second quarter of the year, beating the 2.18 billion euros expected by analysts polled by Reuters....
20:45, 2019-07-31

Chicago investment firm takes majority stake in Whataburger SAN ANTONIO (AP) — An investment firm has purchased a majority stake in Whataburger as the Texas-based fast-food company seeks to expand in an increasingly competitive market. Whataburger announced Friday that the purchase by Chicago-based BDT Capital Partners should be finalized by the end of the s...
22:30, 2019-06-14

Annuities are confusing. Understanding the jargon may help you reach investment goals Surrender periods and benefit riders can be confusing. But, shying away from shiny sign-on bonuses can make choosing the right financial plan easier.       ...
14:30, 2019-06-14

New Power Projects May Get Investment-Linked Deductions In Budget: Report The power sector, which got a 10-year tax holiday till March 31, 2017, under the provision of an earlier Section 80-IA (profit linked incentive), was not included under the investment-linked tax......
12:00, 2019-06-17

Cboe Marks Third Anniversary of Target Outcome Investment Benchmarks McLean, Virginia -- April 29, 2019 – Cboe Global Markets (Cboe: CBOE) and Cboe Vest Financial, an investment manager that focuses on targeted investment strategies, recently celebrated the third anniversary of the launch of Cboe’s Target Outcome benchmark indexes. The fast-growing Target Outcome inv...
22:45, 2019-05-21

Banks shuttered as Sudan opposition stages second day of strikes Banks in the Sudanese capital Khartoum came to a virtual standstill on Wednesday as protest and opposition groups organized a second day of strikes to pressure military rulers to cede power to civilians....
17:30, 2019-05-29

Man sought after allegedly robbing multiple Tucson banks TUCSON – A man is wanted in connection to multiple bank robberies across the Old Pueblo, Tucson Police Department reported Wednesday morning. TPD said the most recent bank robbery occurred on June 28 at the Bank of The West at 3175 N. Swan Rd. near Fort Lowell Road. According to TPD, the suspe...
21:15, 2019-07-03

Central banks will want oversight of Facebook's Libra - BoE's Carney Major central banks and regulators will want oversight of Facebook's proposed new currency and payment system, Libra, to ensure it is safe and does not allow money laundering or finance terrorism, Bank of England Governor Mark Carney said....
11:00, 2019-06-21

Fintech start-ups are now more ready to work with banks, says ANZ exec Sreeram Iyer, chief operating officer for institutional business at ANZ, said "it was quite hard to find adequately mature fintechs" a few years ago....
21:45, 2019-06-27

Armed robber holds up two banks with a ripe avocado Holy guacamole, this guy’s got stones. A 47-year-old man in from Beersheba, the largest city in Israel’s Negev desert, has been arrested for aggravated robbery after stealing nearly 30,000 Israeli shekels (about $8,300 US) from two banks in the region. His weapon of choice? An avocado. T...
19:00, 2019-06-10

"Ask Your Banks...": Vijay Mallya On Being Trolled Over Chris Gayle Pic Businessman Vijay Mallya, who is facing extradition to India over charges of fraud and money laundering amounting to Rs. 9,000 crore, was subjected to heavy trolling on Saturday after West Indies......
15:00, 2019-07-14

UK's interfaith food banks are filling welfare gaps As poverty levels in the UK increase many of those affected are turning to food banks run by churches and mosques to get by. Damaging welfare cuts by the government are exacerbating an already dire situation....
20:00, 2019-06-29

ATM Charges Levied By Banks For Making Cash Transactions The ATM charges apply depending on the type - whether it belongs to the same bank where the customer's account is located or some other bank - and nature of ATM - whether the ATM is located in a......
13:15, 2019-08-10

Nicaragua warns banks of sanctions if they join strike Nicaragua's finance minister warned banks Wednesday that the government will sanction those that participate in a general strike scheduled for Thursday to pressure for the freeing of political prisoners....
08:15, 2019-05-23

Want To Open A Zero Balance Savings Account? Here's What Top Banks Offer Major commercial banks such as public sector lender State Bank of India (SBI) and its private sector peer HDFC Bank offer zero balance accounts such as BSBD accounts....
13:30, 2019-08-11

Foreign funds loosen bearish bet on big Italian banks Funds that built big short positions in Italy's leading banks from early 2018 have lowered the size of their bets in the last few months as political worries eased, regulatory data shows....
03:45, 2019-05-23

Expected Volcker Rule Update a Win for Large Banks An update of the Volcker rule expected next week will deliver a victory to large banks that have fought regulators’ efforts to clarify trading definitions, said people familiar with the matter....
22:00, 2019-08-17

Markets Right Now: Banks lead midday gains for US stocks NEW YORK (AP) — The latest on developments in financial markets (all times local): 11:45 a.m. Banks are leading stocks higher in midday trading on Wall Street after the Federal Reserve gave many of them permission to raise their dividends and buy back more stock. JPMorgan Chase and Bank of America e...
18:30, 2019-06-28

U.S. banks play cat-and-mouse game with Fed on capital returns An annual stress test of banks introduced by U.S. regulators after the 2007-09 financial crisis to prevent taxpayer bailouts has become a fight over how quickly lenders can return capital to shareholders....
22:00, 2019-06-28

Germany planning to set 0.25% countercyclical capital buffer for banks Germany's Financial Stability Board suggested the introduction of a countercyclical capital buffer of 0.25% for banks to ensure lending should there be a sustained downturn in Europe's largest economy, the Finance Ministry said on Monday....
16:45, 2019-05-27

NFL writer Don Banks dies at 57 after covering hall ceremony Don Banks, a longtime NFL writer who worked at Sports Illustrated for 16 years, has died after covering the Pro Football Hall of Fame inductions in Canton, Ohio. He was 57....
12:15, 2019-08-06

Sperm banks: is there a dark side to their rising popularity? A growing number of women in the capital are turning to sperm banks to fulfil their dream of having a baby. But with a burgeoning black market, is there a darker side to sperm donation? Sophia Money-Coutts investigates...
08:15, 2019-08-15

These are the top 15 US banks ranked by the mobile banking features consumers value most This is a preview of a research report from Business Insider Intelligence, Business Insider's premium research service. This report is exclusively available to enterprise subscribers. To learn more about getting access to this report, email Senior Account Executive Chris Roth at croth@businessinside...
02:30, 2019-08-14

Top Australian banks join IBM, Scentre in blockchain project Australia's top three banks said on Thursday they have agreed to partner with IBM and shopping mall owner Scentre Group to test blockchain technology to digitize bank guarantees....
03:15, 2019-07-04

Facebook's Libra Could Give Dollar, Banks Some Welcome Competition Facebook’s new digital currency has the potential to become a true alternative to national currencies by creating a de facto central bank, which other fin-tech startups and cryptocurrencies have failed to do....
21:00, 2019-06-27

RBI Closely Monitoring 50 Shadow Banks For Signs Of Contagion In its latest Financial Stability Report, the Reserve Bank of India warned that any failure among the largest of the non-bank finance companies or housing finance firms could cause losses comparable......
07:30, 2019-07-22

BoE: UK banks can withstand Brexit and trade war double-whammy Britain's financial system is strong enough to cope with the shock of a trade war-driven global slowdown even if it coincides with a "disorderly" Brexit, the Bank of England has said....
14:45, 2019-07-11

Dollars in the detail: banks pan for gold in 'data lakes' From sending special offers on restaurants to burger-loving current account holders to selling anonymized credit card records, banks are racing to monetize the huge troves of data they hold....
13:00, 2019-06-21

The best power banks of 2019: portable chargers to keep your gadgets going Power banks are one of the ultimate accessories for the modern gadget lover to have stowed away at the bottom of their bag. Whether it's to recharge your phone, laptop, Nintendo Switch or any other piece of tech you take around with you, a power bank can ensure you're not left without...
15:45, 2019-05-28

Big Banks' Trading Desks Suffer Despite Market Rally Three big U.S. banks say their trading revenue was on track to fall roughly 5% in the second quarter from a year earlier despite a rebound in stocks in 2019....
18:30, 2019-06-28

Here's A Comparison Of Monthly Average Balance Requirements In Top Banks Banks such as State Bank of India (SBI), HDFC and ICICI Bank charge a penalty from the customers failing to maintain the required monthly average balance in their savings accounts....
06:30, 2019-08-14

San Francisco Fed Wants to Reward Banks for Climate-Change Loans The Federal Reserve Bank of San Francisco says banks can get extra credit for making loans that help communities adapt to climate change and prepare for future natural disasters....
22:15, 2019-06-17

Activists urge banks not to finance Ugandan oil pipeline A group of 30 international and local campaign groups have petitioned two banks to abandon plans to raise funds to build an oil pipeline to export Ugandan oil, saying the project would damage local livelihoods, water resources and wildlife....
15:15, 2019-06-07

Shares in big banks climb as Fed approves capital plans Shares in the S&P 500 bank index rose 2.6% on Friday after the U.S. Federal Reserve approved the capital plans of the biggest U.S. banks, giving them a clean bill of health....
20:00, 2019-06-28

California Senate OKs Special Banks for Marijuana Retailers SACRAMENTO, CA – The California Senate has voted to allow special banks to handle money from legal marijuana retailers. Recreational marijuana use has been legal in California since January 2018 but is still illegal under federal law. That means licensed marijuana retailers cannot use traditio...
23:30, 2019-05-21

EU banks worry about dividends as capital demands jump Major European Union banks face a collective shortfall of 135 billion euros ($153 billion) to meet global capital requirements by 2027, meaning they may need use profits to raise their capital by at least 24.4%, the European Banking Authority said....
09:15, 2019-07-03

Banks scramble to re-pitch for Aramco IPO roles: sources Investment banks are scrambling to re-pitch to advise Saudi Aramco on a possible initial public offering, sources familiar with the matter said, with Saudi Arabia's energy minister confirming plans for the listing to proceed in 2020 or 2021....
17:01, 2019-07-02

Mexico's Leftist President Emerges as Unlikely Friend to Big Banks Andrés Manuel López Obrador believes a greater reliance on banks will lead to a reduction in Mexicans’ dependence on untraceable cash transactions, while expanded access to the financial system could give poorer Mexicans a boost by bringing more workers into the formal economy....
10:30, 2019-05-22

Charges Levied By Top Banks In Case Of A 'Cheque Bounce' Cheque bounce is a 'dishonour of cheque' that happens when the account holder has non-sufficient funds (NSF) in the bank account or if the signatures on the cheque do not match with the original......
16:00, 2019-06-01

World's central banks to tackle technology with BIS innovation hub Central banks grappling with fast-changing financial technology and companies like Facebook moving into finance will aim to work together more closely through an innovation hub approved on Sunday by the Bank for International Settlements....
18:15, 2019-06-30

World's central banks tackle technology with innovation hub Central banks grappling with fast-changing financial technology and companies like Facebook moving into finance will aim to work together more closely through an innovation hub approved on Sunday by the Bank for International Settlements....
13:30, 2019-06-30

Big Banks Ace First Round of Federal Reserve's 'Stress Tests' The biggest banks in the U.S. have enough reserves to continue lending in a severe economic downturn, the Federal Reserve said in its annual review of large financial firms....
00:00, 2019-06-22

Dow drops more than 70 points as banks fall, S&P 500 retreats from record Stocks fell on Tuesday, led lower by bank shares, after the U.S. threatened a new wave of tariffs on European goods, dampening recent optimism surrounding the Washington-Beijing trade truce....
19:45, 2019-07-02

U.S. banks limp away from hopes of interest margin expansion Big U.S. banks are under pressure again, as policymakers around the globe have dashed any hopes that the industry might finally be able to earn more money on loans, after more than a decade of......
03:15, 2019-08-08

Emerging Market Central Banks Keep Cutting Rates Then, interest rate hikes by emerging market central banks outstripped or matched cuts for nine straight months as they battled the fallout from a strong dollar, rising inflation and softer......
12:15, 2019-07-02

Why India’s Troubled Shadow Banks Spook the Market India’s $42 billion shadow-banking system has been creaking since one of the country’s biggest infrastructure lenders unexpectedly halted debt repayments in 2018. Investor nerves were rattled again in June when a major mortgage lender delayed bond interest payments, indicating credit markets remain ...
09:45, 2019-07-02

Things Can Get Worse for Japan's Struggling Regional Banks Ultralow interest rates are making it a miserable year for Japanese banks, with many stocks hitting historic lows. The bad news is that things can still get worse....
01:30, 2019-08-20

Google Pay inches closer to US ubiquity with support for 32 new banks Formed in 2018 by combining Google Wallet and the 2015-released Android Pay platform, Google Pay is probably not as widely used in the US as arch-rival Apple Pay, but it's certainly supported on a similarly large scale. The official list of participating banks is simply staggering, but even though t...
20:15, 2019-05-22

Government Should Focus On Agriculture, Shadow Banks, Says SBI Research In its research report, SBI's Economic Research Department said that ideally government should keep the fiscal deficit numbers constant for the next two years...
15:30, 2019-07-02

Uber, a machine for using investment money to artificially subsidize car rides, lost more than $5 bi Uber, a machine for using investment money to artificially subsidize car rides, lost more than $5 billion last quarter. Heh. It’s gonna crash and burn before it destroys public transportation after all! Calling it now. Invest in buses....
19:15, 2019-08-09

Pakistan PM to meet Trump hoping to mend fences, attract investment Pakistani Prime Minister Imran Khan travels to the United States on Sunday hoping the arrest of a militant leader with a $10 million U.S. bounty on his head and progress in Afghan peace talks will help secure a favorable reception....
11:15, 2019-07-19

London retains strong lead in tech investment -Mayor's agency London-based technology companies attracted a record 2.56 billion pounds ($3.26 billion) in venture capital in the first six months of 2019, more than twice as much as those in Berlin, the Mayor of London's investment agency said on Monday....
04:15, 2019-06-10

Trump urges greater Japanese investment in U.S. during state visit to Tokyo Trump also promoted the U.S. under his leadership, saying “there’s never been a better time” to invest or do business in America, and he urged corporate leaders to come....
20:30, 2019-05-25

London retains strong lead in tech investment: Mayor's agency London-based technology companies attracted a record 2.56 billion pounds ($3.26 billion) in venture capital in the first six months of 2019, more than twice as much as those in Berlin, the Mayor of London's investment agency said on Monday....
04:45, 2019-06-10

Gold miners must focus on returns, mergers to attract investment: Barrick CEO Gold miners must focus on maximizing returns and more mergers to attract investors seeking to diversify after years of under-investing in mines, Barrick Gold's chief executive said on Wednesday....
20:30, 2019-05-22

Industry Body To Support Investment In Jammu And Kashmir: Uday Kotak The centre recently removed special status to Jammu and Kashmir under Article 370 and has carved out two Union Territories (UTs) - Jammu and Kashmir, and Ladakh....
13:15, 2019-08-09

Gold miners must focus on returns, mergers to attract investment -Barrick CEO Gold miners must focus on maximising returns and more mergers to attract investors seeking to diversify after years of under-investing in mines, Barrick Gold's chief executive said on Wednesday....
18:30, 2019-05-22

Ather Energy Secures New Investment Of $51 Million In Latest Round Of Funding Indian electric scooter start-up Ather Energy has raised an investment of $51 million in its latest round of funding. The new investment was led by Sachin Bansal's $32 million, and his second with the......
15:30, 2019-05-28

Investment watchdog working to protect elderly Canadians from financial exploitation The Canadian Association for Retired Persons that about one-in-five older Canadians are subject to elder financial abuse and notes that dementia may also reduce the abilities of people as they age....
21:00, 2019-06-30

UPDATE 1-Netflix to 'rethink' investment in Georgia if abortion law takes effect Netflix Inc said on Tuesday it would "rethink" its film and television production investment in Georgia if a new law severely restricting abortion in the state is implemented, but the streaming service will continue to work there for now....
03:45, 2019-05-29

AR/VR early stage valuations soften, leading to investment and acquisition opportunities If the market begins to take off in late 2020 -- potentially driven by Apple, Facebook and others -- early stage deal makers could reap the rewards.Read More...
04:45, 2019-07-17

Coinbase quietly kills its loss-making cryptocurrency investment packages Further to shutting down its cryptocurrency index fund, Coinbase has seemingly closed its “Bundle” now too. According to an update on its FAQ page, spotted by The Block, Coinbase Bundles “have been deprecated,” with all assets in the bundle being “redistributed to their respective individual asset w...
10:30, 2019-07-19

An Investment Plan That Lowers Market Risk And Doesn't Pinch Your Pocket Mutual fund SIP: An SIP allows investor to contribute regularly to the selected mutual fund scheme based on one's financial goal, time horizon and risk profile....
19:15, 2019-06-21

Biden unveils climate plan, raising corporate taxes to pay for investment Former Vice President Joe Biden released a plan on Tuesday to address climate change that included reversing Trump administration corporate tax cuts to help fund investment needed to achieve 100% clean energy and net-zero emissions by 2050....
16:45, 2019-06-04

Biggest Foreign Investment In Reliance History: Mukesh Ambani On New Deal Reliance Industries Ltd is set to sell a 20 per cent stake in its oil to chemicals business to Saudi Aramco in one of the largest ever foreign investments in the country, Reliance Chairman Mukesh......
12:00, 2019-08-12

Investment Of Rs 50 Lakh Crore Planned For Railways By 2030: Piyush Goyal Union Railways Minister Piyush Goyal Saturday said the government was eyeing investment of Rs 50 lakh crore in railways by the year 2030 to make it the best in the world....
10:30, 2019-07-07

No-deal Brexit could end Japan investment boom, envoy tells UK PM rivals Japan on Thursday cautioned the two candidates vying to replace Prime Minister Theresa May that a no-deal Brexit would be so disruptive for many companies that Japanese capital's 35-year bet on Britain could end....
02:45, 2019-06-28

Trump Middle East Peace Plan Calls for $50 Billion in Investment The Trump administration’s Middle East peace plan would marshal $50 billion in investments over 10 years for the Palestinian territories and some neighbors. The blueprint makes no mention of some of the most difficult issues of the conflict....
14:30, 2019-06-23

Asian renewable investment to overtake upstream oil and gas spending in 2020: Rystad Renewable energy investment in the Asia-Pacific region will overtake spending on oil and gas exploration by 2020, consultancy Rystad Energy said on Monday....
10:15, 2019-05-28

Trump urges greater Japanese investment in U.S., criticizes trade advantage U.S. President Donald Trump urged Japanese business leaders on Saturday to increase their investment in the United States while he chided Japan for having a "substantial edge" on trade that negotiators were trying to even out in a bilateral deal....
19:45, 2019-05-25

Japan Display to Receive $100 Million Investment as Part of Bailout Deal Japan Display is facing a funding crunch due to Apple's recent shift away from liquid-crystal displays (LCDs) and disappointing sales of the iPhone XR....
18:15, 2019-06-29

Arsenal fans tell Stan Kroenke club ‘feels like an investment vehicle’ • Fourteen supporter groups unite to express dismay at owner• Fans want problem of ‘soulless’ Emirates Stadium to be tackledSupporter groups have united to express their dismay at the way Stan Kroenke is running Arsenal and urged the American owner to make “new and dynamic appointments” to reinvigor...
16:45, 2019-07-15

New federal tax rules create advantage for real estate investment trusts As Generation X and millennials inherit their baby boomer parents' assets amid the so-called Great Wealth Transfer, some will look to invest it in rental property to generate income....
15:45, 2019-06-18

Mexico says North American trade deal could double investment in 2019 Mexico's Foreign Minister Marcelo Ebrard said on Thursday that ratification of a new North American trade deal could double foreign investment in the country in 2019, as uncertainty would be reduced....
07:45, 2019-05-31

CBOE Introduces First in Series of Indexes Designed to Target Investment Outcomes CHICAGO, IL -- April 13, 2016 -- Chicago Board Options Exchange® (CBOE®) today announced it has created a series of 13 “Buffer Protect Indexes,” the first in a family of options-based strategy performance benchmarks that are designed to target the outcomes of specific investment strategies....
07:15, 2019-05-22

Strong consumer spending vs. weak business investment: What really matters for the US economy U.S. consumer spending, the biggest part of the economy, saved the day for the record-long expansion, but a big decline in business investments raised concerns about how much longer it can last....
21:15, 2019-07-31

NITI Aayog To Submit Action Plan To New Government On Private Investment NITI Aayog is working on the economic agenda for the new government where the focus will be on achieving long term sustainable growth and boosting private investments in the country, the think tank's......
21:45, 2019-05-22

Centre Suggests Easing Foreign Investment Norms For Media, Aviation The government today proposed relaxation in Foreign Direct Investment (FDI) norms for sectors such as media, aviation, insurance, and single brand retail....
11:45, 2019-07-05

Questions remain over $100 million Federal investment in Boat Harbour Project Environmentalists, First Nations and other concerned parties saw the influx as a smart move, one that would certainly help the cleanup project at the Nova Scotia effluent treatment facility....
01:45, 2019-05-25

Investment managers don’t understand how to rate funds managed by black people Enlarge (credit: Govt. of Alberta / Flickr) Science has struggled to increase the diversity of the research community, trying to ensure that everyone has an equal opportunity to contribute to humanity's advances. But science's struggles are nothing compared to those of the financial industry, wher...
19:30, 2019-08-14

Ban government investment in fossil fuels, urges cross-party group of MPs UK aid projects ‘actively undermine’ efforts to tackle climate crisis, MPs and campaign groups warnA cross-party group of MPs, backed by campaign groups, has called for an immediate ban on all investment in fossil fuels and for all UK aid to be “nature positive”.The 28 MPs, led by Tory Zac Goldsmith...
11:15, 2019-07-09

Big Banks vs. Big Tech: Are internet giants poised to take over the financial system? The IMF report outlines three potential scenarios for the relationship between big tech and commercial banks; coexistence, complimentary and takeover....
13:45, 2019-07-22

Saudi Aramco asks banks to pitch for roles in IPO: sources Saudi Aramco has formally asked major banks to submit proposals for potential roles in its planned initial public offering, two sources said, in what could be the world's biggest IPO....
03:00, 2019-08-20

Government Needs To Encourage Banks To Lend To Realty Developers: Experts Experts say growth in the real estate sector seems stagnant and immediate solutions are not expected, however the government is urged to take steps to boost liquidity....
13:01, 2019-06-19

Therapy in the office: banks take mental health fight in-house In 'Billions', a U.S. television show set in the world of hedge funds, traders at the fictional Axe Capital regularly attend sessions with an in-house psychiatrist....
19:45, 2019-06-03

Global stocks, yields steady with focus on Fed, central banks A gauge of global stock markets edged higher on Monday to build on monthly gains and benchmark government bond yields hovered near multi-year lows as investors girded for developments later in the week from central banks in the United States and elsewhere....
19:15, 2019-06-17

Exclusive: Banks face new challenges in Italian diamond scandal A long-running criminal probe into diamond sales by Italian banks has uncovered what prosecutors say is further evidence of corruption by officials at UniCredit, Italy’s largest lender, and smaller rival Banco BPM....
12:00, 2019-06-17

Flooding in Arkansas, Oklahoma pushes river past its banks After days of storms in the midwest, the Arkansas River reached 45.86 feet, just under the 1943 record of 48.3 feet.        ...
22:30, 2019-05-27

U.S. Midwest farm economy hit hard by record floods - Fed banks U.S. farm incomes in the Midwest and Mid-Southern states declined yet again in the second quarter of 2019, as record floods devastated a wide swath of the Farm Belt, according to banker surveys released on Thursday by the Federal Reserve Banks of St. Louis and Kansas City....
00:00, 2019-08-09

With Defaults and Failures at India's Shadow Banks, 'Confidence Is Shaking' A pair of defaults and failures by nonbank lenders in India has cut down on consumer and business credit, weighing on the country’s economic growth and prompting calls for tighter regulation....
13:45, 2019-07-04

U.S. Midwest farm economy hit hard by record floods: Fed banks U.S. farm incomes in the Midwest and Mid-Southern states declined yet again in the second quarter of 2019, as record floods devastated a wide swath of the Farm Belt, according to banker surveys released on Thursday by the Federal Reserve Banks of St. Louis and Kansas City....
04:00, 2019-08-09

Marijuana retailers ask Congress for financial reform, access to banks Owners of cannabis companies told a Senate committee Tuesday that they are forced by federal law to operate as cash-only businesses, making it difficult to pay taxes and creating safety concerns....
22:45, 2019-07-23

How banks are helping you budget and track your money to avoid overspending Mom can't always be there to tell you when to stop spending. But Huntington Bank and others are promoting new tracking tools to keep resolutions.        ...
20:45, 2019-05-21

Big banks beat profit expectations but warning signs grow Three big U.S. banks reported strong earnings on Tuesday even as warning signs emerged that the playing field is beginning to tilt against the financial industry....
18:45, 2019-07-16

RBI Moves Unlikely To Ease Pain For Struggling Shadow Banks: Experts NBFC's have been battling a credit crunch since IL&FS, or Infrastructure Leasing & Financial Services, collapsed in late 2018 amid fraud allegations....
05:30, 2019-08-08

Banks to Use Bitcoin-Like Token to Settle Cross-Border Trades A group of financial firms led by UBS plans to start using a bitcoin-like token to settle cross-border trades, one of the biggest developments yet in the effort to make use of nascent blockchain technology....
14:30, 2019-06-03

Check Out Latest Fixed Deposit (FD) Interest Rates Of Key Banks Leading banks like State Bank of India (SBI), HDFC Bank, ICICI Bank, among others offer the facility of opening a fixed deposit. These days FDs can also be created online. The interest rates on FDs......
12:30, 2019-05-25

CVC Awaits Sanction To Prosecute 123 Corrupt Govt Staff; 45 From Banks The Central Vigilance Commission (CVC) is awaiting sanction from different organisations to prosecute 123 government employees, including IAS officers and those working in central probe agencies like......
16:15, 2019-06-10

Wall Street banks bailing on troubled U.S. farm sector In the wake of the U.S. housing meltdown of the late 2000s, JPMorgan Chase & Co hunted for new ways to expand its loan business beyond the troubled mortgage sector....
18:45, 2019-07-11

UPDATE 2-Nigeria orders banks to lend or face sanctions Nigeria's central bank will try to force banks to lend more or face higher cash reserve requirements, part of a series of measures aimed at reviving an economy stuck with low growth....
17:00, 2019-07-05

Bundesbank's Weidmann says 'virtual' coins could undermine banks if used widely Virtual tokens pegged to official currencies, known as stablecoins, could undermine banks if they became widely used, the head of Germany’s central bank said on Friday....
14:45, 2019-06-21

REFILE-U.S. banks play cat-and-mouse game with Fed on capital returns An annual stress test of banks introduced by U.S. regulators after the 2007-09 financial crisis to prevent taxpayer bailouts has become a fight over how quickly lenders can return capital to shareholders....
03:15, 2019-06-29

UPDATE 1-World's central banks tackle technology with innovation hub Central banks grappling with fast-changing financial technology and companies like Facebook moving into finance will aim to work together more closely through an innovation hub approved on Sunday by the Bank for International Settlements....
18:15, 2019-06-30

Virtual banks could be bad news for small lenders in Singapore, Moody's says Ratings agency Moody's said in a note that Singapore's decision to issue new digital bank licenses to non-banks will increase competition in the sector....
09:15, 2019-07-03

Asia trades lower as markets look to central banks for guidance Federal Reserve Chairman Jerome Powell is set to deliver his annual speech on Friday at the Jackson Hole, Wyoming symposium, where he's expected to provide more clarity on the Fed's future intentions....
17:45, 2019-08-21

Swiss regulator fines four banks for fixing forex trading Four British and U.S. banks have been fined 90 million Swiss francs ($90.53 million) for rigging the foreign exchange market, Switzerland's competition authority said on Thursday....
09:00, 2019-06-06

Best portable laptop battery chargers and power banks in 2019 On this page you'll find the best portable laptop battery chargers and power banks – and each one we feature here will allow you to quickly and easily charge your laptop while on the go.There's little worse than being away from a plug socket and finding that your laptop is rapidly r...
12:45, 2019-06-29

Dubai's GEMS to meet banks for $1.65 bln refinancing - LPC news service Dubai-based GEMS Education is meeting banks in London and New York this week to discuss refinancing worth $1.65 billion, according to LPC, a fixed income news service that is part of Refinitiv....
13:30, 2019-07-14

RPT-Mexican banks report failures in processing card payments Several of Mexico's largest banks reported on Saturday that they were experiencing problems processing debit and credit card payments while some shops in the capital informed customers that they would only accept cash payments....
09:30, 2019-08-11

Chemical deals lift European shares, banks weigh European shares rose on Wednesday after three sessions of losses as deal-making activity in the chemical sector helped offset pale earnings from banks in the region, with U.S.-China trade worries lingering....
12:30, 2019-08-07

EU gives Nigel Farage 24 hours to explain Arron Banks funds European parliament summons Brexit party leader over failure to declare expensesNigel Farage has been given 24 hours by the European parliament to explain in person his failure to declare lavish expenses funded by Arron Banks, an insurance tycoon under investigation by the UK’s National Crime Agency...
01:15, 2019-06-05

Banks Shrug Off Recent Oil-Price Drop to Predict Gains Investment banks in May largely stuck to their forecasts that oil prices will rise in 2019’s final two quarters, predicting that supply risks will make up for sharp selloffs in recent weeks....
11:45, 2019-06-05

Bangladesh rivers break their banks, forcing 400,000 to flee homes Rain-swollen rivers in Bangladesh broke through at least four embankments, submerging dozens of villages and doubling the number of people fleeing their homes overnight to 400,000 in one of the worst floods in recent years, officials said on Friday....
16:00, 2019-07-19

UPDATE 1-Smart & Final changes on US$340m loan could mean losses for banks NEW YORK, June 18 (LPC) - A US$340m term loan backing Apollo Global Management’s purchase of supermarket chain Smart & Final priced on Tuesday morning but not before lead banks added a series of changes to the loan after failing to attract enough investors under the original terms, sources said....
23:00, 2019-06-18

Huawei CEO says banks knew about the company's allegedly criminal activities In an interview with CNBC, Huawei's CEO said the banks at the center of the controversy surrounding his company's activities knew what was happening...
22:45, 2019-06-19

Mexican banks report failures in processing card payments Several of Mexico's largest banks reported on Saturday that they were experiencing problems processing debit and credit card payments while some shops in the capital informed customers that they would only accept cash payments....
09:30, 2019-08-11

Fixed Deposit Interest Rates: Here's What Post Office And Banks Pay Fixed deposit accounts can be created by visiting a bank branch or even online. These days, most banks offer the facility of opening fixed deposits online....
20:15, 2019-06-15

Cash for trash: Indonesia village banks on waste recycling Indonesia's crackdown on imported foreign waste has upset the village of Bangun, where residents say they earn more money sorting through piles of garbage than growing rice in once-lush paddy fields....
19:45, 2019-08-16

Singapore to allow virtual banks as part of move to open up market Singapore's central bank plans to issue up to five digital bank licenses to suitable applicants, in a move that could deliver the biggest shake-up in two decades in a market dominated by local banks....
17:45, 2019-06-28

RBI Holds Meeting Over Coin-Storage Crisis Of Banks In Shirdi The Reserve Bank of India has instructed nationalised banks to continue to accept coins deposited by the Saibaba temple at Shirdi in Maharashtra, the temple's managing body said Wednesday....
07:45, 2019-06-20

EU to investigate Nigel Farage over expenses funded by Arron Banks Move follows revelations MEP failed to declare lavish funding from year of the EU referendum The European parliament is to investigate Nigel Farage for failing to declare lavish expenses funded by Arron Banks.The European parliament president, Antonio Tajani, “today refers the Farage issue to an adv...
17:15, 2019-05-21

Central banks in Asia are cutting rates to prop up their economies — but that may not be enough "I think (rate cuts) will help, but whether they're going to be sufficient to counter the negative trade pressures and global growth slowdown and impact is debatable," one strategist told CNBC....
14:30, 2019-08-21

New York Subpoenas Banks and Financial Advisers for Sackler Records The state claims that the Purdue Pharma owners transferred billions of dollars from the company and hid them in offshore partnerships and other entities....
15:15, 2019-08-16

Swiss regulator fines banks for fixing forex trading Five banks have been fined a total of 90 million Swiss francs ($90.53 million) for colluding to rig the foreign exchange market, Switzerland's competition authority said on Thursday....
09:15, 2019-06-06

Global Recession Risks Are Up, and Central Banks Aren’t Ready The world’s monetary authorities have limited policy space, and it’s unclear whether their backup plans will suffice to bolster growth and inflation....
09:30, 2019-07-09

Banks Hand Over Documents on Russians Possibly Linked to Trump Major Wall Street banks have given congressional committees investigating President Trump thousands of pages of documents related to Russians who may have had dealings with the president, his family or his business, people familiar with the congressional probes said....
13:00, 2019-08-08

Development banks' climate funding at all-time high in 2018 Climate projects won record financing from the world's big development banks last year, with funds committed up 60% since the 2015 Paris climate accord to curb global warming emissions, a report published on Thursday said....
15:45, 2019-06-13

Banks to include CO2 emission measures in shipping loan decisions A group of leading banks will for the first time include efforts to cut carbon dioxide emissions in their decision making when providing shipping company loans, executives said on Tuesday....
04:15, 2019-06-18

Big Banks Are Earning Billions of Dollars. Trump’s Tax Cuts Are a Big Reason. The five largest United States banks reported tax rates of 22 percent or less for the second quarter this year. Lower taxes helped smooth over earnings rough spots....
23:45, 2019-07-17

Nordic banks join forces to combat money laundering The Nordic region's six major banks announced the creation of a customer checking center on Friday, with the initiative expected to help their efforts to crack down on money launderers and recover from a scandal that has damaged the sector's reputation....
18:00, 2019-07-05

Bank of America adds human option to enhance robo investment offerings Bank of America Corp is rolling out a new wealth management product that combines automated portfolios with human advice, becoming the latest brokerage to seek to boost business by blending digital......
19:15, 2019-06-03

Alibaba plans bumper $20 billion HK listing to boost investment war chest: sources Alibaba is considering raising as much as $20 billion through a listing in Hong Kong, people familiar with the matter told Reuters, lining up a second blockbuster deal following its 2014 record $25 billion float in New York....
11:15, 2019-05-28

Serial entrepreneur Gary Vaynerchuk reveals the investment secret that made him millions Gary Vaynerchuk, an early investor in Tumblr, Twitter and Snap, says he has made millions investing instinctively by zeroing in on brands he truly likes and understands. It's also important to be patient and have a long-term view, he says....
19:45, 2019-05-30

European markets close higher; Axel Springer leaps on KKR investment talks European markets gained ground Thursday but remained on course for the year's biggest monthly decline amid persistent escalations of the U.S.-China trade war....
05:45, 2019-05-31

UPDATE 3-Trump urges greater Japanese investment in U.S., criticises trade advantage U.S. President Donald Trump urged Japanese business leaders on Saturday to increase their investment in the United States while he chided Japan for having a "substantial edge" on trade that negotiators were trying to even out in a bilateral deal....
16:00, 2019-05-25

Fund manager Glennmont raises 850 million euros for clean energy investment Fund manager Glennmont Partners has raised 850 million euros ($947 million) at the final close of its third clean energy fund, which will invest in renewables projects in Europe and Britain, it said on Tuesday....
03:15, 2019-06-04

UK start-up Babylon Health to reportedly receive investment from Saudi wealth fund Saudi Arabia's sovereign wealth fund is reportedly planning to invest in U.K. start-up Babylon Health, in a deal that would put give the company "unicorn" status....
18:00, 2019-07-31

UPDATE 4-Trump urges greater Japanese investment in U.S., criticises trade advantage U.S. President Donald Trump urged Japanese business leaders on Saturday to increase their investment in the United States while he chided Japan for having a "substantial edge" on trade that negotiators were trying to even out in a bilateral deal....
23:15, 2019-05-25

Democrat Buttigieg announces minority-focused small business investment plan Joining several other Democrats targeting black voters this weekend with economic proposals, presidential hopeful Pete Buttigieg released a policy on Sunday aimed at helping minorities start businesses....
21:30, 2019-07-07

Exclusive: U.S. panel okays SoftBank's $2.25 billion investment in GM-linked self-driving firm A U.S. national security panel on Friday approved a $2.25 billion investment by Japan's Softbank in Cruise, a self-driving vehicle firm majority owned by GM, the unit told Reuters, signaling some leeway for investors with deep ties to China....
03:15, 2019-07-06

UPDATE 4-Bunge posts profit on South America, gain from Beyond Meat investment Agricultural commodities trader Bunge Ltd swung to a profit in the second quarter from a year-ago loss, helped by improved results at its South American operations....
21:45, 2019-07-31

US durable goods orders drop a sharp 2.1% in April, investment spending also falls WASHINGTON (AP) — US durable goods orders drop a sharp 2.1% in April, investment spending also falls. The post US durable goods orders drop a sharp 2.1% in April, investment spending also falls appeared first on LEX18.com....
16:00, 2019-05-24

Japan Display to receive $100 million investment from Apple, says report; shares jump Japan Display Inc is set to receive a $100 million investment from Apple Inc, its biggest customer, the Asahi newspaper reported on Thursday, sending the screen maker's shares up as much as 32% in Tokyo....
18:45, 2019-06-27

Japan Display to receive $100 million investment from Apple as part of bailout deal Japan Display Inc said on Friday it would receive a $100 million investment from a customer, which a source said was Apple Inc , as part of a bailout deal led by a Chinese investment firm for the smartphone screen maker....
20:00, 2019-06-27

Greater investment in family-friendly policies critical to support breastfeeding – UNICEF While the benefits of breastfeeding for both children and mothers are extensive, policies that support nursing, particularly in workplaces, are not yet available to most mothers worldwide, the Head of the United Nations Children’s Fund (UNICEF) said on Wednesday.  ...
17:30, 2019-08-01

Private banking architects: Mary Callahan Erdoes – broadening clients’ investment horizons Mary Callahan Erdoes of JPMorgan speaks to Euromoney about being the port in the storm during the financial crisis and opening up the private wealth market to the whole investment industry....
01:30, 2019-05-22

UPDATE 2-U.S.-based investment-grade bond funds post inflows for 3rd straight week U.S.-based investment-grade corporate bond funds attracted over $3.65 billion of net new cash in the week ended Wednesday, for a third consecutive week of inflows, according to data released on Thursday by Refinitiv's Lipper. Overall, taxable bond funds had net inflows of greater than $7 billion...
01:45, 2019-06-21

Meet the 4 Black Men Who Are Shaking Up the White Male-Dominated Venture Capital Investment World The last few months have been a whirlwind for four young black businessmen who are quickly becoming superstars in the business investment arena. In a space long dominated by white men, these brothers are carving out a niche that champions investing in businesses owned by women and people of color....
22:15, 2019-07-24

Couche-Tard makes strategic cannabis move with large investment in Fire & Flower Couche-Tard has agreed to make a strategic investment in Edmonton's Fire & Flower, which will use the money to expand its cannabis stores and digital retail platform....
22:15, 2019-07-24

Deutsche Bank Investment-Banking Chief Ritchie Could Depart as 'Tough Cutbacks' Look Set to Bite Deutsche Bank executives have discussed the potential departure of investment-banking chief Garth Ritchie, who has come under fire from investors for dismal results....
23:30, 2019-05-27

Britain's investment funds face scrutiny as Bank of England's Carney blasts liquidity 'lie' The U.K. fund industry is facing calls for new regulation with Bank of England Governor Mark Carney telling lawmakers that some investment funds are "built on a lie."...
21:45, 2019-06-27

Chinese movie-ticketing leader Maoyan says to boost film investment, Tencent partnership Maoyan Entertainment , China's leading movie-ticketing platform, said it would boost investment in the domestic film industry and deepen its partnership with Tencent Holdings Ltd , as it works to halt a downturn at cinemas....
08:00, 2019-07-10

As Part of a $3 Million Investment, Serena Williams Adds Her Power to the Fight Against Maternal Mortality What does it mean when the most recognizable female athlete in the world can’t get the attention she needs when suffering complications after giving birth? For Serena Williams, it meant becoming intimately familiar with the crisis currently facing so many black expectant mothers—the threat of a life...
06:15, 2019-07-19

CORRECTED-Bank of America adds human option to enhance robo investment offerings Bank of America Corp is rolling out a new wealth management product that combines automated portfolios with human advice, becoming the latest brokerage to seek to boost business by blending digital with personalized financial planning....
22:45, 2019-06-04

World Bank chief urges reforms to attract investment amid trade uncertainty Uncertainty from trade tensions and slowing global growth is increasing the need for developing countries to pursue reforms that make them more attractive to private investment, World Bank President David Malpass said....
07:15, 2019-06-29

Alibaba reshuffles management; chief financial officer to oversee strategic investment unit China's Alibaba Group on Tuesday said its chief financial officer, Maggie Wu, will oversee the firm's strategic acquisitions and investments unit, as part of a business and management reshuffle at the e-commerce giant....
07:45, 2019-06-18

MIDEAST STOCKS-Banks bolster Saudi, financials drag Abu Dhabi Saudi Arabia's stock market rose sharply for the fourth session on Tuesday, boosted mainly by its banking shares on expectations of further capital inflows, while Abu Dhabi was weighed down by financials. The Saudi index was up 1.6% with all its banks gaining. Al Rajhi Bank added 1.5% and Nation...
16:15, 2019-06-11

At Banks and Fund Firms, Access Is Too Often Denied, Blind and Deaf Investors Say Workers with sensory challenges face an array of digital obstacles to managing their retirement accounts and have sued to ensure banks’ websites comply with federal disability law....
23:00, 2019-08-03

Kering crown jewel Gucci banks on high-end gems for growth Gucci, the luxury brand that powers most of parent Kering's profits, made its first steps in high-end jewelery on Tuesday with a dedicated store in Paris - part of its bid to expand its reach after a blowout fashion makeover....
20:30, 2019-07-02

Wall St. slips; banks fall with prospect of rate cut, energy drops Wall Street ended down slightly on Wednesday, with bank stocks declining as prospects of a U.S. interest rate cut rose and energy shares tumbling along with oil prices....
03:30, 2019-06-13

Senate passes sanctions on North Korea that target Chinese banks The United States Senate passed a bill on Thursday that would strengthen sanctions on North Korea, particularly targeting Chinese banks that work with Pyongyang to skirt existing restrictions....
13:15, 2019-06-28

UPDATE 4-Mexico unveils Pemex business plan, but banks underwhelmed Mexico on Tuesday unveiled parts of a keenly awaited business plan meant to bring the world's most indebted oil company back from the abyss, but its vow of $7.2 billion in government support failed to dispel worries of a ratings downgrade....
03:00, 2019-07-17

Budget 2019: Centre To Pump In Rs 70,000 Crore In State-Owned Banks To strengthen financial health of public sector banks (PSBs), Finance Minister Nirmala Sitharaman Friday said the government will pump in Rs 70,000 crore to boost their lending capacity....
03:00, 2019-07-06

Central banks cannot perform miracles and lawmakers need to reduce uncertainty, ECB member says France's central bank governor told CNBC Saturday that monetary policy cannot compensate for trade tensions, and political leaders need to act in order to fend off today's economic threats....
10:00, 2019-07-08

U.S. banks clear first hurdle of Federal Reserve's annual stress test The 18 largest banks operating in the United States took the first step toward doling out capital on dividends, share buybacks and other investments on Friday, after clearing the first stage of their yearly health checks with the U.S. Federal Reserve....
23:00, 2019-06-21

Major banks set new lending standards for shipping industry in order to cut CO2 emissions Eleven banks that lend to shipping lines on Monday said climate impact will be integrated into the criteria that determines how much they can borrow....
03:45, 2019-06-18

Arron Banks jokes about Greta Thunberg and 'freak yachting accidents' MPs, celebrities and academics criticise ‘disgraceful’ comment by Brexit backer Arron Banks has been criticised after he appeared to wish harm upon Greta Thunberg as the 16-year-old activist set sail across the Atlantic in a solar-powered yacht on a zero-carbon two-week voyage.The controversial Brex...
04:45, 2019-08-15

Halep banks on child-like enthusiasm to retain French Open crown Simona Halep will channel her inner child when she begins her French Open title defense against Ajla Tomljanovic on Tuesday having vowed to enjoy herself in the absence of the stifling pressure of previous campaigns in Paris....
06:45, 2019-05-28

FDIC Plan Would Ease Requirement for Banks Selling Mortgage Securities The regulator proposed easing a hurdle for banks to sell pools of home-mortgage obligations, as part of an effort to spur competition in a market dominated by government-backed entities such as Fannie Mae and Freddie Mac....
04:00, 2019-07-17

Central banks' key policy goals are under threat from climate change, warns UBS Central banks around the world must proactively fight climate change in their own investment portfolios in order to safeguard their key priorities, according to research....
13:30, 2019-07-02

Money In Swiss Banks: India Slips To 74th Place, UK Remains On Top India has moved down one place to 74th rank in terms of money parked by its citizens and enterprises with Swiss banks, while the UK has retained its top position, as per data released by the central......
11:30, 2019-06-30

Central banks will want oversight of Facebook's Libra: Bank of England's Carney Major central banks and regulators will want oversight of Facebook's proposed new currency and payment system, Libra, to ensure it is safe and does not allow money laundering or finance terrorism, Bank of England Governor Mark Carney said....
13:00, 2019-06-21

Banco Bradesco CEO says banks are negotiating out of court debt restructuring for Odebrecht The Chief Executive Officer of Banco Bradesco SA told journalists on Tuesday Brazilian banks are negotiating a potential out-of-court debt restructuring for the Brazilian conglomerate Odebrecht SA....
18:15, 2019-06-11

Brazil's Banco Pan confirms hiring banks for share offering- filing Brazil's Banco Pan SA confirmed on a securities filing late on Tuesday the bank has hired the investment banking units of Banco BTG Pactual, Caixa Economica Federal, Banco Santander Brasil and Morgan Stanley to manage a potential share offering....
02:00, 2019-08-14

German banks are in a much worse position than the rest of Europe, Citi analyst says German lenders are in a uniquely dangerous position compared to their European counterparts, according to Ronit Ghose, global head of banks research at Citi....
17:15, 2019-08-16

US banks could face the same pressures as European counterparts, SocGen chairman warns A Federal Reserve rate cut could lead to the same challenges for Wall Street lenders that European banks have been dealing with, Lorenzo Bini Smaghi said....
16:30, 2019-07-06

MOVES-Credit Suisse hires banks dealmaker Wiant from Lazard Credit Suisse Group AG has hired Jerry Wiant as a managing director and head of American Banks coverage team, according to an internal memo seen by Reuters....
18:45, 2019-07-19

Italian Banks, Long a Drag on Europe, Are Making Good on Bad Loans Italian banks have made a big leap forward in tackling a crucial problem that has dogged them for years and threatened the stability of the whole eurozone: bad loans....
01:00, 2019-08-10

RPT-WRAPUP 1-Big banks beat profit expectations but warning signs grow Three big U.S. banks reported strong earnings on Tuesday, even as warning signs emerged that the playing field is beginning to tilt against the financial industry....
18:15, 2019-07-16

Budget 2019: Government Announces Steps To Revive Shadow Banks In her first Budget speech, Ms Sitharaman said, "For purchase of high-rated pooled assets of financially sound NBFCs, amounting to a total of 1 lakh crore during the current financial year, government......
23:45, 2019-07-05

LatAm's big two central banks warn of weakening growth, inflation outlook The heads of the Mexican and Brazilian central banks said separately on Wednesday that sluggish global and domestic economic growth is putting downward pressure on inflation, suggesting that interest rates in both countries will be cut again soon....
22:30, 2019-08-21

Barclays, Citigroup and JP Morgan among banks fined $1.2 billion for forex rigging Barclays, Citigroup, J.P. Morgan, MUFG and Royal Bank of Scotland have been fined a total of $1.2 billion by EU regulators for rigging the forex market....
14:32, 2019-05-21

Determined Aldis Hodge got buff in hopes of playing ‘Brian Banks’ After his first audition for the film “Brian Banks,” actor Aldis Hodge wanted the meaty title role badly. So before going in for a callback, he began preparing for the part as though he’d already landed it, hitting the gym to bulk up to the real-life Banks’ size. “I was just like, ‘I hope things......
04:00, 2019-08-09

Trio of Central Banks Surprise Markets With Aggressive Rate Cuts Three central banks in the Asia-Pacific region lowered interest rates in a surprisingly aggressive fashion as the fallout from the U.S.-China trade war intensified, suggesting the global rate-cut cycle will gather steam in the months ahead....
22:00, 2019-08-07

Chinese Banks Demand $2.1 Billion From Embattled Anil Ambani's Firm Anil Ambani's older sibling and Asia's richest man Mukesh Ambani's Reliance Jio Infocomm Ltd. had earlier offered to purchase RCom's assets in a Rs 17,300-crore deal, which would have helped partly......
10:00, 2019-06-18

Exclusive: High-security locks for government and banks hacked by researcher Hackers could crack open high-security electronic locks by monitoring their power, allowing thieves to steal cash in automated teller machines, narcotics in pharmacies and government secrets, according to research to be presented Friday at the annual Def Con hacking conference in Las Vegas....
10:00, 2019-08-07

Elizabeth Warren reveals plan to rein in Wall Street, big banks Democratic president hopeful Elizabeth Warren targeted Wall Street corruption, income inequality and private equity "vampires" with her latest proposal....
17:30, 2019-07-18

Hilary Duff's Son Luca Has the Cutest Reaction to Seeing His Sister Banks Crawl Hilary Duff is one proud mama. The actress took to Instagram on Wednesday to share an adorable video of her daughter Banks mastering her latest milestone--crawling! "We got a......
01:15, 2019-05-23

Dapper ‘Burberry Bandit’ back robbing Manhattan banks: cops Manhattan’s “Burberry Bandit” is back. It’s only been five months since dapper robber Cornell Neilly was paroled from prison, but cops say he’s already back hitting banks. Neilly, 38, has been linked to seven Manhattan bank robberies in the two weeks from June 22 to Jul...
23:00, 2019-07-06

AI IN BANKING: Artificial intelligence could be a near $450 billion opportunity for banks — here are the strategies the winners are using This is a preview of the AI IN BANKING research report from Business Insider Intelligence. 14-Day Risk Free Trial: Get full access to this and all Fintech industry research reports. Discussions, articles, and reports about the AI opportunity across the financial services industry continue to proli...
05:15, 2019-07-24

European banks have paid over 20 billion euros to the ECB since negative interest rates European banks have transferred 21.4 billion euros ($24.2 billion) in revenues to the European Central Bank (ECB) in the five years since negative interest rates were introduced....
13:30, 2019-06-10

Big banks are launching a blockchain trade platform powered by ‘Bitcoin-like’ token The banking industry is hell-bent on taking over the nascent blockchain and cryptocurrency market. A group of financial firms led by UBS Group AG is eyeing blockchain technology for settling cross-border trades worldwide with its own “Bitcoin-like” token. The 14 firms – including Barclays, Nasdaq, C...
13:45, 2019-06-03

UPDATE 1-Swiss regulator fines banks for fixing forex trading Five banks have been fined a total of 90 million Swiss francs ($90.53 million) for colluding to rig the foreign exchange market, Switzerland's competition authority said on Thursday....
09:00, 2019-06-06

Banks in Hong Kong condemn violence, urge restoration of 'harmony' Some of Hong Kong's biggest banks published full-page newspaper advertisements on Thursday calling for the preservation of law and order in the Chinese territory and condemning violence, as weeks of pro-democracy protests show no sign of abating....
05:30, 2019-08-22

CORRECTED-UPDATE 1-Bank of America adds human option to enhance robo investment offerings Bank of America Corp is rolling out a new wealth management product that combines automated portfolios with human advice, becoming the latest brokerage to seek to boost business by blending digital with personalized financial planning....
22:45, 2019-06-04

Virgin Galactic deal sparks interest in an obscure investment vehicle with a spotty track record There's lots of excitement that tech superstar Chamath Palihapitiya's Social Capital Hedosophia is buying a 49% stake (roughly $800 million) in Virgin Galactic to do space flights....
03:30, 2019-07-10

‘Greater urgency’ needed in fight against HIV/AIDS, warns UN agency, amidst $1 billion investment cuts The UN programme leading the global effort to end AIDS is calling for greater urgency and more funding in the fight against the disease, with data showing that the pace of progress in reducing new HIV infections is slowing, and some countries experiencing a rising number of cases....
08:45, 2019-07-17

Investment grade bond funds suck in record $12.3 billion as investors ditch stocks: BAML Investors plowed a record $12.3 billion into investment grade bond funds and ditched equities over the past week, Bank of America Merrill Lynch said on Friday, as worries over trade tensions and the......
15:15, 2019-06-07

Investors pour $6 billion into U.S.-based high-yield, investment-grade bond funds: Lipper Investors' appetite for risk-taking was on display in the latest week, as U.S.-based high-yield junk bond funds attracted more than $3 billion in the week ended Wednesday, their third consecutive......
01:15, 2019-06-28

MOVES-Bank of America hires Vitols as head of asset management investment banking -memo Bank of America Corp has appointed Janis Vitols to be its new head of global asset management investment banking, according to an internal memo seen by Reuters on Thursday....
22:30, 2019-07-18

Pegatron eyes up to $1 billion Indonesia investment to assemble Apple phone chips: deputy minister Taiwan's Pegatron has signed a letter of intent stating it intends to invest 10-15 trillion rupiah ($695 million to $1 billion) in an Indonesian factory to assemble "chips for Apple smartphones", Indonesia's deputy industry minister said on Tuesday....
13:45, 2019-05-28

JP Morgan, Banks Helped Amrapali Group Divert Funds: Supreme Court The court on Tuesday ordered the federal anti-money laundering agency to investigate Amrapali, based in Noida, for diverting funds overseas with the help of JPMorgan and others....
14:30, 2019-07-24

Judge rules against Trump, paves way for banks to provide his business records to Congress U.S. President Donald Trump, three of his children and the Trump Organization on Wednesday lost their bid to block Deutsche Bank AG and Capital One Financial Corp from providing financial records to Democratic lawmakers investigating Trump's businesses....
01:00, 2019-05-23

Indian Banks Pursue Vijay Mallya In UK High Court For Assets Disclosure Two superyachts, a game reserve, numerous undeclared high-value and vintage cars, valuable paintings and a piano previously owned by Elton John are among the assets in contention as part of a latest......
22:15, 2019-07-22

Mastercard lets transgender users choose names on their cards (if banks agree) Mastercard, one of the two dominant U.S. payment networks, is introducing debit and credit cards that will let transgender users select whatever name they want — as long as the bank that issues the card and extends the accompanying credit line goes along....
02:15, 2019-06-18

Bank of Japan's aggressive easing has created a tough environment for some banks: MUFG The BOJ's negative interest rate policy has given many financial firms a tough time, according to Mitsubishi UFJ Financial Group's Nobuyuki Hirano....
10:15, 2019-06-07

Grab eyes Singapore banking license as regulator studies virtual banks Grab, Southeast Asia's most valuable start-up, is exploring a move into Singapore banking as regulators in the Southeast Asian city-state consider allowing online-only banks, four people with knowledge of the process said....
03:30, 2019-06-12

REFILE-WRAPUP 1-Big banks beat profit expectations but warning signs grow Three big U.S. banks reported strong earnings on Tuesday, even as warning signs emerged that the playing field is beginning to tilt against the financial industry....
18:15, 2019-07-16

Sensex, Nifty Erase Gains Ahead Of Derivatives Expiry; PSU Banks Drag The NSE Nifty benchmark index moved in a range of 104.6 points, between 11,361.40 and 11,256.80 at the strongest and weakest levels respectively in the day....
09:15, 2019-07-25

Veteran NFL writer Don Banks dies after covering Pro Football Hall of Fame ceremony Don Banks, best known for his 17 years at Sports Illustrated, died in his sleep Sunday after just covering the Pro Football Hall of Fame ceremonies.       ...
02:45, 2019-08-05

Fed Stress Tests Find Top Banks Are Strong, Setting Stage for Wave of Payouts The Federal Reserve said the largest banks were generally well prepared to withstand a severe crisis, although Credit Suisse must improve its operations....
02:45, 2019-06-28

Bond insurer MBIA sues banks over defaulted Puerto Rico bonds Bond insurance company MBIA Inc sued several financial institutions on Thursday over their role in underwriting billions of dollars of Puerto Rico bonds that eventually went into default....
02:15, 2019-08-09

Banks are paying people to borrow money. That’s alarming news for the global economy. Some investors are so nervous about the future that they’re willing to lose a little money by lending it to a borrower that is almost certain to pay it back, rather than risk betting on something that could go bust....
15:30, 2019-08-14

Trump appeals ruling allowing banks to hand his financial records to Congress U.S. President Donald Trump, three of his children and the Trump Organization on Friday appealed a court order allowing Deutsche Bank AG and Capital One Financial Corp to hand their financial records over to Democratic lawmakers....
20:45, 2019-05-24

Asian banks face threat from profit plunge, digital rivals: McKinsey Asia-Pacific banks must radically reform and slash costs or else they will eventually be forced to put themselves up for sale, as rapidly increasing competition from technology firms moving into banking transforms the sector, consultancy McKinsey said....
18:30, 2019-07-01

Major breach found in biometrics system used by banks, UK police and defence firms Fingerprints, facial recognition and other personal information from Biostar 2 discovered on publicly accessible databaseThe fingerprints of over 1 million people, as well as facial recognition information, unencrypted usernames and passwords, and personal information of employees, was discovered on...
11:00, 2019-08-14

Australian regulator threatens action on banks over past consumer insurance sales Australia's corporate regulator threatened on Thursday to prosecute some of the country's largest banks over their sales earlier this decade of consumer insurance products that it said had harmed customers....
07:15, 2019-07-11

Banks re-open as Hong Kong returns to normal ahead of weekend protest Police kept a close watch over central Hong Kong as the Asian financial hub returned to normalcy on Friday, with banks re-opening branches closed during violent protests against a proposed extradition bill with mainland China....
06:15, 2019-06-14

S&P ends near flat as Citigroup results sink banks; Nasdaq hits new high The benchmark S&P 500 index ended little changed on Monday after oscillating between positive and negative territory throughout the session after Citigroup Inc kicked off the earnings season with a mixed quarterly report....
05:45, 2019-07-16

Global banks are cutting 30,000 jobs this year. It's a sign the banking crisis is only getting worse. Reuters Global investment banks have been suffering this year, with European banks being hit the hardest. As a result, nearly 30,000 jobs have been cut or are set to be cut across the sector. Deutsche Bank's radical overhaul of its business accounts for a large proportion of global cuts, but Barc...
13:00, 2019-08-12

What's open and closed on July 4th: Mail, banks, and stores impacted by Independence Day As America celebrates the Fourth of July, most government offices and some private businesses will be closed.        ...
10:30, 2019-07-04

MIDEAST STOCKS-Banks lead most Gulf markets higher, Kuwait keeps rallying Major Gulf markets closed higher on Tuesday, mostly riding on banks after Egypt's EFG Hermes forecast a higher second-quarter profit for the Middle East's financial sector, while Kuwait continued to rise for a...
16:15, 2019-07-09

Brexit funder Arron Banks threatens Netflix over Great Hack documentary Legal threat comes as campaigners warn UK government that courts are being used to intimidate journalistsLetter: press freedom campaigners call for action on ‘vexatious lawsuits’ Related: The Great Hack: the film that goes behind the scenes of the Facebook data scandal The businessman Arron Banks an...
06:45, 2019-07-21

Charges Levied By Banks For Real-Time Gross Settlement (RTGS) Payments Recently, the Reserve Bank of India (RBI) - which manages the RTGS payments system - has announced an extension in the timings applicable to RTGS transfers by one-and-a-half hours....
21:00, 2019-05-29

UPDATE 1-U.S. banks clear first hurdle of Federal Reserve's annual stress test The 18 largest banks operating in the United States took the first step toward doling out capital on dividends, share buybacks and other investments on Friday, after clearing the first stage of their yearly health checks with the U.S. Federal Reserve that assess their ability to weather a major econ...
23:00, 2019-06-21

From Banks’ Cathartic ‘Godless’ to Ed Sheeran and Stormzy’s Collaboration, These Are the 5 Songs You Need to Listen to This Weekend This week, Lil Nas X came through with a new remix of his long-lasting hit “Old Town Road,” now featuring Mason Ramsey (the Walmart yodel boy ) and rapper Young Thug. But if you want something new and different, look instead to Ed Sheeran‘s big new collaborative album featuring art...
00:45, 2019-07-13

More Americans are finally moving cash to online banks for higher interest rates More Americans are moving their cash to online banks to earn interest of 2% or more. But many feel more comfortable with a local branch        ...
13:30, 2019-05-23

Central banks' dovish cooing keeps world stocks lulled near two-week highs World stocks held near two-week highs on Wednesday as investors bet on a worldwide wave of central bank stimulus, with expectations growing that the United States and the euro zone may deliver interest rate cuts as early as July....
16:00, 2019-06-19

12 international players available in NBA draft Twelve international players, led by prospective top-10 pick Sekou Doumbouya of Guinea, remained in the NBA draft at the final deadline to withdraw on Tuesday....
05:30, 2019-06-12

International Day of the Midwife: 5 things you should know Why are midwives important? What impact have they had on mothers’ and babies’ health? As the United Nations celebrates midwives across the world on Sunday, here are five things you should know about the critical role they play in communities....
15:45, 2019-05-21

5 fun facts for International Beer Day August 2nd is a global celebration of drinking beer. Impress your friends at the next party with these 5 facts.       ...
20:15, 2019-08-02

International prospect day primer Today is one of my favorite days of the baseball season and it has nothing to do with the major league team. July 2nd is International Signing Day because the window to sign players from other countries opens again with an entirely new crop of players. Typically, the players signed today are teenage...
18:15, 2019-07-02

Social, cultural diversity ‘an enormous richness, not a threat’ Guterres declares calling on investment for a harmonious future Like a well-tuned orchestra, successful modern societies have a balance of diversity and culture, that is a source of “enormous richness, not a threat” said the UN chief on Monday, speaking alongside UN Messenger of Peace, acclaimed cellist Yo-Yo Ma in the Austrian capital, Vienna. ...
20:45, 2019-05-27

Brian Banks biopic puts spotlight on false rape allegations and the lives it destroys A promising high school football star, Brian Banks lost 11 years of his life after being wrongfully accused of rape by a fellow Long Beach Poly student in 2002 and persuaded to plead no contest in a California court at just 17 years old....
10:30, 2019-08-10

What's open and closed Memorial Day 2019: Mail, banks, and stores impacted by the holiday As America celebrates Memorial Day on Monday, May 27, 2019, most government offices and some private businesses will be closed.        ...
11:45, 2019-05-27

2020 candidate Elizabeth Warren unveils plan to rein in Wall Street, big banks Democratic presidential hopeful Elizabeth Warren unveiled her vision Thursday for reining in Wall Street corruption, income inequality and private equity "vampires."...
23:15, 2019-07-18

Tyra Banks' Top Model meltdown is now a sick house track courtesy of King Princess Memes come and go at a very fast pace, but some stand the tests of time and never get old. Tyra Banks has proven to be one of those memes—quite a few times, actually—with her unpredictable behavior on America’s Next Top Model. There’s that time she fainted in front of the girls. There’s also the “bu...
16:45, 2019-05-21

Turkish finmin: public banks' loan rate cut boosting construction sector -Twitter Turkey's finance minister said on Tuesday a loan rate discount from three public banks has lead to a record high demand for mortgage loans over the past two days, giving the construction sector an "anticipated" boost....
12:45, 2019-08-06

Lower fees, snazzy branches: Hong Kong banks gird for online-only onslaught Hong Kong's biggest banks are set to cut fees, boost digital services and jazz up branches with features such as touch-screen display panels to meet competition from new online-only lenders in one of the world's most profitable banking markets....
10:00, 2019-08-14

Banks readying 2.5 billion euro loan in TIM-Vodafone Italy tower deal: sources A group of banks is set to lend Telecom Italia unit INWIT up to 2.5 billion euros ($2.8 billion) to help it merge its towers with those of Vodafone, two sources said....
18:30, 2019-07-01

Turkish banks have not yet agreed model to move bad loans off balance sheets -finance ministry Turkish banks have not yet agreed on a model for a fund that will remove problem loans in the construction and energy sectors off banks' balance sheets, the Treasury and Finance Ministry told Reuters on Wednesday....
17:30, 2019-07-17

UPDATE 2-Trump appeals ruling allowing banks to hand his financial records to Congress U.S. President Donald Trump, three of his children and the Trump Organization on Friday appealed a court order allowing Deutsche Bank AG and Capital One Financial Corp to hand their financial records over to Democratic lawmakers....
22:00, 2019-05-24

Men in Black: International Is a Galaxy of Fun for a New Generation Men in Black: International will not be the best movie you see this year. There are plot issues, character arcs go unfinished, and the ending felt rushed. But it’s still a campy, cool sci-fi spy thriller—one that coasts on the natural charisma of Tessa Thompson and Chris Hemsworth, who may be one of...
19:45, 2019-06-12

Africa's Green parties bet on international help In Germany and large parts of Europe, green parties are compounding their electoral successes. Environmental parties in Africa still have a long way to go, but the climate crisis could quicken their ascent....
17:15, 2019-07-15

"You Must Be Stupid": Duterte Says Won't Be Tried By International Court Philippine President Rodrigo Duterte has declared he will never be tried by an international court for mass killings in his war on drugs, and vowed no let-up in a crackdown that he said he was winning......
15:30, 2019-07-17

Cobham to be acquired by Advent International -FT British engineer Cobham Plc is to be acquired by U.S. private equity firm Advent International in a deal that would value it at about 4 billion pounds ($4.99 billion) including debt, the Financial Times reported, citing people close to the situation....
03:45, 2019-07-25

Bus with international students catches fire A coach bus carrying 20 international students visiting Tufts University caught fire on Route 128 North in Burlington, Massachusetts. Nobody was hurt. (July 11)        ...
11:45, 2019-07-11

KKR agrees to buy Campbell's international business The Australian Financial Review newspaper reported, citing anonymous sources, the U.S. private equity firm had agreed to pay $2.2 billion for the business....
07:15, 2019-07-24

Sky Harbor International Airport is looking to expand Sky Harbor International Airport is looking to expand. The Phoenix City Council approved the airport’s 20-year plan Tuesday. Sky Harbor officials say they had more than 45-million passengers last year and project more than 70-million passengers by 20-39. The federal aviation administration wil...
10:30, 2019-06-14

At least four rookies on International Presidents Cup team The International team for December's Presidents Cup will have at least four first-time players, after Mexico's Abraham Ancer, China's Li Haotong, Taiwan's C.T. Pan and Australian Cameron Smith all qualified for the team on Sunday....
17:30, 2019-08-19

There may be life on other planets, but there’s none in Men In Black: International The Men In Black movies are about chemistry as much as they’re about aliens. Beginning with the gruff father/cocky son dynamic between Tommy Lee Jones and Will Smith in Barry Sonnenfeld’s 1997 original, the series has been powered largely by the interplay between its charismatic leads. Men In Black:...
20:30, 2019-06-12