International Finance

Category : Banking

India’s central bank to identify bulwark in a financial crisis

The RBI will designate up to six banks as Domestic Systemically Important Banks (D-SIBs) to reduce the risk of collapse of the financial system July 24, 2014: The Reserve Bank of India (RBI) has decided to designate up to six banks as Domestic Systemically Important Banks (D-SIBs) to reduce the risk of collapse of the...

Mobile, i-banking transactions worth nearly £1 billion a day in UK

In 2014, the rate of adoption of digital banking grew strongly with more than 15,000 people downloading banking apps a day July 22, 2014: Mobile and internet banking are now being used for transactions worth nearly £1 billion a day in the UK, according to a major industry-wide report into consumer-friendly technology by the BBA...

Quantitative Easing Under the Microscope

While one of the main objectives of QE is to stimulate inflation to prevent deflation, too much inflation could be an unintentional outcome. July 14, 2014 : European Central Bank president Mario Draghi has pulled out the big guns. With years of declining inflation and persistently high unemployment plaguing the Eurozone, the central bank is considering...

Oz central bank keeps July cash rate steady at record low of 2.5%

RBA wants the effects of low interest rate to keep flowing through the economy, which is plagued by tardy growth in the mining sector, reports Team IFM Sydney, July 8: The Reserve Bank of Australia (RBA) has kept its benchmark cash rate on hold in July to help support a soft economy as an elevated...

Should Policy Makers in Emerging Markets be Concerned about “Tapering”?

By Mathew Verghis. June 10, 2014: The US and European economies are showing some signs of recovery from the global financial crisis that began in 2008. As a result, the US Federal Reserve Bank is considering phasing out, or “tapering”, the extraordinary monetary policy measures through which it responded to the crisis. On May 22,...

CaixaBI Bullish On Prospects For 2014

We hope to improve our performance this year compared to last year thanks to the economic recovery and bouyant Portuguese capital markets, says Joaquim Souza, CEO of CaixaBI, one of Portugal’s largest investment banks. Lisbon, February 26: With the Portuguese economy rebounding from the recent recession there is a strong demand for Portuguese assets financial...

Editor’s Epistle

2014 looks good, but read us to stay ahead! January 2014 On behalf of the entire International Finance Magazine team let me first wish all our readers and clients a very happy and prosperous New Year. Welcome to the brave new world of 2014. The past year was tough. According to the International Monetary Fund’s...

Why data management fines could be a bonus for the banks

Graham McDaniel, senior managing consultant at Xceed Group, explains why punitive data regulations may be just what the doctor ordered for the banking industry. December 17, 2013:  The UK retail banking landscape has changed rapidly over the past few years. The traditional banking establishment has been rocked by miss-selling scandals, financial crisis, changing customer needs,...

The implications of providing a personal guarantee

Written by Fiona Jewell, a solicitor in the Corporate and Commercial team at Thomson Snell & Passmore Solicitors.  December 17,  2013 : The implications for a guarantor can be far reaching and the specific terms of the personal guarantee should be considered carefully. In the aftermath of the recession, the requirement for a personal guarantee from...

Berenberg Bank Wins the Best Private Bank Award at International Finance Magazine, Financial Awards – Germany 2013

International Finance Magazine today announced the Financial Awards 2013 for Germany. December 12, 2013:International Finance Magazine (www.internationalfinancemagazine.com) today announced the Financial Awards 2013 for Germany. The award celebrates excellence in its purest form. An event that recognizes and honours individuals and organisations in the international finance industry that make a significant difference and add value,...