Tuesday, Nov 26, 2024

International Finance

Category : Banking

The Volcker Rule

International Finance Desk
by International Finance Desk
The rule restricts U.S. banks, or an institution that owns a bank, from making certain kinds of speculative investments with their own money that could hurt their customers.  July 22, 2013 : The Volcker Rule is an attempt to update the Glass Steagall Act for the twenty first century, the provisions of the erstwhile act aimed...
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International Finance Magazine, Financial Awards 2013– Taiwan

International Finance Desk
by International Finance Desk
International Finance Magazine has announced the financial award winners in Taiwan. The recipients have been chosen after a rigorous selection process by the internal team along with key inputs from an external agency. July 19, 2016: International Finance Magazine has announced the financial award winners in Taiwan. The recipients have beenchosen after a rigorous selection process...
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Eurobank Takes over Two Greek Banks as Part of Consolidation

International Finance Desk
by International Finance Desk
The sale is the latest move in a consolidation of the banking sector that aims to form stronger, well capitalized banks to help the economy out of a six year slump. July 16, 2013 : Greece’s bank rescue fund picked Eurobank to buy New Hellenic Postbank as part of consolidation in the sector and to meet...
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Risk Management in the Banking Industry

International Finance Desk
by International Finance Desk
Risk management is an essential part of helping the bank grow while keeping an eye on the potential consequences if something goes wrong.  July 16,2013 : The perception of risk management is fundamentally changing within today’s institutions. It is no longer purely used as a control mechanism but as a critical input into the basic business...
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International Finance Magazine, Financial Awards 2013– Taiwan

International Finance Desk
by International Finance Desk
International Finance Magazine has announced the financial award winners in Taiwan. The recipients have been chosen after a rigorous selection process by the internal team along with key inputs from an external agency. International Finance Magazine has announced the financial award winners in Taiwan. The recipients have been chosen after a rigorous selection process by...
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World Bank Announces US$1 Billion Pledge to Africa’s Great Lakes Region, Targeting Energy, Roads, Agriculture, Cross-Border Trade, Health, and Jobs

International Finance Desk
by International Finance Desk
Cross-border trade key to peace for Africa’s Great Lakes Region. July 15, 2013: On the first day of an historic joint United Nations/World Bank Group mission to the Great Lakes region, the World Bank Group announced $1 billion in proposed new funding to help countries in the region provide better health and education services, generate...
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Myanmar: Stepping up to Asia and the World

International Finance Desk
by International Finance Desk
Myanmar can realize its full potential and end extreme poverty and build shared prosperity by building a strong macro-economic framework with fiscal policies that align the budget with development priorities. July 14, 2013: Myanmar was one of East Asia’s fast growing advanced economies in the early 20th century. But decades of isolation took its toll...
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Transatlantic Exchange Operator to Takeover Scandal hit LIBOR

International Finance Desk
by International Finance Desk
The winning subsidiary known as NYSE Euronext Rate Administration Limited is scheduled to complete the transfer by 2014. July 11,2013 : International Finance Magazine reports on the takeover of the traditional rate setter by an independent private company and a threadbare analysis of how the new mechanism shall prevent fraudulent rate setting by elite banks and...
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U.K. Government to Sell Tax Payer’s Stake in Lloyd’s Banking Group

International Finance Desk
by International Finance Desk
Britain is keen to start selling its 20 billion pound holding in Lloyds this year, and top investment banks of the world will pitch for the job of handling the sale by a Treasury deadline on Monday. July 09, 2013 : Shares of Lloyds Banking Group jumped to 2 ½ year high on Monday as overseas...
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E.U pushes for a Transatlantic Banking Regulator

International Finance Desk
by International Finance Desk
It is possible that, as a result of the talks some form of transnational super regulator could be formed, which would take a lead on financial regulation over the two financial super powers . July 08, 2013 : The European Union is all set to push for an agreement on banking and financial services as a...
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