Tuesday, Nov 26, 2024

International Finance

Category : Banking

International Finance Magazine, Financial Awards – Malaysia 2013

International Finance Desk
by International Finance Desk
International Finance Magazine today announced the Financial Awards 2013 for Malaysia, July 07, 2013: International Finance Magazine (IFM), the London based online magazine with a viewership in over 150 countries announced the financial awards 2013 for Malaysia. The recipients have been chosen after a rigorous selection process by the internal tem as well as key...
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HSBC Annexes “Best Internet and Foreign Bank” at International Finance Magazine, Financial Awards- Sri Lanka 2013

International Finance Desk
by International Finance Desk
Another Feather in its cap, as HSBC annexes “Best Foreign and Internet Bank” at International Finance Magazine, Financial Awards – Sri Lanka 2013. July 05, 2013: The U.K. Banking giant has been awarded the Best Internet Bank and Best Foreign Bank awards for its technological innovations, which include secured online services to manage investments and...
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Shareholders and Creditors to Share Losses of Bank Failures

International Finance Desk
by International Finance Desk
The new system specifies the order in which banks investors and creditors, and then their uninsured depositors will face losses in case of failure of banks. July 01, 2013 : Finance ministers from the European Union have agreed unanimously on a plan that would require shareholders and creditors to take significant losses when banks collapse. The...
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Bank Penalties on Risk Management Failures Raise Enormously in U.K.

International Finance Desk
by International Finance Desk
The Financial Conduct Authority has levied a fine of more than £ 292 million pounds ($458 million) against firms which have inadequate risk management controls.  June 19, 2013 : International Finance Magazine gives you the story on LIBOR manipulation and the impact of the Financial Services Act 2012 which has given more powers to exert pressure...
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Singapore “Censures” Erring Banks For Attempted Manipulation of Local Benchmark Interest Rates

International Finance Desk
by International Finance Desk
Singapore’s Central Bank has censured a record 20 banks on Friday after it found that 133 traders in the city tried to rig key borrowing and currency rates. June 18,2013 : Singapore’s Central Bank has rapped 20 banks for allowing 133 traders to attempt to manipulate interest rates and foreign exchange benchmarks for a period of...
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Andrew Bailey at the Society of Business Economists

International Finance Desk
by International Finance Desk
Andrew Bailey, Deputy Governor, Prudential Regulation and Chief Executive Office, Prudential Regulation Authority. June 17,2013 : The financial crisis has provided hard lessons on what happens when the stability of the financial system is found wanting. It has reminded us how much we depend upon the supply of critical services from banks, insurers, investment firms, asset managers and...
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‘Central Counterparties – what are they, why do they matter and how does the Bank supervise them?’

International Finance Desk
by International Finance Desk
Financial market infrastructures play a crucial role in helping the economy and financial markets to function.  June  17,2013 :Financial market infrastructures lie at the heart of the financial system. They settle transactions and, by stepping in between buyers and sellers, ensure that financial obligations are met. Central counterparties (CCPs) – also known as clearing houses –...
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