Sunday, Jun 21, 2026

International Finance

Category : Banking

Banking

McKinsey Report Says Twenty Percent of Banks May Shrink or Merge

International Finance Desk
by International Finance Desk
Return on equity (RoE) dropped as low as 4 percent across the industry in 2008 after the financial crisis and remains below the average cost of capital, estimated at 10-12 percent. November 8th ,2013 : One fifth of the world’s biggest banks may be broken up or sold as part of a “radical course correction” in...
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Banking

As SMEs fight for finance, banks scrap for Google rankings

International Finance Desk
by International Finance Desk
Research highlights the shift away from traditional bank lending to small business, which has shrunk by a quarter since 2011. November 8th, 2013 : The extreme difficulty some company owners have faced obtaining conventional bank borrowing over the past three years has proved the making of invoice discounting, an alternative funding mechanism in which money is...
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Banking

New report paints picture of 2022 payments

International Finance Desk
by International Finance Desk
The number of cash payments will fall from 21 billion in 2012 to around 14 billion in 2022, as people increasingly use alternatives such as cards and automated payments. October 17, 2013 Consumer card use will rise by 75% from nearly 10 billion payments in 2012 to nearly 17 billion in 2022, driven primarily by...
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Banking

Research reveals Universal Credit payment and budgeting advice gap

International Finance Desk
by International Finance Desk
Payments Council has created a new free guide to help people receiving Universal Credit manage their money and understand payments. October 16, 2013 Half of people eligible for Universal Credit concerned about managing cash flow after change to monthly payments Four in ten who are eligible for Universal Credit say they prefer to manage their...
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Banking

U.K. Banks Face “Stress Test” from BoE

International Finance Desk
by International Finance Desk
The BoE will start an annual test for the top eight UK lenders like Barclays, RBS and HSBC in 2014 and in the next five years it will be broadened out to include the UK subsidiaries of International banks. October  9, 2013 : In a path breaking initiative, the Bank of England will now have a...
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Banking

U.K Accounting Regulator Seeks Executive Pay Overhaul

International Finance Desk
by International Finance Desk
Regulators and government were contemplating for more than one year on ways to better align remuneration with company performance and hand more power to shareholders. October 7, 2013 : Clawing back bonuses from directors could be made easier as the U.K’s accounting regulator has said it may overhaul rules for corporate pay and introduce measures to...
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Banking

International Finance Magazine, Financial Awards – Azerbaijan 2013

International Finance Desk
by International Finance Desk
International Finance Magazine announces Financial Award winners for Azerbaijan 2013. October 01, 2013 : International Finance Magazine (IFM), the London based online magazine with a viewership in over 200+ countries announced the financial awards 2013 for Azerbaijan. The recipients have been chosen after a rigorous selection process by the internal team as well as key inputs...
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Banking

Off Balance Sheet Transactions of Banks to come Under BASEL Scrutiny

International Finance Desk
by International Finance Desk
The Basel rule requires the banks to hold capital equivalent to at least three percent of their assets, without any possibility to take into account the riskiness of a lender’s investments. October 01, 2013 : Banks are set to face a broad international leverage limit that will catch off balance sheet risks and prevent them from...
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