Thursday, Jan 29, 2026

International Finance

Category : Banking

Banking

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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Banking

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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Banking

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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BankingEconomy

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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Banking

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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Banking

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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Banking

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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