Thursday, Jan 29, 2026

International Finance

Category : Banking

Banking

Crisis hit Co-op Bank hires ‘Turnaround Specialist’ Richard Pennycook and Banker Richard Pym to Beef up Banking and Retail Sectors

International Finance Desk
by International Finance Desk
The Co-operative group has beefed up its management by recruiting the former finance director of Morrison’s and the chairman of Britain’s Nationalized Banks. June 06, 2013: The Co-operative Group has made senior personnel changes in an attempt to stabilize its troubled bank following a credit downgrade and deep concerns on its capital levels. Richard Pennycook, widely...
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Banking

Bank of England and HM Treasury Funding for Lending Scheme – 2013 Q1 usage and lending data

International Finance Desk
by International Finance Desk
The Bank of England has published the updated data on the use of Funding for Lending Scheme(FLS) for the quarter ending 31st March 2013.  June 03, 2013 : The Bank has today published updated data on the use of the Funding for Lending Scheme (FLS). Today’s publication shows for each group participating in the FLS...
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BankingUncategorized

Switzerland to Relax Bank Secrecy Laws

International Finance Desk
by International Finance Desk
SWITZERLAND aims to save its banks from heavier punishment in the United States for helping wealthy tax cheats by sidestepping its own famed secrecy laws to let bankers disclose data to US prosecutors. Dealing a huge blow to Switzerland’s historic banking secrecy, Swiss finance officials on Wednesday approved a plan that would allow the country’s...
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Banking

Egypt: Making Home Ownership a Reality

International Finance Desk
by International Finance Desk
Supporting a Competitive and Sustainable Residential Mortgage Market in Egypt. By, Eman Abd El Hady l World Bank The Egypt Mortgage Finance Project yielded some of the most impressive results Egypt has seen in the financial sector, enabling banks and non-bank lenders in the primary market to offer long-term market-based mortgage loans for residential housing. During...
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Banking

Pioneering Origination & Investment products through Innovation

International Finance Desk
by International Finance Desk
Dunn Loren Merrifield (“DL Merrifield”) is a full service investment house which commenced business operations as at September 2009. It is an independent institution that combines the attributes of origination, distribution and trading of securities. April 18, 2013: Headquartered in Lagos, Nigeria, Dunn Loren Merrifield delivers bespoke solutions to sovereign/ sub-sovereign entities and to private...
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Banking

Taiwan’s economy

International Finance Desk
by International Finance Desk
Taiwan’s export is expected to grow mildly, as the enhancing competitiveness pressure on the manufacturing sector from abroad. April 18, 2013: The momentum of world economy is anticipated to be stabilized in 2014, due to the better prospect of the advanced economies. Nevertheless, Taiwan’s export is expected to grow mildly, as the enhancing competitiveness pressure...
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Banking

U.S. and U.K. benchmark interest rates to remain unchanged

International Finance Desk
by International Finance Desk
The highlights of the economic calendar during previous week were Fed’s, BoE’s and BoJ’s March meetings, the release of U.S. initial jobless claims and producer price inflation reports, as well as Greece’s return to financial markets. April 18, 2014 : Fed’s March Minutes The Federal Reserve’s March meeting minutes released on April 9, 2014, reported...
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Banking

Heritage Calls for End to “Age of Entitlement” for Big Banks

International Finance Desk
by International Finance Desk
Heritage Bank CEO John Minz today joined the call for an end to the “age of entitlement” for Australia’s four major banks. April 11, 2014 : Heritage Bank CEO John Minz today joined the call for an end to the “age of entitlement” for Australia’s four major banks. Mr Minz said the current structure of Australia’s banking...
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Banking

Deloitte – CFO Risk Appetite At Record High

International Finance Desk
by International Finance Desk
Shift towards increased corporate leverage as credit conditions improve.  April 9, 2014 : Shift towards increased corporate leverage as credit conditions improve. Greater confidence about growth in the UK and euro area is supporting corporate investment, according to the latest Deloitte CFO Survey. The first quarter 2014 CFO Survey gauged the views of 126 CFOs, including...
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Banking

Recruitment trends for 2014 in financial services

International Finance Desk
by International Finance Desk
By Paul Reynolds, Partner, Green Park Interim and Executive Search April 4,2014 : The hot growth areas for senior search mandates within financial services in 2014 are largely dictated by political and regulatory changes, technology simplification and digital along with governance, risk and compliance. In compliance, the current emphasis is on what to do about controlled...
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