Friday, Jan 31, 2025

International Finance

Tag : banking

BankingUncategorized

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...
Read more
Fintech

“Three Letter Agencies” Not Invited for DEF CON

International Finance Desk
by International Finance Desk
An irreverent crowd of more than 15,000 hackers, researchers, corporate security persons, privacy advocates, artists and others are expected to attend the Las Vegas convention that begins on August 2nd . 15th July 2013 The annual DEF CON hacking convention has asked the federal government to abstain from this year’s meet for the first time...
Read more
Banking

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...
Read more
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...
Read more
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...
Read more
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...
Read more
Fintech

EU Backloading Bill Gets Nod of European Parliament

International Finance Desk
by International Finance Desk
Members of the European parliament voted in favor by 344 to 311, with 46 abstentions, of delaying the auction of 900 million carbon dioxide emission permits, a process termed as backloading. 8th July 2013 Prices of carbon on the market rose by 12 % after the European Parliament voted yesterday in favor of EU emissions...
Read more
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...
Read more
Fintech

Singapore Faces “Stiff Opposition” over Regressive Internet Rules

International Finance Desk
by International Finance Desk
The new regressive rules have been rebuked by Asia Internet Coalition (AIC) set up in 2011 by Google, Facebook, Yahoo and eBay to lobby for open access to the internet and promote e-commerce. 7th July 2013 Singapore’s move to tighten regulation of news web sites has attracted criticisms from unexpected quarters; large internet firms with...
Read more
Islamic Banking

London to Capitalize on Thriving Islamic Finance Market

International Finance Desk
by International Finance Desk
As of now nearly 25 law firms in the U.K offer Islamic finance expertise. The U.K. has three licensed Islamic banks, and 22 traditional banks now offer Islamic banking services. 5th July 2013 London is working hard for an increased share of the global Islamic finance market as the sector expands to a forecast $...
Read more