Wealth Management Archives - Page 27 of 67

Americans being served cards with chips

International Finance DeskNovember 4, 2014

by International Finance DeskNovember 4, 2014

Following several breaches, US companies are forced to offer credit cards with greater security features Tom Groenfeldt November 4, 2014: The US is the last country with paved roads to adopt EMV, said Thad Peterson, senior analyst at the Aité Group, passing along a quip he had heard. That’s changing — almost all the new...

Banking

Headline: Bank Sohar net profit soars by 31.14%

International Finance DeskOctober 31, 2014

by International Finance DeskOctober 31, 2014

Acting CEO says the bank has grown from strength to strength Muscat, October 31, 2014: Bank Sohar registered an increase in net profit by 31.14%. The net profit amount stood at OMR23.749mn as on September 30,2014. The net interest income saw a jump of 15.06%, increasing from OMR 31.842mn in Q3 of last year to...

Business Leaders

Is there something like better tobacco?

International Finance DeskOctober 31, 2014

by International Finance DeskOctober 31, 2014

Biotechnology firm opens up new opportunities for the multi-billion dollar market David Drake October 31, 2014: As the biotech firm 22nd Century Group, Inc. (NYSE MKT: XXII) rang the closing bell on the New York Stock Exchange last Thursday, the multi-billion dollar tobacco industry is at the threshold of this firm’s biotechnological efforts as it...

Fintech

Should you trust mobile banking?

International Finance DeskOctober 30, 2014

by International Finance DeskOctober 30, 2014

It’s helpful provided you are careful on how you use access to the internet Tim Ring October 30, 2014: Our plummeting faith in new technology was starkly illustrated last year by the Russian secret service. In the wake of whistleblower Edward Snowden’s revelations of mass electronic spying by the Americans, the Kremlin agency tasked with...

Business Leaders

Bolivia’s Evo Morales wins a third consecutive term

International Finance DeskOctober 17, 2014

by International Finance DeskOctober 17, 2014

Left-leaning president, an Aymara Indian and a former coca farmer, becomes the longest serving leader and incumbent head of state in the Andean country Kamilia Lahrichi October 17,2014:Since his first election in 2005, Evo Morales has propelled economic growth in what was once one of the worst performing economies in Latin America, and enacted redistributive...

Business Leaders

CFOs looking after more than just finance

International Finance DeskOctober 17, 2014

by International Finance DeskOctober 17, 2014

Nowadays, companies expect them to have the ability to manage volatility, navigate complexity among other things Suparna Goswami Bhattacharya October 17, 2014: When someone mentions “CFO”, the first thing to hit the mind is – a guy managing finance in a company. However, with time, the role of the CFO has evolved. Today if you...

Islamic Banking

Three Malaysia banks announce merger

International Finance DeskOctober 14, 2014

by International Finance DeskOctober 14, 2014

The combined entity will become South East Asia’s fourth largest commercial lender and Islamic bank IFM Correspondent October 14, 2014: CIMB Group Holdings Berhad, RHB Capital Berhad and Malaysia Building Society Berhad announced on October 9, 2014 that an application has been made to the country’s central bank seeking approval for its proposed three-way merger....

Finance Wealth Management

Gold trading: To do or not to do

International Finance DeskOctober 10, 2014

by International Finance DeskOctober 10, 2014

Many investment experts are sceptical, but interest is increasing Suparna Goswami Bhattacharya October 10,2014:The yellow metal traditionally has caught the fancy of many — be it in the form of bars, or in the form of Exchange-Traded Fund (ETFs). Stocks and shares remain the best form of investment for many, but gold has been...

Business Leaders

Internet should not be a privilege of the rich: Mark Zuckerberg

International Finance DeskOctober 9, 2014

by International Finance DeskOctober 9, 2014

Facebook will create $1 million fund to help develop apps for farmers, women and migrants IFM Correspondent October 9, 2014: Seeing exponential growth potential for Facebook in India, its co-founder Mark Zuckerberg said he will discuss with Prime Minister Narendra Modi ways to connect villages with the digital world. He is excited about helping the...

Business Leaders

Citi appoint new CEO for Citibank Malaysia

International Finance DeskOctober 8, 2014

by International Finance DeskOctober 8, 2014

Lee Lung Nien will report to Citi’s head of Asean Michael Zink IFM Correspondent October 8, 2014: Citigroup has appointed Lee Lung Nien as the new CEO of its wholly owned unit Citibank Bhd. Lee will have overall responsibility for Citi’s franchise in Malaysia, including its institutional clients group, and the consumer banking, cards and...