Global Banking News-September 12, 2017--Moody's maintains negative outlook for South African banks (C)2017 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 12 September 2017 Moody's Investor Services has said that it has maintained a negative outlook for commercial banks in South ... (Publication: Global Banking News (GBN))
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Moody's Maintains Negative Outlook for South African Banks
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East Cleveland Residential Housing Bonds Default
Byline: Nora Colomer DALLAS -- Although there were funds to cover interest on $5 million of residential housing bonds issued for an East Cleveland project, a majority of bondholders directed the trustee to file notice of default and future payments are in doubt. S&P Global ratings downgraded the ... (Publication: The Bond Buyer)
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A Smooth Ride for Toll Roads
Byline: Kyle Glazier PHOENIX - Toll road performance is having a smooth ride, Fitch Ratings said in a report released Monday. The agency's Peer Review of U.S. Toll Roads provides an annual snapshot of Fitch's U.S. toll roads portfolio. Fitch divides those ratings into two groups -- large networks ... (Publication: The Bond Buyer)
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Munis End Weaker Ahead of Sales
Byline: Chip Barnett Top-quality municipal bonds ended weaker on Monday, according to traders, who were looking ahead to a $7.42 billion new issue slate dominated by deals from New York City and Maryland. Secondary marketThe yield on the 10-year benchmark muni general obligation rose two basis ... (Publication: The Bond Buyer)
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Munis Weaken Ahead of $7.4B Slate
Byline: Chip Barnett Top-quality municipal bonds were weaker at mid-session, according to traders who were looking ahead to the week's $7.42 billion new issue slate, which will be dominated by big bond deals from New York City and Maryland. Secondary marketThe yield on the 10-year benchmark muni ... (Publication: The Bond Buyer)
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Abu Dhabi Global Market and Let's Talk Payments Lead Fintech Connectivity with New Partnership
Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, and Let's Talk Payments LLC (LTP) have formed an alliance to enhance the fintech ecosystem, and the growth and deployment of innovation in the Middle East and Africa (MEA) region, by opening the network and ... (Publication: CPI Financial)
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Credit Agricole Sells a 16.2 per Cent Stake in Banque Saudi Fransi
Credit Agricole S.A. announced that its subsidiary Credit Agricole Corporate & Investment Bank S.A. (CACIB) has signed an agreement with Kingdom Holding Company (KHC) whereby CACIB has agreed to sell a 16.2 per cent equity stake in Banque Saudi Fransi (BSF). The total consideration amounted to ... (Publication: CPI Financial)
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Layne Christensen Reports Q2 Fiscal 2018 Financial Results
International Resource News-September 12, 2017--Layne Christensen reports Q2 fiscal 2018 financial results (C)1994-2017 ENPublishing - httpwww.enpublishing.co.uk International Resource News - 12 September 2017 Layne Christensen Company (NASDAQ: LAYN), a global water management, infrastructure ... (Publication: International Resource News (IRN))
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Warburg Pincus Acquires 49 Percent Stake in Fortune SG from Societe Generale
Global Banking News-September 12, 2017--Warburg Pincus acquires 49 percent stake in Fortune SG from Societe Generale (C)2017 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 12 September 2017 Warburg Pincus, a global private equity firm focused on growth investing, and Societe ... (Publication: Global Banking News (GBN))
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Goldman Offers Funding to Neyber
Global Banking News-September 12, 2017--Goldman offers funding to Neyber (C)2017 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 12 September 2017 Goldman Sachs (NYSE: GS) has said that it has offered funding to UK-based fintech firm, Neyber. The firm said that it has backed the UK ... (Publication: Global Banking News (GBN))
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European Regulators Step Up Hiring in Anticipation of Brexit
Global Banking News-September 12, 2017--European regulators step up hiring in anticipation of Brexit (C)2017 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 12 September 2017 Europe's regulators are increasing their headcount in order to prepare for Brexit. Regulators expect an ... (Publication: Global Banking News (GBN))
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Silk Bank to Expand Islamic Banking
Global Banking News-September 12, 2017--Silk Bank to expand Islamic banking (C)2017 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 12 September 2017 (c)2005 - Electronic News Publishing - httpwww.enpublishing.co.uk Pakistan-based Silk Bank has said that it is to expand its Islamic ... (Publication: Global Banking News (GBN))
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ING Supervisory Board Member to Step Down
Global Banking News-September 12, 2017--ING Supervisory Board member to step down (C)2017 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 12 September 2017 ING (INGA.AE) (NYSE: ING) (ING.AS) has said that Ann Sherry will resign from the Supervisory Board of ING Group on September ... (Publication: Global Banking News (GBN))
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First BanCorp. Declares Preferred Stock Dividends
Global Banking News-September 12, 2017--First BanCorp. declares preferred stock dividends (C)2017 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 12 September 2017 First BanCorp. (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, has said that its board of directors ... (Publication: Global Banking News (GBN))
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Bandhan Bank Hires Banks for IPO
Global Banking News-September 12, 2017--Bandhan Bank hires banks for IPO (C)2017 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 12 September 2017 India-based Bandhan Bank has said that it has hired banks for an IPO. The private sector lender said that it is hiring five lead ... (Publication: Global Banking News (GBN))
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Iceland's PM Predicts Another Banking Crisis
Global Banking News-September 12, 2017--Iceland's PM predicts another banking crisis (C)2017 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 12 September 2017 Iceland's PM has predicted another banking crisis for the nation. PM, Bjarni Benediktsson, has predicted the crisis, even ... (Publication: Global Banking News (GBN))
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BOK International UAE Embraces iMAL Islamic Core Banking System
Path Solutions announced today that Bank of Khartoum Group signed a licence to acquire the new ground-breaking version of iMAL Islamic core banking system for its newly established branch in the United Arab Emirates - BOK International UAE. iMAL latest version offers an advanced and agile banking ... (Publication: CPI Financial)
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Tennessee School Bond Authority Prices $402 Million Deal Tuesday
Byline: Shelly Sigo BRADENTON, Fla. -- Tennessee officials hope a lack of available state paper boosts demand for its upcoming $402 million new money and refunding deal. The Tennessee State School Bond Authority will price the negotiated deal Tuesday, with Citi as the book-runner and senior ... (Publication: The Bond Buyer)
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Weekly T-Bills Go at 1.035%, 1.140% High Rates on Sept. 11
Byline: Gary Siegel Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were higher, as the three-months incurred a 1.035% high rate, up from 1.020% the prior week, and the six-months incurred a 1.140% high rate, up from 1.115% the week before. Coupon equivalents ... (Publication: The Bond Buyer)
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Neighborly, Court Street Group Launch Commentary Service
Byline: Kyle Glazier PHOENIX - Neighborly and Court Street Group have formed a joint commentary service focusing on public infrastructure, socially positive investments and municipal bonds. The San Francisco-headquartered broker-dealer and the Brooklyn-based consulting group announced the new ... (Publication: The Bond Buyer)
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