An Oracle and Harvard Business Review (HBR) study predicts that the soon-to-be implemented VAT in Gulf Cooperation Council (GCC) countries is expected to initiate a massive wave of digital transformation as businesses prepare to ensure compliance with the new tax law. The study that is based on a ... (Publication: CPI Financial)
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Cloud Based ERP Solutions a Faster Approach to VAT Compliance
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MEBAA Launches Insurance Product
The Middle East and North Africa Business Aviation Association (MEBAA) has announced the launch of MEBAA Insurance to offer its members a suite of insurance products alongside the aviation product. Developed by MEBAA in partnership with RFIB, one of the leading London market reinsurance brokers and ... (Publication: CPI Financial)
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Treasury Resumes SLGS Sales for Muni Issuers
Byline: Lynn Hume WASHINGTON -- The Treasury Department resumed sales of state and local government series securities for tax-exempt bond issuers at noon on Monday. The department had suspended SLGS sales more than six months ago on March 8, 2017 when it began taking extraordinary measures as the ... (Publication: The Bond Buyer)
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Upgrade for Philadelphia School District
Byline: Andrew Coen Improved reserve levels helped provide the School District of Philadelphia with its first bond rating upgrade in seven years. Moody's upgraded the nation's ninth largest public school system one notch to Ba2 from Ba3 late Friday citing "considerable improvement in the district's ... (Publication: The Bond Buyer)
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Texas MUDs Have Money to Withstand Harvey
Byline: Richard Williamson DALLAS -- Hundreds of Texas municipal utility districts recovering from Hurricane Harvey will not see their credit ratings immediately affected, according to S&P Global Ratings. The longer-term impact of the storm is less certain. "The largest potential long-term rating ... (Publication: The Bond Buyer)
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Softened Sanctions on North Korea and Fading Irma Concerns Sends S&P 500 to Record High
Investors returned from the weekend with a high appetite for risk assets, sending the S&P 500 to a new record high on Monday, with global equities edging higher across the board, writes Hussein Sayed, Chief Market Strategist at FXTM. Risk-on trading was driven by two factors; the absence of ... (Publication: CPI Financial)
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United Bankshares to Attend Investor Meetings
Global Banking News-September 12, 2017--United Bankshares to attend investor meetings (C)2017 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 12 September 2017 (c)2005 - Electronic News Publishing - httpwww.enpublishing.co.uk United Bankshares Inc. (NASDAQ: UBSI) has said that it ... (Publication: Global Banking News (GBN))
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Opus Bank Names MD, Head of Media, Entertainment and Business Services - Merchant Banking
Global Banking News-September 12, 2017--Opus Bank names MD, head of Media, Entertainment and Business Services - Merchant Banking (C)2017 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 12 September 2017 Opus Bank (NASDAQ: OPB) has said that it has appointed Evan Klein as managing ... (Publication: Global Banking News (GBN))
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Investcorp Adds Deepak Parekh to International Advisory Board
Bahrain-based Investcorp, has announced that Deepak Parekh, Chairman of HDFC Limited, Indian's leading Financial Services conglomerate, has been appointment to Investcorp's International Advisory Board. Commenting on the appointment, Mohammed Alardhi, Executive Chairman of Investcorp, said, "It is ... (Publication: CPI Financial)
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ADCB Provides Automated Cash Management Solution for Ali & Sons
Ali & Sons Holding leads innovation after it announced its partnership with Abu Dhabi Commercial Bank (ADCB) in launching a fully automated cash management solution for the company. Through ADCB's management solutions, Ali & Sons will have access to extensive services including credit online ... (Publication: CPI Financial)
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Norway Central Bank Survey Predicts Fall in Output Growth
Global Banking News-September 12, 2017--Norway central bank survey predicts fall in output growth (C)2017 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 12 September 2017 Norway's central bank has predicted a fall in output growth, according to Reuters. The central bank said that ... (Publication: Global Banking News (GBN))
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Standard Bank Scraps Co-CEO Role
Global Banking News-September 12, 2017--Standard Bank scraps co-CEO role (C)2017 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 12 September 2017 South Africa-based Standard Bank announced on Tuesday that it has scrapped its joint-CEO structure. The move will see Sim Tshabalala ... (Publication: Global Banking News (GBN))
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Yorkshire Bank to Lend to West Midlands SMEs
Global Banking News-September 12, 2017--Yorkshire Bank to lend to West Midlands SMEs (C)2017 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 12 September 2017 UK-based Yorkshire Bank has said that it has committed funds to lend to SMEs in West Midlands as part of its expansion ... (Publication: Global Banking News (GBN))
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Florida Community Bank Opens for Business
Global Banking News-September 12, 2017--Florida Community Bank opens for business (C)2017 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 12 September 2017 Florida Community Bank (NYSE: FCB) has said that its select FCB banking centres in Miami-Dade, Broward, Palm Beach, Collier ... (Publication: Global Banking News (GBN))
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First State Bank Hires VP for Commercial Lending
Global Banking News-September 12, 2017--First State Bank hires VP for commercial lending (C)2017 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 12 September 2017 First State Bank has said that it has hired a vice president for commercial lending. The firm said that it has hired ... (Publication: Global Banking News (GBN))
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Finova Raises Funding
Global Banking News-September 12, 2017--Finova raises funding (C)2017 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 12 September 2017 India-based non-banking financial company, Finova Capital Pvt Ltd, has said that it has raised funding. The firm is to raise an undisclosed amount ... (Publication: Global Banking News (GBN))
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National Australia Bank Predicts Rate Increase
Global Banking News-September 12, 2017--National Australia Bank predicts rate increase (C)2017 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 12 September 2017 National Australia Bank (NAB: ASX) has said the Australian central bank could increase rates in the nation. The bank said ... (Publication: Global Banking News (GBN))
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Goldman Sachs Says Irma Could Have Sizeable Impact on US Economy
Global Banking News-September 12, 2017--Goldman Sachs says Irma could have sizeable impact on US economy (C)2017 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 12 September 2017 Analysts at Goldman Sachs (NYSE: GS) have said that Hurricane Irma could have a sizeable impact on ... (Publication: Global Banking News (GBN))
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Irish Central Bank Says Mortgage Arrears Are Falling
Global Banking News-September 12, 2017--Irish central bank says mortgage arrears are falling (C)2017 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 12 September 2017 The Irish central bank has said that mortgage arrears are dropping in the nation. The bank said that arrears among ... (Publication: Global Banking News (GBN))
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BB&T Offers Donation to Hurricane Irma Relief Efforts
Global Banking News-September 12, 2017--BB&T offers donation to Hurricane Irma relief efforts (C)2017 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 12 September 2017 BB&T Corporation (NYSE: BBT) has said that it will donate USD500,000 to help support Hurricane Irma disaster relief ... (Publication: Global Banking News (GBN))
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