Chicago Treads Cautiously as It Reconsiders a Midway Airport Lease
Byline: Yvette Shields CHICAGO a Chicago Mayor Rahm Emanuel's announcement Friday that the city would explore leasing Midway International Airport to private operators came with a full-court press to...
View ArticleRAM Ratings Reaffirms AA3/P1 Ratings of Naim's Islamic Debt Issues with...
RAM Ratings has reaffirmed the respective 3 and P1 ratings of Naim Holdings Berhad's MYR 500 million Islamic Medium-Term Notes Programme (2010/2025) and MYR 100 million Islamic Commercial Papers...
View ArticleSaudi Banks Profits to Remain High despite Provisioning
Despite high provisioning, NBK Capital says Saudi banks have maintained relatively high profitability for 2012E. "We revise our profit CAGR for 2011-16E down from 14.5 per cent to 12.1 per cent due to...
View ArticleRAM Ratings Assigns Preliminary AAA Rating to UMW's Proposed Sukuk
RAM Ratings has assigned a preliminary A long-term rating to UMW Holdings Berhad's proposed MYR 2 billion Islamic Medium-Term Notes Programme (2012/2027); the rating has a stable outlook. UMW is an...
View Article-Credit Suisse Says Financial Markets to Stabilise in 2013
Global Banking News-December 24, 2012--Credit Suisse says financial markets to stabilise in 2013(C)2012 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 24 December 2012 Analysts at...
View Article-UBS Appoints Banker to Head M&A in the Americas
Global Banking News-December 24, 2012--UBS appoints banker to head M&A in the Americas(C)2012 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 24 December 2012 UBS AG (NYSE: UBS) has...
View Article-Argentine Central Bank Expects Increase in Growth
Global Banking News-December 24, 2012--Argentine central bank expects increase in growth(C)2012 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 24 December 2012 The central bank of...
View ArticleADIB Enters Sudan
Abu Dhabi Islamic Bank (ADIB) today announced the expansion of its regional footprint by launching its branch in Khartoum in Sudan It becomes the first UAE-based Islamic financial institution to...
View Article-US Unit of Chinatrust Bank Appoints Menai as CEO
Global Banking News-December 24, 2012--US unit of Chinatrust Bank appoints Menai as CEO(C)2012 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 24 December 2012 The Chinatrust Bank (TPE:...
View Article-MountainOne to Unite Its Banking Operations under One Charter
Global Banking News-December 24, 2012--MountainOne to unite its banking operations under one charter(C)2012 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 24 December 2012 MountainOne...
View Article-Halifax Seeks Advice on Possible Compensation Due to Customers
Global Banking News-December 24, 2012--Halifax seeks advice on possible compensation due to customers(C)2012 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 24 December 2012 Halifax,...
View Article-Dubai's Du Secures USD500m Club Debt Facility
Global Banking News-December 24, 2012--Dubai's du secures USD500m club debt facility(C)2012 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 24 December 2012 The Emirates Integrated...
View ArticleStates Win and Lose in Tobacco Settlement, Analysis Shows
Byline: Shelly Sigo BRADENTON, Fla. - Some state attorneys general are hailing settlements with major tobacco companies that resolve a dispute over $8 billion in payments since 2003, but a bond expert...
View ArticleLast Week of 2012 to End with Paltry Issuance
Byline: Taylor Riggs The tradition of extremely low issuance for the week between Christmas and New Year's continues this December as the municipal bond market should see paltry activity next week....
View ArticleMarket Post: Munis Slightly Firmer as Trading Slows
Byline: Taylor Riggs The tax-exempt market showed major signs of slowing as the weekend approached and traders left for the holidays. "It's extremely quiet today," a Virginia trader said. "Especially...
View ArticleWells Fargo Files Suit against Georgia Charter School Trio
Byline: Shelly Sigo BRADENTON, Fla.A a Wells Fargo Bank NA has filed a suit in federal court for breach of contract against three Georgia charter schools that are in default on $18.93 million of...
View ArticleD.C. Ballpark Bonds Upgraded
Byline: Robert Slavin Moody's Investors Service upgraded District of Columbia senior ballpark revenue bonds to A2 from A3 and subordinate bonds to A3 from Baa1 on Wednesday. There is $512.8 million in...
View ArticleTask Force: New Jersey Must Change
Byline: Robert Slavin A national task force has recommended New Jersey improve its budget process. The State Budget Crisis Task Force released a report on budget challenges facing states in July and...
View ArticleDurable Goods Orders Up 0.7% in November; Ex-Transportation Rise 1.6%
Byline: Kyle Glazier WASHINGTONA a New orders for manufactured durable goods rose 0.7% to $220.9 billion in November, the Commerce Department reported Friday. The increase followed a revised advance of...
View ArticleKansas City Fed Mfg Survey: Activity Declines
Byline: Gary Siegel Manufacturing activity in the Federal Reserve Bank of Kansas City's region "activity declined further in December, though by smaller amount than in October or November," according...
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