IRS to Focus on Abusive Transactions in 2013
WASHINGTON -- The Internal Revenue Service's tax-exempt bond office plans to continue to invest significant resources in identifying abusive transactions in the municipal bond market in 2013. Four IRS...
View ArticleNevada Agencies' Budget Requests Exceed Limits
Byline: Keeley Webster Nevada's state agencies surpassed a cap placed on budget requests by Gov. Brian Sandoval by $419 million, 6.5% higher than the governor's spending limits, according to the Las...
View ArticleMoody's Downgrades Santa Barbara COPs and Revenue Bonds
Byline: Keeley Webster Moody's Investors Service affirmed Santa Barbara, Calif.'s Aa2 issuer rating, but downgraded to A1 from Aa3 the ratings for the city's 2002 certificates of participation and its...
View ArticleJordan Ahli Bank Discussion Forum Targets Women Managing SMEs
In collaboration with the European Bank for Reconstruction and Development, Jordan Ahli Bank organised a discussion forum for women managing small and medium enterprises (SMEs). The event targeted...
View ArticleMarket Post: Munis Start Morning Slightly Stronger in the Belly
Byline: James Ramage The municipal market faces another day of modest trading and trace elements of issuance reaching the primary. In the secondary, though, there is activity in the intermediate part...
View ArticleMARC Affirms, Upgrades Tele-Flow Capital IMTN Facilities
MARC has affirmed its ratings of MARC-1ID/ID on Tele-Flow Capital MYR 90 million Murabahah Underwritten Notes Issuance (MUNIF)/Islamic Medium Term Notes (IMTN) Facility (Senior Notes) and concurrently...
View ArticleUAE Banks' Provisions Down for First Time in Four Years
UAE banks slightly reduced bad loan provisions in October for the first time since they launched a provisioning drive to strengthen their financial position in the wake of the 2008 global financial...
View ArticleRAM Ratings Withdraws Ratings of RH Capital's Class B Sukuk Ijarah and CP/MTN
RAM Ratings has received confirmation that RH Capital Sdn Bhd (RH Capital) had redeemed its remaining MYR 5 million Class B Sukuk Ijarah on 21 December 2012. The ompany's MYR 50 million Sukuk Ijarah...
View Article-Barclays Expecting Growth in Taiwan
Global Banking News-December 28, 2012--Barclays expecting growth in Taiwan(C)2012 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 28 December 2012 Barclays Plc (LSE: BARC) has said that...
View Article-Goldman Purchasing Shares of Japanese Exporters
Global Banking News-December 28, 2012--Goldman purchasing shares of Japanese exporters(C)2012 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 28 December 2012 Goldman Sachs (NYSE: GS)...
View Article-FINRA Fines Banks
Global Banking News-December 28, 2012--FINRA fines banks(C)2012 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 28 December 2012 The Financial Industry Regulatory Authority (FINRA) has...
View Article-Finance Ministry Official Says Ulyukayev Could Be Chosen to Head the Central...
Global Banking News-December 28, 2012--Finance ministry official says Ulyukayev could be chosen to head the central bank of Russia(C)2012 ENPublishing - httpwww.enpublishing.co.uk Global Banking News -...
View Article-Banco Popular Enters into Agreement with EVO
Global Banking News-December 28, 2012--Banco Popular enters into agreement with EVO(C)2012 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 28 December 2012 Banco Popular has entered...
View ArticleBofA: $34B of Healthcare Bonds Expected in 2013
Byline: Tonya Chin LOS ANGELES -- The rise in bond issuance from the healthcare industry this year is expected to continue in 2013, with healthcare bond volume totaling an estimated $34 billion,...
View ArticleHouston Community College District Offers $300M of GO Bonds
Byline: Richard Williamson DALLAS -- The Houston Community College District will start the year with a $300 million issue of general obligation bonds, two months after voters approved $425 million of...
View ArticleMarket Post: The Belly of the Muni Yield Curve Is Still Seeing Activity
Byline: James Ramage Moderate trading in the secondary market continues to characterize an otherwise quiet session for the municipal market Thursday. Some market participants have noticed relatively...
View ArticleResults of Negotiated Sales
ALABAMA Montgomery County Public Building Authority Dec 17, 2012 . . . . . . $9,985,000 Revenue Refunding Warrants (Montgomery County Facilities Project), Series 2012 (book entry) Dated Dec 1, 2012....
View ArticleNoor Islamic Bank Reveals Winner of 'Shape Your Bank'
Noor Islamic Bank has named NurulIksan from Bali, Indonesia, as winner of the grand prize of its global 'Shape Your Bank' challenge. The winner takes home $20,000 in cash for offering the best idea to...
View ArticleUAE, Saudi Arabia and Egypt among Top 40 Most Competitive Manufacturers
Over the next five years, 20th-century manufacturing advocates like the US, Germany and Japan will be challenged to maintain their competitive edge to emerging nations such as China, India and Brazil,...
View ArticleMalaysia's Islamic Finance Sector to Continue to Grow in 2013
With a new legislative framework on the way, Islamic banking and finance is set to continue its growth trajectory in Malaysia next year despite the outlook of a challenging year ahead and a slowdown in...
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