Regional Firms Face Pressure on Price
Byline: Nassim Khadem Jan 24, 2013 (BRW - ABIX via COMTEX) -- Second-tier accounting firms in large Australian cities are increasingly competing on price with regional rivals, according to Stephen...
View Article-Indian Central Bank Increases FII Limit in Govt Securities and Corporate Bonds
Global Banking News-January 24, 2013--Indian central bank increases FII limit in govt securities and corporate bonds(C)2013 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 24 January...
View Article-NZ Loan-to-Deposit Ratio Highest among Asia Pacific Countries
Global Banking News-January 24, 2013--NZ loan-to-deposit ratio highest among Asia Pacific countries(C)2013 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 24 January 2013 A chart in the...
View Article-Comments from Bank of Canada Take out Value of Dollar
Global Banking News-January 24, 2013--Comments from Bank of Canada take out value of dollar(C)2013 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 24 January 2013 The Canadian dollar...
View ArticleIllinois Toll Agency Picks Underwriters
Byline: Yvette Shields CHICAGO -- The Illinois State Toll Highway Authority board on Thursday approved two financial teams made up of 10 firms each to underwrite roughly $1 billion of toll-backed...
View ArticleMarket Post: Leftover Balances Continue to Pressure Market
Byline: Taylor Riggs The tax-exempt market showed small signs of weakening Thursday as traders noted balances leftover from deals put pressure on the market. "Munis are giving up a little, but not...
View ArticleTreasury Indexed 10-Year TIPs Go at -0.630% High Yield
Byline: Gary Siegel The Treasury Department sold $15 billion of inflation-indexed 10-year TIPs at a negative 0.630% yield, an adjusted price of 107.505925, with a 1/8% coupon. The bid-to-cover ratio...
View ArticleMoody's Junks More Than $300 Million of Fresno, Calif., Debt
Byline: Rich Saskal ALBANY, Calif. -- Moody's Investors Service downgraded more than $300 million in Fresno, Calif., debt to speculative grade late Wednesday. The agency downgraded to Ba1 from Baa2...
View ArticleWenatchee, Wash., Ratings Changed by Moody's
Moody's Investors Service said it has upgraded the city of Wenatchee, Washington's unlimited tax general obligation rating to Ba1 from Ba2 and its limited tax rating to B1 from B2. At this time,...
View ArticleUBS Chairman Proposes Industry-Wide LIBOR Settlement
DAVOS, Switzerland (Reuters) - UBS Chairmanraised the possibility of an industry-wide settlement for the rest of the banks involved in the LIBOR rate fixing scandal at a meeting of top bankers in...
View ArticleHedge Funds Jostling to Bet against France's Peugeot
LONDON (Reuters) - Hedge fund short-sellers have hoovered up nearly all available shares in Peugeot in their scramble to bet the French carmaker will be an early victim in an industry struggling to...
View ArticleLondon's West End Overhauls Hong Kong Central as Priciest Office Market
LONDON (Reuters) - London's West End, the home of Britain's hedge fund industry, overtook Hong Kong's Central district as the world's costliest office location in 2012 as budget-conscious firms scaled...
View ArticleDubai Bond and Sukuk Success First Action in MENA Capital Markets for 2013
Emirates News Agency WAM reports the Government of Dubai, acting through the Department of Finance, opened the first issue of the year in the MENA capital markets with a dual-tranche landmark...
View ArticleA.M. Best Withdraws Ratings of Islamic Arab Insurance Co. (Salama)
A.M. Best Europe - Rating Services Limited has downgraded the financial strength rating to B++ (Good) from A- (Excellent) and issuer credit rating to "bbb+" from "a-" of Islamic Arab Insurance...
View ArticleOman's Bank Nizwa Reports Maiden Quarterly Results
Bank Nizwa reports initial results for the quarter to end-December 2012. Although the bank did not officially open its doors to the public until 10 January 2013, it carried out a soft opening on 23...
View ArticleAfrica the World's Second Fastest Economy, to Grow 5.3 per Cent in 2013
Africa is already the world's second fastest growing economy after expanding five per cent a year in the past two years, well above the global average, and Africa's GDP is on track to grow by 5.3 per...
View ArticleQatar Exchange CEO Highlights Investment Opportunities in QE Trading
Rashid bin Ali Al Mansoori, CEO of Qatar Exchange, has underlined the importance of the unique investment opportunities available through trading in the Qatari financial market in light of the growth...
View ArticleUAE Exchange, BRAC Bank Partner on FLASHremit Facility in Bangladesh
UAE-based Bangladeshi expats can now send money to bank accounts in Bangladesh in real time. FLASHremit, from UAE Exchange, enables instant bank credit. Both sender and receiver get an SMS each, the...
View ArticleRTMs to 'Transform' Branch Banking
Branch banking is set to be transformed by claims KAL with 's revolutionary new cashless retailer teller machines (RTMs) .As banks strive to reduce costs and improve customer service at the branch, KAL...
View ArticleBank of America Forms Global Advisory Council
Bank of America has announced the formation of the Bank of America Global Advisory Council with the appointment of 13 internationally recognised business, academic and public policy leaders. The Global...
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