Gulf Finance House Denies Reports of Suspension of Acting CEO
Gulf Finance House (GFH) has issued a statement denying regional press reports regarding the suspension of the firm's Acting CEO Hisham Alrayes. The company said, "GFH would like to clarify to its...
View ArticleIslamic Economics Has the Answer, Said Malaysian Minister
Making the keynote address at the 2nd International Conference on Islamic Economics and Economies of the OIC Countries (ICIE2013) in Kuala Lumpur on 29 January, Malaysian Second Finance Minister Datuk...
View ArticleWashington Facilities Naming Rights on the Block
Byline: Randall Jensen A bill has been introduced in the Washington state Legislature to sell the naming rights for public facilities. State Rep. Jan Angel, R-Port Orchard, put forward legislation that...
View ArticleS&P: Rating on California's GO Debt Raised to A on Improved Fiscal and Cash...
Standard & Poor's Ratings Services raised to 'A' from 'A-' the long-term ratings and underlying ratings (SPURs) on California's $73.1 billion in general obligation (GO) bonds and $1.9 billion in...
View ArticleNew Chair Wants to Raise NFMA Profile
Byline: Jonathan Hemmerdinger Jeffrey Burger, the new chairman of the National Federation of Municipal Analysts, worries that one of the biggest threats to municipal analysis may be complacency about...
View ArticleOkaloosa Co. School, Fla., GOs Upgraded to AA-Plus by Fitch
Fitch Ratings said it has upgraded the Okaloosa County School Board, Fla.'s implied general obligation rating to AA-plus from AA; its $2.8 million refunding and revenue bonds, series 2011 (state sales...
View ArticleRochdale in Limbo amid Probe
Byline: Gregg Wirth The fate of embattled Rochdale Securities is up in the air. The Stamford, Conn., brokerage continues to seek an injection of fresh capital as it awaits resolution of a federal...
View ArticleGoing Global; J.P. Morgan Consolidates Multiple Asset Trading Systems into One
Byline: Tom Steinert-threlkeld JPMorgan Chase's corporate and investment bank has begun to roll out a technical platform designed to consolidate 30 different trading systems into one. The "first wave...
View ArticleWells Optimistic despite Decline, Wholesale Exit
Byline: Bonnie Sinnock Wells Fargo executives are still optimistic about originations, even though the company suffered a sequential quarterly decline they attributed to its exit from the wholesale...
View ArticleHousing Optimism Grows, Prices Could Rise Awhile
Byline: Brian Collins Economists are becoming more optimistic about the housing market and a recent survey finds that house prices will likely rise by at least 3% annually through 2017. The S&P...
View ArticleNeed to Know What the Problems Are
Byline: Brad Finkelstein While having an effective quality control program in place is important, the first order of business is actually knowing where the problems are. This knowledge makes sure your...
View ArticleLO Comp Rules Drop the Zero-Zero Option
Byline: Brian Collins The Consumer Financial Protection Bureau definitely listened to the mortgage industry in finalizing the loan officer compensation rule and dropped the idea of requiring lenders to...
View ArticleReits Grab the Spotlight; Experts Are Banking on Continued Strong Performance...
Byline: Elizabeth Wine As the U.S. economy continued its sluggish recovery last year and markets continued to improve, one of the brightest spots was the sector that triggered the financial...
View ArticleRegulatory Forecast Bodes Change; Advisors Could See Talks on Oversight and a...
Byline: Kenneth Corbin Over the coming year, financial regulators are expected to press ahead with scores of rulemaking proceedings that will affect advisors and their clients. Lawmakers will continue...
View ArticleLobbyists Bring Home Provisions Lenders Want
Byline: Brian Collins As negotiators worked late into the night to craft a deal to avoid the fiscal cliff, business lobbyists were working Capitol Hill to ensure their cherished tax provisions were...
View ArticleBP Bonanza
[ILLUSTRATION OMITTED] In a legal industry beset by the recession and pressures to become more efficient, a notable niche of growth has involved the final settlement of the BP oil spill. "My firm is...
View ArticleClouds in the Forecast: Accesso Leveraged Cloud Storage and Mobile...
[ILLUSTRATION OMITTED] Once upon a time, a trip to an amusement park typically began with a wait in line to buy tickets at the ticket booth-the first of many waits. In 2002, as airlines began to...
View ArticleLandlord Inc.: Big Investment Firms Are Buying Florida Single-Family...
As of late 2012, five years after the real estate crash bottomed out, there were still more than 300,000 foreclosed homes in Florida and another 250,000 or so bank-owned properties, called REOs. In...
View Article3 Leaders Offer Tips
Back to Basics * You really have got to go back to basics and be efficient in how you employ your working capital and watch your expenses. You can't be making mistakes now in business. * Since it's...
View ArticleGulf Tourism and Seafood Promotional Fund
NORTHWEST FLORIDA -- Escambia and Santa Rosa counties received $7.5 million in the $10.6-million first round of BP's Gulf Tourism and Seafood Promotional Fund. Major regional two-year tourism awards...
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