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Tag Archives: banks

Are The Big Banks In A Boring Stage?

[unable to retrieve full-text content] … at the banks’ different businesses — corporate and investment banking is not a … retail banks.” Then Mr. Armstrong adds, “Investors’ enthusiasm for stable retail banking … dramatic pullback in the commercial banking system, which produced another depression …… Banking Industry News

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Banks Offer Hope for Trading Turnaround After 6-Month Slump

U.S. banks think a Wall Street revival is coming. Executives cited a good start to April and the expectation of several large initial public offerings in coming months to offer hope after a rough start to 2019 for their capital-markets businesses. The five largest Wall Street firms’ trading and investment banking revenue both fell in back-to-back quarters, the first time ...

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New Zealand banks make more money than global peers

New Zealand banks are some of the most profitable in the world, a ratings house says. Fitch Ratings has completed its peer review of the country’s major banks. It found they were delivering high profits by international standards and that was expected to continue over the next year or two, despite slowing growth. It also said it expected New Zealand’s ...

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Eurasian council of central banks reviews cooperation in finance

<!–Фото: Казинформ, Мухтар Холдорбеков–> MINSK. KAZINFORM – Cooperation in the finance and banking sectors was reviewed at the 40th meeting of the Eurasian council of central (national) banks in the town of Mir, Grodno Oblast, BelTA learned from the information and public relations department of the National Bank of Belarus.  The meeting was attended by representatives of the… Banking Industry ...

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Banks Offer Hope for Trading Turnaround After 6-Month Slump

U.S. banks think a Wall Street revival is coming. Executives cited a good start to April and the expectation of several large initial public offerings in coming months to offer hope after a rough start to 2019 for their capital-markets businesses. The five largest Wall Street firms’ trading and investment banking revenue both fell in back-to-back quarters, the first time ...

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Proposed federal change has developers cheering, mitigation banks cautious

Baton Rouge’s development community is showing support for the Trump Administration’s proposed revamp of the Waters of the United States rule, which would redefine what areas are considered federally regulated “waters of the United States.” Less enthusiastic, however, is the mitigation banking sector, which allows developers to buy credits in land bank sites to offset the loss of wetlands they ...

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Spending GHC15b to collapse banks senseless – Former minister

Business News of Wednesday, 17 April 2019 Source: 3news.com 2019-04-17 Ernest Addison is the Governor of the Bank of Ghana A former deputy minister for Trade and Industry, Murtala Ibrahim Mohammed, has said it was a senseless decision for the government to spend huge sums of money, claiming to be up GH¢18 billion, to clean the banking sector. The action ...

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Banks must reflect IL&FS NPAs, RBI tells NCLAT

NEW DELHI: Banks must reflect defaults of Infrastructure Leasing & Financial Services Group companies as non-performing assets in their accounts, the Reserve Bank of India said in a submission to the National Company Law Appellate Tribunal, seeking a modification of its previous order. NCLAT had in February prohibited banks from recognising any IL&FS group accounts as… Banking Industry News

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