Latest News for: Banking asset


Sterling Bank Retains “BBB+” Rating with Positive Outlook

This Day 29 Nov 2022
Sterling Bank ... “The Bank also has strong Liquidity coverage for the mismatch in the maturity profiles of its deposit and loans, the liquid assets of the Bank provide adequate cushion resulting in Net Liquidity Surplus of N63.5b in the long-term.,” The statement said.

JPMorgan Expects Major Changes Coming to Crypto Industry and Regulation Post FTX Collapse

Bitcoin 29 Nov 2022
The global investment bank envisages several new regulatory initiatives, including those focusing on custody, customer asset protection, and transparency ... Global investment bank JPMorgan published a report Thursday outlining major changes it expects to happen in the crypto industry following the collapse of cryptocurrency exchange FTX.

Banks’ income, assets flourish in 1HCY22

Dawn 29 Nov 2022
Banking in Pakistan flourished during the first half of the calendar year 2022; both assets and income noted a strong increase while the balance sheet of banks expanded by 16 per cent over the same period of last year. The State Bank issued a “mid-year performance review” (MYPR) of the banking sector for 2022 on Monday.

Rupee likely to remain volatile on month-end rebalancing; USDINR expected to trade in this range

Financial Express 29 Nov 2022
However, the less hawkish comment and Fed meeting minutes dragged the dollar index lower and risk assets higher in the week gone ... Union Bank to raise Rs 2,200 crore via bond issue ... The central bank dollar buying, revaluation of dollar assets and gold pushed the forex kitty higher in the said period.

FTX Leadership Misrepresented Bahamas Authorities’ Actions, Says AG

CryptoPotato 29 Nov 2022
One measure taken was to freeze the assets of FTX Digital Markets – the Bahamian subsidiary of the company ... The Bahamas, whose GDP is largely made up of the countries’ strong off-shore banking sector, used its authorities’ experience in similar matters and immediately froze all possible assets of both FTX and FTX Digital Markets.

Nomura CEO says U.S. becomes profit driver despite one-off losses

Reuters 29 Nov 2022
Nomura's wholesale division consists of the global markets and investment banking arms. Japan's biggest brokerage and investment bank has had a long troubled history in its attempts to expand overseas, including the acquisition of assets from the collapsed Lehman Brothers in 2008 which it later wrote down.

NDIC Disburses N113.2bn to Insured, Uninsured Depositors

This Day 29 Nov 2022
“It is most profound for me to say that out of the 49 DMBs in-liquidation, the Corporation in September 2022 declared 100 per cent liquidation dividend in 20 of those institutions, meaning that the Corporation has realised enough funds from their assets to fully pay all depositors of the listed banks.”.

KAIZEN Asset Management Achieves “WELL Health-Safety Rating” for 90 Properties in its Portfolio from the International WELL Building Institute (IWBI)

Egypt Commercial News 29 Nov 2022
All ninety properties in KAIZEN Asset Management’s portfolio were assessed on the basis of the following six health and safety pillars ... Green Building Council.Banking on its approach of ‘Creating Memorable Experiences’, KAIZEN Asset Management has established itself as a distinctive brand within the UAE market.

Ireland poised to end post-crisis ban on bank bonuses

FX Empire 29 Nov 2022
Executive pay was capped by Ireland at 500,000 euros a year after the crisis that resulted in the euro zone’s costliest bank sector bailout ... The recommendations include a lifting of the 500,000 euro pay cap for Bank of Ireland, the country’s largest bank by assets, which returned to full private ownership this year.

ARCs shift focus as retail NPAs rise: India Ratings

The Economic Times 29 Nov 2022
... the banking sector, which has led to an increase in the retail NPL portfolios of ARCs.

Credit concerns affecting Vietnamese stocks should ease soon: VinaCapital

Vietnam News 29 Nov 2022
the Government could easily resolve the situation by encouraging banks to lend to real estate developers (by reducing the capital charge on loans to developers, for example), it can expedite the approval process for new projects to alleviate developers’ asset-liability mismatch ...

Spilling the beans on successful investing

The Motley Fool 29 Nov 2022
In contrast, in recent years the trust has used no debt – no ‘gearing’ – at all, judging most assets too expensive ... So-called ‘style drift’ is a red flag for asset allocators ... Because the one asset that set Spiller’s pulse racing was… gilts ... Yes, the most boring asset around ... It is a natural asset for a conservative sterling investor to hold.

Yes Bank buys 9.9% stake in JC Flowers ARC, to acquire additional stake

Live Mint 29 Nov 2022
The lender said that it plans to acquire further 10% ...

Policies to stabilize real estate financing

People Daily 29 Nov 2022
Large State-owned commercial banks are taking the lead in ramping up real estate financing. The Industrial and Commercial Bank of China, the country's largest commercial lender by assets, said on Thursday it will provide 655 billion yuan in credit lines to 12 developers.

Morning Bid: China + policy hawks = drag on markets

Reuters 29 Nov 2022
Chinese assets are, unsurprisingly, under pressure - the offshore yuan fell on Monday for a fifth straight day and Chinese stocks had their biggest decline in a month ... If anyone was in any doubt, the hawks at the big central banks are not backing down. Risk assets are under ...

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