NBFCs rush to become banks
The Times of India Sun, 28 Feb 2010 17:51 PM PST
Nearly 11 years after the last of the two banking licences were issued by RBI to private sector entities, the government has again started the process of allowing the better-managed non-banking finance companies (NBFCs) to graduate to full-fledged banks. |
Leftovers from City Hall: La Puente reeling
San Gabriel Valley Tribune Sun, 28 Feb 2010 17:48 PM PST
Holy smoke. Mayor Louie Lujan last week resigned from office and a day later pleaded guilty to felony perjury for lying on campaign-finance forms. |
(AFX UK Focus) 2010-03-01 01:29 Deutsche Bank gets Malaysian Islamic bank licence
Interactive Investor Sun, 28 Feb 2010 17:41 PM PST
KUALA LUMPUR, March 1 (Reuters) - Deutsche Bank has received an international Islamic banking licence from Malaysia's central bank, the investment bank said in a statement issued on Monday. The licence allows banks to conduct non-ringgit Islamic banking services. Malaysia is recognised as Asia's main Islamic finance hub but most of its sharia banking business is conducted in the local ringgit ... |
Bruininks appeals for lighter cuts
The Minnesota Daily Sun, 28 Feb 2010 17:37 PM PST
By: Mckenzie Martin In an effort to dissuade the Minnesota Legislature against cutting higher education funding, University of Minnesota President Bob Bruininks and Chief Financial Officer Richard Pfutzenreuter met with the House higher education finance committee Thursday, urging legislators to make higher education a priority for the state. Last week, Gov. Tim Pawlenty proposed cutting $46 ... |
EU finance chief heads to Athens Monday
WXOW 19 La Crosse Sun, 28 Feb 2010 17:29 PM PST
The EU's financial affairs chief is traveling to Athens to hold discussions with Greek officials on their country's debt crisis and efforts to enact painful austerity measures to curb public spending. |
(AFX UK Focus) 2010-03-01 00:57 JGB futures slip from 2-month peak before auction
Interactive Investor Sun, 28 Feb 2010 17:27 PM PST
TOKYO, March 1 (Reuters) - Japanese government bond futures edged down on Monday, slipping from a two-month peak hit last week, as investors sold bonds to make room in their portfolios before an auction of benchmark 10-year notes the following day. * The Ministry of Finance will offer 2.2 trillion yen ($25 billion) of 10-year bonds on Tuesday. The debt sale is seen as an important test of demand ... |
Monthly Archives: February 2010
Jersey Evening Post Sun, 28 Feb 2010 17:23 PM PST
A THIRD overseas office for Jersey Finance is one of a number of measures likely to result from a £2.5 million States funding boost for the finance industry. |
Greece must step up spending cuts
AsiaOne Sun, 28 Feb 2010 17:16 PM PST
ATHENS - Debt-hit Greece must step up spending cuts as other European taxpayers are not inclined to correct the mismanagement of past Greek governments, the head of the eurozone finance ministers said on Sunday. |
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