Posts Tagged ‘Financial’

EU preparing for a rescue plan for Spain

Nathan Andrada – Fourth Estate Cooperative Contributor Brussels, Belgium (4E) – Spain is reportedly in talks with European authorities for a fresh round of rescue plan to be announced next week. The Financial Times reported on Friday that the EU is setting the stage for a rescue plan for Spain and unlimited bond purchases by […]

APEC SME concludes Manila conference

The Asia Pacific Economic Cooperation Financial Institutions Dealing with Small and Medium Enterprise (APEC SME) successfully concluded on Friday its ninth annual meeting held for the first time in the Philippines. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Palestinian Financial Crisis Boosts Support for Hamas

The Palestinian Authority (PA) is suffering an intensifying financial crisis that is threatening its stability and strengthening the rival Islamist Hamas. Palestinian security officials warn that if the international community fails to pay its pledges to the PA, it will not be able to pay salaries in the coming months. Article © AHN – All […]

Crosby returns to finance with online motoring venture

Sir James Crosby has made his first move back into the world of finance since stepping down as deputy chairman of the Financial Services Authority (FSA) under a cloud more than two years ago. View full post on UK Business Stories

Capital One to acquire ING USA online banking unit

Capital One Financial has announced plans to purchase ING Group’s popular USA online banking unit for $6.2 billion in cash and a stock issue of $2.8 billion worth of new shares to ING, which will giving Capital One a 9.9 percent stake. View full post on Banking Stories

FSA to assess levels of risk behind big banks’ profits

The profits of investment banks and their funding models are to be the subject of a new wave of regulatory scrutiny as specialist teams from the Financial Services Authority (FSA) search for evidence of excessive risk-taking in the City of London. View full post on UK Business Stories

Europe reportedly in talks for new Greece deal

SYDNEY (MarketWatch) — European leaders are trying to negotiate a new bailout deal for Greece that would mean wider outside intervention in the country’s finances, the Financial Times newspaper reported late Sunday, citing people involved in the talks. The deal under discussion would include international involvement in tax collection, as well as in the privatization […]

Top state schools elude poor

The Financial Times’ league table of England’s best independent and state schools reveals that children from deprived backgrounds are underrepresented at the best institutions View full post on UK Business Stories

Canada plugs money laundering loopholes

The Financial Action Task Force in Canada said Thursday the multi-government group tasked with putting in place anti-money laundering and anti-terrorist financing practices in the country has plugged loopholes. View full post on Banking Stories

G-20 reportedly takes first step on indicator deal

SYDNEY (MarketWatch) — Finance leaders attending the G-20 meeting held in France over the weekend reached a tentative deal which could lead to the introduction of indicators to help prevent future financial crises, according the Financial Times. French finance minister Christine Lagarde said that the indicators are expected to include domestic policies of G-20 members, […]