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Dinosaur Group Forms Independent Externa...

NEW YORK–(BUSINESS WIRE)–Dinosaur Group Holdings LLC (“Dinosaur”), parent company of Dinosaur Financial Group, LLC, a US-based institutional brokerage firm regulated by FINRA, and Dinosaur Merchant Bank Limited, a US-based international investment bank United Kingdom, announced the creation of its Independent External Financial Crime Compliance Advisory Council (the “FCC ADVISORY BOARD”) comprised of international FCC experts. […]

Development Bank of Wales announces new ...

The Development Bank of Wales has appointed a new director to head its Technology Venture Investments (TVI) division. Duncan Gray succeeds Simon Thelwall-Jones who led the team from 2019 until December 2021. Mr. Gray was previously Deputy Fund Manager (Strategic Portfolio) within the TVI team. He is replaced by Mark Bowman who has been promoted […]

“Milestone Year”: Hedge Funds Reflect on

NOTat first, every UK bank has struggled over the past decade to deal with the fallout from multibillion-pound taxpayer bailouts, trading scams or devastating IT meltdowns. But few have faced as many scandals, near failures and turnaround efforts as the Co-operative Bank. During this period, the mid-sized lender nearly collapsed, its former chief executive was […]

EBRD investments in Turkey hit record hi...

At the same time, nine Turkish banks and leasing companies received a line of credit for a total of €826 million with 35% of the envelope dedicated to green projects. In addition to these funds, the EBRD has supported around 100 SMEs with financing or advice and financing. In particular through risk-sharing partnerships with local […]

Foreign funds increase net purchases ami...

The Ukraine crisis cast its shadow over global stock markets, which was partly reflected in generally weak sentiment on the Qatar Stock Exchange and market capitalization eroded nearly QR 8 billion this week. Despite rising net buying interest from foreign institutions, Qatar’s 20-stock index fell 0.57% this week, helping Barwa report a net profit of […]

Long Beach Accelerator Offers New $500,0...

LONG BEACH, Calif.–(BUSINESS WIRE)–February 16, 2022– The Long Beach Accelerator announced a new program offering half a million dollars to past and incoming cohort members in direct equity funding for hiring talent and investments in other critical business areas for accelerate growth. This investment program is exclusive to companies and alumni of the LBA cohort […]

Internet banking is thriving | The star...

The shift from manual banking to its digital means is certainly not a new phenomenon for the banking industry in Bangladesh. But the advent of the coronavirus pandemic has caused customers from all walks of life to focus on online banking to reduce the risk of contracting the deadly flu. Transactions through online banking stood […]

UBA’s Leo, 4 years constantly changing t

Artificial Intelligence (Ai) is the “hot thing” now. Indeed, globally, the hype around artificial intelligence continues to accelerate, with the end goal being to simplify conversations and processes. But if you still have doubts, ask United Bank for Africa (UBA). Thanks to Leo, its flagship chatbot Ai, which recently turned four years old, the pan-African […]

Octopus Investments CEO: Acquisition of ...

The managing director of Octopus Investments has not ruled out buying consultancy firms as part of his expansion plans in the future. Ruth Handcock told FTAdviser there are no limits when it comes to expanding the company’s offering. “I’m excited about more and more ways to help people get the most out of their money […]

HSBC USA Announces Four New Appointments...

NEW YORK–(BUSINESS WIRE)–February 1, 2022– HSBC Bank USA today announced the recent appointments of Deborah P. Bailey, Melvin L. Flowers, George W. Madison and Alice D. Schroeder to the boards of HSBC North America Holdings Inc. (HNAH) and HSBC Bank USA, NA (HBUS). Directors. Flowers and Madison’s appointments took effect on January 11, while Bailey […]

HSBC appoints first Head of Sustainable ...

Pictured: Alan Duffy, Head of Sustainable Finance for European Commercial Banking, HSBC HSBC has appointed current Irish CEO and Head of Banking Operations Alan Duffy as the first Head of Sustainable Finance for Commercial Banking in Europe. In his new role, Alan will lead HSBC’s efforts to help corporate clients in Europe make the transition […]

Singapore pushed to introduce security m...

Banks and financial institutions in Singapore will have to implement new security measures that have been mandated following a series of phishing SMS scams that wiped several victims out of their savings. These measures include the removal of hyperlinks from emails or text messages sent to consumers and a 12-hour time limit for the activation […]

Hyderabad-based Caspian Equity to deploy...

Hyderabad: Based in Hyderabad, Caspian Equity, an impact investment firm for the past 17 years, has attracted funding from development finance institutions, family offices and HNIs and invested in the food and agriculture, SMEs and financial inclusion, and returned more than $180 million to investors. Saurabh Johri, Managing Director and CEO, Caspian Equity shares with […]

Brac Bank reaches milestone of 700 banki...

Brac Bank passed the 700 milestone by opening 705 agent banking outlets as the rapid expansion of the network across the country continues. It now serves 1.40 lacs of unbanked people, mostly in rural and semi-urban parts of the country, with the chain’s rural penetration reaching the highest level in the industry at 77%. The […]

Weatherbys hires former Barclays chief i...

Weatherbys Private Bank has appointed William Morris as Head of Investments. Morris (pictured) will manage the private banking global tracker portfolios and oversee its panel of third-party discretionary managers. He has over a decade of private banking experience in investment advisory and portfolio optimization roles with clients, most notably at Barclays where he served as […]

Actors: January 10-16, 2022 | Springfie...

Bank and financePromoted Guarantee Bank Carrie Eakins to the Deputy Director of Retail Banking at his Farmers Park branch. She started her career as a bank teller in 2017 and was promoted to representative of market agency bankers in 2019 and specialist of market agency bankers in early 2021. Central Bank of the Ozarks added […]

Taipei Fubon Bank chooses Avaloq to deve...

Taipei Fubon Bank, one of Taiwan’s largest commercial banks, has partnered with Avaloq to create a state-of-the-art wealth management platform for its private banking business in Hong Kong, Singapore, as well as on land, in Taiwan. In order to develop a scalable and integrated solution for its growing private banking business, the bank is partnering […]

Bengal plans new investments and rollout...

Calcutta: West Bengal has maintained its growth momentum this year despite the headwinds of the pandemic and going forward, the deployment of megaprojects will be a key priority for the state government as it focuses on industrialization for a sustainable economic expansion. As uncertainties persist in the wake of the increase in COVID cases, attracting […]

Investment banking trends: the year 2022...

The year 2021 has turned out to be a rich year for investment bankers with unprecedented opportunities emerging across various verticals in finance and investment. By Jyoti Prakash Gadia The year 2021 has turned out to be a rich year for investment bankers with unprecedented opportunities emerging across various verticals in finance and investment. Despite […]

Mutual funds add ₹ 7 lakh crore to kitty

While it may not be an easy financial environment in 2022, some experts are hopeful that the impact of the Omicron variant of the novel coronavirus may not be as severe as those seen in the first two waves of the pandemic. “To a large extent, the world has learned to live with COVID and, […]

Nigeria Mutual Funds Attract N1.29tr Inv...

Investors in the Nigerian capital market invested 1.291 trillion naira in Nigerian mutual funds called collective investment schemes in 2021. Collective investment funds, also known as mutual funds, are joint investment vehicles through which investors pool funds and invest in a selected basket of securities in order to maximize returns and reduce the risks. Mutual […]

The bank covers the nation but loots

The banking network has covered the country for the past 50 years, but the culture of defaulting loans in the system has become a major problem as people with political clout continue to plunder the industry. Even as delinquent and non-performing loans are on the rise, the government and the central bank have done little […]

Compass Group Hires Billion-Dollar Custo...

Latin American asset manager Compass Group has signed an agreement with clearing and fund administration provider Apex Group to provide back-office services to two of its funds, the companies said. Apex will provide a full range of fund administration, corporate and custodian services to strategies marketed to investors, including institutional clients, family offices and high […]

Alliance for Action announces new leader...

Amanda Del Bene, investment banker, first woman to chair the board of directors December 20, 2021 The Alliance for Action of New Jersey elected its first woman to chair the board, Amanda Del Bene, Managing Director of Public Finance Investment Banking at Raymond James & Associates, Inc. She was selected by the board of administration […]

Retail Opportunity Investments Corp. an...

SAN DIEGO, December 15, 2021 (GLOBE NEWSWIRE) – The Board of Directors of Retail Opportunity Investments Corp. (NASDAQ: ROIC) announced today that it has concluded the board refresh and governance review it launched following its 2021 annual meeting and has appointed Zabrina Jenkins and Adrienne Banks Pitts in as independent directors, as of December 15, […]

Brac Bank and BFDS partner to provide ea...

The Brac Bank and the Bangladesh Freelancer Development Society (BFDS) have teamed up to provide simple and seamless banking services to self-employed people in the country. The bank and BFDS, the forum that facilitates the work and businesses of the freelance community, have signed a memorandum of understanding, a collaboration that reflects the two organizations’ […]

BMO Reports Fourth Quarter Earnings of $...

Photo: The Canadian Press BMO Financial Group increased its quarterly dividend by 25% and beat expectations as it reported nearly $ 2.2 billion in fourth quarter earnings, up from nearly $ 1.6 billion in the same quarter last year. last year. The bank said on Friday it would now pay a quarterly dividend of $ […]

Nasfund’s business investments in Honiar

BY MELISHA YAFOI Nasfund’s investments in Honiara, Solomon Islands were unaffected in the riots last week. Nasfund CEO Ian Tarutia said the fund has closely followed unrest and events in Solomon Islands since its inception, as Nasfund has investments in Honiara – a 60% majority shareholder in the Heritage Hotel and a commercial building. adjoining. […]

Bharti AXA Life new business premium up ...

Bharti AXA Life Insurance, a private life insurer, said on Monday that the company’s weighted new business premium increased 33% in the first half of this fiscal year to 285 crore (214 crore). The company saw an 8% growth in its renewal premium to 645 crore (₹ 594 crore). Total premium income increased moderately to […]

BSEC supports the exclusion of bond inve...

FE REPORT | Posted: Nov. 28, 2021, 8:29 a.m. | Update: Nov. 28, 2021, 4:45 p.m. The securities regulator is reportedly asking Bangladesh Bank (BB) to exclude banks’ investments in perpetual bonds from their exposure to the stock exchange, to an extent intended to increase the supply of liquidity in the capital market. Sources say […]

Electric Vehicles, Growth Fuel High Octa...

Strategic and financial investments are pouring into the Indian automotive sector after a lull of almost half a decade. Increased electrification and aggressive growth plans by global auto players are paving the way for renewed investor confidence. Earlier this week, Japanese multinational Kubota Corp said it would inject 9,400 crore yen into the Nanda family-owned […]

Betsy Ratto, Leader in Commercial Bankin...

In this new role, Ms. Ratto will be responsible for the creation and execution of corporate finance and capital markets operations, with a focus on the retail sector and other finance operations. . Ms. Ratto will be based at Hilco’s Boston office and will work to identify and create lending / investment opportunities through Hilco […]

Strong earnings season pushes mutual fun...

A strong earnings season helped equity markets reach record highs in October despite some underlying supply constraints and a slower-than-expected recovery in some sectors. Many of the top mutual funds and ETFs shone again despite some trepidation at the start of the month. X “We were pleasantly surprised by the number of companies that actually […]

Dish TV Rs 1,000 cr rights issue critica...

The Rs 1,000 crore rights issue for Dish TV is essential for the survival of the DTH company which needs funds to upgrade technology and replace old set-top boxes with new smart connected boxes, if not its subscriber base. would decline, a senior company official said. Dish TV is facing the rapid growth of new […]

Morgan Stanley Poll: Pension Funds Pave ...

NEW YORK – (BUSINESS WIRE) – October 20, 2021– According to a new report and survey released by Morgan Stanley, while a large majority of pension funds say that including gender and race diversity in investment decisions can be financially beneficial, more than the half of asset owners globally say they think they have to […]

Balasubramanian elected president of the...

Balasubramanian was elected President of the Association of Mutual Funds in India at the recent AMFI Board of Directors meeting. Balasubramanian is CEO of Aditya Birla Sun Life Asset Management. He would succeed Nilesh Shah, Managing Director of Kotak Mutual Fund. Balasubramanian previously served as AMFI President between 2017 and 2019 and will now continue […]

Chamath Palihapitiya Net worth, age, chi...

The net worth of Chamath Palihapitiya confirms that one can become a self-made billionaire if he is skilled, determined, hardworking and has the necessary resources. Chamath is a supporter of Special Purpose Acquisition Companies (SPACs), which allow private companies to go public with less control from the SEC. He made a great fortune from his […]

Citigroup profits jump 48% after freeing...

Citigroup Inc. VS 0.77% said on Thursday its third-quarter profit rose 48%, after the bank freed up some of the money it set aside for bad debts at the start of the pandemic. The bank reported earnings of $ 4.64 billion, or $ 2.15 per share, from $ 3.15 billion, or $ 1.36 per share, […]

Flows into sustainable funds bring Liont...

Managing Director John Ions said the company generated net inflows of £ 1.1bn in the last quarter to bring the total to £ 2.1bn since the start of the fiscal year on April 1 2021. “Clients demanding a more sustainable outcome from their investments continue to drive significant flows into our funds for a sustainable […]

Central bank suggests Padma seeking fore...

The Bangladesh Bank has suggested that Padma Bank – formerly Farmers Bank – vigorously seek foreign investment to finance its activities. In a letter to the Financial Institutions Division on October 5, the central bank said it would be best if Padma Bank could fill its capital gap by bringing in investment from abroad. Earlier […]

Ghana: Access Bank, crowning insurance p...

Group Head, Retail Banking, Access Bank, Ms Matilda Asante-Asiedu urged operators of small and medium-sized enterprises (SMEs) to take action to protect their businesses from unforeseen events that can disrupt their operations. According to her, most SMEs experience stress and hardship when disasters, both natural and human such as floods, fires, burglaries and personal accidents […]

Uganda targets $ 4 billion in investment...

By JONATHAN KAMOGA Uganda is counting on Dubai’s ongoing exposure to the United Arab Emirates to attract around $ 4 billion in investment in different sectors of its economy by next year, the national investment authority said. Dubai Expo 2020, a world fair that kicked off on October 1, 2021, has attracted around 200 countries […]

Struggling EISS super fund spent $ 100,0...

The struggling super fund for energy workers spent hundreds of thousands of dollars on luxury cars for staff and paid for its former CEO to attend Stanford University for leadership training, adding to the list of lavish spending that will be called into question in Parliament next week. The CEO, chairman and three directors of […]

VentureSouth creates one of the first an...

Few angel funds in the Southeast are helping launch tech companies, according to Greenville-based VentureSouth. The working capital open to public investors is even less numerous. The upstate angel investment group, which now has more than 50 active holding companies nationwide, knew it was doing something unique when the organization unveiled Rolling South in late […]

Dock strengthens its board of directors ...

SÃO PAULO – (COMMERCIAL THREAD) – Dock, an innovator in financial technology infrastructure in Latin America, announced the expansion of its board of directors with the appointment of three executives from the world’s largest publicly traded companies. The new board members are Sam Shrauger, Global Head of Payments, Chairman and CEO of Airbnb Payments Inc. […]

GIFT City reaches Dubai to attract globa...

GIFT City Gujarat is aimed at international investors in Dubai to project its potential in transactions involving bullion, alternative investment funds (AIFs), aircraft leasing, banking services and global internal centers. For the first time, he is courting such a large gathering at an international forum – DubaiExpo2020 – next week, which will be attended by […]

Swiss regulator approves first crypto in...

Safe and sound money © 2014 Bloomberg Finance LP The Swiss financial regulator has issued two approvals for a national cryptocurrency investment fund and a national digital asset custody service, just days after the Chinese central bank claimed that bitcoin and other financial blockchains posed a threat to economic stability. The Federal Financial Market Supervisory […]

Alpha FX unveils banking platform for al...

Alpha FX Group plc (AIM: AFX), a provider of currency risk management and alternative banking solutions to businesses and institutions globally, today announces the launch of its alternative banking platform for the alternative investment sector. As part of this launch, the Group intends to open an office in Luxembourg to show its commitment to the […]

Support for small businesses offered by ...

Anna Bligh, Managing Director of the Australian Banking Association. Source: AAP Image / Mick Tsikas. More and more small businesses are receiving financial assistance from their banks amid ongoing lockdowns in the country’s two most populous states. New statistics released by the Australian Banking Association show that hardship aid, including postponing credit card payments and […]

New hire announcement – Senior Managing

NEW YORK, September 23, 2021 / PRNewswire / – Revere Securities is pleased to announce that Dr. Dajiang Guo will join the company as Senior Managing Director of Investment Banking. Most recently, Dr Guo was a partner at Tiger Securities, a publicly traded Fintech brokerage firm. Dr Guo has over 20 years of experience as […]

CABS is committed to supporting private ...

OLD Mutual Zimbabwe’s banking subsidiary, the Central Africa Building Society (CABS), says it is committed to supporting private sector investments that can contribute to economic growth. The country’s economy is set to grow 7.8% this year, largely supported by the agriculture and mining sectors. Mr. Mehluli Mpofu, managing director of the bank, said CABS will […]

Get rich slowly. Invest in 5 funds to a...

Many people leave it too late to build up retirement wealth, only to regret it later. The following five investment funds could help you build a nest egg, to avoid gambling your future on the state pension and triple foreclosure. The sooner you start investing for your future, the better, said Darius McDermott, managing director […]