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Argentina says provinces to issue $4 bln of debt
Edit Topix 28 Apr 2016
The Argentine provinces of Neuquen, Mendoza and Cordoba will issue debt in the next 30 days for around $4 billion, the government said on Wednesday, after last week's successful sovereign bond issue, its first since a 2002 default. The city of Buenos Aires would also seek to issue an unspecified amount of debt immediately afterwards, Finance Secretary Luis Caputo said ... ....
Column: Time for debt reduction in Greece
Edit Yahoo Daily News 28 Apr 2016
The International Monetary Fund and the European Central Bank, which have gone along with the extend-and-pretend approach, have placed their credibility at risk ... As Greece and its creditors (now mainly sovereign lenders and multilateral institutions) deliberate about how to address the country’s looming cash crunch, they should recognise these differences and learn from the mistakes of their past approach....
Private lenders bank on NIBM talent
Edit Yahoo Daily News 28 Apr 2016
The National Institute of Bank Management (NIBM) achieved 100% placement in just a couple of days this year, with private banks making a beeline for the NIBM talent ... With payments banks coming in, a surge in demand is expected for talent. There was a concern at NIBM after the Supreme Court debarred public sector banks from recruiting directly from the campus two years ago. NIBM is promoted by these banks and subsidised heavily....
Insurers set to start operations in GIFT IFSC
Edit The Times of India 28 Apr 2016
In the wake of public and private sector banks, insurance players are now set to launch operations from India's first International Financial Services Center (IFSC) in GIFT City at Gandhinagar ... Yes Bank, Federal Bank, ICICI Bank, IDBI Bank and Kotak Mahindra Bank have commenced their IFSC banking units. The State Bank of India (SBI) and Indusind Bank ......
Suncorp Bank prices US$500m 144A senior unsecured debt transaction (Suncorp Group Ltd)
Edit Public Technologies 28 Apr 2016
27 April 2016 Suncorp Bank prices US$500m 144A senior unsecured debt transaction. Suncorp Bank today confirmed it had priced a USD 144A fixed rate senior unsecured debt transaction of US$500m with a three year maturity at US Treasuries (UST) plus 110bps, well inside the initial price guidance of 130bps ... The transaction was jointly led by Citibank, Deutsche Bank Securities, Royal Bank of Canada Capital Markets and UBS Investment Bank....
The World Bank Supports Quality Improvement for Labor Force in Uzbekistan (World Bank Group)
Edit Public Technologies 28 Apr 2016
World Bank Group). WASHINGTON, April 27, 2016 - The World Bank's Board of Executive Directors today approved International Development Association credit in the amount of US$42.2 million for the Modernizing Higher Education Project ... 'The Project is well-aligned with the World Bank's twin goals of ending extreme poverty and boosting shared prosperity,' said Junghun Cho, World Bank Country Manager for Uzbekistan....
Security breach probed in Qatar
Edit Times Union 28 Apr 2016
Qatar's largest bank is investigating a security breach that appears to have exposed sensitive personal data for what could be hundreds of customers, including employees of international broadcaster Al-Jazeera and potentially senior government officials ... The bank did not say whether information in the files was legitimate or if its network had been breached, citing a policy of not commenting on reports shared on social media....
International conference on capital flows, systemic risk, and policy response (Central Bank of Iceland)
Edit Public Technologies 28 Apr 2016
Central Bank of Iceland) 27.04.2016 ... Discussions of macroprudential policy will follow, steered by Sigríður Benediktsdóttir, Director of Financial Stability at the Central Bank of Iceland, and Ásgeir Jónsson, chairman of the Faculty of Economics at the University of Iceland, with the participation of representatives from central banks and universities....
NAB first of Big Four lenders to call May rate cut
Edit Sydney Morning Herald 28 Apr 2016
National Australia Bank is the first of the country's big lenders to commit to calling a cut to the cash rate at next Tuesday's board meeting of the Reserve Bank of Australia ... Although underlying inflation remains above zero, the year-on-year rate, of 1.55 per cent, is now well below the bottom of the central bank's 2 per cent to 3 per cent target band ... NAB, however, is the first of the big four banks to change tack....
What happens to stolen money after your card has been skimmed?
Edit Sydney Morning Herald 28 Apr 2016
Sabrina Barreiro always thought keeping her money in a bank account was a safer option than under the mattress. But after her debit card was skimmed and her bank account cleared of all funds, she began having second thoughts. Fresh from a four-day holiday on the Gold Coast, a five-months pregnant Ms Barreiro logged online to her Commonwealth Bank account to find the $1350 she had put aside for medical bills had been withdrawn....
Confident of 2.5% market share by 2020: Rana Kapoor, Yes Bank
Edit Yahoo Daily News 28 Apr 2016
On a day Yes Bank declared its Q4FY16 results and its market capitalisation hit an all time high, its MD &; CEO Rana Kapoor spoke about the secret behind the bank’s sustained growth and his strategy to make the future even brighter ... How did Yes Bank manage to grow its advances by 30% (y-o-y) at a time when the industry as a whole is struggling to hit even double digits?....
UOB posts 4.4 percent drop in first-quarter net profit, in line with forecasts
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