Search Results for 'Banking'

Banking rules may encourage riskier trading, warns ratings a...

The 29 biggest banks in the world could be encouraged to embark on riskier trading activities as they race to raise $566bn (£358bn) of capital to meet new rules intended to make them more resilient, according to an analysis by the F [...]

Posted On : May, 18 2012 | Comments : 0

How will JPMorgan's $2B loss affect banking rules?

The $2 billion trading loss at JPMorgan Chase has renewed calls for stricter oversight of Wall Street banks. Two years after Congress passed an overhaul of financial rules, many of those changes have yet to be finalized. JPMorgan's mi [...]

Posted On : May, 16 2012 | Comments : 0

BoK Raast Islamic banking branch operative in Mansehra

Peshawar—Managing Director, Bank of Khyber (BoK) Bilal Mustafa has said that the bank is committed to cater the banking requirements of Islamic as well as conventional banking in a befitting manner to promote economic activities in [...]

Posted On : May, 15 2012 | Comments : 0

American banking system in fine shape: Buffett

Warren Buffett, whose Berkshire Hathaway Inc has more than $19 billion invested in US banks, said the lenders had ample liquidity and were a class apart from European rivals. “I would put European banks and American banks in two [...]

Posted On : May, 07 2012 | Comments : 0

Rate moves telegraph banking strategies

Just how the big four banks adjust their interest rates this week and next will give us some flavour of their strategies around growing market shares in the mortgage market and the extent to which they are prepared to fight for deposits. [...]

Posted On : May, 04 2012 | Comments : 0

Australia's ANZ Banking Group posts 10 per cent rise in firs...

SYDNEY - One of Australia's largest banks, ANZ Banking Group, on Wednesday posted a 10 per cent increase in its first half profit to 2.92 billion Australian dollars ($3.02 billion) but warned margins in its Australian business were de [...]

Posted On : May, 02 2012 | Comments : 0

India to get banking info from Switzerland on liberal terms

In a development that will boost the fight against black money menace, Switzerland has agreed to provide details of secret bank accounts of individuals sought by India even on the basis of limited information. Under a mutual agreement [...]

Posted On : Apr, 30 2012 | Comments : 0

Banking mediator defends its integrity

The firm chosen by Canada’s two largest banks to adjudicate disputes with consumers is fighting back against what it sees as an attack on its credibility, amid a growing controversy over how Canadians are protected within the financ [...]

Posted On : Apr, 23 2012 | Comments : 0

FirstRand bank enters into retail, commercial banking operat...

MUMBAI: South Africa-based financial services group, FirstRand Bank today entered into retail and commercial banking operations in India with opening of a branch in the city. Th bank has its presence in the country for last three years an [...]

Posted On : Apr, 18 2012 | Comments : 0

Banking shares selling drags stock market down

KARACHI – The Karachi stock market closed lower on Monday, led by the banking sector after the State Bank of Pakistan raised the minimum deposit rate on savings accounts to 6 per cent from 5 per cent.The decision by the central bank [...]

Posted On : Apr, 17 2012 | Comments : 0

Banking faces its digital revolution

All over the country there's a revolution quietly simmering away. This battle won't be fought with bursts of gunfire, but at the simple touch of a screen. New technologies have repeatedly shaken the fusty old world of banking [...]

Posted On : Apr, 09 2012 | Comments : 0

Banking, shopping and job hunting online

Banking and keeping track of finances, shopping and searching for jobs are the main tasks of Internet users around the globe, according to a new international survey. Nearly 60 percent of people in 24 countries used the web to check their [...]

Posted On : Apr, 04 2012 | Comments : 0

Japan banking head warns on Europe crisis

The European crisis is far from over and the European economy has little chance of recovery in the current environment, in which the region’s banks are shrinking their balance sheets amid a weak economy, warns the new head of the Ja [...]

Posted On : Apr, 02 2012 | Comments : 0

Banking Mysticism, Continued

As I read various stuff on banking — comments here, but also various writings here and there — I often see the view that banks can create credit out of thin air. There are vehement denials of the proposition that banks’ [...]