Your Search Returned 121 tagged news reports
US currency in 2010 on account of better economic growth. Meanwhile, Veloso said that if ever BSP decided to implement an exit strategy it would probably touch the special deposit account (SDA) and not the policy rates directly. He explained that the...
Tags: capital flows, Philippines, Manila, Business Finance, Bangko Sentral ng Pilipinas, Foreign direct investment, Macroeconomics, HSBC, International economics, Monetary policy, Hot money, Capital flows in Japan, Central bank, Federal Reserve System, Investment, Economy of the Philippines, Interest rate
O ntario is relying on foreign lenders to fund the bulk of its deficits, as the province raised 1.75-billion Euros on Monday in a successful 10-year bond sale. Ontario is expected to borrow $42.6-billion this year, and going into the Euro financing, the...
Tags: Canada, Toronto, Investment banks, BNP Paribas, Primary dealers, Business Finance, HSBC, GMAC, Euro
British retail banks won a landmark legal case on Wednesday when the newly-created Supreme Court ruled in favour of unauthorised overdraft charges. Barclays, which had challenged decisions made by lower courts that the charges come under "unfair contract"...
Tags: billions pounds, overdraft charges, New Zealand, Auckland, Bank charge, Overdraft, Business Finance, Bank, Office of Fair Trading v Abbey National plc, Barclays, HSBC, Banking in the United Kingdom, Law Crime, HBOS
What is clear is that the locations where salaries may not be as high, such as Canada and Australia, are where expats are really enjoying not only an increased quality of life but are also finding it easy to fit in to their new communities." Last year...
Tags: Britain, Canada, Australia, Thailand, Canberra, Expatriate, G20 nations, HSBC, Constitutional monarchies, Recession, G8 nations, Liberal democracies
Pre-tax profit for the year to 30 September rose by 36.6% to £773m. Compass chief executive Richard Cousins said the company had delivered "an excellent performance in a challenging environment". He added he was "excited" about the pipeline of new contracts.
Tags: China, Shanghai, Lloyds Banking Group, Lloyds Bank, Qibla compass, Business Finance, Compass, HSBC, Catering
Banking Group shares made the biggest gain on the market last night after announcing details of the biggest cash call in UK history. Shares gained 2.34p to 93.81p after it said it would offer new shares at a hefty 59.5 per cent discount to the previous...
Tags: Lloyds, rights issues, Simon Maughan, United Kingdom, London, Lloyds Banking Group, Lloyds Bank, Business Finance, Bank, Barclays, HSBC, Rights issue, Stock, HBOS
Goldman Sachs' Lloyd Blankfein has copped some flak for an off-the-cuff remark about performing "God's work" at the bank. But this alternative version of the Lord's Prayer doing the rounds on the internet will infuriate him. "Our chairman, who art at...
Tags: United Kingdom, London, Goldman Sachs, Investment banks, Primary dealers, Business Finance, Ryanair, HSBC, Blankfein
UAE consumer prices fell 0.4 per cent in October from a year ago, the fourth consecutive month of deflation. The decline in prices was led by cheaper food and clothing, the UAE’s economy ministry said on its web site yesterday...In the Gulf, the UAE and...
Tags: UAE, consumer price, Qatar, Doha, United Arab Emirates, Deflation, Business Finance, HSBC, Inflation
Royal Bank of Scotland are breathtaking, but the fact the Bank of England has managed to keep them secret until a time of its own choosing is also interesting. A little over a year previously, when news leaked out that the Bank was providing emergency...
Tags: Bank of England, Royal Bank of Scotland, banks sector, United Kingdom, London, Business Finance, HBOS, Lloyds Banking Group, Bank of Scotland, United Kingdom bank rescue package, Trustee Savings Bank, Eric Daniels, Financial Services Authority, Royal Bank of Scotland Group, Lloyds Bank, Lloyds TSB, Government intervention during the subprime mortgage crisis, Politics, Halifax, Gross domestic product, Victor Blank, Investment, Quantitative easing, Nationalization, HSBC, Macroeconomics, Economic growth, Financial Services Secretary, HM Treasury, Paul Myners Baron Myners, Bailout
Analysts have advised that shareholders should take a cautious approach to the record-breaking £13.5bn rights issue launched by Lloyds Banking Group today. They are being offered 1.34 new Lloyds shares for each one they already own, at the discounted...
Tags: Lloyds Banking Group PLC, Lloyds Banking Group Plc, rights issue, Britain, 5bn rights, cash calling, United Kingdom, London, Lloyds Banking Group, Business Finance, HBOS, Lloyds Bank, United Kingdom bank rescue package, Trustee Savings Bank, HSBC, Stock, Victor Blank, Bank of Scotland, Nationalization, Discounting, Blue Monday Crash, Short, Economy of the United Kingdom, Dividend, Theoretical ex-rights price, Lloyds TSB, GMAC