July 28, 2016
The financial banking sectors in the Middle East and North Africa (Mena) regions are disconnected from a majority of firms, with credit being largely channeled to a small number of large firms and hindering potential growth in the region, a new report has highlighted.
The What’s holding back the private sector in Mena? report published jointly by the World Bank (WB),"...Continue Reading >
July 28, 2016
Finalists for the 2016 BAI Global Banking Innovation Awards have been announced – showcasing this year’s top innovators within the financial services industry worldwide. The 15 finalists selected represent the most forward-thinking leaders transforming the industry. Finalists and winners will be celebrated at BAI’s new immersive conference, BAI Beacon, in Chicago, October 5-6, 2016.
BAI serves as a global hub for connecting forward-thinking"...Continue Reading >
July 28, 2016
Continue Reading >
Intellect Design Arena Limited (BSE: 538835 | NSE: INTELLECT), a specialist in enabling true digital transformations across banking, insurance and capital markets, today announced the launch of Intellect OneMARKETS, an end-to-end integrated 360-degree platform, encompassing the complete spectrum of Securities Trading and Asset Services. The advanced comprehensive platform will provide financial"...
July 26, 2016
OT (Oberthur Technologies), a leading global provider of embedded security software products and services, today announced its partnership with Axis Bank, India’s third largest private bank to offer the first open loop EMV contactless smart cards to be used in public transportation in Bengaluru, the third most populous city of India.
Axis Bank is the first bank to launch open loop smart cards in India to be used in public transportation, allowing"...Continue Reading >
July 25, 2016
July 24, 2016
(ME NewsWire)-- Qatar Stock Exchange and Iridium Investor Relation today jointly announced that the Investor Relations Excellence Program will be repeated for a second year after its successful launch in 2015. The IR Excellence Program, which is the first of its kind in the Arabian Gulf region, will once again recognize publicly listed companies for their achievements and proactive efforts to foster professional investor relations standards.
Mr."...Continue Reading >
July 23, 2016
A meeting of shareholders in Portugal’s Banco BPI, that started on Friday and was expected to lift a 20 percent limit on voting rights, was suspended until September due to a legal injunction, in a new snag for a takeover bid by Spain’s Caixabank.
The bid is opposed by the bank’s No. 2 shareholder, Angolan investor Isabel dos Santos, the daughter of Angola’s"...Continue Reading >
July 21, 2016
Visa Inc. (NYSE:V) announced today the full Team Visa roster for the Rio 2016 Olympic Games. With 60 athletes, it is the most expansive group of Olympic and Paralympic athletes that Visa has supported to date.
Team Visa has grown by 62 percent"......Continue Reading >
July 19, 2016
Bank of America today reported its second-quarter 2016 financial results. The news release, supplemental filing and investor presentation can be accessed in the following ways:
July 18, 2016
The Algerian Popular Credit (CPA) plans to increase the number of agencies over the next three years to 180, said yesterday in Batna its CEO, Omar Boudhiab.
3 new branches will be opened in the Algiers region, this current year, and 30 other agencies are under construction across the country as part of the bank's network expansion strategy accompanying the government's economic development program, Mr. Boudhiab said.
Forex News Headline
BoJ Holds Off Bazooka, Offers Smattering of Easing Measures
USD/JPY Shows Brexit-Like Anxiety Heading into BoJ Decision
U.S. GDP Game Plan: EUR/USD Rebound Looks to Data for Fuel
China’s Market News: Yuan Rose to 3-Week Highs After FOMC
EUR/JPY Primed for BoJ - Levels to Know
Crude Oil Price Looks To Part Ways With Gold As Dollar Demand Remains...