Interbank lending benchmark Libor needs a large technical overhaul in which banks introduce automated calculations...
Mar 26 2014, 7:17am CDT
Read More Banking Stories
One hundred years ago today President Wilson signed the Federal Reserve Act, thus creating the Federal Reserve System,...
Dec 23 2013, 9:36am CST
Source: Public Eye
BERENG MPAKI MASERU – Standard Lesotho Bank has pioneered a new banking product that is targeting children. The Hippo Children’s Account, as the p ...
Full article at: Public Eye
3 hours ago
Last month, Oxford Dictionaries declared “selfie” the word of the year for 2013.
That’s a triumph for social media fans...
Dec 23 2013, 9:06am CST
Source: AME Info
In the framework of the preparation for the 10th World Islamic Economic Forum (WIEF), which will be organised in Dubai from 28-30 October 2014, a report by the Dubai Chamber of Commerce and Industry based on a recent study by Ernst and Young stated that global Islamic ba ...
Full article at: AME Info
5 hours ago
We are at war. The war I’m talking about doesn’t use those cute, bloodless drones that wreak havoc on foreign soil…or...
Dec 22 2013, 8:11am CST
Equity Mutual Funds delivered mixed returns as the Equity benchmarks managed to end at record closing highs amid volatility on Wednesday, largely supported by technology stocks and banki ...
Full article at: Moneycontrol.com
7 hours ago
Source: Channel News Asia
BEIJING: A key measure of Chinese manufacturing activity hit an 18-month high in July, HSBC said Thursday (July 24), in a further sign the world's second-largest economy is gaining momentum on the back of Beijing's mini-stimulus.The HSBC preliminary purchasing managers index (PMI), which tracks activity in China's factories and workshops, leapt to 52.0 this month, its highest since January 2013, according to the British banking giant. It was a substantial ...
Full article at: Channel News Asia
9 hours ago
The Mortgage rates hit a new 2-year high, which is actually a good thing.
Jul 12 2013, 1:12am CDT