Posted at 16:11h
in
News
by KMFSLLP
Consortium says majority of businesses will not have rating required to receive cheap finance
...
Posted at 16:10h
in
News
by KMFSLLP
To proclaim ‘we will do the right thing at the right time’ is nonsense. There is no polite way of putting it
...
Posted at 16:10h
in
News
by KMFSLLP
Banks should immediately
halt share buybacks, dividends and most staff bonuses to bolster
capital and increase the capacity to lend to the real economy, a
group of former senior regulators said in a statement to G20
finance ministers and central bankers on Thursday.
Posted at 16:07h
in
News
by KMFSLLP
Sudan's prime minister has
appointed Mohamed al-Fatih Zainelabidine as governor of the
central bank, his office said in a statement on Thursday.

...
Posted at 15:57h
in
News
by KMFSLLP
Kingspan will cut
executive pay by 50% and implement a 40% cut for the rest of its
14,500 staff for two months due to unprecedented production and
demand disruption from coronavirus, according to a letter to
staff obtained by Reuters on Thursday.
Posted at 15:52h
in
News
by KMFSLLP
An investment firm founded by a
former senior portfolio manager at Tudor Investment Corp,
Theodoros Tsagaris, is up 17.7% since the start of March, when
markets went into a coronavirus-fuelled tailspin.

...
Posted at 15:52h
in
News
by KMFSLLP
Seen as a quintessentially
safe bet for many Americans, the $3.8 trillion money-market fund
industry is under severe duress for a second time in the past
decade as investors weigh the risk of a global economic
shutdown.
Posted at 15:50h
in
News
by KMFSLLP
Unanimous decision after second emergency meeting noted ‘economic disruption’ ahead
...
Posted at 15:43h
in
News
by KMFSLLP
* Central bank delivers 100bps cut to support flagging
growth

...
Posted at 15:43h
in
News
by KMFSLLP
Some banks in Britain are
struggling to provide financial support to homeowners and
businesses battered by the coronavirus pandemic, with demand
surging after the government announced a series of aid measures
including an emergency lending scheme.