Posted at 12:00h
in
News
by KMFSLLP
U.S. insurers are ramping up
cyber-insurance rates by as much as 25% and trying to curb
exposure to vulnerable customers after a surge of costly claims,
industry sources said.
...
Posted at 12:00h
in
News
by KMFSLLP
Most Wall Street banks
announced their fourth quarter profits beat industry
expectations last week. But by the end of this week, bank
sources and compensation experts told Reuters, most of their
staff will be underwhelmed by their bonuses.
Posted at 11:51h
in
News
by KMFSLLP
Hungarian banks say they have
spent up to $133 million on a new instant-payments system and
won't pass on the cost to customers, but are seeking to recoup
part of it by asking the government to ease a financial
transaction tax.
...
Posted at 11:48h
in
News
by KMFSLLP
Lebanon should restructure its
Eurobonds, including a $1.2 billion issue maturing in March, and
secure a multi-billion dollar IMF bailout to stave off economic
meltdown, its former labour minister said.
...
Posted at 11:38h
in
News
by KMFSLLP
Lebanon ushered in a new
government that will need to walk a political tightrope, as
President Michel Aoun said its main task was to win back
international confidence that could unlock the funding the
crisis-hit country badly needs.
Posted at 11:28h
in
News
by KMFSLLP
Market data suggest investors are scaling back bets for an interest-rate cut
...
Posted at 11:24h
in
News
by KMFSLLP
South African Airways (SAA)
should be retained as a national airline but requires
substantial restructuring, the governing African National
Congress (ANC) party's Secretary General Ace Magashule said on
Wednesday.
...
Posted at 11:21h
in
News
by KMFSLLP
London-based asset manager CQS,
founded by billionaire investor Michael Hintze, said on
Wednesday that Xavier Rolet is to step down as chief executive
in February and take up a position as strategic adviser.
Posted at 11:16h
in
News
by KMFSLLP
* Plan would let Hong Kong, Thai banks use a CBDC to move
funds
...
Posted at 11:13h
in
News
by KMFSLLP
Asian investors with money in
the U.S. equities market are unwilling to cash out their bets
just yet - but some are beginning to buy insurance against a
correction, according to a quant fund manager who advises
clients on asset allocation.
...
