KM Financial Solutions | News

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News

05 Mar HMRC targets hidden foreign income

Posted at 21:30h in News by KMFSLLP 0 Comments

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Tax authority sends out thousands of letters warning against false declarations

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05 Mar UPDATE 3-JPMorgan CEO Dimon ‘feels really good’ after emergency surgery-sources

Posted at 21:30h in News by KMFSLLP 0 Comments

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JPMorgan Chase & Co Chief Executive and Chairman Jamie Dimon told senior colleagues he "feels really good" after undergoing emergency heart surgery, and his doctors are "happy" with his recovery so far, sources familiar with the matter told Reuters on Friday.

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05 Mar Citigroup waives certain fees for consumers impacted by coronavirus

Posted at 21:27h in News by KMFSLLP 0 Comments

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Citigroup Inc said on Friday it will waive monthly bank account fees and certificate of deposit penalties for consumers impacted by coronavirus.

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05 Mar WRAPUP 1-Standard U.S. economic weapons may be inadequate for coronavirus crisis

Posted at 20:58h in News by KMFSLLP 0 Comments

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As the risks of the coronavirus outbreak continue to rise, U.S. officials are wrestling with what to do in the worst-case economic scenarios, if large numbers of people can't go to work, are told to stay home, or stop going out in public entirely.

05 Mar FX swaps market shows sign of U.S. dollar funding pressure

Posted at 20:49h in News by KMFSLLP 0 Comments

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The cost of raising U.S. dollar funds in the Japanese and European currency swaps market has surged this week, suggesting increased demand for the greenback and heightened funding stress related to the fast-spreading coronavirus.

05 Mar Fed’s use of balance sheet policies comes at a cost -George

Posted at 20:40h in News by KMFSLLP 0 Comments

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The U.S. Federal Reserve's reliance on maintaining an ample balance sheet to help the economy poses risks to financial stability and the central bank's independence, Kansas City Fed Bank President Esther George said on Friday.

05 Mar UPDATE 1-Mastercard shuts Sao Paulo office, NY site after employee diagnosed with coronavirus

Posted at 20:28h in News by KMFSLLP 0 Comments

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Mastercard Inc closed its office in Sao Paulo and an annex location near its headquarters in New York after an employee was diagnosed with coronavirus.