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30 Jan EU bank regulators lay out tougher doomsday stress test

Posted at 17:05h in News by KMFSLLP 0 Comments

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EBA factors in period of ‘low for longer’ rates and 4%-plus economic contraction

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30 Jan EU banks face toughest stress test for low rates, no EU-UK trade deal

Posted at 17:00h in News by KMFSLLP 0 Comments

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The European Union's banking watchdog has launched its toughest stress test of lenders to check on their resilience to very low interest rates, trade tensions and Britain failing to get an EU trade deal after Brexit.

30 Jan Pound set for biggest weekly gain in a month

Posted at 16:49h in News by KMFSLLP 0 Comments

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* Graphic: Trade-weighted sterling since Brexit vote http://tmsnrt.rs/2hwV9Hv

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30 Jan UPDATE 2-Lebanon finance minister asks banks to cut interest rates

Posted at 16:33h in News by KMFSLLP 0 Comments

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Lebanon's finance minister urged the banks on Friday to cut interest rates and also tried to reassure savers that their deposits would not be touched as the country wrestles with a financial crisis.

30 Jan Sleeper trains can drive cleaner business travel

Posted at 16:24h in News by KMFSLLP 0 Comments

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Services have several advantages for business travellers over flying

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30 Jan UPDATE 1-Italy’s Carige appoints new board, ends 12 month special administration

Posted at 16:20h in News by KMFSLLP 0 Comments

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* Board will start process to readmit Carige to stock market (Adds details)

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30 Jan Westpac hit with class-action suit in U.S. linked to money-laundering case

Posted at 16:15h in News by KMFSLLP 0 Comments

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Australia's No. 2 lender Westpac Banking Corp said on Saturday a class-action lawsuit, naming former Chief Executive Brian Hartzer and interim CEO Peter King as defendants, has been filed in a U.S. court on behalf of its shareholders.

30 Jan Ex-Old Mutual boss Moyo extends court fight with appeal

Posted at 16:14h in News by KMFSLLP 0 Comments

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Former Old Mutual boss Peter Moyo has appealed against a court decision which overturned his temporary reinstatement as chief executive, in a move that will drag out a damaging court battle with the South African insurance group.

30 Jan Burger King says it never promised Impossible Whoppers were vegan

Posted at 16:10h in News by KMFSLLP 0 Comments

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Burger King, saying it never billed its "Impossible Whoppers" as vegan or promised to cook them a particular way, said a proposed class action by a vegan customer over the plant-based patties being cooked on the same grills as meat burgers should be thrown out.

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30 Jan Buenos Aires gives bondholders until Feb 3 to accept proposal to delay repayment

Posted at 16:09h in News by KMFSLLP 0 Comments

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Argentina's Buenos Aires province said on Friday it would push back until Feb. 3 a deadline for bondholders to accept its proposal to put off for months a $250 million repayment.

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News

30 Jan EU bank regulators lay out tougher doomsday stress test

30 Jan EU banks face toughest stress test for low rates, no EU-UK trade deal

30 Jan Pound set for biggest weekly gain in a month

30 Jan UPDATE 2-Lebanon finance minister asks banks to cut interest rates

30 Jan Sleeper trains can drive cleaner business travel

30 Jan UPDATE 1-Italy’s Carige appoints new board, ends 12 month special administration

30 Jan Westpac hit with class-action suit in U.S. linked to money-laundering case

30 Jan Ex-Old Mutual boss Moyo extends court fight with appeal

30 Jan Burger King says it never promised Impossible Whoppers were vegan

30 Jan Buenos Aires gives bondholders until Feb 3 to accept proposal to delay repayment

KM Financial Solutions LLP

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