KM Financial Solutions | News

archive,paged,category,category-news,category-8,paged-4358,category-paged-4358,qode-quick-links-1.0,ajax_fade,page_not_loaded,,qode_grid_1300,footer_responsive_adv,hide_top_bar_on_mobile_header,qode-child-theme-ver-1.0.0,qode-theme-ver-11.2,qode-theme-bridge,wpb-js-composer js-comp-ver-5.2.1,vc_responsive

News

18 Nov UPDATE 7-Danske whistleblower says big European bank handled $150 bln in payments

Posted at 20:59h in News by KMFSLLP 0 Comments

0 Likes

* Deutsche confirms acted as correspondent bank for Danske in Estonia until 2015 (Adds source on Deutsche Bank, statement from German lender)

...

18 Nov Northern Irish DUP fail to back UK PM May in finance bill votes

Posted at 20:47h in News by KMFSLLP 0 Comments

0 Likes

The small Northern Irish Democratic Unionist Party (DUP) which supports British Prime Minister Theresa May's government failed to back her in several votes on a finance bill on Monday after being vocally critical of her draft Brexit deal.

18 Nov Deutsche Bank was correspondent bank for Danske Bank in Estonia – spokesman

Posted at 20:37h in News by KMFSLLP 0 Comments

0 Likes

Deutsche Bank processed payments for Danske Bank in Estonia but ended the relationship in 2015 after it found suspicious activity, a spokesman for the German lender said on Monday.

...

18 Nov UPDATE 1-Spain seeks assurances over Gibraltar in draft Brexit deal

Posted at 20:32h in News by KMFSLLP 0 Comments

0 Likes

Spain will not back the European Union's draft Brexit agreement unless it makes clear that Madrid must specifically agree on the status of Gibraltar, Spanish Foreign Minister Josep Borrell said on Monday.

...

18 Nov UPDATE 3-GE shakes up power unit leadership, taps retired exec to help

Posted at 20:21h in News by KMFSLLP 0 Comments

0 Likes

General Electric Co shook up its ailing power business again on Monday, naming a CEO for its new gas-power division and bringing a veteran GE executive back from retirement to help.

...

18 Nov UPDATE 2-Societe Generale to pay $1.4 bln to settle cases in the U.S.

Posted at 19:56h in News by KMFSLLP 0 Comments

0 Likes

* Penalties 2nd highest ever on a bank for violating sanctions

...

18 Nov U.S. Federal Reserve governor Randal Quarles poised to become FSB chair

Posted at 19:34h in News by KMFSLLP 0 Comments

0 Likes

Federal Reserve governor Randal Quarles is to become the new head of the Financial Stability Board, the international body that helps monitor and safeguard financial stability globally, two people familiar with the process said.

18 Nov UPDATE 3-Berlin imposes travel ban, arms freeze over Khashoggi killing

Posted at 19:32h in News by KMFSLLP 0 Comments

0 Likes

* France says it will announce sanctions (Adds details on arms programmes affected)

...

18 Nov UPDATE 1-Saudi king to open mine project, crown prince to attend G20

Posted at 19:19h in News by KMFSLLP 0 Comments

0 Likes

Saudi Arabia's King Salman will inaugurate the Waad Al-Shamaal mining project on Thursday, Alarabiya TV said on Twitter, quoting energy minister Khalid al-Falih.