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Author: KMFSLLP

13 May Financial trade group says it reaches agreement with exchanges in U.S. database dispute

Posted at 00:26h in News by KMFSLLP 0 Comments

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A financial industry trade group said on Wednesday it resolved a dispute with U.S. stock exchanges that had threatened to hold brokers liable for any breaches of a new trading database controlled by the exchanges and the Financial Industry Regulatory Authority (FINRA).

12 May Brazil’s airline bailout falls again in value to $680 million -source

Posted at 23:41h in News by KMFSLLP 0 Comments

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Brazilian state development bank BNDES on Wednesday offered airlines a 4 billion reais ($680 million) rescue package, less than half of what was initially anticipated, a source with knowledge of the matter said.

12 May UPDATE 2-Arab Bank Q1 profit drops 36% on coronavirus provisions

Posted at 23:27h in News by KMFSLLP 0 Comments

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Arab Bank Group, Jordan's largest lender, said on Wednesday its first-quarter profit dropped 36% as it increased provisions to cope with disruptions from the coronavirus pandemic, but loans and customer deposits continued to grow.

12 May Mortgage market springs back into action

Posted at 23:01h in News by KMFSLLP 0 Comments

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Lifting of restrictions frees up options for borrowers

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12 May Permira sells TeamViewer shares worth at least $1.1 billion

Posted at 22:33h in News by KMFSLLP 0 Comments

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Private equity investor Permira on Wednesday offered around 25 million shares in German software company TeamViewer, one of the banks running the sale said.

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12 May UK contact-tracing app risks excluding millions, warn advisers

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

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Ethics board overseeing program fears many will not have up-to-date smartphones — or any device at all

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12 May UPDATE 3-Canada’s oil producers need climate targets to draw investment, Trudeau says

Posted at 21:11h in News by KMFSLLP 0 Comments

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Canada's oil producers need to set clear targets to fight climate change to continue to attract global capital, Canadian Prime Minister Justin Trudeau said on Wednesday, as the country's carbon-intensive oil sands industry faces heightened environmental scrutiny from investors.

12 May UPDATE 2-Italy approves long-delayed economic stimulus package in coronavirus fight

Posted at 21:06h in News by KMFSLLP 0 Comments

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* Includes mix of grants and tax breaks (Adds quotes, details, background)

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12 May UPDATE 1-Illinois hit with fat yields in $800 million bond sale

Posted at 21:04h in News by KMFSLLP 0 Comments

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Illinois paid a stiff penalty for its financial woes on Wednesday with yields in the state's sale of $800 million of bonds topping out at a hefty 5.85%.

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12 May Wells Fargo keeps work-from-home policies at least through June – memo

Posted at 21:00h in News by KMFSLLP 0 Comments

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Wells Fargo & Co is advising employees to work from home through at least June 30, it said in a memo on Wednesday, noting that the bank is unlikely to return to business as usual the next day.

Author: KMFSLLP

13 May Financial trade group says it reaches agreement with exchanges in U.S. database dispute

12 May Brazil’s airline bailout falls again in value to $680 million -source

12 May UPDATE 2-Arab Bank Q1 profit drops 36% on coronavirus provisions

12 May Mortgage market springs back into action

12 May Permira sells TeamViewer shares worth at least $1.1 billion

12 May UK contact-tracing app risks excluding millions, warn advisers

12 May UPDATE 3-Canada’s oil producers need climate targets to draw investment, Trudeau says

12 May UPDATE 2-Italy approves long-delayed economic stimulus package in coronavirus fight

12 May UPDATE 1-Illinois hit with fat yields in $800 million bond sale

12 May Wells Fargo keeps work-from-home policies at least through June – memo

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