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Author: KMFSLLP

04 Mar Revolut hires former Goldman Sachs banker Michael Sherwood

Posted at 00:01h in News by KMFSLLP 0 Comments

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Revolut has hired former Goldman Sachs banker Michael Sherwood as a non-executive director, the fast-growing digital banking app said on Thursday.

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04 Mar British fund industry warns companies on climate risk

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Britain's investment industry trade body has warned companies ahead of their 2020 annual general meetings that they must disclose more about how they are handling climate change risk.

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03 Mar UPDATE 1-Brazilian credit bureau Boa Vista SCPC files for IPO

Posted at 23:52h in News by KMFSLLP 0 Comments

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Brazilian credit bureau Boa Vista SCPC filed for an initial public offering with the country's securities industry regulator CVM, according to documents on the regulator website.

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03 Mar UPDATE 3-IMF chief says coronavirus erases hopes for stronger growth in 2020

Posted at 23:36h in News by KMFSLLP 0 Comments

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The global spread of the novel coronavirus has crushed hopes for stronger growth this year and will hold 2020 global output gains to their slowest pace since the 2008-2009 financial crisis, International Monetary Fund Managing Director Kristalina Georgieva said on Wednesday.

03 Mar Carlyle curbs staff travel in response to coronavirus spread -sources

Posted at 23:32h in News by KMFSLLP 0 Comments

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Private equity firm Carlyle Group Inc has restricted travel for its employees, as the threat from the global coronavirus outbreak continues to rise, people familiar with the matter said on Wednesday.

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03 Mar RPT-India pushes state banks to boost lending as coronavirus fears grow – sources

Posted at 23:30h in News by KMFSLLP 0 Comments

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India is pushing state-run banks to approve new loans amounting to 500-600 billion rupees ($6.8-8.2 billion) by the end of March, according to two government sources, as authorities seek to shore up a stuttering economy as the coronavirus spreads.

03 Mar Flybe hours from collapse as final flights land

Posted at 23:03h in News by KMFSLLP 0 Comments

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Government rejects £100m state loan to airline now struggling over coronavirus

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03 Mar New York-area banks, insurers and funds step up coronavirus preparation

Posted at 22:56h in News by KMFSLLP 0 Comments

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Financial firms in New York City were testing remote-work capabilities, implementing new travel restrictions and canceling or modifying upcoming events as the coronavirus outbreak - already on the finance capital's doorstep - showed little sign of abating.

03 Mar UPDATE 1-Fed adopts new ‘stress capital buffer’ for large U.S. banks

Posted at 21:53h in News by KMFSLLP 0 Comments

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The U.S. Federal Reserve unveiled new rules on Wednesday that create a "stress capital buffer" to determine how much banks must hold in reserve to guard against downturns.