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Author: KMFSLLP

07 Nov French bank Natixis notches up 10 percent rise in Q3 profits

Posted at 17:15h in News by KMFSLLP 0 Comments

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Third quarter net profits at French investment bank Natixis rose 10 percent to 422 million euros ($481.54 million), helped by an 8 percent increase in revenues.

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07 Nov Brazil’s Bolsonaro eyes former directors to lead central bank -source

Posted at 17:14h in News by KMFSLLP 0 Comments

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Brazilian President-elect Jair Bolsonaro is considering several former central bank directors to lead the institution but has not yet ruled out current head Ilan Goldfajn remaining in the role, a campaign source told Reuters on Thursday.

07 Nov Mexico stocks plunge on ruling party bank commissions plan

Posted at 17:13h in News by KMFSLLP 0 Comments

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Mexico's banking stocks plunged on Thursday, after a Mexican senator from the president-elect's party released a bill proposal that would prohibit or curb banks from charging commissions for certain services.

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07 Nov UPDATE 1-Post-midterms rally in European stocks fizzles out

Posted at 17:11h in News by KMFSLLP 0 Comments

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* ProSieben dives 14 pct, Inmarsat falls 8.6 pct after results (Updates prices, adds quotes, details)

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07 Nov French company Edenred buys U.S. firm CSI for around $600 mln

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

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French meal vouchers and card provider company Edenred is buying U.S. firm Corporate Spending Innovations (CSI) for around $600 million, in a deal which Edenred said would boost its earnings.

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07 Nov Bridge collapse costs Genoa companies 422 mln euros in damages -Chamber of Commerce

Posted at 16:56h in News by KMFSLLP 0 Comments

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The collapse of a bridge in Genoa, which claimed 43 lives, has cost companies in the Italian city around 422 million euros ($482 million) in damages, the Genoa Chamber of Commerce said.

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07 Nov UPDATE 1-KPMG to phase out non-audit work for British bookkeeping clients

Posted at 16:52h in News by KMFSLLP 0 Comments

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* PwC says limits on non-audit work could be necessary (Adds PwC comment)

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07 Nov Spanish banks won’t be allowed to deduct stamp duties from tax bill

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

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Spain's banks will not be permitted to deduct mortgage stamp duty from their annual tax liabilities, Budget Minister Maria Jesus Montero said on Thursday, as the government prepares to make banks pay the tax instead of customers.

07 Nov Big Four break-up not answer to audit problems

Posted at 16:45h in News by KMFSLLP 0 Comments

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The UK professional services sector is one of the crown jewels of the economy

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07 Nov EU plans reprieve to derivatives deals to avoid Brexit chaos

Posted at 16:22h in News by KMFSLLP 0 Comments

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Regulators will allow temporary exemptions to prevent disruption to thousands of uncleared derivatives contracts

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Author: KMFSLLP

07 Nov French bank Natixis notches up 10 percent rise in Q3 profits

07 Nov Brazil’s Bolsonaro eyes former directors to lead central bank -source

07 Nov Mexico stocks plunge on ruling party bank commissions plan

07 Nov UPDATE 1-Post-midterms rally in European stocks fizzles out

07 Nov French company Edenred buys U.S. firm CSI for around $600 mln

07 Nov Bridge collapse costs Genoa companies 422 mln euros in damages -Chamber of Commerce

07 Nov UPDATE 1-KPMG to phase out non-audit work for British bookkeeping clients

07 Nov Spanish banks won’t be allowed to deduct stamp duties from tax bill

07 Nov Big Four break-up not answer to audit problems

07 Nov EU plans reprieve to derivatives deals to avoid Brexit chaos

KM Financial Solutions LLP

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