KM Financial Solutions | News

archive,paged,category,category-news,category-8,paged-3041,category-paged-3041,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

07 May UPDATE 1-Ban on dividends, share buybacks for bailed-out EU firms

Posted at 18:34h in News by KMFSLLP 0 Comments

0 Likes

Virus-hit companies bailed out by EU governments will face a ban on dividends, share buybacks and bonuses for so long as the state holds a stake in them, the European Commission said on Friday.

07 May UPDATE 1-Wirecard revamps management board amid probes

Posted at 18:09h in News by KMFSLLP 0 Comments

0 Likes

Wirecard Chief Executive Markus Braun apologised to shareholders on Friday as the company announced a reshuffle of its management board and appointed a new compliance officer, days after the hedge fund TCI demanded Braun's removal.

07 May Colony Capital reports $3.2 billion defaults on portfolio loans

Posted at 17:50h in News by KMFSLLP 0 Comments

0 Likes

Real estate and investment firm Colony Capital Inc said on Friday its portfolio companies had defaulted on $3.2 billion of debt secured by hotels and healthcare-related properties.

...

07 May As pandemic rages, anything goes for bitcoin’s third ‘halving’

Posted at 17:44h in News by KMFSLLP 0 Comments

0 Likes

Bitcoin is about to undergo a scheduled technical adjustment as the number of new coins awarded the computer wizards who "mine" the cryptocurrency will be cut in half, but forecasting which way its price will move afterward is more complicated now.

...

07 May EU governments allowed to take stakes in virus-hit firms

Posted at 17:41h in News by KMFSLLP 0 Comments

0 Likes

The European Commission on Friday adopted rules allowing EU governments to help virus-hit companies by acquiring stakes in the firms, which will be subjected to a ban on dividends, share buybacks, bonuses and acquisitions.

07 May UPDATE 1-China’s Kingsoft sees stock pop in U.S. market debut

Posted at 17:22h in News by KMFSLLP 0 Comments

0 Likes

Shares of China's Kingsoft Cloud Holdings Ltd jumped over 25% on its U.S. market debut, indicating strong investor interest at a time when capital markets globally have been roiled by an economic crisis from the COVID-19 pandemic.

07 May Wirecard revamps management board amid probes

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

0 Likes

Wirecard on Friday reshuffled its management board, including the appointment of a new compliance officer, as the payments system provider faces multiple regulatory probes into financial disclosure.

...

07 May UPDATE 1-Bank of Portugal postpones capital buffer phase-in for banks to Jan 2022

Posted at 17:02h in News by KMFSLLP 0 Comments

0 Likes

The Bank of Portugal said on Friday it had postponed a phased increase in capital buffers for banks identified as "other systemically important institutions" by one year to Jan. 1, 2022, as part of its response to the coronavirus pandemic.

07 May UPDATE 1-EU agrees first part of coronavirus economic rescue, but job not done yet

Posted at 16:59h in News by KMFSLLP 0 Comments

0 Likes

* Governments still apart over how to finance recovery (Writes through after agreement)

...

07 May UPDATE 1-Fed to augment bank stress tests with pandemic-focused ‘analyses’ of bank finances

Posted at 16:47h in News by KMFSLLP 0 Comments

0 Likes

The Federal Reserve plans to build on the upcoming round of bank stress tests by conducting additional "sensitivity analyses" that reflect the ongoing pandemic-driven turmoil.

...

News

07 May UPDATE 1-Ban on dividends, share buybacks for bailed-out EU firms

07 May UPDATE 1-Wirecard revamps management board amid probes

07 May Colony Capital reports $3.2 billion defaults on portfolio loans

07 May As pandemic rages, anything goes for bitcoin’s third ‘halving’

07 May EU governments allowed to take stakes in virus-hit firms

07 May UPDATE 1-China’s Kingsoft sees stock pop in U.S. market debut

07 May Wirecard revamps management board amid probes

07 May UPDATE 1-Bank of Portugal postpones capital buffer phase-in for banks to Jan 2022

07 May UPDATE 1-EU agrees first part of coronavirus economic rescue, but job not done yet

07 May UPDATE 1-Fed to augment bank stress tests with pandemic-focused ‘analyses’ of bank finances

KM Financial Solutions LLP

Latest Financial News

Contact Us for Information