Archive | December, 2011

Central Banks Racing to Gold Following Recent Fed Action, According to Leading Financial Newsletter Profit Confidential

New York, NY (PRWEB) October 07, 2012 Michael Lombardi, financial expert and lead contributor to Profit Confidential, reports that gold bullion prices have been hovering a little below $ 1,800 an ounce. Lombardi states that, with the recent increase in money printing by the Federal Reserve, gold will move higher as central banks race to [...]

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Chinese Economy Faces Decline, Leading Financial Newsletter Profit Confidential Reports

New York, NY (PRWEB) August 28, 2012 Michael Lombardi, lead contributor to Profit Confidential, believes that Chinese corporations are facing declining corporate profits, which is one of the main reasons why the Chinese economys main stock market, the Shanghai Composite Index, is down 17% from a year ago. In the article Chinese Economy Shows [...]

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UPDATE 2-German watchdog wants swift transition to Basel III

Basel III von aussen Image by pppspics UPDATE 2-German watchdog wants swift transition to Basel III BaFin's Koenig says Basel III needs swift, global adoption. * Comment follows U.S. criticism of Basel III rules. * Bankers worry rules could push up lending costs. FRANKFURT, Nov 19 (Reuters) – There should be a swift, worldwide introduction [...]

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Latest People’s Bank Of China News

People's Bank of China injects RMB89 billion of liquidity in open market operation People's Bank of China offers RMB89 billion of liquidity through open market operation today. Today's open market operation includes RMB46 billion of 7-day reverse repo at 3.35% and RMB43 billion of 14-day reverse repo at 3.45%. Rates are unchanged. Read more on [...]

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Latest Tier 1 Capital News

DCB to augment Tier-1 capital Development Credit Bank (DCB) will be augmenting its Tier-I capital by issuing additionally 93 lakh equity shares of Rs. 10 each at a premium of Rs. 33.68 on a preferential basis. WCP Holdings III, an existing shareholder with 2.55 per cent stake, will … Read more on The Hindu Regulatory [...]

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Low interest rates provide boost to auto loan business

Low interest rates provide boost to auto loan business Record-low interest rates have propped up a slow-to-recover housing industry. Even lower rates are helping the auto finance industry surge, as many firms see exponential growth and consumers get great deals. Many drivers who have been riding out the … Read more on Minneapolis Star Tribune [...]

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Bank of Japan defies government, holds off easing

Bank of Japan defies government, holds off easing Following a two-day policy meeting, the Bank of Japan (BoJ) announced on Tuesday that it would not implement additional monetary easing measures to spur Japan's struggling economy. BoJ's policy board also voted unanimously to hold interest rates … Read more on Deutsche Welle Bank Of Japan Keeps [...]

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Latest Monetary Policy News

RBI's tight monetary policy resulted in slowing down of growth: Chidambaram "Among domestic factors, the tightening of the monetary policy in order to control inflation resulted in the slowing down of investment and growth, particularly in the industrial sector," Finance Minister P Chidambaram said in a reply to the Rajya Sabha. Read more on NDTV [...]

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Germany's Gold and Your Silver

Norton Gold Reserve – Produkt Image by saint-gobain abrasives, sweden Norton lanserar ett nytt sortiment slipprodukter för slipning av bl.a. lack och spackel. Det nya sortimentet som har beteckningen Gold Reserve, omfattar olika typer av rondeller och ark. Germany's Gold and Your Silver The recent furor over Germany's request to audit its gold reserves being [...]

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Latest Financial Repression News

The Age of Financial Repression Meanwhile, Western central banks are using another kind of financial repression by maintaining negative real interest rates (yielding less than the rate of inflation), which enables them to service their debt for free. The European Central Bank's … Read more on Project Syndicate Socialism 'No', But Financial Repression 'Yes' It [...]

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CIGI Experts Outline Prescriptions for Cannes Summit and Beyond in Special Report on G20 Issues

Waterloo, Ont. (PRWEB) October 20, 2011 With a possible euro zone collapse and Greek insolvency likely to dominate the upcoming [...]

Pathways Home Health and Hospice Satu Johal Receives CFO of Year of the Year Award; Silicon Valley Business Journal Honoree

Sunnyvale, California (PRWEB) December 02, 2011 Satu Johal, CFO at Pathways Home Health & Hospice, received the Silicon Valley Business [...]

Latest Financial Regulation News

Working Together Towards Better Financial Regulation and Stability in Asia Image by Asian Development Bank Tellers attend to clients in [...]

European financial regulation – 4 questions to Olivier Garnier (Societe Generale)

Olivier Garnier, Chief economist at Societe Generale Group, expresses his view on European financial regulation and its reform. Video interview [...]

AMS Health Care Mortgage Corporation Provides Debt Service Savings to Hospitals Utilizing FHA 242 Mortgage Insurance Program

Jacksonville, FL (PRWEB) August 30, 2013 An oft-overlook and relatively unknown federal program for hospitals seeking capital for needed and [...]

Vermont’s Captive Insurance Industry Off to Best Start Since 2005

Montpelier, VT (PRWEB) April 16, 2012 First quarter licensure of new captive insurance companies is off to a strong start [...]