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Public Interest Groups Oppose Loosening Rules For Fintech Providers

CFPB Sandbox for Financial Services Firms Sacrifices Consumer Protections WASHINGTON D.C. — A coal.....»»

Category: blogSource: valuewalkOct 11th, 2018

Govt may relax clause that dissuaded foreign firms from taking part in OALP

The last date for submitting an expression of interest (EOI) for the second round of the OALP was May 15.....»»

Category: topSource: business-standardMay 24th, 2018

Provisioning woes take toll on 4 PSBs; Canara, Dena, United banks in red

Following the RBI's new rules for restructuring of such assets, all banks had to change the status of some of their standard stressed assets, classifying these as NPAs in the quarter.....»»

Category: topSource: business-standardMay 11th, 2018

JPMorgan Applies to Launch Brokerage in China

JPMorgan Chase is seeking approval from a Chinese regulator to launch a joint-venture brokerage in the country, becoming the latest bank to explore the opportunity after Chinese authorities loosened rules on foreign firms controlling such ventures......»»

Category: asiaSource: wsjMay 11th, 2018

SC asks directors of Unitech Ltd to give details of personal assets

The bench headed by Dipak Misra directed that neither any director, nor their agents or assignees "shall create any third party interest in the properties" of the firms.....»»

Category: topSource: business-standardMay 2nd, 2018

China eases rules: Foreign firms can own stakes in security ventures

China's announcement of the changes in 2017 coincided with a visit by US President Donald Trump to the country.....»»

Category: topSource: business-standardApr 29th, 2018

RBI eases rules for foreign investors, lifts 3-yr cap on bond investments

Move follows weak interest in two recent auctions that saw a spike in sovereign debt yields.....»»

Category: topSource: business-standardApr 28th, 2018

160-year-old department store Bon-Ton is preparing to liquidate its assets

Charles Krupa / AP Images Two liquidation firms have won an auction for The Bon-Ton Stores' assets.&nbs.....»»

Category: topSource: businessinsiderApr 18th, 2018

Tobacco farmers argue for banning FDI but major firms warn of monopoly

Current rules prohibit a foreign entity from investing in the manufacture of all forms of smoking and chewing tobacco products, including cigarettes, bidis and cigars.....»»

Category: topSource: business-standardApr 11th, 2018

State Bank of India, Punjab National Bank to sell 15 NPAs worth Rs 10.63 bn

Leading public sector lenders State Bank of India (SBI) and Punjab National Bank (PNB) have put their 15 non-performing assets worth Rs 1,063 crore for sale. Both the banks said they will conduct the e-auction on 20th of this month.....»»

Category: topSource: business-standardApr 8th, 2018

Capitol Report: Bipartisan bill proposes putting proxy firms under SEC’s authority

Bill has support from all sides but proxy firms are chafing at accusations of widespread conflicts of interest.....»»

Category: topSource: marketwatchNov 16th, 2018

Are Hedge Funds Losing Faith in Foreign Banks Like Banco Bilbao Vizcaya Argentaria SA (BBVA)?

“Market volatility has picked up again over the past few weeks. Headlines highlight risks regarding interest rates, the Fed, China, house.....»»

Category: topSource: insidermonkeyNov 14th, 2018

Franklin Templeton taps into Israel"s $67 billion retail market

Franklin Templeton Investments entered the $67 billion Israeli retail market on Tuesday after the government allowed foreign firms to offer offshore products directly to investors......»»

Category: topSource: reutersNov 13th, 2018

Short Interest in 3D Printing Stocks Losing Steam

Short interest on 3D printing firms mostly decreased in the two-week reporting period through October 31. Trading was active, however......»»

Category: blogSource: 247wallstNov 12th, 2018

Foreign Buying of Chinese Bonds Slows as Yuan Falls

A weaker currency and a narrowing premium over U.S. interest rates have dented global investors’ enthusiasm for China’s roughly $12 trillion bond market......»»

Category: asiaSource: wsjNov 12th, 2018

Auction for shuttered Hawaii Kai nursery assets ends Sunday

Nearly 900 lots of plants, pots and other nursery and landscaping items from the shuttered Hiromi’s Nursery in Hawaii Kai are being sold for as little as $1 in an online auction that ends on Sunday. The nursery wound down operations over the la.....»»

Category: topSource: bizjournalsNov 9th, 2018

Trump to Issue New Rules for Asylum Seekers

The Trump administration is moving ahead with a plan to limit when and where foreign nationals can apply for asylum at the U.S. border with Mexico......»»

Category: topSource: wsjNov 9th, 2018

New Opportunity Zone rules: what was and wasn’t addressed

By Sean M. Aylward and Bozena M. Diaz, Chiesa Shahinian & Giantomasi PC Since being unveiled as part of the Tax Cuts and Jobs Act of 2017, the Qualified Opportunity Zone Program has piqued the interest of savvy real estate inve.....»»

Category: realestateSource: realestateweeklyNov 7th, 2018

Investors Bank looks for merger partner

Investors Bank, whose growth has been pinched by rising interest rates, is looking for a suitor after 92 years of independence.The New Jersey-based lender with $26 billion in assets has hired... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkNov 6th, 2018

UK regulator says EU firms express transition interest

Britain's financial regulator says about 1,300 firms from the rest of the European Union have expressed interest in a proposal that would smooth the transition for their businesses if the U.K. leaves the bloc without an exit deal......»»

Category: topSource: foxnewsNov 6th, 2018