Published on July 15, 2010 by Technology Slice
Many Affected By The BP Oil Spill – Financial institutions whose customers are affected by the BP PLC oil spill should try to expedite loans, ease credit terms and consider waiving late fees and penalties, U.S. banking regulators said Wednesday. The announcement, made by the Federal Reserve and all the other U.S. banking regulators, comes [...]
Tags: Anticipation, Atm Fees, banks, Borrowers, Bp, Bp Oil Spill, Bp Plc, Credit Losses, Economic Damages, Enough Money, Federal Reserve, Financial Institutions, Gulf Coast Residents, Hurricanes, Late Fees, Loan Fees, Measures, Payment Charges, Receipt, Regulators
Posted in World
Published on March 16, 2010 by Technology Slice
UBS Gets Tax Queries From Australia – Swiss banking giant UBS says Australian, British and Canadian tax authorities have filed requests for information after it settled a massive tax evasion case with US authorities. Following the deal with the US “tax and regulatory authorities in a number of countries have requested information relating to the [...]
Tags: Annual Report, Canada, Cross Border, Financial Institutions, Financial Privacy, Giant, Governments, Inquiries, Lawmakers, Massive Tax, Number Of Countries, Regulatory Authorities, Swiss Banking, Tax Australia, Tax Authorities, Tax Evasion Case, Tax Queries, Ubs, Wealth Management Services
Posted in Money
Published on February 19, 2010 by Technology Slice
Fed Raises Discount Rate – The Federal Reserve Board raised the discount rate charged to banks for direct loans by a quarter point to 0.75 percent and said the move will encourage financial institutions to rely more on money markets rather than the central bank for short-term liquidity needs. “These changes are intended as a [...]
Tags: American International Group, American International Group Inc, Backstop, Bond Dealers, Direct Loans, Exigent Circumstance, Fed Board, Federal Reserve, Federal Reserve Board, Financial Institutions, Great Depression, International Group Inc, Jeffries, Money Markets, Normalization, Policy Outlook, Quarter Point, Term Liquidity, Treasuries, Zervos
Posted in Money
Published on February 3, 2010 by Technology Slice
Banking is one of the most important industries in the world today. The economy of every country in the world flows through the various banks and financial institutions that exist in the world.
Tags: Banking Terms, banks, economy, Financial Institutions, World Today
Posted in General
Published on January 30, 2010 by Technology Slice
As world economic leaders convene at the 40th World Economic Forum in Davos, Switzerland (DAVOS 2010), polls have shown that fears are mounting among business leaders being increasingly fearful of over-regulation by Governments. How to get out of the global economic crisis is key on the agenda but the concern for business owners particularly owners of financial institutions is how the outcome of their deliberations can affect the competitiveness of their actual and potential investments.
Tags: Agenda, Banking And Finance, Banking Finance, Business Leaders, Business Owners, Competitiveness, Davos Switzerland, Deliberations, Economic Leaders, Fears, Finance Practice, Financial Institutions, Global Economic Crisis, Governments, Investments, Polls, World Economic Forum, World Leaders
Posted in General
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