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Category Archives: 3
Sensex gains 54 points
After being in the red for three consecutive sessions, in the wake of the controversy over the SEBI’s proposal on P-Notes, the BSE-Benchmark Sensex ended positive on Monday. The Sensex gained 54 points and closed at 17613.99. By Friday, when … Continue reading
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The future of banking technology?
Service oriented architectures and web services can provide real benefits to the finance industry says Julian Dobbins, senior marketing development manager at Micro Focus. The reported increased profitability in the US and Europe suggests that retail banks are meeting the … Continue reading
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Banking on a strong recovery
The past five years were heady times for financial services companies as they lent money out at low interest rates to home buyers and corporations alike and watched profits soar. Bank stocks climbed as the firms cashed in on a … Continue reading
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National Bank benefits from investment banking fees
National Bank reported net income of $233 million in the second quarter of fiscal 2007, an increase of nine per cent over the same period last year, largely on the back of higher profits in its financial markets and wealth … Continue reading
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Banking & Finance
Moody’s Investor Service has changed the outlook to positive on South African banks’ Baa1 foreign currency long-term bank deposit ratings and foreign currency long-term issuer ratings of two development institutions. This action follows Moody’s earlier change in outlook on the … Continue reading
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Investing May Be as Simple as Paying Down Your Debt
If you have begun to research investing, then it is a sign that you are interested in taking full responsibility for your financial state in general. The first step in doing so is to examine your financial status in four … Continue reading
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