Banking policy job filled - SENIOR CIVIL servant Ann Nolan has been appointed head of banking policy at the Department of Finance, the job vacated by Kevin Cardiff, who was promoted to the role of secretary general earlier this year.
Finance and Banking - Japan has been talking about Islamic finance for several years with Japan Bank for International Cooperation leading the way in terms of local research and development. However, up until recently, only a small number of Islamic finance deals have been done in this market.
Nolan new head of banking policy - Dublin: Finance Minister Brian Lenihan will select Ann Nolan as head of banking policy as the Government continues its efforts to aid lenders.
Muthoot Finance raises 1.57 bln rupees from PE funds - MUMBAI, July 29 (Reuters) - Non-banking finance firm Muthoot Finance Ltd said on Thursday it has raised 1.57 billion rupees from Baring Private Equity Partners India and Matrix Partners India for a minority stake in the firm.
Finance and Banking - On October 31, 2008, the Brazilian Securities Exchange Commission ("CVM") issued Rule No. 472 ("ICVM 472") which introduced significant changes in the regulation of Real Estate Investment Funds ("FII", similar to the US REIT Real Estate Investment Trust) by updating and modernizing the rules applicable to the FII, in line with CVM Rule No. 409, dated August 18, 2004 ("ICVM 409"), and CVM Rule ...
Finance and Banking - With a flourish of his pen on the 21st of July 2010, U.S.
Finance and Banking - Joint Ventures are still a popular investment vehicle for many foreign investors who do business in China. Sino-foreign joint ventures can take the form of equity joint ventures or cooperative joint ventures.
Finance and Banking - Approximately 12 months ago, the Federal Government commissioned an extensive review to examine the governance, operation, efficiency and structure of Australia's superannuation system (known as the Cooper Review).
Finance and Banking - On 18 December 2009, ASIC approved new Terms of Reference (TORs) for the Financial Ombudsman Service Limited ( FOS ). The new TORs apply to new complaints against FOS members received on or after 1 January 2010.
Finance and Banking - In the shadow of the GFC and in response to the recommendations made by a parliamentary Joint Committee on Financial Services, the Federal Government has proposed wide-reaching reforms to the financial services sector.
Huntsman to Purchase Chemicals Business of Laffans Petrochemicals Ltd. - THE WOODLANDS, Texas, July 31 /PRNewswire-FirstCall/ -- Huntsman Corporation (NYSE: HUN) today announced that the company has entered into a definitive agreement to acquire the chemicals business of Laffans Petrochemicals Ltd.
Located in Ankleshwar, India the Laffans chemicals business manufactures
Ad Systems Lowers Costs with the Development of New MPEG Decoding Technology - SALEM, Ore., July 30 /PRNewswire-FirstCall/ -- Ad Systems Communications, Inc. (OTC Bulletin Board: ADSY), a leading service provider of digital media and video communications for all major cable TV networks, announces that it has completed the development of an in-house MPEG decoder, a fundamental
Heritage Bank Acquires Banking Operations of Cowlitz Bank of Longview, Washington - OLYMPIA, Wash., July 30 /PRNewswire-FirstCall/ -- Heritage Financial Corporation ("Company") (Nasdaq: HFWA) announced that its subsidiary, Heritage Bank, has acquired the banking operations of Cowlitz Bank, Longview, Washington. Cowlitz Bank, including its division Bay Bank, was closed today b
FHLBank San Francisco Holds Foreclosure Prevention Workshop in San Bernardino - SAN BERNARDINO, Calif., July 30 /PRNewswire-USNewswire/ -- Hosted by the Federal Home Loan Bank of San Francisco (FHLBank San Francisco) and NID Housing Counseling Agency, a foreclosure prevention workshop today provided information and financial counseling to residents faced with losing their homes
Vibra Bank Announces Continued Growth in Loans and Deposits - CHULA VISTA, Calif., July 30 /PRNewswire/ -- Today, Vibra Bank announces its financial results for the second quarter ended June 30, 2010.
Vibra Bank opened for business in July of 2008, and remains the only locally-owned bank to open in the San Diego area since then. "Vibra Bank continues to
CSN Stores Hits 7-Year Sales High at Midpoint of 2010 - BOSTON, July 30 /PRNewswire/ -- CSN Stores, the third-largest online retailer of home goods in the U.S., has had its best year ever so far. Compared to the same period last year, sales in Q1 and Q2, 2010 are 60 percent higher.
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Parkway Properties Purchases Note for $33 Million - JACKSON, Miss., July 30 /PRNewswire-FirstCall/ -- PARKWAY PROPERTIES, INC. (NYSE:PKY) announced today the purchase of a first mortgage note secured by three properties owned by RubiconPark I, LLC from Special Servicer JE Robert for $35.0 million. Rubicon US REIT ("RUSR") owns an 80% interest i
Community Bankers Trust Corporation Reports Second Quarter Results - GLEN ALLEN, Va., July 30 /PRNewswire-FirstCall/ -- Community Bankers Trust Corporation (the "Company") (NYSE Amex: BTC), reported its results of operations for the three and six months ended June 30, 2010.
In response to the results of an extensive independent loan review and an increase in nonperfo
Vale's Second Quarter Earnings and Conference Call Announcement - RIO DE JANEIRO, July 30 /PRNewswire-FirstCall/ -- Vale (NYSE: VALE) would like to share the highlights of it's Webcast about the company's performance in the 2Q of 2010.
Main highlights of Vale's Webcast:
http://www.vale.com/en-us/investidores/press-releases/pages/default.aspx
The main highlights
Cash Store Financial to Resume Trading on the NYSE on Monday, August 2nd - EDMONTON, July 30 /PRNewswire-FirstCall/ - The Cash Store Financial Services Inc. ("Cash Store Financial") (TSX: CSF; NYSE: CSFS) announces that the New York Stock Exchange trading halt relating to its common shares will be lifted and trading will resume at the beginning of the trading day on Monday
Global Crossing Announces Expiration of Exchange Offer for 12% Senior Secured Notes Due 2015 - FLORHAM PARK, N.J., July 30 /PRNewswire-FirstCall/ -- Global Crossing Limited (Nasdaq: GLBC) today announced the expiration of its exchange offer for any and all of its outstanding $750,000,000 in aggregate principal amount of 12% Senior Secured Notes due 2015 (CUSIP Nos. 37932J AB9 and G3921A AA8)
PMI Mortgage Insurance Co. Sells Investment in FGIC Corporation - WALNUT CREEK, Calif., July 30 /PRNewswire-FirstCall/ -- The PMI Group, Inc.'s (NYSE: PMI) (the "Company") primary subsidiary, PMI Mortgage Insurance Co., announced the sale of its equity ownership in FGIC Corporation ("FGIC"), the holding company of Financial Guaranty Insurance Company. The financia
Middleburg Financial Corporation Announces 2010 Second Quarter Earnings - MIDDLEBURG, Va., July 30 /PRNewswire-FirstCall/ -- Middleburg Financial Corporation (the "Company"), (Nasdaq: MBRG), parent company of Middleburg Bank (the "Bank"), today reported its financial results for the second quarter of 2010.
Second Quarter 2010 Highlights:
Net income of $723,548 for the qua
Mercury Insurance Claims Team Responds to Antelope Valley Wildfire Victims - LOS ANGELES, July 30 /PRNewswire/ -- Mercury Insurance has dispatched claims adjusters to the Marie Kerr Park evacuation shelter, which will serve to expedite the claims process for wildfire victims. Claims can also be reported 24 hours a day, seven days a week by calling the Mercury Claims Hotline
State Bank & Trust Acquires Assets and Deposits of NorthWest Bank & Trust from FDIC - ATLANTA, July 30 /PRNewswire/ -- The Georgia Department of Banking and Finance announced today that State Bank & Trust Company has agreed to acquire assets and deposits of NorthWest Bank & Trust, headquartered in Acworth, Georgia, in a transaction facilitated by the Federal Deposit Insurance
FTI Consulting, Inc. to Release Second Quarter 2010 Results and Host Conference Call - WEST PALM BEACH, Fla., July 30 /PRNewswire-FirstCall/ -- FTI Consulting, Inc. (NYSE: FCN), the global business advisory firm dedicated to helping organizations protect and enhance their enterprise value, announced today that it will release financial results for the second quarter ended June 30, 201
Boyd Gaming Discontinues Efforts to Acquire Station Casinos Assets - LAS VEGAS, July 30 /PRNewswire-FirstCall/ -- Boyd Gaming Corporation (NYSE: BYD) today announced it will no longer pursue the acquisition of certain assets of Station Casinos (the "OpCo assets").
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BancTrust Financial Group, Inc. Reports Second Quarter Profit - MOBILE, Ala., July 30 /PRNewswire-FirstCall/ -- BancTrust Financial Group, Inc. (Nasdaq: BTFG) today reported its financial results for the second quarter and six months ended June 30, 2010. The Company reported that its second quarter 2010 net income, before the preferred dividend, rose
