Share this content on Facebook!
22 Aug 2013

German Finance Ministry: No Need for New Financial Decisions on Greece

It just means I made a mis-step, one that Ill think about for a while and push myself not to repeat any time soon. At the same time, I try to keep most of my thoughts on the successes. A day without a mistake is more likely to stick in my mind and bring me pride and joy than a day with a mistake or two in it. I use that great day as inspiration. I can do this, Ill tell myself, and Ill strive to repeat it.

These two charts will tell you pretty much everything you need to know: (Improving credit quality is a good thing, but as a bank, I'd rather have strong loan growth and net interest margin expansion boosting...



21 Aug 2013

German Finance Chief: Greece Will Need Another Bailout

Download mobile app for your iPhone or iPad. And yet the finance department periodically receives proposals for fresh recruitments, projects and liabilities from other departments," the letter said. "Therefore, deputy chief minister Ajit Pawar (who also holds the finance portfolio) has instructed that only proposals of paramount importance should be sent for consideration. All proposals should be scrutinized carefully and presented to the finance minister only in exceptional cases," it added. Maharashtra's debt burden on March 31, 2013 was Rs 2.46 lakh crore.

Finance Administrative Director - Nigeria 13-339

Video Year After South African Mine Shooting,...



21 Aug 2013

The 2013 Inc. 5000 is ranked according to percentage revenue growth when comparing 2009 to 2012. To view the full Inc. 5000 list, visit www.inc.com/5000 .

Weil's View on Finance, Afternoon Edition

Watson had an inconclusive telephone chat with Premier Kathleen Wynne last week. But now, says one of his senior advisers, Watsonas followed up with a face-to-face session with Finance Minister Charles Sousa, whoas in charge of the gambling agency. aThe Mayor previously spoke to the Premier briefly on the phone, as well as meeting with Minister Sousa earlier this week,a wrote George Young, in response to an emailed question from the Citizen. The OLGas market research led it to conclude...



20 Aug 2013

UPDATE: KKR Buys Stake in RigNet, Forms New Maritime Finance Firm

In Athens, a Greek finance ministry official told Reuters a new bailout would focus on plugging an expected funding shortfall over 2014-2016. "Greece and its lenders are examining several ways to plug any funding gap that Greece will face over the next few years," the official said on condition of anonymity. The measures included using leftover funds from a bank bailout program and previously discussed debt support measures, the official said. In Frankfurt, the European Central Bank said Executive Board member Joerg Asmussen would visit Greece on Wednesday to discuss progress on reforms needed to ensure more bailout money. Schaeuble's...



20 Aug 2013

The loans were secured under the Delta State Micro Credit Scheme and National Poverty Eradication Programme (NAPEP) and the beneficiaries, especially government officials were expected to pay back through deductions from their accounts. However, due to alleged unwillingness to repay the loans, the debtors who saw the loans as their own share of the national cake changed their pay points from the bank to another, thereby making it difficult for any deduction. Managing Director of the micro finance bank, Mr. Alabi Salaudeen who confirmed EFCCs presence yesterday, said the anti-graft agency was involved in the matter to enable the management recover the loans. He said due to the nature of the customers...



19 Aug 2013

Fate of Polish finance minister not known until November: deputy PM

The Minister would be meeting the Department of Economic Affairs tomorrow. To restrict the outflow of foreign currency, the RBI had on August 14 announced stern measures, including curbs on Indian firms investing abroad and on outward remittances by resident Indians. The central bank reduced the limit for overseas direct investment (ODI) by domestic companies, other than oil PSUs, under the automatic route from 400 per cent of net worth to 100 per cent. Higher levels of ODI would now need prior approval from RBI. Last week, Finance Minister P Chidambaram had reiterated that the current account deficit (CAD) would be brought down to USD...



19 Aug 2013

Consumer Finance Company Coming Soon to Austintown, OH

As per the guidelines only one of the four Managing Directors, Arundhati Bhattacharya, is eligible for the post of the Chairman of the bank. However, there have to be at least two candidates in the selection process. Therefore, if the residual service period norm is relaxed, others could also appear for the interview, according to officials. The other Managing Director A Krishna Kumar has one year and three months left before the retirement. He will retire in November next year, while Bhattacharya recently elevated as MD will retire on March 31, 2016.

Fate of Polish finance minister not known until November: deputy PM

...



19 Aug 2013

Yahoo! Finance To Be Overhauled

File picture shows a Yahoo logo at the CES in Las Vegas "In my opinion, whether Minister Rostowski will remain in the government will be decided in November at the earliest," Piechocinski told public radio. State television broadcaster TVP quoted a government spokesman as saying reports of Rostowski's departure were mere speculation and no decisions about individual ministers would be made until the middle of the government's four-year term, which started in November 2011. Rostowski has been Poland's finance minister for six years, making him the country's longest-standing finance chief since the end of Communism in 1989. He helped Poland keep its two-decade growth streak despite the global financial crisis.



17 Aug 2013

Barclays CFO Chris Lucas Whilst I am saddened that his health has forced this decision on him sooner than either of us would have wished, I respect his decision and wish him well in the future, Barclays Chairman David Walker said in the statement. He has successfully navigated Barclayss finances through one of the most difficult periods in its history. Lucas, the last of former Chief Executive Officer Robert Diamond s senior managers to depart, is leaving ahead of a planned 5.8 billion-pound ($9 billion) rights offering, which stands to be the biggest by a U.K. bank since Lloyds Banking Group Plc (LLOY) s 13.5 billion-pound sale in 2009. CEO Antony Jenkins , 52, is selling the shares after financial regulators identified a 12.8...



17 Aug 2013

By accessing the Yahoo! site, you agree not to redistribute the information found therein. Fundamental company data provided by Capital IQ . Historical chart data and daily updates provided by Commodity Systems, Inc. (CSI) .

Telangana: Andhra Finance Dept clamps ESMA to prevent strikes

Greater criminal probe needed to establish the truth in Robert Vadra land deal: Ashok Khemka The ban comes in the backdrop of the indefinite strike launched on August 13 by the AP Non-Gazetted Officers' Association, demanding that the Centre drop the plan to bifurcate Andhra Pradesh. This is the first instance where the state government has invoked provisions of Essential Supplies Maintenance Act to make the striking employees call off their agitation, as two rounds of talks held by the...