Latest News for: Banks assets

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JPMorgan’s JPM Coin to Make Its Debut on Interbank Transactions

Bitcoin 04 Dec 2023
The platform, launched jointly by JPMorgan, DBS Bank, Temasek, and Standard Chartered, allows customers to transact value between these banks using blockchain assets ... The asset recently debuted on Partior, a blockchain ledger that features inter-bank transactions using blockchain assets, which might expand its utilization.
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Rising corporate profitability bodes well for India’s growth story

Financial Express 04 Dec 2023
– By HDFC Asset Management Company Limited (HDFC AMC) ... The health of the banking sector in India has seen a recovery in the quality of its assets, with a multi-year low non-performing loans and adequate level of capital and liquidity buffers ... Improvement in asset quality has helped in improving profitability of banks.
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Hassan: Single Customer View Framework Has Enhanced Speedy Payment

This Day 04 Dec 2023
Immediately we finish that, we have already commenced the assessment and valuation of the assets of those banks’ liquidation so that we can equally dispose of them to enable us to pay the liquidation dividend, which is over and above the insured amount ... What measures is NDIC putting in place to prevaricate the failure of banks?.
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Returns on deposits

Dawn 04 Dec 2023
As land prices decline and real estate transactions fall drastically, along with a reduction in volatility in the foreign exchange market following a crackdown on the illegal dollar trade, most savers are tempted to pull their investments from these assets and put their cash in banks to earn a guaranteed high profit.
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China capable of coping with various financial risks: official

People Daily 04 Dec 2023
... or bank-specific risk disposal plans. Efforts are also needed to push forward structure optimization of the medium-sized and small banking institutions, as well as to guide asset management and non-banking institutions to stay in their lane and develop differentially, Li noted.
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China capable of coping with various financial risks

China.dot.org 04 Dec 2023
... or bank-specific risk disposal plans. Efforts are also needed to push forward structure optimization of the medium-sized and small banking institutions, as well as to guide asset management and non-banking institutions to stay in their lane and develop differentially, Li noted.
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QIB named ‘Bank of the Year in Qatar’ from The Banker Magazine

The Peninsula 04 Dec 2023
Qatar Islamic Bank (QIB), Qatar’s leading digital bank, has been named the 2023 Bank of the Year in Qatar by The Banker magazine, a Financial Times publication ... The accolade highlights QIB’s financial strength manifested by the bank’s strong capital position and asset quality and its consistent profitability.
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NK hacking group Andariel steals key defense technologies from S. Korean firms

Korea Times 04 Dec 2023
Gettyimagesbank ... According to police findings from local and overseas virtual asset exchanges, about 110 million won was transferred to a Chinese bank using the financial account of a female foreigner, and the funds were then withdrawn at a bank outlet located in an area along the China-North Korea border ... (Yonhap). .
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Why is RBI giving taxpayer money to the banks?

Financial Express 04 Dec 2023
During the pandemic, the RBI had initiated extraordinary liquidity measures that resulted in a liquidity overhang of a very large amount (about Rs 8,500 billion) in the banking system by April 2022 ... However, the central bank has been ... This makes banks reduce the supply of loans.
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Sensex, Nifty hit record highs: What should be your investment strategy now?

Live Mint 04 Dec 2023
Investors should keep things simple and focus on asset ... These sectors are expected to do well and outperform the broader indices.Manish Jain, Fund Manager, Coffee Can PMS, Ambit Asset ManagementWe continue to maintain weight on banks and have increased positions in auto & IT.
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Bitcoin Price Blasts Past $41,500: Here Are The Reasons

NewsBTC 04 Dec 2023
“In November, central banks added $350BN in liquidity, the third-largest increase since March.”. This massive injection of liquidity by central banks around the world plays a pivotal role in asset price movements, including cryptocurrencies like Bitcoin.
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Trump gag order reimposed after flood of web insults

Manila Bulletin 04 Dec 2023
Trump's attorneys appealed the order claiming it violated his right to free speech and it had been suspended pending a hearing ... Trump, the frontrunner for the 2024 Republican presidential nomination, and his two eldest sons are accused of inflating the value of their real estate assets to receive more favorable bank loans and insurance terms ... .
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EU to impose taxing profits from frozen Russian central bank assets

MENA FN 03 Dec 2023
(MENAFN) The European Union (EU) is reportedly contemplating a proposal to impose taxes on profits derived from more than 200 billion euros (USD218 billion) of frozen Russian central bank assets ... .
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Financial position of banks in Egypt reaches EGP 14.473trn in August 2023: CBE

Daily News Egypt 03 Dec 2023
The securities and treasury bills portfolio of the banks amounted to EGP 4.763trn, while the other assets, not specified by the CBE, reached EGP 1.445628trn ... The CBE noted that the increase in local liquidity during July and August 2023 was the result of the rise in both the net local assets and the net foreign assets of the banking sector.
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Why I’m not concerned about the billions of central bank “losses”

CyprusMail 03 Dec 2023
But for some central banks that mark those assets to market, like the Swiss National Bank and the Swedish Riksbank, valuation losses are realised and can contribute to significant losses ... The maturity profile of their assets is known, and central banks can therefore identify the timing for which they need to provision against future losses.
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