Deutsche Bank investors worry about distraction from investigation – Financial Times

Deutsche Bank investors worry about distraction from investigation – Financial Times

Investors in Deutsche Bank are concerned that the criminal investigation into the suspected money laundering activities of the lender’s wealth management unit will make it harder for chief executive Christian Sewing to execute his crucial turnround agenda. Two days of raids on Deutsche Bank’s Frankfurt headquarters on Thursday and Friday that included Mr Sewing’s office sent […]

How financial technology is eroding brand loyalty – The Standard

How financial technology is eroding brand loyalty – The Standard

Post Bank headquarters banking hall on 16th September 2016. [Wilberforce Okwiri, Standard] In summary Bank services offered through mobile apps reduce personal interaction For many Kenyans who joined the workforce in the eighties and nineties, opening the first bank account was a major decision. This is because the bank you selected would often end up […]

Stocks climb, investors brace for trade talks – Yahoo Finance

Stocks climb, investors brace for trade talks – Yahoo Finance

Stocks rose Friday as investors await a meeting between President Donald Trump and China’s President Xi Jinping, which will help shed light on the direction of future trade policy. The S&P 500 (^GSPC) rose 0.82%, or 22.4 points, as of market close Friday, capping off the biggest weekly gain for the index since December 2011. […]

Chinese investors pulling out of US in 'startling' pace, says finance lawyer – ABS-CBN News

Chinese investors pulling out of US in 'startling' pace, says finance lawyer – ABS-CBN News

MANILA – Investment relations between the United States and China have been slowing down even before President Donald Trump’s administration, as big-time Chinese investors have been pulling out of America in the last few years, a finance lawyer said Friday.  While Chinese investments still enter the US, many are also divesting large assets in haste, […]

YETI Reports Third Quarter 2018 Financial Results – Associated Press

YETI Reports Third Quarter 2018 Financial Results – Associated Press

AUSTIN, Texas–(BUSINESS WIRE)–Nov 29, 2018–YETI Holdings, Inc. (NYSE: YETI) today reported financial results for its third quarter ended September 29, 2018. Third Quarter 2018 Highlights as Compared to Third Quarter 2017 Net sales increased 7% to $196.1 million Gross margin improved 480 basis points to 49.7% Net income increased 51% to $17.0 million, or $0.21 […]

Stocks spike, Powell says rates 'just below' neutral – Yahoo Finance

Stocks spike, Powell says rates 'just below' neutral – Yahoo Finance

Stocks jumped after Federal Reserve Chairman Jerome Powell said interest rates are “just below” neutral, or at a level that neither stimulates nor cools the economy. The statement follows more than a month of market turmoil after Powell commented that the central bank was “a long way” from reaching neutral for interest rates. “Interest rates are still low by […]

Single father with twins relieved of financial strain – Times Record News

Single father with twins relieved of financial strain – Times Record News

Deanna Watson, Wichita Falls Times Record News Published 4:38 p.m. CT Nov. 27, 2018 Times Charities logo(Photo: TRN) After a hard-fought struggle, Jake, 43, finally won custody of his twin daughters, a blessing that came, obviously, with some added expenses. Prior to intervention by Child Protective Services, Jake had not seen his children in seven […]

How to unlock the finance needed for integrated landscape approaches

How to unlock the finance needed for integrated landscape approaches

In The News 26 Nov 2018 Why integrated landscape approaches matter and how to unlock the public and private finance they need today, for tomorrow We have just “11 more harvests” within which we must transition our global agrifood and land-use systems by 2030, said Marion Verles, CEO of the Gold Standard Foundation, kicking off […]

Finance minister silent on budget timing

Finance minister silent on budget timing

Finance Minister Mathias Cormann is tight-lipped about when the federal government’s next budget will be handed down, amid heightened speculation it will be well before May. “No such decision has yet been made,” the senator told reporters in Canberra on Monday. The government is expected to rake in $9.2 billion more in revenue in 2018/19 […]