June 3, 2010

Financial reform bill could mean big changes for S. Oregon banks

Financial reform bill could mean big changes for S. Oregon banks
If passed, the Financial Reform Act will rewrite financial regulations by putting new limits on bank activities. read more
Read more on NewsWatch 12 Medford – Klamath Falls

Financial execs on hot seat before D.C. panel
The complex instruments at the heart of the financial meltdown are being examined by the special panel investigating the economic crisis.
Read more on WABC-TV New York

Financial Overhaul 101: Credit rating agencies
Before the financial crisis, surging home prices led investors to pour trillions into investments backed by mortgages. Investors felt confident because credit rating agencies had judged these investments to be safe. They weren’t. The safe ratings had gone to… Credit rating – Business – Financial services – Mortgage – Investment
Read more on San Francisco Chronicle

Tags: banks, bill, changes, could, Financial, mean, Oregon, reform.

Filed under Financial by keith on Jun 3rd, 2010. Comment.

June 2, 2010

Manulife Financial Finished At New 52-Week Low Tuesday

Manulife Financial Finished At New 52-Week Low Tuesday
Manulife Financial Corp. (MFC) gapped down slightly Tuesday and declined until around 1:30PM. The stock traded in a range for the rest of the afternoon and finished lower by .03 at .65 on above average volume.
Read more on RTT News

Financial reform concerns local banks
While some parts of the financial overhaul legislation are aimed at large financial institutions, your local community bank will be affected — and you might be, too.
Read more on Ventura County Star

Tags: 52Week, Financial, Finished, Manulife, Tuesday.

Filed under Financial by keith on Jun 2nd, 2010. Comment.

June 1, 2010

Lastest Financial News

Marina Bay Financial Centre closing in to join other attractions within the bay…

Image by williamcho
Marina Bay Financial Centre (abbreviation: MBFC; Chinese: ???????; pinyin: B?nh?iw?n J?nróng Zh?ngx?n), located along Marina Boulevard at Marina Bay, Singapore, is a multi-phase development with its first phase targeted for completion by 2010. The largest office development to date in the city in terms of gross floor area when fully completed. It comprises three towers, of which two are office buildings at 42 and 36 floors respectively, and the third residential tower, Marina Bay Residences (hidden behind), will rise to 55 floors and house 428 units.
The development will be linked underground to The Sail @ Marina Bay and with this link it will be linked to Raffles Place MRT station.

Shot from The Sail, 44th level.

pp: Not a HDR. Just layers with multiply to get some dynamic details on the clouds.
Best to view on BLACK

Financial planner jailed four years
A financial planner who bilked 18 seniors out of their life savings totaling .4-million was jailed for four years yesterday.
Read more on The Toronto Sun via Yahoo! Canada News

Financial Overhaul 101: Credit Rating Agencies
Financial Overhaul 101: Bill could improve rating agencies but won’t end conflict of interest Credit rating – Business – Conflict of interest – Financial services – Financial Planning
Read more on ABC News

Financial Regulations Bill May Face Further Negotiations
The timing of final action on a comprehensive financial services overhaul remained uncertain Tuesday as House leaders waited for a green light from the Senate and a key GOP senator said he would not support the current version of the bill.
Read more on CQPolitics.com via Yahoo! News

Tags: Financial, Lastest, News.

Filed under Financial by keith on Jun 1st, 2010. Comment.

Lastest Financial News

Financial Overhaul Is Politics in Worst Sense: Richard Posner
The most sensible legislative response to the financial collapse of September 2008 would have been to do nothing until the causes of the collapse were fully understood.
Read more on BusinessWeek

Tags: Financial, Lastest, News.

Filed under Financial by keith on Jun 1st, 2010. Comment.

May 30, 2010

Money flows on watery streets

Money flows on watery streets
Money is flowing like water on the streets of Calcutta. From 2005, Rs 2,520 crore has been — or is being — pumped into various projects to tackle the city’s waterlogging problem. And if Monday morning and Tuesday evening were anything to go by, a lot of it has gone down the drain.
Read more on The Telegraph

Money Vitals – Revive The Millionaire Inside You!
The release of the new book ‘Money Vitals – Revive The Millionaire Inside You!’ is a much anticipated response to the financial literacy crisis of young New Zealanders, as well as calls for Kiwis to broaden their investment base beyond residential property …
Read more on Scoop.co.nz

Money-Laundering: the Drug Problem at Banks
Are banks in the United States facilitating the drug trade with Mexico? Bloomberg Markets magazine examines this question by looking over a number of transgressions made by American banks in the last few years in which they seemed to have turned a blind eye to money-laundering schemes by drug cartels.
Read more on New York Times

Money misuse inquiry helped curtail Naval Academy leader’s tenure
An investigation that found wide-ranging misuse of money at the U.S. Naval Academy was a factor in curtailing the tenure of its outgoing superintendent, the Navy’s chief spokesman said Monday.
Read more on Baltimore Sun

Tags: flows, Money, streets, watery.

Filed under Financial by keith on May 30th, 2010. Comment.

May 24, 2010

Andrew Kasapis

Andrew Kasapi has sold credit derivatives products from the front office since 1998 (the very beginning of the inter bank market) and more recently has sold structured credit products for major institutional sales boutiques. He has been a consultant Business Analyst to tier 1 banks on market and credit risk and is an associate for Asymilate trading and risk consultancy, specialising in credit and structured credit offerings, mainly to tier 1 banks.

Andrew is currently working at AXA Investment Managers as a consultant business analyst on market risk and will soon be head of structured credit software sales for a new company specialising in artificial intelligent solution software applied to structured credit products.

Filed under Uncategorized by keith on May 24th, 2010. 1 Comment.