Thursday September 19, 2019 07:32

Stcoks Press Release : 15 May 2009

KTC moving forward its business, showed net profit in the first quarter of 101 million Baht and 7% Stcoks—15 May 09

It proceeded with the policy on receivables quality control. KTC showed the performance in the first three months of 2009. The total revenue was 3,114 million Baht, 7% increment from the same quarter of last year. The net profit was 101 million Baht

Deutsche Bank launches mobile authorisation in Asia Stcoks—15 May 09

Deutsche Bank has announced the launch of mobile authorisation in Asia – an advanced web-based mobile authorisation feature that uses the latest mobile push technology in the market to allow corporate users easy access to transactional information

Deutsche Bank adds 50 currencies on FX4Cash Stcoks—15 May 09

Deutsche Bank has announced the addition of 50 currencies to the current 75 payment currencies on FX4Cash, Deutsche Bank’s global payments platform. FX4Cash combines the bank’s number one market share in global foreign exchange (Euromoney

HSBC Amanah Malaysia opens branch in Shah Alam Stcoks—15 May 09

HSBC Amanah Malaysia Berhad has officially opened its fourth branch in Shah Alam. After becoming the first locally incorporated foreign bank in Malaysia to be awarded a licence by Bank Negara Malaysia to set up an Islamic banking subsidiary, HSBC Amanah

Credit Suisse launches private banking operation in Japan Stcoks—15 May 09

Credit Suisse has announced the official launch of its Private Banking operation in Japan, led by Junya Tani, Head of Private Banking Japan for Credit Suisse based in Tokyo. This marks an important milestone in the implementation of the Bank’s

Basel Committee issues working paper on the interaction of market and credit Stcoks—15 May 09

The Basel Committee on Banking Supervision has issued a working paper on Findings on the interaction of market and credit risk. The paper summarises the findings of a working group under the Committee’s Research Task Force. The distinction between

Moody's may downgrade hybrid securities ratings of 4 US banks Stcoks—15 May 09

Moody's Investors Service placed on review for possible downgrade the ratings on hybrid securities of four U.S. bank holding companies. The issuers and their affected securities are: - Citigroup's trust preferred securities rated Baa3 and Eggs Upper Tier

Moody's reviews BofA's financial strength rating for upgrade Stcoks—15 May 09

Rating outlooks on hybrid securities no longer negative Moody's Investors Service has put on review for possible upgrade the D bank financial strength rating (BFSR) of the U.S. bank subsidiaries of Bank of America Corporation (BAC). The rating agency

Moody's upgrades some Wells Fargo's ratings Stcoks—15 May 09

BFSR increased to C- from D+ and preferred stock to Ba3 from B2. All other ratings affirmed (snr at A1) Moody's Investors Service upgraded Wells Fargo & Company's preferred stock rating to Ba3 from B2. Moody's also raised its bank financial strength

Yuanta Bank, Taiwan, goes live on TCS BaNCS Core Banking Stcoks—15 May 09

Tata Consultancy Services, a leading IT services, business solutions and outsourcing organization, has announced that TCS BaNCS Core Banking deployed in Yuanta Bank has become fully operational. This is the fourth bank that has chosen and executed TCS

State Street's report highlights strong growth of Islamic finance Stcoks—15 May 09

Report Spotlights Trends in Islamic Finance and the Reasons for its Growing Popularity State Street Corporation, the world's leading provider of financial services to institutional investors, has released its Vision Report on Islamic Finance, citing a

Clifford Chance advises IFC on investment in a Hong Kong listed company Stcoks—15 May 09

Leading law firm Clifford Chance has advised IFC, a member of the World Bank Group, on its acquisition of a 9.23% equity stake in Ko Yo Ecological Agrotech (Group) Limited, a company listed on the main board of the Hong Kong Stock Exchange. The

Fitch: Q109 Asia Pacific Structured Finance Rating Downgrades Concentrated in India & Stcoks—15 May 09

Fitch Ratings has today said negative structured finance rating actions during the first quarter of 2009 (Q109) in Asia Pacific were driven by the downgrade of Indian corporates and the continued deterioration in the Japanese commercial real estate

Funding Constraints Raise The Number Of Prepackaged Bankruptcy Filings To An Eight-Year High, Stcoks—15 May 09

Data from the first quarter of 2009 indicate that the count of prepackaged bankruptcy filings is already at an eight-year high, said an article published today by Standard & Poor's. And in terms of amount outstanding, the volume of prepacks is at a