Financial Institutions News

AKSL together with its subsidiaries offers a range of financial products and services such as corporate debt raising, investment banking services, stock broking and distribution services, investment in bond and debentures, and non banking financing activities.

With regulators and banks still sifting through the fallout of the financial crisis, developing a robust ERM framework remains a priority for banks and financial institutions.

A Labour leaders on Friday called the fixing and expansion of the Apapa-Oshodi Expressway in Lagos before it is concessioned.

Heritage Oaks Bancorp, the holding company for Heritage Oaks Bank , a $1 billion bank holding company, with banking locations along California's Central Coast, announced that it received approval on May 22, 2012 from the Federal Reserve Bank of San Francisco and the Federal Reserve Board of Governors to pay all deferred interest on its junior ... (more)

Peter G. Humphrey, president and CEO of Five Star Bank and its parent company, Financial Institutions, Inc., was named the Financial Services Champion of the Year by the Buffalo District of the Small Business Administration .

May 24, 2012 - A hearing on implementation of the 2009 Credit Card Accountability, Reform and Disclosure Act is set for 2 p.m. June 6, House Financial Services Chairman Spencer Bachus, R-Ala., announced Wednesday.

It has taken just six days for the razzle-dazzle of Facebook's $104 billion market debut to turn into a nightmare of congressional inquiries.A Republican and Democratic lawmakers on Wednesday began to look into the debacle of what was supposed to be the social networking company's crowning achievement.A Lawmakers want to know whether institutional ... (more)

THE Central Bank of Nigeria, CBN, warned WednesdayA that if the present autonomy being enjoyed by it was removed, the nation's economy stands the risk of collapsing.

Financial Institutions, Inc. announced today that its Board of Directors has declared a quarterly cash dividend of $0.14 per share of outstanding common stock.

Last week, the state Department of Financial Institutions issued a warning about crowdfunding--a way of raising money on the Internet that's already proved a boon for artists through popular Kickstarter , and which was green-lighted for the business world through the just-passed JOBS Act .

Canada must improve its monitoring and prevention of systemic financial crises stemming from such things as housing bubbles and overly exuberant lending practices, former Bank of Canada Governor Gordon Thiessen said on Tuesday.

The price of gold has skyrocketed and to cash in on the modern-day gold rush, businesses are advertising "We Buy Gold". But some businesses that are buying gold and other precious metals have nothing to do with jewelry.

The e-mail address that you supply to use this service will only be used to send the requested article.

David C. John is a senior research fellow in Retirement Security and Financial Institutions in the Roe Institute for Economic Policy Studies at The Heritage Foundation.

Canada 's lenders need to assume responsibility for managing risks in lending to households and shouldn't rely on regulators to avoid hazards, the head of regulation at the country's banking watchdog said.

May 18, 2012 - NAFCU continued to press for action on supplemental capital for credit unions in a letter Thursday to the House Financial Services Subcommittee on Financial Institutions and Consumer Credit, which holds a hearing this morning on increased financial institution capital requirements under the Dodd-Frank Act.

Video-game developer Christian Allen, who is creating a tactical shooter game called Takedown, hopes to raise $200,000 through the Kickstarter crowdfunding website.

Even as Republicans continue to push for dismantling derivatives regulations, a key member of their party said Wednesday that J.P. Morgan Chase & Co.'s surprise trading loss of more than $2 billion has raised concerns about the stability of the U.S. economy.

The Senate Committee on Business Professions and Economic Development and the Senate Committee on Banking & Financial Institutions have coauthored a bill that was initially designed to take aim at "hard-money" lenders in California, but experts say SB978 will sweep too many innocent borrowers and real estate investors into its net.

The Washington State Department of Financial Institutions issued an advisory today warning investors to approach crowdfunding investment opportunities with great caution.