Financial Institutions

Financial Institutions Newswire

Comprehensive Real-Time News Feed for Financial Institutions.

Results 1 - 20 of 603 in Financial Institutions

  1. Bank watchdog rejects interfering with lenders' mortgage businessRead the original story w/Photo

    1 hr ago | The Globe and Mail

    Canada's banking regulator is washing his hands of the idea of forcing banks to assume more of the risks from their mortgage businesses. Jeremy Rudin, who took the helm of the Office of the Superintendent of Financial Institutions this summer, says it would be up to the Finance Minister to make any such changes.


  2. OSFI's Jeremy Rudin says top banking regulator won't rely on housing market predictionsRead the original story w/Photo

    13 hrs ago |

    remy Rudin, Superintendent of Financial Institutions (OSFI), speaks to the Economic Club of Canada in Toronto, Ontario, Tuesday, Sept. 30, 2014. In his first public address since taking over as head of Canada's top bank regulator, Jeremy Rudin said ...


  3. Canadian watchdog says banks can withstand major housing downturnRead the original story

    15 hrs ago | Reuters

    A recent systemwide stress test confirmed Canadian banks could absorb the hit from a significant downturn in the country's booming housing market, the new head of Canada's banking regulator said on Tuesday. Jeremy Rudin, who took the top job at Canada's Office of the Superintendent of Financial Institutions in June, said the banking system must be strong enough to cope with the "inherent uncertainty" of the future of the property market.


  4. Rigorous Rules Gave Canada's Banks Advantage, Says OSFI's RudinRead the original story

    16 hrs ago | Bloomberg

    Tougher regulations imposed on Canada 's financial-services firms helped the country gain a "competitive advantage" following the 2008 financial crisis, Jeremy Rudin said in his first public speech since taking over in June as the country's top banking regulator. "In the post-crisis world, our reputation for rigorous regulation has become a competitive advantage for our financial institutions as it helps them be well regarded around the world," Rudin, who heads the Office of the Superintendent of Financial Institutions, said in prepared text for an event hosted today by the Economic Club of Canada in Toronto.


  5. OSFI's Jeremy Rudin says bank regulator will avoid 'detailed, prescriptive rules'Read the original story w/Photo

    18 hrs ago |

    ... a series of prescriptive rules they must follow, he said. Rather, the Office of the Superintendent of Financial Institutions (OSFI) will rely on the banks to continue self-monitoring - such as creating their own risk models to determine part of ...


  6. New banking watchdog speaks to Bay Street for first timeRead the original story w/Photo

    18 hrs ago | The Globe and Mail

    ... a former assistant deputy minister in the federal finance department, became the Superintendent of Financial Institutions earlier this year. Over the lunch hour Tuesday he addressed a Bay Street audience for the very first time, acknowledging that ...


  7. Financial Institutions, the Market, and the Continuing Problem of Executive CompensationRead the original story

    18 hrs ago | CiteULike

    The financial crisis of 2008 occurred in part because of excessive risk taking by financial institutions. Compensation formulas at some of these institutions contributed to the collapse by encouraging the maximization of short-term revenues.


  8. SUMMIT-EBRD sees shake-up of eastern Europe's banks after stress testsRead the original story

    19 hrs ago | Reuters

    ... in the countries in which we operate," said Stanczak-Wuczynska, who took up the post of Director of Financial Institutions at the EBRD this month. "We may not exclude that, as a result of the AQR and the stress testing, there are some strategic ...


  9. Punjab National Bank inks five-year outsourcing deal with AegisRead the original story

    Yesterday | Finextra Research news

    ... Aegis has, within a short timeframe, built a strong BPO practice focused around Indian Banking and Financial Institutions. The company has won over 12 banking BPO contracts across the country over the last 12 - 18 months. Aegis' strong focus on ...


  10. Independent Broker-Dealer Money Concepts to Host Annual Planning Conference November 17-20Read the original story

    Yesterday | PRWeb

    ... Workshops on Operations & Technology > Keynote Presentations > Track Sessions for Tax Professionals & Financial Institutions > "Best Practice" Sessions spotlighting Money Concepts Advisors Money Concepts President & CEO Denis Walsh commented " the ...


  11. What to Watch in the Day Ahead - Tuesday, Sept. 30Read the original story

    Monday | Reuters

    ... which faces opposition from green groups. Jeremy Rudin, head of the Office of the Superintendent of Financial Institutions, will give an inaugural speech in Toronto. In his first public address since taking over on June 30, Rudin will speak about ...


  12. SGSS launches global broker-dealer services outsourcing offeringRead the original story

    Monday | Finextra Research news

    ... firms face a growing challenge to maintain and sustain their business," explains Jason Nabi, Head of Financial Institutions & Brokers for the UK at Societe Generale Securities Services. "By outsourcing their full post-trade processes, clients become ...


  13. Microsoft Corporation (MSFT)'s CRM Tool Improves Efficiency in...Read the original story w/Photo

    Monday | Insider Monkey

    ... of customer services and relationships, which offer a clearer view into preferences and needs. Financial Institutions experience a more formal communication with its clients, thus creating demand for something to manipulate all the documents, forms, ...


  14. In Letter to CFTC, Senators Call for Investigation of Aluminum Warehousing PracticesRead the original story

    Monday | Hispanic Business

    ... a thorough review of the ongoing issues destabilizing the aluminum market and ensure that the on Financial Institutions and Consumer Protection convened by Subcommittee Chairman Brown, held a hearing entitled, "Regulating Financial Holding Companies ...


  15. What does a mortgage broker do?Read the original story

    Saturday Sep 27 |

    ... more of how I help my clients and why you might want to use my services. I work with Canada's leading Financial Institutions including Banks, Trust Companies, and Credit Unions. They include Scotiabank, TD Canada Trust, National Bank, and many ...


  16. OSFI hands insurers fresh capital requirementsRead the original story w/Photo

    Friday Sep 26 | The Globe and Mail

    ... the largest insurer in the sector believes the move is positive. The Office of the Superintendent of Financial Institutions (OSFI) is changing the Minimum Capital Test (MCT) guidelines for insurers, to better align the amount of capital companies ...


  17. Why the repo man can remotely shut off your car engineRead the original story w/Photo

    Thursday Sep 25 | CBS News

    ... same result as taking possession of the vehicle," according to a memo from the state's Department of Financial Institutions . Shutting down a car before a creditor has the right to actually physically repossess the car represents "an improper ...


  18. COMPLY-U.S. states prod investment advisers to have plans in place for their death, disabilityRead the original story

    Thursday Sep 25 | Reuters

    ... comes up often, said Struck, who also heads the securities division at Wisconsin's Department of Financial Institutions. Advisers who fail to plan for those issues could open themselves up to more scrutiny from regulators, who often look for such ...


  19. QInvest expects more Sukuk activity from international sovereigns and corporatesRead the original story w/Photo

    Thursday Sep 25 | AME Info

    ... - Performing other duties related to the job as assigned by the direct supervisor QInvest's Head of Financial Institutions & Structured Finance, Alex Armstrong, spoke at the inaugural IFN Global Forum 2014, which took place at the Conrad Hotel, ...


  20. The Bank of Wal-Mart Is Open for BusinessRead the original story

    Wednesday Sep 24 | The Motley Fool

    ... debit card purchases. And in 2005, Wal-Mart filed an application with the Utah Department of Financial Institutions for permission to operate an industrial bank. The stated purpose was to allow the company to process credit, debit, and electronic ...