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Financial

20 posts
Mexican financial system stable despite complex global outlook, cenbank says thumbnail

Mexican financial system stable despite complex global outlook, cenbank says

© Reuters. Mexico's Central Bank Governor Victoria Rodriguez Ceja poses for a photo after an interview with Reuters at the annual banking convention, in Acapulco, Mexico March 25, 2022. REUTERS/Javier Verdin/File Photo MEXICO CITY (Reuters) -Mexico's financial system has a resilient and solid position despite a complex global outlook, Bank of Mexico Governor Victoria Rodriguez
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Facing Financial Ruin as Costs Soar for Elder Care thumbnail

Facing Financial Ruin as Costs Soar for Elder Care

Margaret Newcomb, 69, a retired French teacher, is desperately trying to protect her retirement savings by caring for her 82-year-old husband, who has severe dementia, at home in Seattle. She used to fear his disease-induced paranoia, but now he’s so frail and confused that he wanders away with no idea of how to find his
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PDD Q2 Financial Report: Net Profit up 47% YoY thumbnail

PDD Q2 Financial Report: Net Profit up 47% YoY

On August 29th, PDD released its unaudited financial report for the second quarter ending on June 30, 2023. The financial report shows that during the reporting period, PDD’s total revenue was 52.281 billion yuan ($7.17 billion), a 66% increase compared to the same period last year. The net profit attributable to ordinary shareholders was 13.108
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How Nigerian Financial Intelligence Unit CEO, Modibbo Used Agency To Cover Up Atiku, Others’ Alleged Money Laundering Activities thumbnail

How Nigerian Financial Intelligence Unit CEO, Modibbo Used Agency To Cover Up Atiku, Others’ Alleged Money Laundering Activities

An investigation by The Quest Times has revealed how the Chief Executive Officer (CEO) of the Nigerian Financial Intelligence Unit (NFIU), Hamman Tukur Modibbo, allegedly covered up an indicting report showing the presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar's involvement in alleged money laundering activities. It was reported that new documents obtained
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Bandhan Financial Holdings gets Sebi nod to buy IDFC’s stake in IDFC AMC thumbnail

Bandhan Financial Holdings gets Sebi nod to buy IDFC’s stake in IDFC AMC

Kolkata: Bandhan Financial Holdings Ltd's (BFHL’s) plan to enter into the mutual fund business has crossed another hurdle with market regulator Securities & Exchange Board of India giving no-objection to its purchase of IDFC's stake in IDFC Asset Management Company. Sebi's approval letter was issued on November 29. The Reserve Bank of India and Competition
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