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09:38 25/01/2009

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Offshore Banking News

 








Lenders may seek debt restructuring of Great Offshore; banks have Rs 1137 cr ...
Economic Times
MUMBAI: The lenders of Great Offshore (GOL) may consider restructuring its debt due to delay on its part in servicing bank loans. Banks have an exposure of Rs 1137 crore to GOL, a company largely owned by Bharati Shipyard. Sources from the banking ...

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10:00 PM 05/22/2012


The Republic
Wells Fargo Doubles Down on Mutual Funds as Rivals Wither
Bloomberg
The firm will add foreign stock and bond strategies to its US-based mutual-fund unit, open six more Luxembourg-based funds for offshore clients and wrest business from competitors, Niedermeyer said in an interview. The San Francisco-based bank, ...
Wells Fargo looks to expand overseasSan Antonio Business Journal
Wells Fargo to expand business overseasNew Mexico Business Weekly

all 84 news articles »
05:21 AM 05/22/2012


Christian Science Monitor
Offshore bank accounts: no Americans allowed
Christian Science Monitor
Wealth management firms across the world are refusing American money, declining to open offshore bank accounts for US investors. In a piece for Bloomberg, reporter Sanat Vallikappen begins, “Go away, American millionaires.” Valliikappen then goes on to ...
Facebook's Saverin Parlays $30000 Savings Into $3 BillionSan Francisco Chronicle

all 721 news articles »
07:14 PM 05/14/2012


Telegraph.co.uk
Expat rates: are savings still safe with all this uncertainty?
Telegraph.co.uk
The Eligible Liabilities Guarantee Scheme covers deposits in excess of €100000 and this includes Irish-owned offshore banks. This guarantee, which started in December 2009, is due to run out at the end of next month, although it could be extended as it ...

10:19 AM 05/22/2012


Toronto Star
JPMorgan lobbied CFTC a day after losses revealed
Reuters
"Some commenters have expressed the view that if a transaction is done offshore, it should not come under Dodd-Frank," CFTC Chairman Gary Gensler said on Tuesday at a Senate Banking Committee hearing about JPMorgan's trading losses.
CFTC chief - Looking at JPMorgan, need global rulesReuters UK
CFTC investigates JPMorgan loss, argues against derivatives loophole abroadWashington Post

all 419 news articles »
10:01 PM 05/22/2012







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