In this second part of DBS’ insights into financial planning, Rick Vargo explains the various types of insurance coverage available in the market. He also shares tips on how to go about getting adequate protection coverage. Visit us at www.dbs.asia For protection options for you and your family, visit http Please read our general disclaimer regarding investment advice: www.dbsvresearch.com
Latest financial market news: • FTSE 100 weaker on late Wall Street drop • Credit agency Standard & Poor ’50% chance of US downgrade’ • European Union bank stress tests results due at 5pm • BHP Billiton acquires $12 billion Petrohawk as Rupert Murdoch urged to step down as chair of BSkyB and Daily Mail & General Trust to launch new Sunday tabloid • Focus shifts to US data this pm: CPI, sentiment and industrial output • Google up $60 post market after strong results The comments in this video do not constitute investment advice and IG Index accepts no responsibility for any use that may be made of them.
Central bank chiefs reach deal on measures for banks
Central bank governors reached agreement Saturday on measures to help reduce the “moral hazard” of major financial institutions, including raising loss absorbency requirements, a statement said.
Inept Obama “Anybody but Warren” Stance Reveals Fundamental Bank v. Middle Class Fault Line
It is obvious that Elizabeth Warren should head the Consumer Financial Protection Bureau. No less than our favorite NC nemesis, the staunch Administration defender Economics of Contempt, has said she is ” tailor made ” for the job. In the face of increasingly vocal bank opposition to the notion of an effective bank watchdog for consumers, she’s done better than anyone anticipated. And despite …
Citizens Bank offering video banking on LI
Two Stop & Shop branches of Citizens Bank on Long Island are participating in a video banking pilot program, the bank announced today. The branches, at the grocery stores in Lake Ronkonkoma and West Hempstead, join 14 others in Illinios, Massachusetts and Philadelphia to participate in the pilot program. The program allows customers dealing with mortgage and [...]
Bank of Scotland fined £3.5 million over complaints handling
Bank of Scotland has been fined £3.5 million for mishandling complaints about investment products and ‘failing to treat vulnerable customers fairly’. The bank is expected to pay out compensation of around £15 million to customers once the Financial Services Authority review is complete.
Bank of Granite, FNB agree to merger
Two struggling N.C. banks have agreed to merge in a transaction that would bring in new management and inject much-needed capital.
Kabul Bank To Split Off Bad Loans
Finance officials in Afghanistan said the Kabul Bank would be split into two banks, one of which would handle loans that were not being repaid. Central Bank Chairman Abdul Qadir Fitrat said the bank also would sever ties with former shareholders.
Highlights – Finance officials at IMF/World Bank meetings
Below are highlights of comments on Thursday from officials attending the International Monetary Fund and World Bank spring meetings.