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Archive for the ‘Risk Management’ Category

Mobile banking vulnerable to laundering, terror funding

Sunday, June 20th, 2010

Reserve Bank Governor D Subbarao today said mobile banking should be driven by banks, not telecom operators, considering money laundering and terror financing threats. Continue Reading…

Emerging Europe bank woes manageable – ECB’s Nowotny

Tuesday, February 24th, 2009

The current banking troubles in emerging Europe are manageable and the European Union should increase the size of its economic assistance fund for new members, European Central Bank official Ewald Nowotny said on Monday. Continue Reading…

Swiss try to block US moves to end banking secrecy

Tuesday, February 24th, 2009

Pressure is growing in Switzerland to pass new laws to protect the confidentiality of its banks, as a US court ruling against UBS threatens to blow open centuries of secrecy. Continue Reading…

ADB Chief Sees No Reason for Banks’ Lending Paranoia

Friday, February 13th, 2009

Asian banks have no reason to be “paranoid” about lending as governments’ economic stimulus efforts will ease the financial crisis, the Asian Development Bank’s managing director said. Continue Reading…