UPDATE 1-Mubadala GE Capital says to sell most assets to Chicago's Midcap Finco + MORE

[Buzz_Burner_Fresh_Updates] UPDATE 1-Mubadala GE Capital says to sell most assets to Chicago's Midcap Finco – reuters.com DUBAI, Oct 1 (Reuters) – Mubadala GE Capital, a joint venture between Abu Dhabi state fund Mubadala and General Electric’s finance business, said on Wednesday it had agreed to sell most of its assets including those held through subsidiaries. […]

BRIEF-Dipula Income Fund appoints Ridwaan Asmal financial director + MORE

[Buzz_Burner_Fresh_Updates] Banned from street protest, Kazakhstanis joke and grumble over tenge's fall – reuters.com ALMATY, Aug 21 (Reuters) – Kazakhstanis took to social media on Friday to mock and grumble as vendors hiked their prices after veteran leader Nursultan Nazarbayev let the tenge currency join a global wave of devaluations. Continue Reading On reuters.com ยป […]

Brunei plans long-tenor sukuk in "very near future" – regulator + MORE

[Buzz_Burner_Fresh_Updates] Brunei plans long-tenor sukuk in "very near future" – regulator – reuters.com June 17 (Reuters) – Brunei’s financial regulator is preparing to issue long-term Islamic bonds in the “very near future” while widening the eligible list of buyers of its issuance programme, the latest sovereign to diversify funding sources via sukuk. Continue Reading On […]

RBS prevails in US fraud lawsuit over pre-crisis disclosures + MORE

[Buzz_Burner_Fresh_Updates] RBS prevails in US fraud lawsuit over pre-crisis disclosures – reuters.com NEW YORK, April 15 (Reuters) – A U.S. appeals court on Wednesday declined to hold Royal Bank of Scotland Group Plc liable for allegedly defrauding investors in its American depositary shares by downplaying its subprime asset exposure prior to the global financial crisis. […]

WRAPUP 3-Germans downbeat on chances of Greek deal next week

[Buzz_Burner_Fresh_Updates] WRAPUP 3-Germans downbeat on chances of Greek deal next week – reuters.com NEW YORK/ATHENS, April 15 (Reuters) – Germany’s finance minister said on Wednesday there was no prospect of the euro zone reaching a deal with Athens next week on economic reforms that would unlock bailout funds, potentially leaving Greece perilously short of money. […]