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Fintech Focus For March 2, 2021
Monday, March 1, 2021 - 6:50pm | 2244Read More...Quote To Start The Day: “A focus on global reach and neutrality could see bitcoin become an international trade currency. This would take advantage of bitcoin’s decentralized and borderless design, its lack of foreign exchange exposure, its speed and cost advantage in moving money, the...
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HSBC Gets An Upgrade From JPMorgan Despite Brexit-Led Onslaught Of Bank Rating Cuts
Monday, June 27, 2016 - 9:10am | 509Read More...JPMorgan has upgraded HSBC Holdings plc (ADR) (NYSE: HSBC) to Neutral from Underweight due to its "defensive" nature post Brexit. The brokerage also downgraded many U.K. and European banks. Analyst Kian Abouhossein said following the U.K.'s decision to leave the EU, "We see spillover effect to the...
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Hamblin Watsa's Position Reduction In The Bank Of Ireland Raises A Red Flag
Tuesday, April 15, 2014 - 9:25am | 501Read More...In 2011 Hamblin Watsa, a subsidiary of Fairfax Financial Holdings, opened a significant position in the Bank of Ireland (NYSE: IRE) and until the most recent quarter was the second largest holder of the bank. However, the fund has cut its position by a third this quarter. In a March letter the...
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Ireland Issues First Long-Term Debt in 2 Years
Thursday, July 26, 2012 - 2:54pm | 366Read More...The Republic of Ireland returned to long-term sovereign debt markets Thursday with an auction of 5-year bonds. Ireland's National Treasury Management Agency announced the sale of a 5-year bond at an interest rate of 5.9 per cent and opened its existing 8-year bond maturing in 2020 to new investors...
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Ireland May Be About To Take Control Of Two Lenders (IRE)
Wednesday, March 30, 2011 - 11:07am | 181Read More...According to Bloomberg, the Irish government could take controlling stakes in the Bank of Ireland and Irish Life & Permanent. On Friday at 4:30 p.m., the Irish Central Bank will publish its third round of stress tests. From the results, Ireland will determine if the Bank of Ireland (NYSE: IRE...
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Bank of Ireland and IBM Sign Five-Year Agreement
Monday, November 1, 2010 - 1:33pm | 77Read More...Bank of Ireland and IBM (NYSE: IBM) announced that they have signed a five-year contract for the future provision of the Group's Information Technology infrastructure services. This follows on from the Bank's natural expiration of its current agreement with HP (NYSE: HPQ). IBM will manage the...
