CHLA wants IMBs to be eligible for FHLBank membership
The initiative, designed to encourage greater cooperation between banking and non-bank financial institutions, reflects Egypt’s changing priorities after years focused on strengthening financial stability and resilience. At the first meeting of the fund, CBE Governor Hassan Abdalla said upgraded technological infrastructure, cybersecurity, skills and capacity building, digitisation, efficiency, and professional, international best practices would be the targets. This marked a shift towards a greater focus on governance, regulation and infrastructure, rather than…
Options Technology revealed Tuesday that it has expanded its New York office, citing rising client growth and increased demand across North America for its trading infrastructure and market data services. The provider of IT infrastructure to financial institutions said the 34,000-square-foot office, in the city’s Financial District, deepens its footprint and brings it closer to…
Brazil remains a good old-fashioned emerging market play, while volatile semiconductor manufacturers distort Asian stock indices. Financials make up 40% of the MSCI Brazil stock market index, with energy and materials combined accounting for nearly 30%. The Ibovespa index enjoyed a thrilling spring as global investors looked for a hedge against surging commodity prices. While…
The world’s biggest warehouse landlord is still full steam ahead on data centers. “After several quarters of sustained demand, we believe the market is entering its next phase,” Prologis CEO Dan Letter said in a second-quarter earnings call Thursday afternoon. SEE ALSO: PGIM Hires David Blum as Managing Director of Commercial Real Estate Credit The…
Chicago Mayor Brandon Johnson. He spoke Thursday at the city’s conference for bond investors.Bloomberg News Chicago will make the second half of its advance pension payment this year, Mayor Brandon Johnson confirmed at the Chicago Investors Conference, but offered no specifics on the timeline, saying questions remain about timing due to property tax delays from…
When Niyi Adewole got his first “real” job out of college, he had one goal: financial freedom. But when he asked his coworkers about the company 401(k), he left more confused than convinced. In searching for answers, he discovered a much better path: real estate investing. Then, with just $5,000 in savings, he bought his…