Banking

July 27, 2017

Morocco’s Three Major Banks Assess Sub-Saharan Risk Differently: Moody’s Report

Morocco’s three leading financial institutions, Attijariwafa, BMCE and BCP, have expanded into Sub-Saharan Africa despite different approaches to risk management, revealed a report by Moody’s Investors Service released on Wednesday.

Despite"...

July 26, 2017

Visa Expands Global Transaction Processing with Facilities in Singapore and United Kingdom

(ME NewsWire)-- Visa (NYSE:V), a global payments technology company, today announced expanded transaction processing capabilities in two state-of-the-art data centers in Singapore and the United Kingdom. The new global processing hubs will increase"...

July 24, 2017

Mavenir Announces R & D Center of Excellence Focused on 5G Network and Services

(ME NewsWire)-- Mavenir, the leader in accelerating and redefining network transformation for Service Providers, today announced a new R&D and 5G Innovation centre of excellence in Ra'anana, Israel focused on 5G Network and Services solutions.

"...

July 23, 2017

QNB Group Commences Operations in India

QNB Group, the largest financial institution in the Middle East and Africa, has recently commenced operations in the city of Mumbai, the economic capital of the Republic of India.

The"...

July 20, 2017

Philip Morris International General Counsel Gives Expert Testimony at U.S. Commission Hearing on Global Threats Posed by Illicit Tobacco

(ME NewsWire)-- Marc Firestone, Senior Vice President and General Counsel of Philip Morris International (NYSE/Euronext Paris: PM), today appeared as an invited witness before the Commission on Security and Cooperation to offer expert testimony"...

July 19, 2017

The invest.com Group Announces Token Generation Event for Stox, A New Prediction Market Platform

(ME NewsWire)-- Continuing its quest to democratize investing for all, The invest.com Group is today announcing an upcoming token generation event for Stox, a new prediction-based trading platform. invest.com was founded in 2014, employs a team of 200 across five countries, has 3M registered clients, and generated $50M in annual revenue for 2016. Stox will be issued as a smart token using the Bancor protocol, which the team has evaluated to be the best blockchain based liquidity solution. STX will hold BNT in its reserve which would guarantee continuous and high liquidity, enabling anyone to purchase STX directly through the smart token with......

July 19, 2017

ADM Expands Destination Marketing Capabilities with Completion of Industries Centers Acquisition

(ME NewsWire)-- Archer Daniels Midland Company (NYSE: ADM) announced today that it has completed its acquisition of a controlling interest in Industries Centers, which will now be known as ADM Israel.

“By"...

July 18, 2017

Andersen Tax Announces Debut in Israel

(ME NewsWire)-- The Andersen name will debut in Israel and the Middle East this week as Beneli Tax formally adopts the Andersen name as a member firm of Andersen Global. The tax firm, based in Tel Aviv, entered a Collaboration Agreement with Andersen"...

July 18, 2017

IMA Encourages Proactive Issues Resolution, Personal Accountability and Whistleblower Protections in Revised Ethics Guidance

IMA® (Institute of Management Accountants) today introduced a revision to its Statement of Ethical Professional Practice (SEPP), designed to help guide the ethical aspects of the business, as well as personal decisions of IMA members and other management accounting professionals. The SEPP, effective July 1, 2017, replaces the previous version published in 2005 and reflects changes in the business and regulatory environment, as well as the globalization of the management accounting profession. The newly issued guidance is the result......

July 18, 2017

Bank of America Reports Second-Quarter 2017 Financial Results

(ME NewsWire)-- Bank of America reported its second-quarter 2017 financial results today. The news release, supplemental filing and investor presentation can be accessed in the following ways:

Bank of America newsroom at http://newsroom.bankofamerica.com.