Banking

April 17, 2019

Bank of America Reports First-Quarter 2019 Financial Results

Bank of America reported its first-quarter 2019 financial results today. The news release, supplemental filing and investor presentation can be accessed in the following ways:

This press release features multimedia."...

April 17, 2019

Moody’s Acquires Majority Stake in Vigeo Eiris, a Global Leader in ESG Assessments

Moody’s Corporation (NYSE: MCO) announced today that it has acquired a majority stake in Vigeo Eiris, a global leader in Environmental, Social and Governance (ESG) research, data and assessments. The acquisition furthers Moody’s objective of promoting global standards for ESG"...

April 14, 2019

World Bank, IMF forecast slow growth in Africa

Sub-Saharan African countries will experience weaker-than-expected economic growth in 2019, due to uncertainties in the oil market, widening current account deficits, rising public debt, high inflation and low business confidence.

The"...

April 14, 2019

World Bank recognizes Amir for supporting development, peace

KUWAIT/WASHINGTON: World Bank Chief Executive Officer Kristilina Georgieva announced on Friday an exceptional award handed to HH the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah in recognition of his support of economic and social development worldwide and global peace. This came at a press"...

April 10, 2019

Machine Learning Will Become Reality In The Near Future

• Huge opportunities for better business intelligence and across a range of activities carried out by accountants

• Adoption of machine learning needs to be based on legitimate business need rather than just wanting to be seen as using AI

• Ethical"...

April 9, 2019

Morocco’s National Library Embraces Solar Energy Thanks to BMCE

Rabat – Morocco’s National Library in Rabat inaugurated a solar power plant on Thursday, which will provide the library with up to 40 percent of its energy needs and reinforce its commitment to clean energy.

The"...

April 8, 2019

Morocco plans bond sale after 5-year lull

Morocco plans to raise at least $1 billion from an international bond sale this year, ending an approximately five-year hiatus, and switch to a policy of more consistent offerings to finance its broader economic overhaul programme.

The"...

April 4, 2019

IMF urges Morocco to pass new central bank law

International Monetary Fund staff recommend Moroccan authorities adopt a new central bank law to reinforce the independence of the Central Bank of Morocco. After visiting Morocco from March 19 to April 3 in the context of the Article IV consultation, IMF staff stressed the central bank should also play a more prominent role in fostering financial stability. The team “recommends the adoption, as soon as possible, of the new central bank law, which will strengthen its independence and its role. centralbanking ...

April 4, 2019

South Africa major recipient of BRICS New Development Bank funding

NEWSROOM (ADV) – The BRICS New Development Bank (NDB) concluded its fourth annual meeting in Cape Town on Tuesday, with five new projects approved for funding by the bank’s board of directors.

The"...

April 3, 2019

Andersen Global Expands Brazil Presence; Adds Collaborating Firm in Brazil

Andersen Global today announced a collaboration agreement with Albieri e Associados, a tax and accounting firm based in São Paulo, Brazil. Andersen Global now has six locations in Brazil through its member and collaborating firms.

Albieri"...