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European Parliament’s ECON committee sets position on Action for Damages – Bowles comments
Tuesday, 28 January 2014

Following a tight vote in Brussels yesterday, the European Parliament’s Economic and Monetary Affairs Committee has set its position on the Action for Damages file.

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ABA Applauds Conferees for Removing Uncertainty on USDA Loans
Tuesday, 28 January 2014

Jeff Plagge, the American Bankers Association (ABA) chairman and president and CEO of Northwest Financial Corp., Arnolds Park, Iowa, said:

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“EU financial services legislation is not 'piggy in the middle' – BOWLES
Wednesday, 22 January 2014

The Chair of the European Parliament’s Economic and Monetary Affairs Committee, Sharon Bowles MEP, has submitted a response to the Treasury’s Balance of Competencies Review highlighting the benefits of EU membership, a position also taken up by the British Banker’s Association in their submission published today.

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Bank Economists See Stronger Economic Growth in 2014
Thursday, 16 January 2014

WASHINGTON—2014 will be a breakout year for the U.S. economy as private-sector demand accelerates and fiscal drag eases, according to the Economic Advisory Committee of the American Bankers Association (ABA).

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Bowles: European Parliament approvals appointment of Sabine Lautenschläger to ECB Board
Thursday, 16 January 2014

MEPs in Strasbourg today have approved the appointment of Sabine Lautenschläger to the European Central Bank's (ECB) executive board, who will replace fellow German Jörg Asmussen.

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GMC Software Technology ranked as a leader in latest customer communications management report
Thursday, 16 January 2014

Appenzell, Switzerland, 16th January 2014 — GMC, the award-winning leader in customer communications management (CCM) and output management, announced today that The Forrester WaveTM: Document Output For Customer Communications Management, Q1 2014, has positioned GMC Software Technology (GMC) in the leader segment for its solution GMC Inspire. It is the latest Forrester Research, Inc. Wave report that independently evaluates vendors’ current offering and strategy.

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ABA Testifies on Unintended Consequences of Volcker Rule
Wednesday, 15 January 2014

WASHINGTON – The American Bankers Association (ABA) testified today before the House Financial Services Committee, offering the banking industry’s perspective on the unintended consequences of the Volcker Rule – particularly for our nation’s community banks.

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DMCC Executive Chairman presented with 'Outstanding Contribution to Islamic Finance' Award
Wednesday, 15 January 2014
Dubai, UAE; 14 January 2014: DMCC (Dubai Multi Commodities Centre), Dubai’s and the region’s global gateway for commodity trade and enterprise, announced today that Ahmed Bin Sulayem, Executive Chairman, DMCC, received the Outstanding Contribution to Islamic Finance Award at the annual Mena Fund Manager Performance Awards gala dinner and ceremony.
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Linedata successfully managed 40 major projects for Lending & Leasing industry during 2013
Tuesday, 14 January 2014

PARIS, IRVINE, SEATTLE, January 14, 2014: Linedata, the global solutions provider dedicated to the investment management and credit industries, announced today that it has expanded its lending & leasing platforms with 40 major projects managed during the last year for 34 financial institutions in Europe, Africa, North and South America. The projects included new client signings and existing clients who further extended their relationship with Linedata, engaging in additional product coverage, services and consulting.

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Sharon Bowles MEP welcomes Basel committee concessions on trade finance but says more could be done
Tuesday, 14 January 2014

On Sunday the Basel Committee’s Group of Governors and Heads of Supervision, chaired by President of the European Central Bank Mario Draghi, updated their proposals on leverage and within that made some improvements to the treatment of ‘trade finance’.

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Middle East Corporates Take Treasuries to the Next Level
Monday, 13 January 2014

SunGard’s AvantGard Treasury customers, Dubai Aluminum (DUBAL) and Easa Saleh Al Gurg Group (ESAG), were recognized for their outstanding achievements in the implementation of treasury solutions during the Association of Corporate Treasurers Middle East (ACTME) Annual Conference.

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