Israeli, US finance chiefs meet, agree to keep coordinating on Iran sanctions

Israeli, US finance chiefs meet, agree to keep coordinating on Iran sanctions

Finance Minister Moshe Kahlon and his American counterpart on Monday discussed coordination and cooperation on Iran sanctions and praised the US Embassy relocation to Jerusalem. In his third meeting with US Treasury Secretary Steven Mnuchin since US President Donald Trump was sworn in, Kahlon said cooperation between the countries has “increased dramatically” since the new […]

YieldStreet pitches ship finance to retail

YieldStreet pitches ship finance to retail

YieldStreet, a venture capital-backed asset-based lender, says the former head of Deloitte’s shipping practice in Greece will be joining the firm as it cites the success of its first marine finance offering for retail investors. George Cambanis, who founded Deloitte’s Greece practice in 1976, is joining the New York-based YieldStreet, according to the company. Saying […]

Litigation finance is critical tool for justice

Litigation finance is critical tool for justice

To the editor: The upcoming New York Senate hearing on legal funding (“Lawsuit lending spotlighted by state Senate“) provides an important opportunity for lawmakers to understand how they can best protect consumers while preserving access to this critical resource. Legal funding empowers victims to exercise their right to pursue justice by helping them manage everyday […]

Australia bank probe could cut 8% of finance, real estate jobs: JPMorgan

Australia bank probe could cut 8% of finance, real estate jobs: JPMorgan

Tue, May 15, 2018 – 5:50 AM Sydney AUSTRALIA’S banking probe could see job cuts in the finance and real estate sectors equivalent to losses during the 2008 global financial crisis, according to JPMorgan Chase & Co. JPMorgan analysts led by Sally Auld see three main channels for the Royal Commission to exert influence on […]

Lim Guan Eng must clear his name before becoming Malaysia's Finance Minister: Mahathir

Lim Guan Eng must clear his name before becoming Malaysia's Finance Minister: Mahathir

PUTRAJAYA (THE STAR/ASIA NEWS NETWORK) – Democratic Action Party secretary-general Lim Guan Eng can be officially appointed Finance Minister only if and after he is cleared of his corruption case. Prime Minister Mahathir Mohamad clarified that Lim has merely been named Finance Minister, but has yet to take his oath of office. “Every minister must be […]

India railways chief tapped as temporary finance minister

India railways chief tapped as temporary finance minister

Amy Kazmin in Varanasi May 15, 2018 Print this page India’s minister for railways and coal, Piyush Goyal, will take temporarily take charge of the finance ministry, while the incumbent minister, Arun Jaitley, recovers from a kidney transplant. Mr Jaitley, a veteran lawyer who is one of Prime Minister Modi’s most trusted allies and advisers, underwent […]

Smriti Irani removed from I&B ministry, Piyush Goyal's finance minister till Arun Jaitley's back

Smriti Irani removed from I&B ministry, Piyush Goyal's finance minister till Arun Jaitley's back

NEW DELHI: Prime Minister Narendra Modi on Monday temporarily assigned charge of the ministries of finance and corporate affairs to railway minister Piyush Goyal till Arun Jaitley recovers from a kidney transplant, while removing the controversy-scarred Smriti Irani from the high-profile I&B ministry. Smriti’s loss will be sports minister Rajyavardhan Rathore‘s gain. The Olympic medallist, […]

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