The announcements of the Raw Money in the Bank participants both fell flat on Monday by Jack Crosby @JackCrosby1423 Apr 29, 2019 at 11:35 pm ET • 8 min read Last Monday night's post-Superstar Shakeup edition of Raw showed some promise moving forward, but unfortunately, this week's Raw largely took a few steps back. With Money in the Bank less than three weeks away, Monday's offering revolved around the announcements of the Raw participants in both the men's and women's Money in the Bank ladder matches -- both of which left much to be desired. Mixed in with those as well as some lackluster matches were some bright spots, however, such as the Becky Lynch-Lacey Evans feud heating up, "Firefly Funhouse" capturing your undivided attention once again and a physical contract signing to close. Let's now have a look at everything that went down on Monday's edition of Raw. Big fan of WWE? Subscribe to our podcast -- State of Combat with Brian … [Read more...] about WWE Raw results, recap, grades: Rollins-Styles clash, Money in the Bank announcements fall flat
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By Francesco Guarascio BRUSSELS (Reuters) - Belgian bank Degroof Petercam has been audited by the Belgian central bank over how it guards against money laundering, and a source at the European Central Bank said the ECB's Supervisory Board would take up its case at a meeting starting on Thursday. In a statement on Wednesday, which came after national media reported alleged money-laundering flaws at the bank, Degroof Petercam said it was implementing recommendations the National Bank of Belgium made after the audit. The Degroof Petercam issue is on the agenda of this week's board meeting of the Frankfurt-based ECB supervision body, a European Union official told Reuters on Thursday. The board, which meets on Thursday and Friday for a regular biweekly meeting, assesses risks at banks under its watch. Under EU rules, money-laundering risks are mostly monitored by national authorities. The ECB is the euro zone's top supervisor of bank financial stability, which can be put at risk by … [Read more...] about Belgian bank Degroof Petercam’s audit under scrutiny by ECB, source says
FRANKFURT (Reuters) - One euro zone bank is falling short of the European Central Bank's capital requirements for 2019, meaning it will face restrictions on how much it can pay out to investors and executives, an ECB presentation showed on Monday. The ECB did not name any of the banks in its annual presentation on the standing of the euro zone's top lenders, which showed a slight increase in capital demands from the year before as European Union "buffers" introduced in the wake of the financial crisis are phased in. These requirements are closely watched by analysts as any bank that fails to meet them faces a cap on how much it can pay in dividends, bonuses and certain coupons and comes under pressure to raise capital. Most of the 119 banks under ECB supervision had way more Core Equity Tier 1 (CET1) capital than demanded by supervisors. Four barely made their required level and just one fell short, a slide in the ECB's presentation showed. "Most significant institutions already have … [Read more...] about One euro zone bank falls short of ECB capital requirements
WASHINGTON - President Donald Trump's choice to lead the World Bank is a firebrand critic of the world's largest anti-poverty lender -- an institution he has called wasteful, corrupt and overly generous to China. Those complaints are similar to those voiced by others in the development community. But that does not mean they have found a new ally in David Malpass, the senior US Treasury official who has pledged to reform the bank. Nancy Pelosi, the newly reinstalled Democratic speaker of the US House of Representatives, says Trump's choice threatens to "undermine the institution's mission." And Liberia's former minister of public works W. Gyude Moore tweeted that "an incorrigible arsonist will now be our fire chief." Malpass' many criticisms of the Washington-based lender certainly echo familiar refrains. Many activists have long called for reforms at the World Bank, citing a litany of alleged human rights failures and scandals, and saying projects all too often left the world's poorest … [Read more...] about Trump’s World Bank pick, an ally for the lender’s critics?
MANILA -- Banking stocks reported to have loan exposures to Hanjin fell on Friday, following reports the South Korean shipbuilder was seeking rehabilitation with some $412 million in debt. The Philippines' largest lender, BDO Unibank, was down 1.37 percent to P129.50. The financials sector was down 2.38 percent, outpacing the 0.65-percent decline on the main index. 5 banks move to cover $412 million Hanjin loans in PH's biggest default Hanjin creditors eye all options, 'will be alright,' says BPI president Bank of the Philippine Islands was down 3.54 percent to P91.15, Metrobank was down 3.72 percent to P78.85, Rizal Commercial Banking Corp was down 4.13 percent to P27.85. Hanjin's fifth creditor according to reports, LandBank of the Philippines, is not listed on the exchange. As of early Friday, only BPI confirmed its exposure to Hanjin. … [Read more...] about Banking stocks fall after report of Hanjin debt