The California-based utility requested that a federal bankruptcy court prevent FERC from enforcing the conditions of the more than 380 power purchase agreements (PPAs) that the utility may want to exit under its Chapter 11 bankruptcy filing.

Virginia’s energy office is exploring whether to align the state with a billion-dollar New York clean energy financing program.

The Bangladesh eGovernment Computer Incident Response Team, or CIRT, is taking several steps to strengthen cybersecurity, including building a sensor network to help enable all banks to share threat intelligence, says Tawhidur Rahman, CIRT's head of digital security and diplomacy.

The Bangladesh eGovernment Computer Incident Response Team, or CIRT, is taking several steps to strengthen cybersecurity, including building a sensor network to help enable all banks to share threat intelligence, says Tawhidur Rahman, CIRT's head of digital security and diplomacy.

The Bangladesh eGovernment Computer Incident Response Team, or CIRT, is taking several steps to strengthen cybersecurity, including building a sensor network to help enable all banks to share threat intelligence, says Tawhidur Rahman, CIRT's head of digital security and diplomacy.

The Bangladesh eGovernment Computer Incident Response Team, or CIRT, is taking several steps to strengthen cybersecurity, including building a sensor network to help enable all banks to share threat intelligence, says Tawhidur Rahman, CIRT's head of digital security and diplomacy.

The RiverBank, Wyoming, Minn., was closed by the Minnesota Department of Commerce, which appointed the Federal Deposit Insurance Corp. as receiver.

Sun Security Bank, Ellington, Mo., was closed by the Missouri Division of Finance, which appointed the Federal Deposit Insurance Corp. as receiver.

The Bangladesh eGovernment Computer Incident Response Team, or CIRT, is taking several steps to strengthen cybersecurity, including building a sensor network to help enable all banks to share threat intelligence, says Tawhidur Rahman, CIRT's head of digital security and diplomacy.

The Bangladesh eGovernment Computer Incident Response Team, or CIRT, is taking several steps to strengthen cybersecurity, including building a sensor network to help enable all banks to share threat intelligence, says Tawhidur Rahman, CIRT's head of digital security and diplomacy.

The Hong Kong Monetary Authority is informing authorized institutions that on Feb. 29, 2012, the Banking (Amendment) Ordinance 2012 bill was passed by the Legislative Council.

The Bangladesh eGovernment Computer Incident Response Team, or CIRT, is taking several steps to strengthen cybersecurity, including building a sensor network to help enable all banks to share threat intelligence, says Tawhidur Rahman, CIRT's head of digital security and diplomacy.

The Reserve Bank of India has updated its mobile banking circular, dated Dec. 24, 2009, removing the 50,000 Rupees per customer, per day limit.

The Institute for Development and Research in Banking Technology has launched the Mobile Banking Security Lab to explore solutions to the evolving challenges in the area of mobile banking and security.

The Bangladesh eGovernment Computer Incident Response Team, or CIRT, is taking several steps to strengthen cybersecurity, including building a sensor network to help enable all banks to share threat intelligence, says Tawhidur Rahman, CIRT's head of digital security and diplomacy.

The Bank of England on Thursday warned that the UK economy is heading towards its deepest recession on record, as the British economy will shrink by 14 percent this year. The Covid-19 pandemic was "dramatically reducing jobs and incomes in the UK", it said. Bank governor Andrew Bailey told the BBC there would be no quick return to normality. The EU has forecast an eight-percent contraction for the UK.

The European Commission is floating plans to beef up the fight against money-laundering, including possibly giving a supervisor role to the European Banking Authority. Yet the authority's board refused to act on a €200bn money-laundering scandal involving Danske Bank.

Renewable energy companies will derive more of their funding from bond markets as banks curb lending to the industry, Citigroup Inc.’s head of environmental finance said.

The U.K. Green Investment Bank aims to boost the capital it commits to carbon-cutting projects to 700 million pounds ($1.2 billion) this year as it chases deals in offshore wind, waste and energy efficiency.

Indian Prime Minister Narendra Modi appointed a former banker to oversee coal, power and clean-energy reforms in a move aimed at resolving fuel bottlenecks and chronic blackouts hampering economic growth.

Caisse des Depots et Consignations, a French state bank, is setting aside 5 billion euros ($6.8 billion) for green projects after the government proposed a law to spur use of renewable electricity and boost efficiency.

U.S. Export-Import Bank Chairman Fred Hochberg mounted a defense of the 80-year-old agency as Republicans weigh eliminating the lender they say backs major corporations with political connections.

Shinsei Bank Ltd., a lender for Goldman Sachs Group Inc.’s clean-energy projects in Japan, plans to provide as much as 200 billion yen (US $2 billion) in loans for renewable developments.

The U.K. Green Investment Bank is set to tie up the first investments in a $1.6 billion fund by the end of March, part of Britain’s push to cement its dominance in offshore wind power.

Kior Inc., a maker of biofuels from crops such as switchgrass, wood chips and corn husks, filed for bankruptcy protection with a plan to sell its assets to affiliates of backer Vinod Khosla if no better offer emerges.

The Brazilian bank Itau Unibanco Holding SA raised 1.05 billion reais ($408 million) to finance renewable energy and water treatment projects.

The World Bank has approved US$390 million in additional financing to be used by Pakistan's Water and Power Development Authority for extensions of its Tarbela hydroelectric plant.

Dating apps may get all the press, but NerdWallet has been refining the art of financial matchmaking for more than a decade. The company provides its members with sound financial advice generated by machine learning algorithms. But as computing has advanced, so has NerdWallet’s ambition. Now the company is using AI to better match casual Read article >

The post Banking on AI: NerdWallet’s Recommendation Engine Matches Customers with Relevant Financial Products appeared first on The Official NVIDIA Blog.

Lehman Brothers, the fourth largest investment bank in the US, filed for bankruptcy this morning.   If you have funds which have entered into OTC derivatives contracts with Lehmans under an ISDA Master Agreement you may be considering your posi...

The European Commission (Commission) has contacted the European Securities and Markets Authority (ESMA) and, more recently, the European Banking Authority...

The test case brought by the Office of Fair Trading (OFT) against a selection of banks and a building society has begun in the High Court in London. The case concerns the legality and reasonableness of charging unauthorised overdrafts and other bank...

It is estimated that there are currently hundreds of millions of pounds sitting unclaimed in UK bank and building society accounts. This forgotten money is a drain on the resources of financial institutions, when it could potentially be put to good ...

A DISPUTE between a comedian and his former employer ignited social media yesterday when it turned into an issue relevant to everyone — privacy protection.

The Energy Transition Club and the REA are hosting a webinar on Wednesday 6 May at 11am for 90 minutes....

The stay on debt collection proceedings will end on 22 April 2020. The Federal government adopted emergency law on 16 April 2020, in order to prevent coronavirus-related bankruptcies and the resulting job losses. The “COVID-19 Insolvency Ordin...

By East-West Center HONOLULU (March 27, 2020)—Population aging is affecting countries all across Asia. This ongoing demographic transition will leave many of the region’s economies increasingly dependent on an aging, and eventually a shrinking, workforce. Economists disagree, however, on whether population aging will necessarily lead to a slowdown in economic growth.

This is a summary only. Click the title for the full article, or visit www.EastWestCenter.org/Research-Wire for more.

On Monday 27th April 2020, during a live nationwide address, President Muhammadu Buhari GCFR laid out the easing of lockdown restrictions to curtail the spread of the coronavirus in Lagos, FCT, and Ogun States. The highlights of the new measures include revised operating hours for Banks and Financial institutions as an essential service, each branch
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The post Virtual banks: Perhaps the only way appeared first on Vanguard News.

The household debt balance has rapidly increased to approach 1,400 trillion won (US$1.24 trillion) as of the end of June this year. It is estimated the balance may have surpassed the 1,400-trillion-won level by mid-August. As the amount of household debt reaches 90 percent of the gross domestic products (1,637 trillion won at the end of last year), economists began warning the high debt level may pose an obstacle to further growth.According to the Bank of Korea on August 23, the balance of house...

Government plans to ensure that workers don't have to take Bank Holidays as part of their annual leave will see the UK start to catch up with its European counterparts in terms of holiday provision. Currently up to two million workers in the UK hav...

In a somewhat timely judgment, bearing in mind the May bank holidays, the Court of Session (the Scottish Court of Appeal) has clarified that it is not necessarily unlawful for an employer to not provide alternative leave days for part-time workers w...

Eversheds Sutherland has advised Investment House Q.P.S.C. (“IH”), one of the leading investment banks and asset managers in Qatar, in connection with the first private fund in the country to invest in the alternative asset class of commercial shipp...

As is common practice now, ING Bank (“ING”) filed a number of cases asserting rights to amounts due and payable to O.W Bunker & Trading A/S (“O.W Bunker) for the provision of bunkers of fuel oil to vessels.  These cases in...

The Central Bank of Malaysia or Bank Negara Malaysia (‘BNM’) on 18 July 2019 issued another policy document which sets out its requirements to the nation’s Financial Institutions (‘FIs’) management of technology risk. W...

Precis: In this briefing, we look at the new regulations permitting the Central Bank of Ireland to limit the rights of individuals under the GDPR. On 30 October 2019 the Data Protection Act 2018 (section 60(6)) (Central Bank of Ireland) Regulations ...