Sanctions: California's Attorney General says pension funds should dump Iran-related shares
9. February 2010
It's not a sanction, and it holds no legal force, but the statement from Jerry Brown is a statement of intent: CalPERS and CalSTRS should divest themselves of holdings in companies that do business with Iran, he says. If they do so, there are global implications. And on balance, they are likely to cause more harm than good. |
Asset finance: UK motor vehicle monitor saves financed vehicles from crusher
9. February 2010
In the UK, police have the power to seize cars which are found to be uninsured or with no road tax - and one in eight of those cars are sent to the crusher. But many of those cars are subject to outstanding finance payments. HPI Crushwatch has saved cars as exotic as an Audi R8, a Bentley and an Aston Martin DB7 and returned them to the finance companies concerned. |
Phishing Alert: Maybank, Malaysia
9. February 2010
A phishing attack has been commenced against customers of Malaysia's Maybank. |
Banking: Nigeria's only Islamic Bank goes off-line
8. February 2010
Jaiz International, Nigeria's only Islamic bank, has gone offline after its internet domain expired yesterday. |
Banking: Nigeria's absent president may result in delays in banking reform
8. February 2010
Nigeria's president Umaru Yar'Adua was taken seriously ill almost three months ago and although rumours of his death were incorrect, his absence from office - and the country - is paralysing law making, including banking sector reform. |
Banking: AUS - Full text of ministerial statement re lapsing of guarantee scheme
8. February 2010
Australian Treasury Minister Wayne Swan outlines to the Australian Government the reasons why the bank guarantee will expire at the end of March. |
