Financial services

Qi Card Asserts Strong Continued Ability to Process Salaries, Pensions and Loans Normally

Monday, September 21, 2020 - 12:06pm

Salaries, pensions and loan applications will continue to be processed and disbursed timely in the same way that Qi Card has delivered consistently for more than a decade.

Key Points: 
  • Salaries, pensions and loan applications will continue to be processed and disbursed timely in the same way that Qi Card has delivered consistently for more than a decade.
  • Throughout this time, the professionals that comprise the Qi Card team are unwavering in their commitment to serve Qi Card's clients, partners, and customers.
  • Qi Card is the leading electronic payment services solution in Iraq, which employs biometric identity as the cardholder verification method.
  • Qi Card is operated and managed by International Smart Card"ISC,"the most successful partnership in the history of Iraq.

Morgan Stanley Announces Commitment to Reach Net-Zero Financed Emissions by 2050

Monday, September 21, 2020 - 12:30pm

Morgan Stanley today announced a new commitment to reach net-zero financed emissions by 2050.

Key Points: 
  • Morgan Stanley today announced a new commitment to reach net-zero financed emissions by 2050.
  • Climate change is one of the most complex and interconnected issues of our time, said Audrey Choi, Chief Sustainability Officer at Morgan Stanley.
  • A critical challenge to achieving this goal is the lack of standardized tools and methodologies around measuring and disclosing financed emissions.
  • Morgan Stanley has been a leader in sustainable finance since we founded our Global Sustainable Finance Group over a decade ago, said Matthew Slovik, Head of Global Sustainable Finance at Morgan Stanley.

Qi Card Asserts Strong Continued Ability to Process Salaries, Pensions and Loans Normally

Monday, September 21, 2020 - 11:52am

Salaries, pensions and loan applications will continue to be processed and disbursed timely in the same way that Qi Card has delivered consistently for more than a decade.

Key Points: 
  • Salaries, pensions and loan applications will continue to be processed and disbursed timely in the same way that Qi Card has delivered consistently for more than a decade.
  • Throughout this time, the professionals that comprise the Qi Card team are unwavering in their commitment to serve Qi Card's clients, partners, and customers.
  • Qi Card is the leading electronic payment services solution in Iraq, which employs biometric identity as the cardholder verification method.
  • Qi Card is operated and managed by International Smart Card"ISC,"the most successful partnership in the history of Iraq.

CIBC Alerts that Help Clients Keep On Top of Finances Take Centre Stage in New CIBC Campaign

Monday, September 21, 2020 - 11:00am

CIBC is launching a new brand campaign today highlighting digital tools that can help.

Key Points: 
  • CIBC is launching a new brand campaign today highlighting digital tools that can help.
  • If an unauthorized transaction is suspected, clients can quickly and easily lock their card on CIBC Mobile Banking or CIBC Online Banking.
  • All clients can receive fraud alerts by phone, email or text if unusual activity occurs on any of their accounts.
  • CIBC is a leading Canadian-based global financial institution with 10 million personal banking, business, public sector and institutional clients.

Italy Gift Card and Incentive Card Market Report 2020: Market Size and Forecast 2015-2024 with Covid-19 Update Q2 2020 - ResearchAndMarkets.com

Monday, September 21, 2020 - 10:09am

The "Italy Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook) - Market Size and Forecast (2015-2024) - Covid-19 Update Q2 2020" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Italy Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook) - Market Size and Forecast (2015-2024) - Covid-19 Update Q2 2020" report has been added to ResearchAndMarkets.com's offering.
  • Gift card market in the country will increase from US$ 6301.6 million in 2019 to reach US$ 8036.3 million by 2024.
  • Both the retail and corporate spending on gift cards will continue to support the growth of the gift card market.
  • With over 200 KPIs at country level, this report provides comprehensive understanding of gift and incentive card market dynamics.

Luis de Guindos: Interview with La Razón

Monday, September 21, 2020 - 12:04am

INTERVIEWInterview with La RazónInterview with Luis de Guindos, Vice-President of the ECB, conducted by Jesús Rivasés on 14 September 2020 These are issues which, once a solution to the pandemic has been found, will still exist and will affect day-to-day economic decisions.

Key Points: 


INTERVIEW

Interview with La Razón

    Interview with Luis de Guindos, Vice-President of the ECB, conducted by Jesús Rivasés on 14 September 2020

      • These are issues which, once a solution to the pandemic has been found, will still exist and will affect day-to-day economic decisions.
      • Should the European Union continue to offer stimulus and/or prolong the suspension of the Stability and Growth Pact?
      • This was unavoidable, and both the fiscal and monetary stimulus should continue for as long as we feel the effects of the pandemic.
      • Is the ECB prepared to maintain its low interest rate policy and asset purchase programmes for as long as required?
      • We then expanded our asset purchase programme through the pandemic emergency purchase programme (PEPP) to stabilise financial markets.
      • Last of all, some banking supervision rules were adapted to ensure that credit could continue to flow.
      • The response, from both a fiscal and a monetary perspective, has been completely different from the previous crisis.
      • Is there any possibility that the PEPP, which for the time being is temporary, will be made permanent?
      • But temporary things sometimes have a habit of becoming permanent For now, the PEPP will run until the middle of next year.
      • It has a total envelope of 1.35trillion, a substantial amount of which has still not been used.
      • The programme is very flexible; it is serving its purpose and there is still room for manoeuvre.
      • I would phrase it differently: the ECB has to act for as long as its price stability objective is not met.
      • To begin with, it was below 2%, and in 2003 it was clarified that would mean below, but close to, 2%.
      • Whats important is that we do our job well and its not an easy one at a very difficult time.
      • And not just President Lagarde and me, but all of the Executive Board and the Governing Council too.
      • Sorry, but you are independent and you have the power to create and destroy money, which nobody else has.

    Luis de Guindos: Interview with La Razón

    Sunday, September 20, 2020 - 4:01pm

    INTERVIEWInterview with La RazónInterview with Luis de Guindos, Vice-President of the ECB, conducted by Jesús Rivasés on 14 September 2020 These are issues which, once a solution to the pandemic has been found, will still exist and will affect day-to-day economic decisions.

    Key Points: 


    INTERVIEW

    Interview with La Razón

      Interview with Luis de Guindos, Vice-President of the ECB, conducted by Jesús Rivasés on 14 September 2020

        • These are issues which, once a solution to the pandemic has been found, will still exist and will affect day-to-day economic decisions.
        • Should the European Union continue to offer stimulus and/or prolong the suspension of the Stability and Growth Pact?
        • This was unavoidable, and both the fiscal and monetary stimulus should continue for as long as we feel the effects of the pandemic.
        • Is the ECB prepared to maintain its low interest rate policy and asset purchase programmes for as long as required?
        • We then expanded our asset purchase programme through the pandemic emergency purchase programme (PEPP) to stabilise financial markets.
        • Last of all, some banking supervision rules were adapted to ensure that credit could continue to flow.
        • The response, from both a fiscal and a monetary perspective, has been completely different from the previous crisis.
        • Is there any possibility that the PEPP, which for the time being is temporary, will be made permanent?
        • But temporary things sometimes have a habit of becoming permanent For now, the PEPP will run until the middle of next year.
        • It has a total envelope of 1.35trillion, a substantial amount of which has still not been used.
        • The programme is very flexible; it is serving its purpose and there is still room for manoeuvre.
        • I would phrase it differently: the ECB has to act for as long as its price stability objective is not met.
        • To begin with, it was below 2%, and in 2003 it was clarified that would mean below, but close to, 2%.
        • Whats important is that we do our job well and its not an easy one at a very difficult time.
        • And not just President Lagarde and me, but all of the Executive Board and the Governing Council too.
        • Sorry, but you are independent and you have the power to create and destroy money, which nobody else has.

      Certain Morgan Stanley Closed-End Funds Declare Quarterly Dividends

      Friday, September 18, 2020 - 9:30pm

      The amount of dividends paid by each of the Funds may vary from time to time.

      Key Points: 
      • The amount of dividends paid by each of the Funds may vary from time to time.
      • Morgan Stanley Investment Management strives to provide outstanding long-term investment performance, service and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide.
      • For further information about Morgan Stanley Investment Management, please visit www.morganstanley.com/im .
      • Morgan Stanley is a leading global financial services firm providing investment banking, securities, wealth management and investment management services.

      AM Best Affirms Credit Ratings of Central States Indemnity Co. of Omaha and CSI Life Insurance Company

      Friday, September 18, 2020 - 8:37pm

      AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings of aa- of Central States Indemnity Co. of Omaha (CSI), and its subsidiary, CSI Life Insurance Company (CSI Life).

      Key Points: 
      • AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings of aa- of Central States Indemnity Co. of Omaha (CSI), and its subsidiary, CSI Life Insurance Company (CSI Life).
      • CSI is a specialty insurance company that provides credit card credit insurance and has fronting agreements with multiple insurers.
      • CSI currently writes, on a gross basis, more non-credit insurance premiums compared with its long-standing credit insurance business.
      • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .

      StepStone Announces Closing of Initial Public Offering

      Friday, September 18, 2020 - 4:54pm

      NEW YORK, Sept. 18, 2020 (GLOBE NEWSWIRE) -- StepStone Group Inc. (Nasdaq: STEP) today announced the closing of its initial public offering of 20,125,000 shares of its Class A common stock, which includes the exercise in full by the underwriters of their option to purchase up to 2,625,000 additional shares of Class A common stock, at a public offering price of $18.00 per share.

      Key Points: 
      • NEW YORK, Sept. 18, 2020 (GLOBE NEWSWIRE) -- StepStone Group Inc. (Nasdaq: STEP) today announced the closing of its initial public offering of 20,125,000 shares of its Class A common stock, which includes the exercise in full by the underwriters of their option to purchase up to 2,625,000 additional shares of Class A common stock, at a public offering price of $18.00 per share.
      • The shares began trading on the Nasdaq Global Select Market on September 16, 2020 under the ticker symbol STEP.
      • J.P. Morgan, Goldman Sachs & Co. LLC and Morgan Stanley acted as joint lead book-running managers for the offering.
      • Barclays and UBS Investment Bank acted as joint book-running managers for the offering.