Finance News: Latest Financial News, Finance News today in Bangladesh

Equity market controlled by influential frauds during Hasina's regime: White Paper

Trillions of money was embezzled from the stock market through fraud, manipulation, placement shares, and IPOs, according to the final draft of White Paper on the state of the Bangladesh economy.Powerful investors and institutions artificially inflated share prices through serial trading among themselves, violating securities laws.They targeted some stocks and...

Sinha Securities asked to resolve CCA deficit to get its licence back

The securities regulator instructed the chairman of Sinha Securities to fill deficits in its consolidated customers' account (CCA) by selling her shares of ACME Laboratories.As per a regulatory order, sponsor and chairman of Sinha Securities Parveen Akhter will have to sell 2.2 million shares from her holdings of shares of...

SOUTHEAST BANK, ABC INTERNATIONAL BANK HOLD BUSINESS MEETING

Southeast Bank recently hosted a business meeting with ABC International Bank, Bahrain, at the head office of the Southeast Bank. The meeting focused on reviewing existing relationship between two institutions and exploring opportunities for mutual collaboration and growth. Mr. Nuruddin Md. Sadeque Hossain, managing director of Southeast Bank, and Mr....

MERCANTILE BANK HOLDS AML CONFERENCE - 2024

Mercantile Bank held its Anti Money Laundering (AML) Conference-2024 at FARS Hotel and Resorts, Dhaka on Saturday. A. K. M. Ehsan, executive director of Bangladesh Bank, spoke on the occasion as the chief guest while Md. Mostakur Rahman, director, Bangladesh Financial Intelligence Unit, was present as the special guest. Mati...

ISLAMI BANK RECOGNISED AS HIGHEST REMITTANCE RECIPIENT BANK

Islami Bank Bangladesh received 'Top Remittance Receiver Bank Award 2024' at the 'Bangladesh Remittance Fair' organised in New York of United States (US). Raihanul Islam Chowdhury, senior vice president of the Bangladesh-USA Chamber of Commerce and Industry, handed over the crest and certificate to Obayed Ullah Al Masud, chairman of...

PRIME BANK, FOOTSTEP BANGLADESH AGREE TO PROVIDE SAFE WATER,CLEAN ENERGY UNDER CSR

Prime Bank has signed an agreement with Footstep Bangladesh to install water filtration system in eight govt. public schools in Chattogram and solar panels in 100 fisherman's households in Cox's Bazar as part of its corporate social responsibility initiative. Md. Ziaur Rahman, deputy managing director, Prime Bank, and Shah Meem...

Jobs data set to pave way for rates path, stocks

NEW YORK, Dec 01 (Reuters): The coming week will give investors a fresh view into the health of the US economy with the release of a closely watched employment report that could help determine the trajectory of interest rates in the months ahead.Stocks are heading into December with the benchmark...