BSEC removes bar on whistleblowers sharing information
In a significant policy shift, the Bangladesh Securities and Exchange Commission (BSEC) has now decided in principle to allow whistleblowers to share with the media or other authorities the information they have submitted to the regulator.The securities regulator took the decision in response to strong criticism from experts over a...
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Emerging market equity funds slide as Iran conflict sparks sell-off
Emerging market equity funds have posted steep declines this month as investors cut exposure to risk assets amid the escalating Iran conflict, making them among the worst performers across asset classes, reports Reuters.Based on LSEG Lipper calculations, equity funds focused on Pakistan, Chile, Greece, Colombia, Argentina, the United Arab Emirates...
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NYSE fined $9m over stock market glitch
NEW YORK, March 7 (Reuters): The New York Stock Exchange has agreed to pay a $9 million civil fine to settle US Securities and Exchange Commission charges over a computer glitch that disrupted the stock market open in January 2023, causing wild swings in the prices of blue-chip stocks.Friday's settlement...
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UNITED COMMERCIAL BANK HOSTS HAJJ AGENCY CONFERENCE -
UNITED COMMERCIAL BANK HOSTS HAJJ AGENCY CONFERENCE The United Commercial Bank PLC (UCB) organised a Hajj Agency Conference at a hotel in Chattogram on Tuesday to further strengthen partnerships with Hajj agencies and ensure improved and seamless services for pilgrims. Abul Alam Ferdous, Additional Managing Director of UCB, attended the...
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ISLAMI BANK HOLDS ANNUAL RISK CONFERENCE-
ISLAMI BANK HOLDS ANNUAL RISK CONFERENCEIslami Bank Bangladesh PLC held its Annual Risk Conference at the Islami Bank Tower on Saturday. Md. Omar Faruk Khan, Managing Director of the bank, was present as the chief guest while Md. Alauddin Hossain, Director of Bangladesh Bank, spoke as the guest of honour....
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BRAC Bank appoints Wasi Noman as CIO
BRAC Bank has appointed ASM Wasi Noman as Additional Managing Director and Chief Information Officer (CIO).As the bank's first Chief Information Officer, Wasi Noman will lead enterprise-wide technology strategy and digital innovation to strengthen operational excellence, elevate customer experience, and future-ready banking capabilities. As a member of the Management Committee,...
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