Stabilisation Fund set for mandate overhaul for better investor protection
Capital Market Stabilisation Fund (CMSF) is going to be transformed into a statutory fund to strengthen its legal status so that the main purpose of ensuring protection of investors' money is well served. It will not only get a different name but will also be given a different operating framework....
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Citizens Bank holds 4th Annual General Meeting
Citizens Bank holds 4th Annual General Meeting The 4th Annual General Meeting of Citizens Bank PLC was held at the bank's Head Office in Dhaka on Saturday. The meeting was presided over by Chowdhury Mohammed Hanif Shoeb, Chairman, Board of Directors of the bank. Directors Mukhlesur Rahman, S M Shofiqul...
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Islami Bank sets sights on top spot after stunning comeback
After narrowly escaping a liquidity collapse triggered by massive loan irregularities linked to the S Alam Group, Islami Bank Bangladesh PLC is now on a determined path to reclaim its past glory -- aiming to become the country's leading commercial bank once again.In an exclusive interview with The Financial Express...
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US investors back away from climate, social reforms
Support for shareholder resolutions pressing US companies for environmental and social reforms fell to 16 per cent on average for the 12 months ended June 30, half the rate of three years ago, data from Morningstar shows, reports Reuters.Analysts, activists and investors attributed the trend to hostility to climate and...
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