Market intermediaries face scrutiny amid low impact and eroding investor confidence

The role of numerous market intermediaries in the country has come under fresh scrutiny, with concerns raised about their low turnover rates and nominal contribution to market growth.Some intermediaries have also been blamed for eroding investor confidence, particularly through alleged embezzlement of clients' funds.Speaking at a programme organised by merchant...

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BofA consumer investments surpass $500b

NEW YORK, Jan 11 (Reuters): Investments from Bank of America's retail consumers have swelled to more than $500 billion in assets this year, and the company aspires to cross $1 trillion in five years."If you look at our results, we have doubled every five years, so I'd like to think...

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UCB INVESTMENT RAISES TK 4,000M CAPITAL FOR PUBALI BANK

UCB INVESTMENT RAISES TK 4,000M CAPITAL FOR PUBALI BANK UCB Investment Limited successfully closed Pubali Bank 4th Subordinated Bond worth Tk 4,000 million issued by Pubali Bank PLC. The closing ceremony was held at Pubali Bank's head office in Dhaka on Thursday. UCB Investment acted as the sole arranger for...

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