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

Why trustees fail to protect mutual fund investors

A majority of the financial institutions are reluctant to play the role of a trustee of mutual funds as they say they do not have the power to check scams committed by asset management companies (AMCs). Trustees have been blamed for failing to secure unit holders' interest following discovery of...

Foreign outflows hit Asian bonds in Nov on Trump policy concerns, dollar's rise

Asian debt markets witnessed foreign outflows in November for the first time in seven months as expectations of changes in US trade policies under the forthcoming Trump administration and a strengthening dollar dampened investor appetite, reports Reuters.Non-native investors withdrew a net $1.92 billion from local bond markets in Indonesia, Thailand,...

EM has no easy escape from dollar squeeze

ORLANDO, Florida, Dec 14 (Reuters): A strong US dollar and high Treasury yields are posing significant challenges for emerging economies, and policymakers have no easy way to counter this powerful one-two punch.With American exceptionalism casting a shadow over the rest of the world, many emerging markets (EM) are facing weaker...

EXIM BANK INAUGURATES ITS 154TH BRANCH IN MUNSHIGANJ'S TONGIBARI

Exim Bank inaugurated its 154th branch at Tongibari in Munshiganj on Saturday. Md Feroz Hossain, managing director and chief executive officer of the bank, inaugurated the branch as the chief guest while Md. Anisul Alam, regional manager of Dhaka South, Exim bank, presided over the programme. Sanjib Chatterjee, head of...

PRIME BANK SIGNS AGREEMENT WITH SIMPLETREE

Prime Bank recently signed an agreement with SIMPLETREE, at the bank's corporate office. SIMPLETREE is a brand of the real estate developer, Spacezero. Prime Bank's customers will enjoy attractive offers and discounts by Spacezero under this agreement, while receiving special privileges from the bank. Md. Ziaur Rahman, deputy managing director...

NATIONAL BANK HOLDS REGIONAL BUSINESS CONFERENCE -

National Bank hosted its regional business conference on Saturday at Hotel Grand Park in Barishal. Abdul Awal Mintoo, chairman of National Bank, attended the event as the chief guest. Moazzam Hossain, vice chairman and sponsor director, and Md. Abdus Satter Sarkar, independent director and chairman of the audit committee, were...