Franco-Nevada: Stable YTD, Gains Are Due

Key takeaway: Acquiring TriCounties Bank’s parent company would give First Hawaiian its first presence on the U.S. mainland in a decade. Forward look: The merged company would have $34 billion of assets and 113 branches in Hawaii and California. Expert quote: “What we’ve lacked since our separation from Bank of the West is a branch…

Market Notice This Market Notice covers changes to the Bank’s collateral eligibility framework for the Sterling Monetary Framework (SMF). This is in the context of supporting the transition to a repo-led, demand-driven operating framework for supplying central bank reserves and is in part motivated by feedback received in response to the related Discussion Paper.   The changes in…

If you own a foreign bank account, earn income overseas or hold investments outside India, your Annual Information Statement (AIS) will soon become far more comprehensive.   The Central Board of Direct Taxes (CBDT) has expanded the scope of the AIS to include information on foreign income and overseas assets received by the…

Oil futures climbed late Tuesday after the Treasury Department canceled a license granted on June 21 to allow for the sale of Iranian oil.

India’s securitisation market began FY27 on a strong note, with volumes rising about 20 per cent year-on-year to around Rs 61,000 crore in the April-June quarter, driven almost entirely by non-banking financial companies (NBFCs), according to rating agency ICRA.   The growth extends the trend seen in the previous financial year, when banks sharply…

A Greenwich, Conn.-based team with more than $1.7 billion in client assets is joining Wells Fargo Advisors from RBC Capital Markets, the wirehouse announced Tuesday. The Sheresky Samsen Group of Wells Fargo Advisors includes managing directors of investments Steven Sheresky and his brother Jeffrey and Jeffrey Samsen. Additionally, Steven’s son, Kenneth Sheresky, is on board…