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Finance and Investment

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Finance and Investment Articles

EUFA turns the heat on Auditors and Trustees

Auditors and Trustees of all failed finance companies have a responsibility to investors to seek accountability from the Directors and company management. They have a duty to resolve the serious issues of any mismanagement and deal to those who have misma

Mauritius: A Critical Review of Central Bank's Guidelines for Institutions in Islamic Banking Services Finance

The race to develop an Islamic financing industry through new products, such as shari'ah-compliant hedging instruments, has become the latest focus in the financial sector. «Shari'ah» laws, current practices and proper supervision are highlighted.

Sununu: Vote led to US bailout

NASHUA -- U.S. Sen. John E. Sununu said Congress would have avoided a financial bailout of mortgage finance giants Fannie Mae and Freddie Mac had it stiffened government oversight five years ago. ... - By KEVIN LANDRIGAN Staff Writer

Fitch Downgrades 2 Sub-Classes of Newport Waves 3; Resolves Negative Watch

NEW YORK----Fitch Ratings has downgraded the following sub-classes of Newport Waves CDO Series 3 and removed the notes from Rating Watch Negative. The following rating actions are effective immediately:

Fitch Downgrades Sub-Class A6-EL of Newport Waves CDO Series 7; Resolves Negative Watch

CHICAGO----Fitch Ratings has downgraded the following sub-class of Newport Waves CDO Series 7 and removed the notes from Rating Watch Negative. The following rating action is effective immediately: