ING Bank Reaches Agreement

ING Bank Reaches Agreement

ING Bank announced today that it has entered into a Settlement Agreement with U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) and Deferred Prosecution Agreements with the Department of Justice, the United States Attorney’s Office...
SA economic outlook modest

SA economic outlook modest

Pretoria – South Africa’s economic outlook remains modest, says the Reserve Bank in its Monetary Policy Review (MPR). “The economic outlook for South Africa remains modest with a gradual recovery in domestic demand and supply expected, barring further...

Intellectual Property Book

A new book entitled Intellectual Property: From Creation to Commercialisation has been launched at NovaUCD, the Innovation and Technology Transfer Centre, by author Dr John P. Mc Manus. The professional management of intellectual property (IP) is critically important...

Threat to pensions

In some countries – Argentina, Hungary, Portugal – governments have already expropriated private-sector pension funds as a means of dealing with serious financial problems. There are “warning tremors” that such policies of seizure could spread to developed...
New World Bank president wants alignment

New World Bank president wants alignment

Pretoria – Newly appointed World Bank president Dr Jim Yong Kim will seek a new alignment of the World Bank group with a rapidly changing world. The bank announced on Monday that it had selected the Korean-American global health expert to become its next...