The Wasil Foundation, a Pakistan-based microfinance institution, won the Islamic Microfinance Challenge, a global contest to identify innovative Sharia-compliant financial products. Wasil won the $100,000 grant award for its package of products aimed specifically at smallholder farmers.
To view the Multimedia News Release, go to http://www.multivu.com/players/English/7065951-cgap-2013-islamic-microfinance-challenge-winner-the-wasil-foundation/
The National Insurance Crime Bureau (NICB) today issued a warning to the public about an organized scam involving sales of vehicles through the popular online market place, Craigslist.
Working with law enforcement agencies in the Chicago area and across the Midwest, NICB has identified nearly 100 instances of sales of vehicles that went sour when phony bank checks were used to pay for the vehicle.
“These scams are well organized and have all the appearances of being legitimate,” said NICB President and CEO Joe Wehrle. “But in the end, the criminal gets the car and the sellers or their financial institutions are left on the hook for thousands of dollars still owed on the car.”
To view the Multimedia News Release, go to http://www.multivu.com/players/English/7523151-nicb-craigslist-auto-sales-scam/
Knowing what is important in life became clear to Michael and Kim Jones after Michael was diagnosed with terminal neck cancer. “It changed us dramatically,” Kim said of the diagnosis and the ensuing five-year journey that followed.
To view the Multimedia News Release, go to: http://www.multivu.com/players/English/7100755-northwestern-mutual-client-stories-life-insurance/
Despite increasing regulatory requirements for hedge funds, only 10% of investors feel that regulations effectively protect their interests, and 85% of investors do not believe these requirements will help prevent the next financial crisis, according to Ernst & Young’s sixth annual survey of the global hedge fund market, Finding Common Ground.
To view Multimedia News Release, go to http://www.multivu.com/mnr/59011-ernst-young-global-hedge-fund-survey-perceived-benefits-of-regulation
McGruff the Crime Dog is about to “Take A Bite Out Of Crime,” specifically financial and investment fraud. Researchers estimate that consumer financial fraud cost Americans over $50 billion a year. In addition, a survey by the FINRA Investor Education Foundation of U.S. adults age 40 and older found that more than 80 percent of respondents have been solicited to participate in a potentially fraudulent scheme, and over 40 percent of those surveyed could not identify classic red flags of fraud.
To view the Multimedia News Release, go http://www.multivu.com/players/English/7195831-ncpc-finra-prevent-investment-fraud/
BGC Partners, Inc. (NASDAQ: BGCP) (“BGC Partners” or “BGC”), a leading global brokerage company servicing the financial and real estate markets, announced today that BGC, together with its affiliate Cantor Fitzgerald, raised the same as last year at approximately $12 million for charities around the world, at the companies’ annual Charity Day on Thursday, September 11, 2014.
To view the Multimedia News Release, go http://www.multivu.com/players/English/7319951-bgc-partners-inc-tenth-annual-charity-day-with-cantor-fitzgerald/
Global thought leaders today gathered at the World Capital Markets Symposium (WCMS), organised by the Securities Commission Malaysia (SC) in conjunction with its 20th anniversary.
At the opening session this morning, Malaysian Prime Minister Dato' Sri Najib Razak will be delivering a keynote address to more than 700 senior policymakers and representatives from global financial institutions, academia as well as local and foreign media from over 40 countries.
To view Multimedia News Release, go to http://www.multivu.com/mnr/63959-october-22-world-capital-markets-symposium
In Rogue Code, a cyberthriller by real-world cybersecurity expert Mark Russinovich, Jeff Aiken races against time to prevent hackers that have penetrated the New York Stock Exchange from carrying out a multibillion dollar heist and possible resulting collapse of the world’s financial markets. Find out more at http://markrussinovich.com Thriller/TechnoThriller
SAIC, Inc. (NYSE: SAI) today held an Investor Day event in New York City in which the senior leadership team of the planned spin-off company, Science Applications International Corp. (SAIC), presented its business plans and financial objectives.
SAIC, Inc. previously announced plans to create two independent, publicly traded companies. Upon completion of the planned spin-off transaction, the technical, engineering and enterprise IT services business will retain the name SAIC and trade under (NYSE: SAIC), while the government and commercial solutions company will be named Leidos and trade under (NYSE: LDOS).
To view Multimedia News Release, go to http://www.multivu.com/mnr/63326-saic-presents-planned-company-s-business-financial-objectives-investor-day
Corporate cyber-attacks cost the global economy hundreds of billions of dollars annually. Recent, high-visibility data breaches underscore the need for advanced cyber-security defenses, particularly in the financial services sector. Corporate boards and senior risk executives are taking notice, resulting in a surge in demand for qualified candidates to take on a new C-suite role: the Chief Information Security Officer (CISO).
To view the Multimedia News Release, go to: http://www.multivu.com/players/English/7245051-heidrick-and-struggles-debuts-leadershiptv-insights-cyber-attacks-for-c-suite/
As the hedge fund industry matures, managers who survived the financial crisis are now beginning to focus on growing beyond their original business models, according to EY’s seventh annual survey of the global hedge fund market, Exploring pathways to growth. However, the survey shows that while managers want to grow their assets under management through new products and distribution channels, investors do not necessarily plan to increase allocations to hedge funds and are not interested in buying multiple products from one manager.
To view the Multimedia News Release, go to http://www.multivu.com/mnr/64370-ey-seventh-annual-survey-of-the-global-hedge-fund-market
For families who have a dependent with special needs, financial planning often takes a back seat to the necessities of daily life; but it also bears an increased importance.
“April’s Autism Awareness Month offers a great opportunity to emphasize the importance of planning for families who are caring for a dependent child, sibling or spouse with special needs,” said Ruthann Driscoll, JD, CLU, CFP®, director of advanced planning at Northwestern Mutual. “Crafting a comprehensive plan that addresses the needs of the dependent with special needs — for today and for tomorrow — and balancing that with the needs of the rest of the family is essential to achieving lifelong financial security.”
To view the Multimedia News Release, go to http://www.multivu.com/players/English/7422151-northwestern-mutual-autism-awareness/
