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Credit Suisse Books $850 Million Charge Over U S Mortgage-Backed Securities

An $850 million legal charge will push Credit Suisse into a net loss, denting what had been a strong performance by the Swiss banking giant during the pandemic.

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Where is Debt Commission report?

ISLAMABAD: Where is the Debt Inquiry Commission report and why is the government not making it public? A cabinet member who confided to The News claimed the report is with the finance ministry but he was not sure whether it would be made public or not. The minister feared that the report would invite more problems than doing any good. He said that without any forensic audit, the report includes certain unverified allegations that could upset some international financial institutions – something that Pakistan simply cannot afford. Prime Minister Imran Khan had constituted the Debt Commission report under Husain Asghar, the deputy chairman NAB, in the hope that the Commission would dig out what proportion of the debt accumulated during the last PPP and PML-N governments had gone into the pockets of politicians, including Nawaz Sharif and Asif Ali Zadari.

North west frontierNawaz sharifHusain asgharAsif ali zadariZahid gishkoriImran khanKhalid mustafaEconomic affairs divisionLahore development authorityWorld bankAsian development bankPakistan people partyPakistan muslim league nawazDebt commissionDebt inquiry commissionMinister imran khan

Argentina s honeymoon with IMF about to get a reality check

6 Min Read NEW YORK/BUENOS AIRES (Reuters) - Argentina’s honeymoon with the International Monetary Fund is about to be tested as it looks to update a $57 billion agreement struck two years ago that failed to prevent a slide into recession and the country’s ninth sovereign default. FILE PHOTO: IMF Managing Director Kristalina Georgieva and Argentina s Economy Minister Martin Guzman attend a conference hosted by the Vatican on economic solidarity, at the Vatican, February 5, 2020. REUTERS/Remo Casilli/File Photo The IMF, often the target of angry protests in the streets of Buenos Aires, has looked to soften its tone with Argentina as the center-left Peronist government has restructured over $100 billion with private creditors this year.

Buenos airesDistrito federalCity ofUnited kingdomAlberto fernandezRodrigo camposAdam jourdanHugh bronsteinGabriel zelpoTom brownFabiana fedeliKristalina georgievaTed pincusPope francisJulie kozackMartin guzman

Welcome To IANS Live - BUSINESS - Piramal counters Oaktree s claims on DHFL bid

Welcome To IANS Live - BUSINESS - Piramal counters Oaktree s claims on DHFL bid
ianslive.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ianslive.in Daily Mail and Mail on Sunday newspapers.

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Where is the Debt Commission report?

ISLAMABAD: Where is the Debt Inquiry Commission report and why is the government not making it public? A cabinet member who confided to The News claimed the report is with the finance ministry but he was not sure whether it would be made public or not. The minister feared that the report would invite more problems than doing any good. He said that without any forensic audit, the report includes certain unverified allegations that could upset some international financial institutions – something that Pakistan simply cannot afford. Prime Minister Imran Khan had constituted the Debt Commission report under Husain Asghar, the deputy chairman NAB, in the hope that the Commission would dig out what proportion of the debt accumulated during the last PPP and PML-N governments had gone into the pockets of politicians, including Nawaz Sharif and Asif Ali Zadari.

North west frontierNawaz sharifHusain asgharAsif ali zadariZahid gishkoriImran khanKhalid mustafaEconomic affairs divisionLahore development authorityWorld bankAsian development bankPakistan people partyPakistan muslim league nawazDebt commissionDebt inquiry commissionMinister imran khan