Re-Examining The Role Of Correspondent Banking

More money crossing borders digitally. Fewer correspondent banks to move that money. And the hallmark of that money movement — a lack of transparency and speed. What might replace a clunky system in a world where payments are becoming ever more global?

The Bank for International Settlements (BIS) said in a recent report that the number of correspondent banks — where banks and financial institutions (and domestic payment systems) are linked together — slipped 3 percent in 2019 vs. 2018 and declined a significant 22 percent from 2011 to 2019.

The BIS found that decline is even more pronounced in emerging-market economies and smaller island nations. For instance, the number of active correspondent banks fell about 23 percent in advanced economies, but as much as 41 percent in developing nations.

A Reduction In The Number Of Corridors 

Part of the reason for the

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Dai Ichi Life Insurance Company Ltd Sells 16,580 Shares of General Electric (NYSE:GE)

Dai Ichi Life Insurance Company Ltd trimmed its position in General Electric (NYSE:GE) by 3.3% during the second quarter, reports. The fund owned 488,715 shares of the conglomerate’s stock after selling 16,580 shares during the quarter. Dai Ichi Life Insurance Company Ltd’s holdings in General Electric were worth $3,338,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Platinum Investment Management Ltd. lifted its stake in General Electric by 64.9% in the second quarter. Platinum Investment Management Ltd. now owns 34,680,403 shares of the conglomerate’s stock valued at $236,867,000 after buying an additional 13,647,730 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund increased its stake in General Electric by 3,523.3% during the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 10,869,912 shares of the conglomerate’s stock valued at

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Top Health Insurance CEO On Taking Care Of Employees, Patients, And Doctors During The Pandemic

Complexity is the defining business and leadership challenge of our time. But it has never felt more urgent than this moment, with the coronavirus upending life and business as we know it. For the next few weeks, we’ll be talking to leaders about what it takes to lead through the most complex and confounding problems, and about Brody Moments (from Jaws’ Police Chief Brody and his famous line “you’re going to need a bigger boat”) related to the coronavirus. 

Today we talk with Dr. Michael Cropp, President, and CEO of Independent Health, one of the highest-ranked health plans in the United States. A family physician by training, he has always focused on helping physicians meet patients’ needs in more efficient and effective ways. Cropp started an eight-person practice in Southeastern Massachusetts, and later relocated to Buffalo to apply his experience to a large existing group

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Launching Venice VR Expanded of Venice Film Festival in Taipei through Collaboration of HTC VIVE ORIGINALS and Taiwan Creative Content Agency

TAIPEI, Sept. 2, 2020 /PRNewswire/ — This year, Taiwan Creative Content Agency and HTC VIVE ORIGINALS officially collaborate with Venice Film Festival to launch the latter’s VR section this year, VENICE VR EXPANDED, in Taipei. Coinciding with the inauguration of the commercial VR theatre at Ambassador Theatres at the Spring Center in Taipei, shortlisted works of the VR section will be screened at the theatre from September 2 to 12. The inauguration of this commercial VR theatre represents an important

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BUZZ-U.S. STOCKS ON THE MOVE-Quest Diagnostics, Murphy USA Inc, Intercept Pharmaceuticals

Eikon search string for individual stock moves: STXBZ

The Day Ahead newsletter:

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The S&P 500 and the Nasdaq hit new highs on Tuesday with the tech-heavy index boosted by Apple and Zoom Video, while better-than-expected U.S. manufacturing sector data fueled optimism around a post-pandemic economic recovery. .N

At 13:00 p.m. ET, the Dow Jones Industrial Average .DJI was up 0.28% at 28,509.12. The S&P 500 .SPX was up 0.36% at 3,513.06 and the Nasdaq Composite .IXIC was up 1.02% at 11,895.958. The top three S&P 500 .PG.INX percentage gainers: ** Walmart Inc , up 6.2% ** L Brands Inc , up 5.2% ** Albemarle Corp , up 4.7% The top three S&P 500 .PL.INX percentage losers: ** Mylan Nv , down 4.8% ** Regeneron Pharmaceuticals Inc , down 4.5% ** Abbvie Inc , down 4.3% The top three NYSE .PG.N percentage gainers:

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Telecommunication Relay Service Market Share, Application, Size and Type|AT&T Inc, Hong Kong Broadband Network Limited, NCID

eTurboNews Syndication:

Pune, Maharashtra, India, August 20 2020 (Wiredrelease) MarketResearch.Biz –: The recent report posted via MarketResearch.Biz on Telecommunication Relay Service market offers critical market insights in conjunction with targeted segmentation evaluation. The report examines key using elements which might be anticipated to drive the increase of the market.

Global Telecommunication Relay Service Market Research Report offers crucial data on numerous market situations, for example, ability improvement elements, elements controlling the advancement, market possibilities, and risks to the global market. Also, the report widely facilities round competitive evaluation of Telecommunication Relay Service Market. The competitive evaluation section includes key producers, recent players, providers, market strategies, ability chances, operation panorama, and evaluation of the traits of the Telecommunication Relay Service market. The market consequences are targeted by round the present market scenario. To gauge and expect the competitive scenario on this market. This report will likewise assist all of the

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Single Blood Drop Analysis Market Research Insights 2019 Global Industry Outlook Shared in Detailed Report, Forecast to 2022

The MarketWatch News Department was not involved in the creation of this content.

Sep 02, 2020 (Heraldkeepers) —
The global Single Blood Drop Analysis Market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Single Blood Drop Analysis Market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

The Single Blood Drop Analysis Market is expected to exceed more than US$ 25.6 Billion by 2024 at a CAGR of 10.9% in the given forecast period.

Browse Full Report:

The global Single Blood Drop Analysis Market is segregated on the basis of Application as Drug Response, Diagnosis, and Patient Monitoring. Based on Technology the global Single Blood Drop Analysis Market is segmented in Consumables, Blood Collection Technologies, and Blood Analyzers. Based on End-User Industry

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Prudential Financial Stock Has A Limited Upside

Prudential Financial stock (NYSE: PRU) lost almost 59% – dropping from $95 at the end of 2019 to around $39 in late March – then spiked 73% to around $68 now. But that means it’s still 28% lower than where it started the year!

There were 2 clear reasons for this: The Covid-19 outbreak and economic slowdown meant that market expectations for 2020 and the near-term consumer demand fell. This is likely to impact the insurance premiums and net investment income, which are the two main revenue sources for Prudential Financial. However, the multi-billion-dollar Fed stimulus in late March helped arrest the negative market sentiment, which is also evident from the stock recovery after that point.

But, we think Prudential

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Global Integrated Facility Management Market Procurement Intelligence Report with COVID-19 Impact Analysis

Request free sample pages” data-reactid=”12″The Global Integrated Facility Management market will register an incremental spend of about $30 billion, growing at a CAGR of 7% during the five-year forecast period. A targeted strategic approach to Global Integrated Facility Management sourcing can unlock several opportunities for buyers. This report also offers market impact and new opportunities created due to the COVID-19 pandemic. Request free sample pages” data-reactid=”13″This press release features multimedia. View the full release here:

SpendEdge has announced the release of its Global Integrated Facility Management Market Procurement Intelligence Report (Graphic: Business Wire)

  • What are the market dynamics?
  • What are the key market trends?
  • What are the category growth drivers?
  • What are the constraints on category growth?
  • Who are the suppliers in this market?
  • What are the demand-supply
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    Insights on the Global Oil Well Christmas Tree Market 2020-2024: COVID-19 Analysis, Drivers, Restraints, Opportunities, and Threats – Technavio

    LONDON–(BUSINESS WIRE)–The oil well Christmas tree market is expected to grow by USD 307.30 million, accelerating at a CAGR of about 2% during the forecast period. Download Free Sample Report

    Increasing investment in the upstream sector is one of the major factors propelling market growth. However, the rapid spread of COVID-19, resulting in the suspension of industrial activities will hamper market growth.

    More details: Report Page Link

    Global Oil Well Christmas Tree Market: Application Landscape

    Based on the application, the onshore segment will see lucrative growth during the forecast period. The segment is mainly driven by the technological advances in oil and gas E&P activities in onshore platforms. In addition, factors such as increasing investments in oil and gas E&P activities, rising global energy demands, and the recovery of crude oil prices are contributing to the growth of the segment.

    Global Oil Well Christmas Tree Market: Geographic Landscape

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