Last one hour- global Banking news

11.45 PM

Margin compression is coming for Indian banks’ books, but not yet
https://www.livemint.com/market/mark-to-market/margin-compression-is-coming-for-india-s-banks-but-not-yet-11614680879155.html

Assessing goodwill impairment amid COVID-19
https://www.journalofaccountancy.com/news/2021/mar/assessing-goodwill-impairment-amid-coronavirus-pandemic.html

Cevian calls on boards to end ‘ESG box checking’ and set pay targets
European activist investor’s warning comes as sustainable investing rises quickly up the asset manager agenda
https://www.ft.com/esg-investing

Yahoo-Line operator plans acquisitions in quest to be Asian superapp
https://asia.nikkei.com/Business/Business-deals/Yahoo-Line-operator-plans-acquisitions-in-quest-to-be-Asian-superapp

Manitex International, Inc. Will Report Fourth Quarter and Full Year 2020 Financial Results on March 11, 2021
https://finance.yahoo.com/finance/news/manitex-international-inc-report-fourth-172500697.html

Bank of Baroda closes QIP round today
1 min read . Updated: 02 Mar 2021, 10:23 PM IST
https://www.livemint.com/industry/banking/bank-of-baroda-closes-qip-round-today-11614703714881.html

Govt to raise nearly ₹656 cr by selling 16% stake in Ircon International
1 min read . Updated: 02 Mar 2021, 09:15 PM IST
Ravindra N. Sonavane

The issue will be opened on Wednesday for non-retail investors and on Thursday for retail investors
The floor price has fixed at ₹88 a share, 10% discount from its today’s closing.
https://www.livemint.com/companies/news/govt-to-raise-nearly-rs-656-cr-by-selling-16-stake-in-ircon-international-11614699753305.html

Spur H2 profit down 73%, interim dividend payment deferred
2 Mar 2021 / Thando Maeko 7
To preserve cash amid continued uncertainty due to Covid-19

SAA pilots threaten legal action against BRPs

Distell: Quietly winning
Why has Ethereum been outperforming Bitcoin?Brought to you by Revix
Why has Ethereum been outperforming Bitcoin?

More tax incentives to be buried at sunset datesMore tax incentives to be buried at sunset dates2 Mar 2021 / Barbara CursonTreasury should publish an annual cost benefit analysis of all the tax incentives as part of the annual budget.How to invest in stocks exposed to bitcoinHow to invest in stocks exposed to bitcoin2 Mar 2021 /

Ciaran RyanTesla, MicroStrategy and Square are three companies offering indirect exposure to bitcoin, but there are others.Can I borrow against my paid-up home?READER QUESTIONCan I borrow against my paid-up home?2 Mar 2021 / Craig TorrWhile you are able to apply to borrow against your property, there are dangers in doing so….[TOP STORY] Sea Harvest weathers the pandemic, sees annual revenue surge 10%[TOP STORY] Sea Harvest weathers the pandemic, sees annual revenue surge 10%2 Mar 2021 / Simon BrownWe are in food and probably very fortunate that we sell to so many countries around the world: CEO Felix Ratheb.An austerity budget for public servantsAn austerity budget for public servants2 Mar 2021 / Mamokgethi MolopyaneIs the closing of the wage-increase tap about curbing entitlement or quashing reasonable expectations?

Interim results show Cashbuild cashing in on home improvement boomInterim results show Cashbuild cashing in on home improvement boomUPDATE2 Mar 2021 / Suren NaidooGroup declares a half-year dividend on double-digit growth.Despite cash constraints City Lodge opens new Waterfall City hotelDespite cash constraints City Lodge opens new Waterfall City hotel2 Mar 2021 / Suren NaidooGroup reports after-tax loss of R550m for its half-year, as pandemic continues to affect occupancies.Ramaphosa halts hunt for reserve finminRamaphosa halts hunt for reserve finmin2 Mar 2021 / Antony Sguazzin and Loni Prinsloo, BloombergBecause he reportedly couldn’t find a suitable alternative.Designation of locally-produced cement apparently approvedDesignation of locally-produced cement apparently approved2 Mar 2021 / Roy CokayneBut application yet to be formally gazetted, says new industry body.

https://www.moneyweb.co.za/

Last one hour- global Banking news