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ISLAMIC FINANCE

Saudi Arabia raises US$4.5bil from Islamic bond sale
July 26, 2017

The government received investor offers in excess of 51 billion riyals, more than three times the deal size, according to a statement posted on the Ministry of Finance website. The kingdom sold 12 billion riyals of bonds maturing in 2022, 2.9 billion riyals of seven-year notes and 2.1 billion riyals of 10-year bonds, according to the statement.

The 10-year sukuk was priced at 3.55%, the"...

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IMA Encourages Proactive Issues Resolution, Personal Accountability and Whistleblower Protections in Revised Ethics Guidance
July 18, 2017

IMA® (Institute of Management Accountants) today introduced a revision to its Statement of Ethical Professional Practice (SEPP), designed to help guide the ethical aspects of the business, as well as personal decisions of IMA members and other management accounting professionals. The SEPP, effective July 1, 2017, replaces"...

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Bank of America Reports Second-Quarter 2017 Financial Results 
July 18, 2017

(ME NewsWire)-- Bank of America reported its second-quarter 2017 financial results today. The news release, supplemental filing and investor presentation can be accessed in the following ways: Bank of America newsroom at http://newsroom.bankofamerica.com. Bank of America Investor Relations website at http://investor.bankofamerica.com. Business Wire’s news webpage at http://www.businesswire.com/portal/site/home/news. Investor Conference Call information Bank of America Chief Executive Officer Brian Moynihan and Chief Financial Officer Paul Donofrio will discuss the company’s results in a conference call at 8:30 a.m. ET today. For a listen-only connection to the investor presentation, dial 1.877.200.4456 (U.S.) or 1.785.424.1732 (international). The conference ID is 79795. Please dial......

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