betekenis van het woord BOA

Bank of Cyprus CEO Harde Schijven Gewist

As the investigation into unusual loan write-downs and the 'premature' movement of capital away from Cyprus by the elites of that nation progresses, Cyprus Mail reports that the investigators - Alvarez and Marsal (A&M) - have found that the information provided by Bank of Cyprus (BoC) was incomplete and data deleting software were found on the computers of two senior executives. "Our computer forensic technologists have found that the computers of two employees, (former CEO) Mr. (Andreas) Eliades and (senior manager group treasury and private banking) Christakis Patsalides, have had wiping software loaded, which is not part of the standard software installations at the BoC." Investigators found no e-mail files, mailboxes or user documents on Eliades’ desktop computer - "we had significant gaps in the e-mail data received from BoC for the period 2007 to 2010, a key period for our scope of investigation," and no email backups were performed. A&M is looking into how BoC accumulated €2.4bn worth of Greek government bonds (GGBs), later suffering huge losses because of that, and into BoC’s expansion to Romania and Russia. We are sure this is all above BOArd and normal IT protocol for the bank... or not.

Deletion of data allegedly took place on computers belonging to senior Bank of Cyprus (BoC) executives, according to the leaked findings of a probe into the circumstances that forced the island’s biggest lenders to seek state assistance.

VS: De bom die niemand wil laten vallen

Pressure is starting to build on both sides of the political aisle to avert the massive, $1.2 trillion across-the-BOArd cuts set to kick in starting March 1 as a result of the looming sequester. 

Pressure is starting to build on both sides of the political aisle to avert the massive, $1.2 trillion across-the-BOArd cuts set to kick in starting March 1 as a result of the looming sequester. 

In his September 2012 book, The Price of Politics, Washington Post reporter Bob Woodward provided the most comprehensive, behind-the-scenes look at how the very people trying to stop it now are the same ones who proposed the idea and signed it into law in the summer of 2011.

According to Woodward, the idea started with the White House and President Barack Obama. Republicans voted in majorities for the bill containing sequestration. Both sides are now blaming one another for letting it potentially happen.

Record: Argentinië krijgt als eerste land ooit censuur status van IMF vanwege CPI gegevens

The IMF Executive BOArd found that Argentina's efforts to meet its demands for better GDP and inflation data have "not been sufficient. As a result, the Fund has issued a declaration of censure against Argentina."

The censure decision opened the way to Argentina possibly losing its voting rights at the IMF, or even losing it membership, AFP reported.

Zilver gaat weer glanzen

Actieve grondstofbeleggers mogen weer in hun handen wrijven. De weekgrafiek van Zilver verbetert aanzienlijk deze week, zodat ik een nieuwe koopconditie kan afgeven. Met deze voortgang verschijnt volgende week ook een UP signaal in mijn CN DashBOArd. Ik zal aan de hand van de weekgrafiek toelichten wat de positieve ontwikkelingen zijn en tevens het meest waarschijnlijke scenario beschrijven. U wilt immers weten wat het stijgingspotentieel is, nietwaar?

Amerikaanse banken moeten fors meer voorzieningen treffen in verband met slechte leningen

The US accounting standards setter has unveiled tough new rules that will increase the amount of money banks have to set aside to cover soured loans and bonds. The proposed rules from the US Financial Accounting Standards BOArd are likely to prove controversial among bankers, as well as FASB’s counterparts at the International Accounting Standards BOArd. FASB has yet to undertake an official study estimating the impact of the proposed rules, but its chairman, Leslie Seidman, said on Thursday that feedback from financial institutions indicated banks might have to increase their loan loss reserves by 50 per cent. The BOArd will further examine the impact of the rules as it collects industry reaction, which is expected to continue into next year.