Global Finance ranks National Bank of Abu Dhabi 35th in the world

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August 27, 2013 by apicomely

Banks from Singapore are the strongest in Asia, as are those from Chile in Latin America. Once again the safest banks in Europe have explicit guarantees from AAA-rated governments. Development banks represent a large contingent of the Top 50. Bank ratings are not yet showing the impact of either the slowdown in emerging economies or the more sustained recovery in developed countries, the report said. Some banking market instability seems to be moving from the West to certain countries in the East, and companies are keeping a close eye on the solidity and reliability of their counterparties worldwide.

Grandson of first finance minister now in home for elderly

The bachelor, who once lived in a 14-bedroom house in Coimbatore, now shares a hall in a Kilpauk home for the elderly with 22 others. “I have seen both extremes of a human being poorest and richest. But I don’t have regrets,” says Jagadheesh, now known as Paul Jagadheesh after he converted to Christianity. Jagadheesh says his family was traditionally wealthy. “My father operated four outlets of Burmah Shell, now known as Bharat Petroleum, in Coimbatore, owned Shanmuga Theatres and financed movies.” So, how did a family member of the man who presented independent India’s first budget end up in a home for the elderly?

Is That Finance Internship Worth It?

Parcells feels strongly that students should take an internship that pays at least minimum wage. He suggests that students examine whether an unpaid position meets the Department of Labors standards for an unpaid internship. Signs of a Worthwhile Internship A paid offer is a good sign, but it isnt enough to guarantee a good internship, says Flore Dorcely-Mohr, assistant director of the internship program at Drew University in Madison, N.J., and a member of the Nationwide Internship Consortium, which provides access to internship listings for students at 18 U.S. colleges and universities.

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