SassyD: BUYBACK QUARTERLY — S&P 500 —
http://www.factset.com/websitefiles/PDFs/buyback/buyback_3.17.16
SassyD: A Flood of Cash Is About to Hit Australia’s Bond Markethttp://www.bloomberg.com/news/articles/2016-03-22/-42-billion-seeking-a-home-in-flood-of-aussie-bond-maturities
HArambe: Reuters: U.S. says it’s not deterring foreign banks in Iranhttp://reut.rs/1RkCNka
SassyD: Share Buybacks Turn Toxic –03/21/2016 — (in part) During the November-January period, 378 of the S&P 500 companies bought back their own shares, according to FactSet. Total buybacks in the quarter rose 5.2% from a year ago, to $136.6 billion. Over the trailing 12 months (TTM), buybacks totaled $568.9 billion. —http://www.zerohedge.com/news/2016-03-21/share-buybacks-turn-toxic
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Tishwash: Tehran, March 23, IRNA – Iran and Iraq inked a memorandum of understanding (MoU) in banking sector in Baghdad on Wednesday.
The MoU was inked in a meeting attended by visiting Governor of the Central Bank of Iran (CBI) Valiollah Seif and his Iraqi counterpart Ali Al Alagh in Baghdad.
During the visit, the two sides discussed ways for fostering banking cooperation.
Seif and Al-Alagh also agreed for establishing ‘Iran-Iraq Joint Banking Committee’ aimed at monitoring the proper implementation of the mutual banking agreement.
Two weeks ago, Seif said Iran expects economic growth of more than 5 percent in 2016, after lifting of international sanctions over its nuclear program.
The major oil producer’s economy is still struggling and growth is close to zero but many investors are betting that restoring Iran’s links with the world and attracting foreign capital and technology will trigger a long-term economic boom.
In January, world powers led by the United States and the European Union lifted sanctions on the country.
The subsequent leap in Tehran’s stock market in late January and early February gave a hint of the country’s investment potential.
Iran, Iraq sign banking cooperation accord
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TEHRAN, Mar. 23 (MNA) – Iranian and Iraqi Central Bank governors have signed agreement which will facilitate bilateral cooperation in banking.
Valiollah Seif, Central Bank governor and Mr. Ali Mohsen Ismail signed the accord in Baghdad on Tuesday. They also discussed possible improvements in Tehran-Baghdad central bank ties.
Mr. Seif is visiting Baghdad to discuss several banking issues including local currency accounts in both banks and other types of cooperation to facilitate trade through providing a host of banking services which include but are not limited to Bank guarantees, letters of credit, and other treasury related exchanges. The accord emphasized also upon connection of National Financial Switch (NFS) of both countries to facilitate pilgrims’ use of credit cards in both sides of the borders.
Parties to the accord agreed that a permanent committee, called ‘Iran and Iraq Joint Banking Commission,’ would be established. Currently, two Iranian banks and a single Iraqi bank are active in Baghdad and Tehran, respectively.
http://www.irna.ir/en/News/82010196/?
