HALISTER1: U.K. June Industrial and Manufacturing Production Due in 5 Mins

U.K. June Industrial and Manufacturing Production Due in 5 Mins

(Bloomberg) -- U.K. June industrial production m/m est. 0.1% vs prev -0.5%.
  • U.K. June industrial production y/y est 1.6% vs prev 1.4%
  • U.K. June manufacturing production m/m est. -0.2% vs prev -0.5%
  • U.K. June manufacturing production y/y est. 1.3% vs prev 1.7%
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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HALISTER1: Rizal Bank’s Regulatory Fine Large But Manageable, Fitch Says

Rizal Bank’s Regulatory Fine Large But Manageable, Fitch Says

(Bloomberg) -- Penalty of $21.3m related to money-laundering case this yr “unlikely on its own to materially weaken bank’s medium-term financial profile,” Fitch Ratings says in e-mailed statement.
  • Fine imposed by Philippine central bank may be significant relative to Rizal Bank’s net income; lender expected to remain profitable in 2016
  • Charge doesn’t significantly weaken medium-term profitability, existing capital, funding, liquidity
  • Rizal Bank seen to continue to strengthen operational policies, controls
  • Philippines Slaps $21.3 Million Fine on Rizal Bank for Heist Link
  • NOTE: Rizal Bank shares unchanged Tuesday after 1.2% decline Monday
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

Tickers
RCB PM (Rizal Commercial Banking Corp)

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