Biden administration moves to assure women’s privacy after Supreme Court overturned right to an abortion. Health-care providers are not in need to disclose private health-care information related to abortion. New guidance details best practices for women seeking to keep private the health data they might share. Biden wants to increase the privacy of abortion patients. … Read more
Bank Alfalah to expand earnings Bank Alfalah Limited’s balance-sheet is geared up to expand earnings in rising interest rate scenario, while higher concentration towards zero-cost deposits will restrict the cost of funds at manageable levels. Moreover, the net interest margins (NIMs) expansion is likely to continue in CY22 due to higher portion of shorter duration … Read more
JS Global Capital: Cascading performance of mid-tier banks and large banks reveals that former set of banks is relatively better placed, owing to higher return on equity (ROE) generation, prevailing since CY18, based on higher deposit growth mix and operational deleveraging; albeit reflecting a divergence in trading multiples with an expanding discount during the same … Read more
