Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
Karachi: (Monday, August 06, 2012) Rehman Malik, advisor to the Prime Minister on Interior Affairs, said here today that Chief Minister Punjab Shahbaz Sharif is in his office for past four years only because of a legal stay order. Malik, who was talking to the media personnel at Karachi airport, denied having a role in […]
Karachi: (Saturday, July 21, 2012) Rehman Malik, Federal Advisor on Interior Affairs, in view of the deteriorating law and order situation in Karachi, has warned the political and ethnic groups that no one of them should collect Fitrah during the holy month of Ramadan without prior permission from the government. Talking to the journalists after […]
President Zardari takes notice of extortions in Karachi; directs Malik to remove MQM’s reservations Islamabad: (Friday, March 16, 2012) President Asif Ali Zardari today took notice of Muttahida Qaumi Movement’s (MQM) complaints about increasing incidents of extortions in Karachi and directed the Federal Minister for Interior Rehman Malik to visit the metropolis and to address […]
PPP’s failure to end extortions in Karachi; MQM to boycott President’s address to Parliament Karachi: (Friday, March 16, 2012) Muttahida Qaumi Movement (MQM), referring to the government’s failure in ending extortions in Sindh, Particularly Karachi, has announced that it will boycott President Asif Ali Zardari’s address to the joint session of Parliament on Saturday. Expressing […]
Federal Reserve picked the brain of a wise man when they started taking the US banking system seriously. Oh! Or was it the 2008 economic crisis that forced them to think straight? Whatever the case was, the US central bank has taken a serious notice of the US banks and late in 2011, laid out […]
Bank of America BofA cleared the stress test with 5.9% capital ratio. It is not believed to have proposed any additional capital returns after proposed dividend hike was rejected in 2011. Capital One Financial The institute passed stress test with 7.8% capital ratio. Regions Financial The bank passed stress test with 6.6% capital ratio, announced […]
JPMorgan Chase One of the too big to fail, passed stress test with 5.4% capital ratio under stressed scenario, including proposed captal actions through 2013. Increased its dividend 20% to 30 cents per share, from 25 cents, authorized a $15 billion stock buyback. US Bancorp With a margin US Bancorp passed stress test with 5.4% […]
