Weather New York, NY +58°F

Merchant banks

Saudi Arabian Flag

Saudi British Bank MD David Dew says high loan growth in Saudi Arabia can be sustained

In a rare interview with a head of a Saudi bank, SBB MD David Dew said the current high loan rate can be sustained in the Gulf kingdom.

Read Full Article
Euro-Dollar

Europe IPO market booming compared to US

The large volume IPO companies have helped the European IPO boom.

Read Full Article
China

Shanghai free trade zone experiment on finance and economic policy

The Shanghai free trade zone is a testing ground for finance and economic policy in China.

Read Full Article
Morgan Stanley

NCUA files case against Morgan Stanley and 8 others for selling USD 2.4 billion in faulty securities

A US regulator filed a case against Morgan Stanley and eight other lenders for selling faulty securities to two credit unions.

Read Full Article
Wing Hang Bank

Wing Hang Bank may get bids from ANZ, United Overseas Bank - sources

According to sources who told the Wall Street Journal, family-run Wing Hang Bank Ltd may get takeover bids from Australia & New Zealand Banking Group Ltd and United Overseas Bank Ltd of Singapore.

Read Full Article
Barclays

Barclays to close wealth management services

In a bid to reduce complexity and increase profits, Barclays is shutting down its wealth management services in 130 countries.

Read Full Article
Monte dei Paschi

Monte dei Paschi cancels coupon payments

Monte dei Paschi decided to cancel its coupon payments in order to meet EU bank requirements.

Read Full Article
Steelmaker

ThyssenKrupp gets break, obtains extension of credit lines

In a move designed to avoid default, ThyssenKrupp was able to receive an extension of its credit lines from banks before its planned share sale.

Read Full Article
A sculpture showing the Euro currency sign is seen in front of the European Central Bank (ECB) headquarters in Frankfurt February 29, 2012. REUTERS/Alex Domanski

ECB supervision to be operational by January 2014 according to Mersch

Yves Mersch, ECB board member, projected the completion of the staff complement for the regulatory authority by late 2014.

Read Full Article
People's Bank of China

China pushes private banks to raise private capital to avoid government bailout- analysis

A Reuters analysis revealed that Beijing was looking to private capital to strengthen the balance sheets of Chinese banks.

Read Full Article
Muslim Bank

Britain encouraging banks to create sharia compliant instruments

Seeing a possible windfall of money from oil and gas rich investors, Britain is urging banks to create instruments to address the USD2.6 trillion market by 2017.

Read Full Article
Manchester United

Emirates NBD finalizes agreement to sponsor Manchester United

Emirates NBD agreed to a five year sponsorship deal with Manchester United Football Club.

Read Full Article
Gavel

Australia's Bell Group saga ends with a settlement

A settlement was reached between a consortium of banks and liquidators over the current legal dispute over the collapse of the Bell Group of Australia.

Read Full Article
Danske Bank AS

Danske Bank fires its CEO

Eivind Kolding's reign as Danske Bank CEO ended when the bank fired him.

Read Full Article
China bank notes

Chinese authorities pushing banks to comply with Basel III

The Chinese government, amidst calls for a pending crisis due to bad debts, is pushing its banks to shore up its capitalization in compliance with Basel III.

Read Full Article
1 2 3 4 5 6 7 8 9 10  

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics