SocGen Fourth-Quarter Net Drops 89% on Investment Bank Loss
Societe Generale SA, France’s second-largest bank, said fourth-quarter profit fell 89 percent as the investment…
Barclays Starts U.K. Mobile Phones Service to Transfer Money
Barclays Plc, the U.K. bank led by Robert Diamond, today begins a service to enable its 11.9 million checking…
Bank of Sharjah strengthens structure of its balance sheet and enhance its liquidity…
Bank of Sharjah managed to strengthen the structure of its balance sheet and enhance its liquidity position. Total…
Bernanke says recovery slow but small banks climbing back
The weak economic recovery has made it harder for banks to make money from loans but the financial conditions of…
European parliament votes to create safe corridors in Syria
The European Parliament in Strasbourg on Thursday voted with majority to create safe corridors in Syria that would…
Moody’s may downgrade banks, including UBS, Morgan Stanley
Moody's warned on Thursday it may cut the credit ratings of 17 global and 114 European financial institutions in…
Oil Fluctuates Near Five-Week High in New York, Reversing Decline of 0.9%
Oil was little changed in New York, reversing an early loss of 0.9 percent.
One Love: Marley film has Berlin critics crowing
Oscar-winning documentary maker Kevin Macdonald has made what critics are calling the definitive biography of…
Egyptian Stocks Surge to 7-Month High on Mobinil
Egyptian shares soared to the highest level in almost seven months after France Telecom SA (FTE) agreed to…
World Bank boss quits setting up fight for role
World Bank president Robert Zoellick announced that he would step down at the end of June, setting up a possible…
