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Banks
Australia’s ANZ receives currency license in China
Australia and New Zealand Banking Group, the country's fourth-largest bank, said on Monday it had received a…
Barclays’ Diamond to earn £4m bonus
The Chief Executive of Barclays Bank could receive a £4 million payout, which could reignite anger over bankers'…
Bank of Israel expands risk on forex reserves
A senior official said on Sunday that the Bank of Israel is investing about 8 billion shekels ($2.1 billion) of its…
German banks tapped more than half of ECB Tender
More than half of the 800 lenders that borrowed the European Central Bank’s Feb. 29 tender of three- year…
AfDB invests USD 50m in Carlyle’s fund
The Board of the African Development Bank (AfDB) approved an equity investment of USD 50 million into the Carlyle…
SNB’s findings to be announced Wednesday
The Swiss National Bank (SNB) said it will publish findings from a review of its enlarged governing board on…
U.K. cuts HSBC value by 17%
HSBC Chief Executive Officer Stuart Gulliver said that the bank is undervalued by $28 billion because of…
National Bonds Corporation fund posts 23% growth in 2011
The National Bonds Corporation (NBC), a Sharia-compliant savings scheme, has announced that its Mudaraba Fund…
RBS ends MidEast equity research tie-up with Dubai’s Rasmala
Royal Bank of Scotland Group Plc, Britain’s biggest state-owned lender, ended an arrangement with Dubai-based…
Effective participation for NBD in Cooperation with ADIB in 360 HR Conference
As part of the National Bank for Development’s (NBD)in cooperation with Abu Dhabi Islamic Bank (ADIB)deep belief in…