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Banks
US banks get back $171 m on foreclosure-prevention incentive
The U.S. government is handing back it had withheld from Bank of America Corp. and J.P. Morgan Chase & Co.…
ECB: overnight deposits register a record
The Frankfurt-based European Central Bank said overnight deposits rose to a record after its second allocation…
Barclays takes €8.2 billion from ECB
Barclays Plc tapped the European Central Bank (ECB) for €8.2 billion ($10.8 billion) of cheap funding this week,…
Deutsche Bank rejects Kirch settlement
Deutsche Bank has rejected a proposal to settle a lawsuit with the family of deceased media mogul Leo Kirch out of…
NBAD increases Dh170m in income fund
National Bank of Abu Dhabi, or NBAD, Cautious Fixed Income Fund, an open ended instrument has raised Dh170 million…
Bank of America to apply reform impacting millions of customers
Bank of America Corp. is working on sweeping changes that would require many users of basic checking accounts…
Ministry of Finance offers today EGP 7 billion treasury bills
Ministry of Finance has offered 182-and-364-days treasury bills in a bid with value of EGP 7 billion. On its…
Abu Dhabi National Takaful registers over 16% increase in 2011 net profit
Abu Dhabi National Takaful Company P.S.C ("Takaful"), posted a net profit for the year ended 31 December 2011 of…
HSBC opens new branch in Jafza, Dubai free zone
HSBC today announced that it has opened a new 1,600 square foot Customer Service Unit - a dedicated automated…
Misr Insurance won Qanater Assiut bid
Misr Insurance won the bid for Qanater Assiut project after fierce competition. The insurance policy covers all…
