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Money
Global Payments Dropped by Visa As 1.5 million Card Numbers Stolen
Visa Inc (V.N) has dropped payment processor Global Payments Inc (GPN.N) from its list of approved service…
Goldman Sachs Launches $3 Bln Property Debt Fund
In a move to take advantage of a growing shortage of real estate financing across the UK and Europe, a private…
Canada Banks May Tap Wealth Funds
Facing higher capital requirements to meet requirements under the Basel III capital rules for global lenders,…
NBAD’s Sarkar To Retrun To Emirates NBD As Retail Head
Suvo Sarkar, a veteran regional banker, will return to Emirates NBD as head of its retail group after leaving…
UAE’s FNC Calls For Standardizing Sharia Banking Systems
As the different Sharia systems followed by Islamic banks in the United Arab Emirates have left many customers…
CIB Studies Loan Offered To Egyptian Refining Company
Commercial International Bank (CIB) studies participating in letters of credit (LC) and letters of guarantee (LG)…
Hugo Baenziger Likely To Be Board Member at Swiss National Bank
Deutsche Bank's outgoing chief risk officer Hugo Baenziger is the favorite to become the third board member of the…
MOF Offers EGP 150 mln in T-Bills And Bonds
Ministry of Finance plans to offer treasury bills with four maturity categories; namely 91-day, 182-day, 273-day…
Visa and Marvel Comics Launch Financial Literacy Comic Book in Egypt
Visa and Marvel Comics recently launched a 16-page comic book to help elementary school children learn the value of…
Jordan Islamic Bank’s Achieves USD 55.99 mln Profits In 2011
Jordan Islamic bank (JIB), one of the subsidiary banking units of Al Baraka Banking Group, achieved net profits…