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Money
Asia needs to harmonize monetary and macro-prudential policies: BOK governor
Asian central banks need to harmonize monetary and macro-prudential policies in a bid to better respond to a change…
New, secure banknotes introduced in Oman
The Central Bank of Oman has introduced new, upgraded banknotes of RO5 and RO10…
Deutsche Bank nears deal in Kirch dispute – sources
Deutsche Bank is nearing an agreement to settle a legal dispute with the family of late media mogul Leo Kirch,…
Kuwait central bank chief quits over spending
Kuwait's central bank governor resigned after 25 years in the post on Monday, protesting against a rapid rise in…
Banks in Qatar embrace remote banking services
A new report from the Arab Advisors Group analyzes the remote banking services of the 17 registered commercial…
ANZ to slash 1,000 jobs
Australia & New Zealand Banking Group Ltd. (ANZ Bank) says it will cut around 1,000 permanent jobs in the…
Thomas Storrs, Who Set Stage for Bank of America, Dies at 93
Thomas Storrs, whose determination to expand North Carolina National Bank beyond state borders laid the foundation…
Project Merlin: Bank net lending fell in 2011
Figures from the Bank of England under the Project Merlin deal showed that total net lending from the five main UK…
Greek bailout crisis: EU welcomes austerity vote
The European Commission has welcomed the Greek parliament's decision to approve tough new austerity measures.
Mashreq lends $80m to Gulf Air
Dubai: Mashreq Bahrain and Bahrain's national carrier Gulf Air announced on Sunday the signing of a financial…