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Banks
Visa Outperformed JPMorgan As Cards Wage War On Cash
Visa Inc. (V) and MasterCard Inc. (MA), the biggest bank-card networks, produced better risk-adjusted returns than…
EU To Form “Banking Union” On Debt Crisis
The European Union should seek to create a ‘banking union' in which lenders face tough, common rules allowing them…
Oman International Bank To Elect HSBC Oman’s Board On Thursday
Oman International Bank (OIB) will conduct an ordinary general meeting of shareholders on May 31 to elect a new…
Euro Zone Banks In Need For A Robust Shield
As the euro zone ponders a possible Greek exit, policymakers have not yet built a shield robust enough to prevent a…
El Baradei Settles His Brother’s Debts of EGP10 Million To EDBE, United Bank
Minister of Housing, Mohamed Fathy El Baradei has signed debt settlement agreements with Export Development Bank of…
Farouk El Okdah Left For London, No Reason Declared
Dr. Farouk El Okdah, governor of Central Bank of Egypt (CBE), left for London, while Adel Abdel Hamid, minister of…
Top Greek Banks Received €18 Bln Support
Greece handed 18 billion euros (14.39 billion pounds) to its four biggest banks on Monday, the finance ministry…
S. Korean Banks’ Lending Retreated In April
South Korean banks' lending rate declined last month as market rates fell amid growing appetite for risk aversion,…
Spain’s Banks In No Need For International Bailout: Mariano Rajoy
Spain's prime minister has insisted his country will not need an international rescue for its banks as investors…
Financing SMEs Is A Must: Al Khaliji’s Hamad Bin Faisal
Lending institutions in the Middle East have been rather reluctant in extending loans to small and medium…