Banks Credit Suisse to buy back hybrid debt, meeting new rules Administrator Mar 5, 2012 0 Credit Suisse Group AG (CSGN), Switzerland’s second-biggest bank, offered to repurchase 4 billion Swiss francs…
Banks Piraeus Egypt approves EGP 200 m capital lift Administrator Mar 5, 2012 0 Piraeus Bank Egypt has approved increasing its capital by EGP 200 million, through transferring a USD 33 million…
Banks Australia’s ANZ receives currency license in China Administrator Mar 5, 2012 0 Australia and New Zealand Banking Group, the country's fourth-largest bank, said on Monday it had received a…
Banks Barclays’ Diamond to earn £4m bonus Administrator Mar 5, 2012 0 The Chief Executive of Barclays Bank could receive a £4 million payout, which could reignite anger over bankers'…
Banks AfDB invests USD 50m in Carlyle’s fund Administrator Mar 4, 2012 0 The Board of the African Development Bank (AfDB) approved an equity investment of USD 50 million into the Carlyle…
Banks SNB’s findings to be announced Wednesday Administrator Mar 4, 2012 0 The Swiss National Bank (SNB) said it will publish findings from a review of its enlarged governing board on…
Banks U.K. cuts HSBC value by 17% Administrator Mar 4, 2012 0 HSBC Chief Executive Officer Stuart Gulliver said that the bank is undervalued by $28 billion because of…
forex news UAE issues its first gold coin by end of this month Administrator Mar 4, 2012 0 Dubai Multi-Commodities Authority (DMCC) said that the UAE’s first gold coin -which was unveiled last year- will…
Banks RBS ends MidEast equity research tie-up with Dubai’s Rasmala Administrator Mar 4, 2012 0 Royal Bank of Scotland Group Plc, Britain’s biggest state-owned lender, ended an arrangement with Dubai-based…
Banks SME Business Essentials account launched in Standard Chartered Administrator Mar 4, 2012 0 Standard Chartered announced the launch of its SME Business Essentials account which aims to cater to the various…