SocGen Profit More Than Doubles on Investment Bank
Societe Generale SA, France’s second-largest bank, said second-quarter profit more than doubled, beating…
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Egypt M2 Money Supply Expands 18.4 Pct in Year to End-June
Egypt's M2 money supply rose by 18.4 percent in the year to the end of June, the central bank said on Wednesday.…
Egypt Central Bank Offers US$40 mln at Wednesday’s FX Auction
The Central Bank of Egypt (CBE) has offered its second foreign exchange auction for this week valued at US$ 40…
Egypt’s Central Bank Cuts Its Repo Auction to EGP3 bln Today
Through its ninth repurchase agreements (Repo), Egypt's Central Bank (CBE) has offered today the local banks cash…
Barclays to Raise 5.8 Billion Pounds in Rights Offering
Barclays Plc (BARC), the U.K.’s second-largest bank by assets, said it will raise 5.8 billion pounds ($8.9 billion)…
U.S. Says JP Morgan Manipulated Market; Settlement Seen
The U.S. power regulator outlined its case of market manipulation against JPMorgan Chase & Co on Monday as…
Egypt: Central Bank Raises US$40 mln on FX Auction
The Central Bank of Egypt (CBE) has offered its first foreign exchange auction for this week valued at US$ 40…
Janet Yellen: A Keynesian Woman at The Fed
With Ben Bernanke’s term as chairman of the Federal Reserve up at the end of January, 2014, the speculation about…
JPMorgan Mulls Physical Commodities Exit Amid U.S. Review
JPMorgan Chase & Co is exiting physical commodities trading, the bank said in a surprise statement on Friday,…
Europe’s Safest Bank Shows S&P Fading Role in Funding Debate
Investors are ignoring criticism from Standard & Poor’s that Svenska Handelsbanken AB (SHBA) is too reliant on…