ECB eyes review of Deutsche Bank’s main shareholders; Qatar and China: source
Europe's top banking regulator, the European Central Bank (ECB), is considering carrying out a review of Deutsche…
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China central bank told by President Xi to play bigger role in managing financial risk
China's central bank will take on a bigger role in macro-prudential management and in averting systemic risk in the…
EFG Hermes ranks first for frontier market economies coverage in 2017 EMEA
EFG Hermes, the MENA’s financial services corporation major, has ranked first in 2017 institutional investor EMEA…
Gold holdings in Egypt’s foreign reserves hit 46.6 bln pounds in June
Egypt’s gold holdings have surged to $2.6 billion of foreign reserves, almost 46.6 billion Egyptian pounds, at the…
ECB wary of putting end-date on QE: sources tell Reuters
The European Central Bank (ECB) is keen to keep its asset purchases open-ended rather than setting a potentially…
Lebanon finalises EBRD membership after two years of standstill
It took almost two years until Lebanon has finalised its membership of the European Bank for Reconstruction and…
Japan, AfDB launch new initiative to support energy projects in Africa
Japan’s government has signed a Letter of Intent to launch the Japan-Africa Energy Initiative (JAEI) with the…
Egypt’s United Bank in talks with SANAD Fund for dollar loan
Egypt’s state-run United Bank is negotiating a dollar-dominated financing package from SANAD Fund for MSMEs, part…
PwC to conduct Egypt IDWBE bank restructure scheme in 6 months
Egypt’s Industrial Development and Workers Bank (IDWBE) has signed an agreement with U.S. accountancy firm…
HSBC CEO confirms potential ‘hard’ Brexit plan to move 1,000 jobs to Paris
HSBC’s Chief Executive Stuart Gulliver confirmed Tuesday possible plans to move 1,000 jobs from Britain to Paris in…