Barclays Says $470 Million FERC Penalty Won’t Stand In Court
Barclays Plc (BARC) said the U.S. Federal Energy Regulatory Commission’s record $470 million in proposed penalties…
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Banks
Jpmorgan Muni Bond Rigging Accord Wins Final U.S. Court Approval
JPMorgan Chase & Co. (JPM) won a judge’s final approval of a $44.6 million settlement of a class-action lawsuit…
Lebanese Banks Still View Syria As Important Market
Lebanese banks can reap huge benefits from the Syrian market once a political settlement is reached in the war torn…
Deutsche Bank’s Legal Woes Deepen As Overhaul Hits Profit
Deutsche Bank AG (DBK)’s announcement yesterday that earnings will suffer this quarter added to a cacophony of…
Arab Bank For Economic Development Lends Mauritius, Zambia US$ 17.40 Mln
Arab Bank for Economic Development in Africa will sign two agreements next Monday to lend Mauritius and Zambia US$…
HMV Warns It May Breach Bank Agreements
HMV has warned of a "probable" breach of its current banking agreements next month, as continuing tough trading…
Bankdhofar Ready To Launch Islamic Banking Services
BankDhofar is ready to launch 'Maisarah' Islamic Banking Services subject to the Central Bank of Oman (CBO)…
Governor Of Qatar Central Bank To Steer Chairmanship Of The IFSB For 2013
The Council of the Islamic Financial Services Board (IFSB) today resolved to appoint its Chairman and Deputy…
QNB Group enters into a definitive agreement to acquire Société Générale’s stake in NSGB –…
QNB Group, the largest financial institution in the State of Qatar and the MENA region, announced that it has…
HSBC Blasted For ‘Stunning Failures Over Oversight’
The US said "dangerous practices" at HSBC allowed the bank to pass money to "drug kingpins and rogue nations", as…