TEXT-Fitch:UK FLS Likely To Be Positive For Bank Profitability
The Bank of England's "funding for lending" scheme (FLS) is expected to be tapped more extensively than the…
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Banks
Goldman Sachs Builds Private Bank – WSJ
Goldman Sachs is building an in-house private bank to serve wealthy customers around the world as part of a…
Bahrain’s GFH Restructures $45 Million Debt
Bahrain-based Islamic investment bank Gulf Finance House (GFH) said on Monday it has restructured $45 million in…
Finance House First Half Year Net Profit Tops Dhs51.1m
For the first half-year of 2012, Finance House P.S.C (FH) has registered a net profit of Dhs51.1m compared to…
Bankmuscat H1 Net Up 20pc
BankMuscat, the flagship financial institution in the Sultanate, posted a net profit of RO 68.4 million for the six…
Crédit Agricole Helps Celebrate the Five-Year Anniversary of the 57357
In line with Crédit Agricole Egypt’s commitment to contribute to the community in which it operates, the bank…
Barclays To Quit UAE Rate Panel
British bank Barclays plans to pull out of the rate-setting panel for interbank lending in the United Arab Emirates…
ECB Declines Comment On Bank Bond Losses Report
The European Central Bank declined to comment on Monday on a report its president advocated imposing losses on…
Bank Regulators To Face Tough Questions Over HSBC Money Laundering
Current and former bank regulators are likely to face tough questions by a U.S. Senate panel Tuesday about their…