JPMorgan Hires William McLucas To Help In Investigations
JPMorgan Chase & Co. (JPM), the biggest U.S. bank, has hired former U.S. Securities and Exchange Commission…
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Banks
UniCredit, Intesa Sold LSE Stakes To Boost Capital
Italian banks UniCredit and Intesa Sanpaolo said on Wednesday they had sold their combined 11.5 percent stake in…
Oman Arab Bank Rating Upgraded To BBB+; Stable Outlook
Capital Intelligence (CI), the international credit rating agency, announced that it has upgraded Oman Arab Bank's…
Bahrain To Issue $1.25 Bln Bond In June
Bahrain, troubled by ongoing social unrest, is planning to issue a $1.25 billion bond in the second or third week…
World Bank Lowers China Forecast
The World Bank cut its economic growth forecast for China this year to 8.2 percent on Wednesday and urged the…
Heavy Demand On Dollar In Lebanon
Bankers in Lebanon have said some concerned citizens have moved to convert their Lebanese pound accounts to US…
Lebanon’s SGBL To Sell Bank of Gambia
Société Générale de Banques au Liban is eying the sale of Bank of Gambia in a deal that would be worth around $8…
U.K. Inflation Slows On Need For More Stimulus
U.K. inflation slowed more than economists forecast in April, cooling to a level that relieves Bank of England…
Oman To Issue 10-Yr Bonds Soon
The Central Bank of Oman (CBO) announced the new 40th issue of Government development bonds. The size of the new…
KSA’s Banks To Sell Dollar Bonds
Saudi Arabia's banks may follow Banque Saudi Fransi and sell bonds denominated in dollars to better meet the…