National Bank of Oman Q1 Profit Rises 24%
National Bank of Oman (NBO) achieved a net profit of RO 9.6 million for the three months ended March 31, 2012, a 24…
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Banks
Barclays & Credit Suisse Chiefs Face Pay Package Criticism
More than a quarter of Barclays shareholders look set to vote against the British bank's controversial pay play for…
Deutsche Bank Profit Drops To US$1.85 Bln
Deutsche Bank’s net profit retreated to €1.4 billion ($1.85 billion) in the first quarter amid Europe's debt…
Bank of China Q1 Growth Slows
Bank of China (601988.SS), the country's No.3 lender by market value, posted on Thursday a near 10 percent rise in…
HSBC Cuts 2,200 UK Jobs
HSBC has confirmed that it is to cut more than 2,200 jobs in the UK as part of its global cost-cutting plans.More…
Lebanon’s BLOM Bank Q1 Profit Rises 2.5%
Lebanese lender BLOM Bank’s net profits in the first quarter of 2012 surged by 2.5 percent to $84.12 million…
Bahrain Islamic Bank Q1 Profit Registers BD 543, 000
Bahrain Islamic Bank’s board of directors has approved the Financial Statements for the period ended on 31 March…
Emirates NBD Q1 Income Falls 55%
Emirates NBD PJSC (EMIRATES), the United Arab Emirates’ biggest bank, said net income fell 55 percent in the…
UBE And SFD To Sign EGP 75 Mln Contracts
United Bank intends to sign three finance contracts with Social Fund for Development (SFD) with value of EGP 75…
BRICS Bank To Launch In S.Africa By 2013
A joint development bank planned by the BRICS group of major emerging economies will be officially launched in…
