Saudi’s NCBC To Launch 4 Funds This Year
NCB Capital, the investment arm of National Commercial Bank - the Saudi Arabia’s biggest bank by assets - plans to…
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Banks
Foreign Investors Are Wary of Raising Exchange Rates; Bankers
Banking experts demanded that exchange rate shall be determined by supply and demand factors…
Barclays Had Encouraging 2012 Start
Barclays Chief Executive Bob Diamond said the bank has had an "encouraging" start to the year, across key areas…
IDBE’s Retail Increases EGP 58
Industrial Development and Workers Bank of Egypt’s retail portfolio increased by EGP 58 million registering EGP 68…
CaixaBank Becomes Spain’s Biggest Bank After Acquiring Banca Civica
Spain's biggest bank in terms of assets has been created after CaixaBank bought Banca Civica for 977m euros…
Deutsche Bank The Largest In Europe As Leverage Hits Market Valuation
Deutsche Bank AG (DBK), adding assets as other lenders trim their balance sheets, surpassed France’s BNP Paribas SA…
RBS Shares Rise After News of Possible Selling To Abu Dhabi
Shares in Britain's state-owned Royal Bank of Scotland (RBS.L) rose sharply on Tuesday after the news that Britain…
Kuwait’s Ahli United Bank’s 2011 Net Profit Posts KD 31.5 million
Ahli United Bank, Kuwaiti lender, announced net profits amounting to KD 31.5 million for 2011, in addition to…
J.P. Morgan’s Asia-Pacific Head Quits
J.P. Morgan Chase & Co.’s chairman and chief executive officer for the Asia Pacific region, Gaby Abdelnour, is…
U.S. Fed’s Bernanke Affirms Low Rates
The U.S. economy needs to grow more quickly to bring down the unemployment rate further, Federal Reserve Chairman…