Banks HSBC Said to Reject Euribor Probe Deal as EU Readies Fine Yomna Yasser Nov 6, 2013 0 HSBC Holdings Plc (HSBA) dropped out of talks to settle a European Union antitrust probe into rigging of Euribor…
Banks Barclays Too Shut Wealth Management Services In 130 Countries Amwal Al Ghad English Sep 26, 2013 0 Barclays Plc will stop offering wealth management services in about 130 countries by 2016 and cut jobs in the unit…
EGX OCI Partners LP Launches Initial Public Offering Yomna Yasser Sep 25, 2013 0 OCI N.V. announced on Tuesday that its subsidiary, OCI Partners LP (the “Partnership”), has commenced an initial…
Banks Barclays Decides to Sell UAE Retail Bank After Review Yomna Yasser Sep 3, 2013 0 Barclays Plc has decided to sell its retail banking operations in the United Arab Emirates after conducting a…
Banks Barclays Considers Potential Sale of UAE Retail Business Yomna Yasser Aug 13, 2013 0 Barclays Plc is conducting a strategic review of its retail banking operations in the United Arab Emirates which…
Banks Barclays to Raise 5.8 Billion Pounds in Rights Offering Yomna Yasser Jul 30, 2013 0 Barclays Plc (BARC), the U.K.’s second-largest bank by assets, said it will raise 5.8 billion pounds ($8.9 billion)…
Banks JPMorgan Mulls Physical Commodities Exit Amid U.S. Review Yomna Yasser Jul 27, 2013 0 JPMorgan Chase & Co is exiting physical commodities trading, the bank said in a surprise statement on Friday,…
Banks Barclays, Credit Suisse, Deutsche Bank Ratings Cut by S&P Yomna Yasser Jul 3, 2013 0 Barclays Plc (BARC), Deutsche Bank AG (DBK) and Credit Suisse Group AG (CSGN) had their credit ratings…
Banks Barclays falls on placement as Europe opens flat Administrator Jun 6, 2013 0 UK lender Barclays was among the top fallers after a share placement as European equities were expected to be…
World U.K. Stocks Rebound From One-Month Low Yomna Yasser Jun 4, 2013 0 U.K. stocks rebounded from a one-month low on Tuesday, with banks in the driver’s seat, after upbeat construction…