Feature Abu Dhabi raises $5b from eurobond market after 3-yr hiatus Aya Anwar Apr 24, 2024 0 Abu Dhabi has entered the Eurobond market for the first time since 2021, raising a substantial $5 billion in what…
Feature Abu Dhabi to re-enter eurobond market after 3-yr absence Aya Anwar Apr 23, 2024 0 Abu Dhabi is entering the eurobond market for the first time in roughly three years, a move prompted by diminishing…
Money Swiss c. bank likely to cut rates Aya Anwar Mar 20, 2024 0 A small group of banks anticipate that Switzerland's policymakers will defy predictions and decrease interest…
Feature Zee shares drop 33% after Sony calls off deal Sama Mousa Jan 23, 2024 0 Zee Entertainment Enterprises Ltd. witnessed a drop of 33 per cent after Sony Group Corp. announced the termination…
Banks S. Arabia borrows $12bln in bonds Aya El Sayed Jan 9, 2024 0 Saudi Arabia has raised $12 billion from foreign debt, marking its biggest borrowing since 2017, during a…
International News Citigroup predicts U.S. Fed to soar interest rate in Nov Mennatullah Hamzawy Sep 17, 2023 0 Citigroup expects the U.S. Federal Reserve (the central bank of the United States) to raise its key interest rate…
Banks US banks save up reserves after First Republic Bank rescue Yassmine Elbehnaihy Apr 12, 2023 0 JPMorgan Chase and Co, Wells Fargo & Co, Citigroup Inc and Bank of America are setting $100 million each in Q1…
Money JPMorgan, other U.S. banks flooded with clients post SVB crash Sama Mousa Mar 14, 2023 0 A huge number of customers have applied to shift accounts to large U.S. banks such as JPMorgan Chase &Co. and…
Tech news Citigroup fixes ‘technical issue’ that left accounts frozen Ghada Ismail Jun 25, 2016 0 Citigroup Inc said on Friday it resolved a technical issue that had left customers unable to access their accounts…
Banks Citigroup, U.S. Bancorp exit money-losing Brazil card venture Noha Gad Apr 23, 2016 0 Citigroup Inc and U.S. Bancorp have agreed to sell Brazilian card payment processing joint venture Elavon do Brasil…