Turkey to reconsider rate hike
Turkey is reconsidering an interest rate hike, just two months after ending its tightening cycle amid strong demand…
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Deutsche Bank AG
Turkish inflation rise puts central bank resolve to test
Monthly inflation in Turkey surged to its highest since August of last year, which may put the central bank's…
China banks could face $350bln losses from property crisis
China’s banks face mortgage losses of $350 billion due to lack of confidence in the nation’s property market and…
JPMorgan ends WaMu disputes with FDIC, to receive $645 million
JPMorgan Chase & Co (JPM.N) on Friday said it will receive $645 million in a settlement of litigation with the…
Switzerland probes 7 banks over precious metals trading
Competition authorities in Switzerland announced Monday that they are investigating seven big banks over the…
Deutsche Bank probes $6 billion Suspected Money Laundering: Source
Deutsche Bank AG (DBKGn.DE) is looking into possible money laundering transactions by some of its clients in Russia…
Australia Raises A$5.7 Billion Selling Medibank in IPO
Australia raised A$5.68 billion ($4.9 billion) selling shares of Medibank Private Ltd. in the country’s…
Barclays to Raise 5.8 Billion Pounds in Rights Offering
Barclays Plc (BARC), the U.K.’s second-largest bank by assets, said it will raise 5.8 billion pounds ($8.9 billion)…
JP Morgan Group Delegation To Visit Egypt Today To Discuss Sukuks
Dr. Ahmed El Naggar, Adviser to Egypt’s Minister of Finance and responsible for Sukuk draft file, announced that US…
Deutsche Bank’s Legal Woes Deepen As Overhaul Hits Profit
Deutsche Bank AG (DBK)’s announcement yesterday that earnings will suffer this quarter added to a cacophony of…
