Europe stocks close higher as banks rally ahead of stress tests; earnings weigh
European stocks recovered to end in the black on Friday as investors worked their way through another raft of…
Browsing Tag
European banks
SocGen Resurgent in Gulf as Bank Seeks Growth After Crisis
Societe Generale SA (GLE), France’s second-largest bank, is seeking to boost lending in the Middle East as part of…
Credit Suisse Plans New Asset-Backed Bonus Scheme
Credit Suisse is preparing to offload more risk exposure to staff in its 2012 bonus giveaway but significantly…
NBE In Talks With World Bank, European Banks To Borrow US$ 200 Mln
The National Bank of Egypt (NBE) currently conducts negotiations with the World Bank and European banks to receive…
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…
French Banks Sell Units In Egypt On Eurozone Crisis
As French financial institutions retrench from expansion abroad to face the eurozone crisis, two French banks have…
Turkey Issues New Rules For Lira Reserves Held In Foreign Currency
Turkey’s central bank said banks must hold at least 50 percent of the foreign currency they deposit as reserves for…
French Bank BNP Paribas Hits Capital Goal Early
BNP Paribas, France's biggest listed bank, has hit a target to strengthen its capital base six months early as it…
Deutsche Bank Suspends Two Employees Over Allegations Of Libor Manipulation
Deutsche Bank (DBKGn.DE) has suspended two employees after it used external auditors to check if its staff was…
ECB To Act As EU Unified Banking Supervisor In 2013: Asmussen
The European Central Bank will be able to fully act as Europe's unified banking supervisor only from next year, a…
