Banks Emirates NBD issues offshore Renminbi ‘CNY’ 750m Fixed Rate Notes Administrator Mar 7, 2012 0 Emirates NBD has successfully completed the inaugural issuance of offshore Renminbi 'CNY' 750 million Fixed Rate…
Banks HSBC Sells Insurance Units for $914m Administrator Mar 7, 2012 0 HSBC Holdings Plc (HSBA), Europe’s largest bank by market value, agreed to sell some of its general insurance units…
Banks U.K. cuts HSBC value by 17% Administrator Mar 4, 2012 0 HSBC Chief Executive Officer Stuart Gulliver said that the bank is undervalued by $28 billion because of…
Banks Al-Futtaim borrows EGP 2 billion from 5 banks next April Administrator Mar 4, 2012 0 Al-Futtaim Group will borrow EGP 2 billion from 5 banks, the most important of which is the loan-arranger HSBC,…
Banks HSBC downsizing banking operations in MidEast Administrator Feb 29, 2012 0 HSBC is scaling down its private banking operations in the Middle East, two sources told Reuters, and HSBC said its…
forex news U.S gold and copper futures hitted by oil prices and European fears Administrator Feb 27, 2012 0 (Reuters) - U.S. gold and copper futures weakened at the start of the trading week on Monday, pressured by…
Banks HSBC to focus more on Asia after achieving $22 billion profit in 2011 Administrator Feb 27, 2012 0 HSBC Holdings Plc (HSBA) posted a $21.9 billion profit for 2011, the best outturn by a western bank so far, Reuters…
Arab European Stocks’ Slump Administrator Feb 16, 2012 0 European stocks dipped Thursday as investors still wait for Greece to secure a second bailout, and the prospect of…
Banks HSBC receives Euromoney award as the best international Islamic bank in the third world… Administrator Feb 14, 2012 0 The international administration of Islamic banking at HSBC Amanah wins Euromoney Award for being the best…
Banks Project Merlin: Bank net lending fell in 2011 Administrator Feb 14, 2012 0 Figures from the Bank of England under the Project Merlin deal showed that total net lending from the five main UK…