-Generali PH to Close Down a Part of Its Insurance Business in 2013
Global Banking News-December 27, 2012--Generali PH to close down a part of its insurance business in 2013(C)2012 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 27 December 2012...
View Article-Banks to Offer Loans to Serbian Gas Company
Global Banking News-December 27, 2012--Banks to offer loans to Serbian gas company(C)2012 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 27 December 2012 Srbijagas JP, a gas monopoly...
View Article-Banking Community Sees Signs of Improvement in US
Global Banking News-December 27, 2012--Banking community sees signs of improvement in US(C)2012 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 27 December 2012 The Federal Deposit...
View Article-Economic Slump Pushing Investment Banks out of India
Global Banking News-December 27, 2012--Economic slump pushing investment banks out of India(C)2012 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 27 December 2012 The continued...
View ArticleRajaratnam Agrees to Pay $1.5 Million Disgorgement in SEC Case
NEW YORK (Reuters) - U.S. hedge fund managerhas agreed to pay disgorgement of about $1.5 million in a civil lawsuit filed by the Securities and Exchange Commission, and to waive his right to appeal the...
View ArticleChesapeake, McClendon Endure Rocky Year; More Uncertainty Ahead
OKLAHOMA CITY, Oklahoma (Reuters) - The stock price of his energy company is down nearly 30 percent. The board stripped him of his chairmanship amid scandal. Today, his estimated billion-dollar...
View ArticlePorsche Wins Dismissal of U.S. Hedge Funds' VW Lawsuit
NEW YORK (Reuters) - Porsche Automobil Holding SE on Thursday [Dec. 27] won the dismissal of a New York lawsuit by 26 hedge funds that accused the German automaker of causing more than $1 billion of...
View ArticleRBS Wins Dismissal of Woori Bank CDO Lawsuit
NEW YORK (Reuters) - Royal Bank of Scotland Group Plc on Thursday [Dec. 27] won the dismissal of a lawsuit by South Korea's Woori Bank over losses from mortgage-related investments, in a case between...
View ArticleShanghai Futures Exchange to Open to Foreign Players
SHANGHAI (Reuters) - The Shanghai Futures Exchange will open up to foreign institutions and develop options and other derivative contracts under a plan to become a leading Asia-Pacific bourse over the...
View ArticleUnited Arab Bank Obtains a Landmark Club Loan Facility
United Arab Bank has obtained a club loan facility of $125 million in a landmark deal for the bank. Commerzbank acted as the Co-ordination and Facility Agent as well as a Mandated Lead Arranger. Other...
View ArticleSaudi Telecom Sector Growth Focused on Broadband and Corporate Segments
In its latest report analysing the Saudi telecom sector, NCB Capital notes that growth in the sector is mainly focused on the broadband and corporate segments. While pricing competition remains high...
View ArticleCommercial Bank of Qatar Eyes Turkey's Alternatifbank
In a filing to the Instanbul Stock Exchange, Anadolu Group, Alternatifbank's owner, revealed it was in talks with Commercial Bank of Qatar (CBQ) over the sale of a majority stake (around 77.7 per cent)...
View ArticleRAM Ratings Reaffirms Ratings of Poh Kong's Islamic Debt Issue
RAM Ratings has reaffirmed the respective long- and short-term ratings of Poh Kong Holdings Berhad's (Poh Kong) MYR 150 million Danajamin-Guaranteed Islamic Commercial Papers/Islamic Medium-Term Notes...
View Article-Philippine Central Bank to Strengthen Banking System
Global Banking News-December 28, 2012--Philippine central bank to strengthen banking system(C)2012 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 28 December 2012 The central bank of...
View Article-Huaneng Power Starts Phase I Construction Project of Huaneng Changtu Taiping...
International Resource News-December 28, 2012--Huaneng Power starts phase I construction project of Huaneng Changtu Taiping Wind Farm(C)1994-2012 ENPublishing - httpwww.enpublishing.co.uk International...
View Article-EPM Mining Ventures Starts Trading on OTCQX
International Resource News-December 28, 2012--EPM Mining Ventures starts trading on OTCQX(C)1994-2012 ENPublishing - httpwww.enpublishing.co.uk International Resource News - 28 December 2012 EPM...
View ArticleMixed Trading Picture Colors a Grey Day in the Market
Byline: James Ramage Traders took a varied view of the municipal market Thursday. While some secondary market traders reported seeing a decent amount of activity in the intermediate part of the muni...
View ArticleInitial Jobless Claims Fall 12,000 to 350,000 in Week Ended Dec. 22
Byline: Gary Siegel Initial jobless claims fell 12,000 to 350,000 in the week ended December 22, the Labor Department said Thursday. Claims for the week ended December 15 were revised up to 362,000...
View ArticleMilwaukee ISM Index Rises to 52.2 in December
Byline: Gary Siegel The seasonally adjusted Milwaukee Report on Business climbed to 52.2 in December from 45.3 in November, the Institute for Supply Management-Milwaukee reported Thursday. New orders...
View ArticleS&P Lowers Ratings of Three Egyptian Banks to 'B-/C'; Outlook Negative
Standard & Poor's Ratings Services has lowered its long- and short-term counterparty credit ratings on the National Bank of Egypt (NBE), Banque Misr (BM), and Commercial International Bank (Egypt)...
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