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-Central Bank of Zimbabwe Criticises Move by Government to Force Foreign...

Global Banking News-February 1, 2013--Central bank of Zimbabwe criticises move by government to force foreign banks to cede ownership(C)2013 ENPublishing - httpwww.enpublishing.co.uk Global Banking...

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-Russian Central Bank Rejects Government Intervention

Global Banking News-February 1, 2013--Russian central bank rejects government intervention(C)2013 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 01 February 2013 The central bank of...

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-Taiwan Could Get a New Central Bank Chief

Global Banking News-February 1, 2013--Taiwan could get a new central bank chief(C)2013 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 01 February 2013 According to Reuters, Taiwan...

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-Banks Slowing Down Repayment to ECB

Global Banking News-February 1, 2013--Banks slowing down repayment to ECB(C)2013 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 01 February 2013 Figures show that commercial banks are...

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Legg Mason: Permal Deal May Be Model for Other Units

EDITOR'S NOTE: This story has been corrected in the 12th paragraph to state that Legg, not Permal, will receive greater revenue share.BALTIMORE (Reuters) - sees a new revenue-sharing agreement with its...

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How the West Won

Byline: Graeme Anderson Feb 03, 2013 (AFR Smart Investor - ABIX via COMTEX) -- Wesfarmers is Australia's seventh-biggest domestically-domiciled listed company in terms of capitalisation. The...

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Seven Deadly Schemes

Byline: Zoe Fielding Feb 03, 2013 (AFR Smart Investor - ABIX via COMTEX) -- Australians need to beware of scams intended to con them out of investment money. The competition regulator estimates that...

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The Patient Investor

Byline: Patrick Commins Feb 03, 2013 (AFR Smart Investor - ABIX via COMTEX) -- Senior investment manager Katie Hudson says Goldman Sachs Australia is a style neutral, fundamental long-term investor....

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Qatar Islamic Bank (QIB) Signs QAR 800 Million Financing with NBK Holding

The signing ceremony for the financing took place at NBK Holding's headquarters and was attended by His Excellency Sheikh Nawaf Nasser Bin Khaled Al Thani, Chairman and CEO of NBK Holding, and Mr Ahmad...

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NASDAQ Dubai Issues Consultation Paper on Settlement Exclusions

The consultation paper summarises proposed changes to the existing NASDAQ Dubai Business Rules for Equities and NASDAQ Dubai Business Rules for Derivatives, Exchange Traded Commodities, Debt...

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Mashreq Reports 2012 Net Profit Up by 60 per Cent to AED 1.3 Billion

Mashreq's Total Operating Income for 2012 was AED 4.1 billion, representing a 5.5 per cent increase relative to 2011, while Q4 2012 Operating Income increased by 10.1 per cent on a QoQ basis to reach...

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ICIEC, NEXIM Agreements to Support Nigerian Exports

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), member of Islamic Development Bank Group and Nigerian Export - Import Bank (NEXIM), signed a cooperation framework...

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Bahrain's Low Cost Business Environment

A new report from KPMG concludes that Bahrain has one of the lowest costs of doing business in the GCC region, with the average employment cost of hiring an employee in Bahrain, incorporating...

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Warba Bank Inaugurates New Branch in Farwaniya

Opening brings nation-wide network to five full-service branches Opening marked attendance by high profile delegates, including the honorable Deputy Prime Minister of Kuwait, and honorable Minister of...

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Sheikh Mohammed Orders Another Mall

Nakheel will begin construction of its AED2.5 billion Nakheel Mall in the Palm Jumeirah this year following orders from His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice-President and Prime...

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Market Close: Munis Extend Steady Trading into Friday

Byline: Taylor Riggs The tax-exempt market ended the week on a steady note Friday with yields closing mostly flat across the board. Traders said Friday's session opened up stronger, but pared gains on...

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Glendale, Ariz., Still without Buyer for Coyotes Hockey Team

Byline: Richard Williamson DALLAS - Bonds for the city of Glendale, Ariz.'s $230 million Jobing.com arena appear to be holding their value, despite the city's latest failure to secure the future of the...

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SEC OK's Internet-Based Muni Road Shows for Retail Investors

Byline: Jonathan Hemmerdinger The Securities and Exchange Commission's municipal bond office has sent a so called "no-action" letter to NetRoadshow Inc., paving the way for it and its underwriter...

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Feisty Mayor Koch Recalled Fondly

Byline: Paul Burton Public finance officials and municipal bond analysts recalled Ed Koch as a passionate mayor who helped New York City emerge from the fiscal abyss. Koch, a three-term mayor from 1977...

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Moody's Downgraded Record $311B of Debt in 2012

Byline: Jennifer DePaul Moody's Investors Service downgraded a record $311 billion of public finance debt in 2012, surpassing the previous 2009 record of $256 billion, a negative trend that the rating...

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