Banking and Finance
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EU finance ministers thrash out major financial supervision overhaulLUXEMBOURG (AP) — European Union finance ministers sought agreement Tuesday on a major overhaul of their financial system to avoid another banking crisis like the one that has plunged the 27-country bloc into recession. Read More... |
Banking & Finance: $1 billion raised from bonds
BusinessWorld OnlineSTATE-RUN Power Sector Assets and Liabilities Management Corp. (PSALM) has raised $1 billion from the issuance of 10-year global bonds, the proceeds of which will be used to settle part of the $6-billion debt of the National Power Corp. (Napocor).
Banking & Finance: Presidio Bank grows Santa Rosa of?ce
The Santa Rosa Press DemocratPresidio Bank has expanded its North Bay offerings. Once only a loan production office, now the branch is fully equipped to take deposits and serve its corporate clients. “We continue to grow and have no non-performing loans,” said Steve Heitel, president of the San Francisco-based bank.
KFH-Bahrain appoints ITS to provide an integrated "Ethical Banking Solution" to support the Bank's expansion plans
Zawya09 June 2009 Kuwait Finance House - Bahrain Kuwait Finance House - Bahrain ( KFH-Bahrain KFH-Bahrain ), announced today that it has appointed the computer group International Turnkey Systems (ITS) to provide an integrated "Ethical Banking" solution to support the Bank's expansion plans.
Latham and Watkins transfers French banking and finance specialist to Middle East
AME InfoLatham & Watkins is pleased to announce that finance associate Olivier Vermeulen has relocated to the Gulf Region, further strengthening the firm's Middle East capability.
IBQ launches its first retail branch for Al-Yusr Islamic banking
Zawya10 May 2009 IBQ IBQ has officially inaugurated its first Al Yusr Islamic banking branch located on C-Ring Road. An official opening ceremony was held under the patronage of Sheikh Khalifa Bin Jassim Bin Mohammed Al Thani, Chairman, Qatar Chamber of Commerce and Industry.
KFH Automall 'Go Go Go's all the way with new finance deals
AME InfoMr. Khalid Rafea, Executive Manager and Head of Banking Group at Kuwait Finance House - Bahrain (KFH-Bahrain), announced the exciting new launch of the 'Go Go Go, Green Lights all the Way' promotion from KFH Automall.
Senate votes to ban arbitrary credit card rate hikes and certain fees; House approval expected
Minneapolis-St. Paul Star TribuneIt's about time... These credit card companies have been screwing people for way too long. As soon as you turn 18 they send you all these offers. You don't … read more learn anything about finance or credit in high school so your like, yeah, free money sign me up.
Banking system growth may face slowdown: SBP issues 'Quarterly Performance Review'
Business RecorderKARACHI (June 03 2009): The State Bank of Pakistan on Tuesday indicated that the impending economic slowdown and domestic securities issues may dampen the growth of the banking system in the coming months.
Key investment issues, trends and challenges explored at 3rd Saudi International Banking and Investment Conference
AME InfoInvestment companies and experts discussed and debated on vital industry issues, trends and challenges during the 3rd Saudi International Banking & Investment Conference held recently at the Jeddah Hilton in the KSA.
Credit card law has benefits and bugs
KING5 SeattleThe new credit card law is receiving widespread kudos as a victory for cardholders but there are pitfalls and some are likely to hurt consumers.