Subscribe to RSSBarclays to pay £2bn in bonuses
Barclays is preparing to pay bonuses to its staff of more than 2bn, the BBC has learned.But the bank, which did not take any direct state help during the financial...
India not backing on convertibility roadmap-Cbank
MUMBAI, Feb 13 – India’s central bank governor said on Saturday the bank was not backing away from the capital account convertibility roadmap but would...
No change in central bank rate view – RBNZs Bollard
WELLINGTON, Feb 8 – New Zealand’s central bank governor said the worse-than-expected unemployment data last week has not altered the bank’s view...
Leumi appointment panel OKs Maor as director-report
JERUSALEM, Jan 31 – The appointments committee of Bank Leumi, Israel’s largest bank, has recommended making Chief Executive Officer Galia Maor a director...
Argentina’s top banker resigns
Argentina’s central bank chief Martin Redrado has resigned following a bitter public row with President Cristina Fernandez de Kirchner.Mr Redrado said he could...
Administrator to Kaupthing UK mulls asset sale
LONDON, Jan 24 – The administrator to Kaupthing Singer&Friedlander , the British division of Kaupthing, the Icelandic bank that collapsed in 2008, is...
$GRAN Bank of Granite expects $3.5 million loss
Bank of Granite expects to report a quarterly loss of at least $3.5 million for the third quarter, the bank says in a securities filing. The bank filed notice this...
Alnair increases Kazakh Kazkommertsbank stake
ALMATY, Dec 21 – Kazakh lender Kazkommertsbank said on Monday: * Alnair Capital Holding would purchase additional shares in the bank * Alnair will effectively...
NYQ:BAC:Montag Pays $4.88 Million in Bank of America Offering
Bank of America Corp. (NYQ:BAC) investment banking head Tom Montag bought $4.88 million worth of so-called common equivalent securities as the bank raised cash to...
Fed officials say timing exit difficult
By Pedro Nicolaci da Costa and Kristina Cooke CHARLOTTE, N.C./NEW YORK, Dec 2 – Federal Reserve officials sounded a relatively upbeat note on the U.S. economy...
Bank of Japan ‘open to options’
Bank of Japan board member Miyako Suda has said the bank will not rule out any policy options to adopt an effective monetary policy.Mr Suda was speaking a day after...
Kuwaits CBK posts $5.6 mln Q3 loss on provisions
KUWAIT, Nov 15 – Commercial Bank of Kuwait reported a third quarter net loss of 1.6 million dinars on Sunday on provisions against bad loans and investments....
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