Wednesday, June 19, 2019

Emirates NBD offers chance to win a private island

Dubai: A UAE resident stands the chance to win his/her own private island for signing up with a digital-only lifestyle bank and earning loyalty...

Citigroup profit beats on investment banking boost

London: Citigroup Inc reported a better-than-expected quarterly profit, boosted by a surge in investment banking revenue and lower expenses. Investment banking revenue rose 20...

ADB boosts efforts for good governance, transparency

ISLAMABAD: The Asian Development Bank (ADB) is intensifying ongoing efforts to promote good governance among its developing member countries (DMCs), according to the Office...

Facebook adds user-control feature for News Feed

SAN FRANCISCO: Facebook has introduced a new feature titled "Why am I seeing this post" to help users understand and control the kind of...

Deutsche Bank merger puts 10,000 Frankfurt jobs at risk

LONDON: London’s Brexit exodus was supposed to boost the number of finance jobs in Frankfurt. Now, a potential merger between Deutsche Bank AG and...

Bank of Japan gloomier on economy but maintains policy

TOKYO: The Bank of Japan issued a more downbeat assessment of the world's third biggest economy Friday, as a broader global slowdown impacts exports...

Barclays profits slip as bank sets aside £150m for Brexit

LONDON: Profits missed estimates at Barclays last year, the bank revealed, as it set aside £150m for Brexit and paid out billions of pounds...

India central bank surprises with a rate cut

MUMBAI: India's central bank unexpectedly lowered interest rates and, as anticipated, shifted its stance to "neutral" from "calibrated tightening" to boost a slowing economy...

Two suspects charged with bank hacking

NAIROBI: Two of the 130 suspects in connection with electronic fraud by hacking into commercial bank systems have been charged over loss of over...

ICICI Bank must answer for CEO scandal

NEW DELHI: India’s ICICI Bank Ltd. is seeking to claw back bonuses and stock options paid to departed Chief Executive Officer Chanda Kochhar. That...

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