Friday, May 24, 2019

Fashion Week Parties: Night 4

All right. Well, take care yourself. I guess that's what you're best, presence old master? A tremor in the Force. The last time felt...

Turkish banks’ ability to extend debt is key in crisis

ANKARA: Investors are watching closely to see whether Turkish banks will maintain access to the foreign funding they need to keep economic activity humming,...

Morgan Stanley unit to pay $10 million fine for violations

New York: Wall Street’s industry funded watchdog fined the US brokerage unit of Morgan Stanley $10 million today for compliance failures in the firm’s...

Bank of England chief Carney backs UK PM May’s Brexit deal

LONDON: Bank of England Governor Mark Carney gave his backing to a Brexit deal struck by British Prime Minister Theresa May, saying the alternative...

IMF urges Kuwait to implement deeper economic reforms

KUWAIT CITY: Kuwait needs to implement deeper reforms to secure adequate savings for future generations despite forecasts of stronger growth in its non-oil economy,...

Bank of America completes Brexit switch to Dublin

DUBLIN: Bank of America finished moving its banking and markets operations in Europe to a new base in Dublin from London, the bank said...

ECB sees scope for further consumption boom

FRANKFURT: Private consumption in the euro zone has further room to grow, likely driving economic expansion even as external headwinds multiply, the European Central...

GCC banks and regulators see new opportunities in mergers

Dubai: Once a taboo in the GCC bank boardrooms, the option of a merger has become more acceptable, thanks to the recent successful mergers...

Fitch upgrades Indonesian state-owned banks

Jakarta: Fitch Ratings has upgraded the Viability Rating (VR) of Indonesian state-owned bank, PT Bank Rakyat Indonesia (Persero) Tbk (BRI), to ‘bbb-‘ from ‘bb+’....

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...

Stay connected

0FansLike
1,299FollowersFollow
11,166SubscribersSubscribe