Recently added articles from The Banker:
EU must play fair with its newcomers.(European Union)(Brief article)
Jun 01, 2009 ... EU membership has brought undoubted benefits for the central and eastern European (CEE) countries that joined in 2004 and 2007. Foreign direct investment and job creation surged, helping to make convergence a reality. Western European banks have bought subsidiaries in many CEE states, ...
Balancing bailout liability.(Column)
Jun 01, 2009; ... Byline: Roel Theissen and Alan Houmann There is a good deal of support for Jacques de Larosiere's February 2009 report on how to repair' the EU's financial supervisory and regulatory structures, balancing just enough centralisation with national safeguards to get widespread ...
Local banks should fill the finance gap.
Jun 01, 2009 ... There can be no avoiding the fact that for all markets and companies - FMO included - 2009 will be a challenging year given the unprecedented events in credit markets and economies throughout 2008. Emerging markets have suffered as Western commercial banks and other investors ...
Banks look to repay government funds.
Jun 01, 2009 ... Signs that the economic gloom could finally be lifting emerged last month as financial stocks staged a minor recovery and some of the world's biggest banks hinted they wanted to repay government money. Financial stocks in the S&P 500 had risen 11% in the month to date, as The ...
SWFs' 25% loss from FI bets.(sovereign wealth funds )(Brief article)
Jun 01, 2009 ... The world's sovereign wealth funds (SWFs) have been hit hard by the global financial crisis, soaking up losses of an estimated 25% in 2008, according to a report issued last month. Most of the pain was felt in the financial sector, after a calamitous year for banks. The report ...
Mitsubishi UFJ Financial Group.(net profit)(Brief article)
Jun 01, 2009 ... Mitsubishi UFJ Financial Group said it expected to generate net profits of JPY300bn ($3.1bn) this year. Japan's largest banking ...
Brazil's state-controlled oil company.(Petroleo Brasileiro S.A. has received loan from China)(Brief article)
Jun 01, 2009 ... Brazil's state-controlled oil company, Petroleo Brasileiro, received $10bn of loans from China after president ...
Daiwa SMBC.
Jun 01, 2009 ... Daiwa SMBC, one of Japan's top three investment banks, is buying the ...
First Rand Group.(office in India)(Brief article)
Jun 01, 2009 ... First Rand Group last month became the first African lender to win a banking licence in ...
Egypt's central bank.(cut in interest rates )(Brief article)
Jun 01, 2009 ... Egypt's central bank cut its benchmark interest rates by half a percentage point to 9.5%, the third time it has been lowered this year. The ...
Agricultural Bank of China.(bond sale)(Brief article)
Jun 01, 2009 ... Agricultural Bank of China</braised JPY50bn ($7.3bn) last month in the nation's biggest ...
Kazakhstan's central bank.(currency devaluation )(Brief article)
Jun 01, 2009 ... Kazakhstan's central bank said it had no plans to devalue its currency further this year as oil and ...
Lehman Brothers Holdings.(Brief article)
Jun 01, 2009 ... Lehman Brothers Holdings wants to investigate whether the sale of itsUS brokerage unit to ...
US bankers.(Brief article)
Jun 01, 2009 ... US bankers will avoid salary caps but face changes to executive compensation aimed at ...
Small and medium-sized US banks.(Brief article)
Jun 01, 2009 ... Small and medium-sized US banks must raise $24bn to meet the capital standards set by the ...
A report by the Bank for International Settlements.(Brief article)
Jun 01, 2009 ... A report by the Bank for International Settlements found that the derivatives market shrank for the first time in the second half of ...
The International Monetary Fund (IMF).(Brief article)
Jun 01, 2009 ... The International Monetary Fund (IMF) last month urged the UK government to act faster once the economy was recovering to get the public finances under control by cutting public ...
Peter Sands.(Standard Chartered Bank PLC has appointed David Douglas)(Brief article)
Jun 01, 2009 ... Standard Chartered Bank chief executive Peter Sands has managed to attract senior talent from across the industry to join his bank this year. The high profile head hunting has included David Douglas, former Lehman Brothers head of Asia equity capital markets, who joined last month to head ...
Pravin Gordhan.(Brief article)
Jun 01, 2009 ... South Africa's new president Jacob Zuma has replaced the country's long standing finance minister Trevor Manuel with Pravin Gordhan. Mr Manuel has long been regarded as a steady hand at the tiller by analysts since he became finance minister in 1996. Mr Gordhan, who was ...
Xavier Rolet.(London Stock Exchange Ltd.)(Brief article)
Jun 01, 2009 ... The London Stock Exchange announced a pre-tax annual loss of GBP251m, on the day that its new chief executive, Xavier Rolet, officially took the reins. The losses came after it was forced to ...