Latest articles from News
Dubai eyes Islamic bond
The Dubai government may raise up to $1.5bn in new capital through a multi-currency Islamic bond issue in Malaysia to finance its spending needs.
VTB plans landmark renminbi bond issue
VTB's renminbi bond will strengthen links between Russia and China VTB's renminbi bond will strengthen links between Russia and China
Panama plans samurai bond
Panama's Ministry of Economy and Finance has announced plans to issue its first samurai bond, for up to $500m.
Nigeria takes action to absorb bad loans
Nigeria's 'bad bank' aims to issue bonds to the value to N2200bn ($15bn) as the country's central bank tries to recapitalise rescued banks and restore lending.
Paul Calello
Paul Calello, the chairman of Credit Suisse's investment bank, who died last month aged 49, after a 14-month battle with cancer, was a pioneer in the industry.
Standard Chartered and AgBank boost strategic co-operation
One of China's largest banks, Agricultural Bank of China (AgBank), and UK-based bank Standard Chartered have strengthened ties with a joint venture aimed at deepening strategic co-operation.
Group ups Iraq investment
Global private equity group MerchantBridge has launched an equity fund in Iraq and plans to close a deal of up to $100m in Saudi Arabia in early 2011.
Financial experience of chairmen decreases at top 25 European banks
Recent financial experience among board chairpersons of the top 25 European banks has decreased since the financial crisis. According to the annual report from governance specialists, Nestor Advisors, only 64% of chairpersons in the segment in 2010 had relevant financial experience, down from 80% in 2007.
Trade finance banks say Basel III will damage world trade
International business will become significantly more expensive if the impending Basel III regime does not make allowances for trade finance, bankers fear.
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