Deutsche Bank swings to €92m loss on legal costs
October 29th, 2014
Deutsche Bank swung to a loss in the third quarter because of higher legal costs to settle investigations. Germany’s largest lender posted a net loss of €92m ($117m; £72.6m) in the three months to September, compared to a profit ...
Mashreq Bank retail chief insists the bank does not cold call customers
October 27th, 2014
Mashreq Bank has insisted that it does not engage in cold calling of residents, according to the bank’s UAE head of retail banking. Despite the practice being outlawed by authorities in the UAE since 2011, there have been numerous ...
The future of the Shanghai Cooperation Organisation
October 17th, 2014
China recently reaffirmed that it backs India and Pakistan becoming members of the Shanghai Cooperation Organisation (SCO). At the 14th meeting of the Council of Heads of States of SCO on 12 September, Chinese President Xi Jinping called for ...
Global oil surplus to disappear gradually next year
October 17th, 2014
The oil markets are concerned that there is too much oil currently available on the market, and that, as a consequence, oil prices may continue to tumble. Saudi Arabia is reportedly telling Reuters that it is happy with prices ...
Oil prices tumble 4% on demand outlook
October 15th, 2014
Crude oil prices tumble again on lower demand; gas prices to follow. Another slump in crude oil prices pummeled the energy sector on Tuesday. Benchmark West Texas sank 4% to $82.32 a barrel – a 28-month low – while ...
Democracy or Idiocracy?
October 9th, 2014
In Cyprus, we live in a democracy characterised by government by the people and/or their elected representatives: constitutional guarantees, free and fair elections, a parliament of elected members, separation of legislature and the executive, an independent judiciary, and so ...
Dr Alan Waring
October 8th, 2014
Dr Alan Waring has 35 years’ experience in risk management. His several books include Managing Risk (1998), co-authored with Prof Ian Glendon, Practical Systems Thinking (1996) and Corporate Risk and Governance published in May 2013. He has presented numerous ...
Contributing Authors
October 2nd, 2014
Dr Alan Waring Dr Alan Waring has 35 years’ experience in risk management. His several books include Managing Risk (1998), co-authored with Prof Ian Glendon, Practical Systems Thinking (1996) and Corporate Risk and Governance published in May 2013. He has presented numerous conference and ...
Oil Prices Fall, and the Global Economy Wins
September 30th, 2014
Oil is in the midst of one of its steepest selloffs since the financial crisis, with prices falling 16 percent since mid-June. This has the Saudis contemplating even deeper cuts in oil production to keep prices from declining any ...
BNP Paribas hires ex-U.S.Treasury official for compliance job
September 19th, 2014
BNP Paribas (BNPP.PA) has hired a former top official at the U.S. Treasury Department’s sanctions office, people familiar with the matter said, part of the French bank’s effort to build up its compliance department after its record settlement over ...
