Search Results for: National Commercial Bank
Was Greece Always Part Of The Plan?
July 20th, 2015
Since its inception, critics of the eurozone have been pointing to its incomplete nature — everyone uses the same money but keeps their own national budgets and tax regimes — and speculating that this “fatal flaw” would doom the ...
SNP downgrades Greece and puts chances of Grexit at 50 per cent
June 30th, 2015
S&P has downgraded Greece‘s credit rating from CCC to CCC-, and says there is a 50 per cent chance it will leave the Euro. It made the change because it feels that, unless circumstances change, Athens will probably default ...
Capital controls: How Greeks and tourists will be hit
June 29th, 2015
For the average Greek, capital controls have now gone from threat to reality. But what does this mean in practice? On Monday morning, employees of the National Bank of Greece, the country’s largest commercial bank, were continuing to go ...
Regulatory Fine
June 26th, 2015
Global Regulators Cyprus Securities and Exchange Commission (CySec) Fines Imposed for Year 2015 and 2016
Quantitative Easing in 5 key questions
June 25th, 2015
On January 22, 2015, the European Central Bank (ECB) president Mario Draghi launched the institution’s Quantitative Easing (QE) program. QE is an exceptional measure, taken when traditional means of stimulating activity and growth prove ineffective. Learn more about the concept via five ...
How EU data protection law could interfere with targeted ads
June 24th, 2015
The successor to the 20-year-old European data protection directive has inched closer to becoming law, having been approved by the Council of Ministers, which represents each of the 28 EU member states. This has led to howls of anguish from some ...
Rakuten to Raise $1.5 Billion in Japan, Overseas Share Sale
June 4th, 2015
Rakuten Inc. plans to raise as much as 188 billion yen ($1.5 billion) in a public share sale, mainly to pay down debt as the online mall operator pursues acquisitions to boost its Internet services business. The share sale, ...
CMC Markets profits surge 61 per cent
May 28th, 2015
CMC Markets Group reports underlying profits before tax increase by 61 per cent to £51.9 million The Group capital ratio stands at 24 per cent (301 per cent pre CRD IV) with minimal debt and own funds of £141 ...
World Economic Forum: Jordan in $12bn investment drive
May 22nd, 2015
Dead Sea // Jordan plans to unveil a multibillion-dollar programme of foreign investment and create thousands of new jobs in the country at the World Economic Forum on the Middle East and North Africa. King Abdullah will formally open the ...
Corporate Counsel Middle East Awards: Winners 2015
May 18th, 2015
Corporate Counsel Middle East Awards have firmly established themselves as a highlight of the region’s legal calendar. The awards, which are now in their fourth year, celebrate legal excellence in the Middle East and are open to in-house legal ...
