The acquisition encompasses all of Citi’s business in Nicaragua: commercial loans, personal loans, deposits and credit cards. The transaction is pending authorization from regulatory bodies. During the process, Citi will ... Read More
Bank of England Monetary Policy Committee member David Miles has sought to quash fears over deflation, saying any foray into negative territory would be short-lived and shouldn’t lead to ... Read More
Greece does not have the right to 1.2 billion euros ($1.3 billion) it believed it mistakenly returned to the eurozone‘s bailout fund, an spokesman for the fund said Wednesday ... Read More
Early signs that 2015 will be another positive year for the diamond industry are being given by Valentine’s Day demand in the US and Chinese New Year sales in China. De Beers ... Read More
The Russian ruble rose to new 2015 highs on Wednesday, shrugging off a decline in oil prices as Russian exporters continued to sell forex to pay monthly taxes. At 08:00 GMT, the ruble was 0.8 percent stronger against ... Read More
Standard Chartered Plc rose the most in two weeks as analysts at Barclays Plc and Sanford C. Bernstein Ltd. upgraded the bank, citing Bill Winters’s hiring as chief executive ... Read More
HSBC is closing all accounts on Jersey belonging to customers living in the UK. It is part of a move by UK banks carrying out checks on the identity ... Read More
Prime Minister Benjamin Netanyahu’s march towards becoming the longest-serving leader of Israel could be halted on Tuesday in an election that has exposed public fatigue with his stress on national security ... Read More
International Business Machines Corp is considering adopting the underlying technology behind bitcoin, known as the “blockchain,” to create a digital cash and payment system for major currencies, according to ... Read More
Following the release that Commerzbank nears $1.4 billion-plus settlement with U.S, Commerzbank issued a press release informing that: Commerzbank has reached settlements with the Department of Justice (“DoJ”), the ... Read More
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