Citigroup sells 16 pct stake in airline Aeromexico
May 18th, 2015
May 17 Mexico’s biggest airline Grupo Aeromexico said on Sunday that Citigroup had sold its stake of about 16 percent in the company. The stock would be bought by several parties, including former Aeromexico chairman Eduardo Tricio, but none ...
ICO probes 173 law firms over data protection breaches
April 16th, 2015
Dozens of law firms were investigated by the information commissioner for potential data breaches in 2014, new figures have revealed. A freedom of information request by Egress Software Technologies revealed that the Information Commissioner’s Office investigated 173 UK firms ...
Mexico central bank sells $52 mln in currency auction
March 31st, 2015
The central bank of Mexico sold $52 million on Monday at an average price of 15.2456 pesos per dollar, the bank said, part of an auction program to boost foreign exchange liquidity following a recent slide in the peso currency. Monday’s ...
Grupo Ficohsa acquires Banco Citibank de Nicaragua and Cititarjetas de Nicaragua
March 26th, 2015
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 continue its operations as it has to date. This acquisition ...
Crédit Agricole results for the fourth quarter and full year 2014
March 18th, 2015
Strength of Crédit Agricole Group confirmed French retail banking showed good resilience Other business lines continued to grow Expenses decreased further Cost of risk dropped sharply Solvency further strengthened Crédit Agricole Group* Net income Group share 2014: €4,920 million ...
Crédit Agricole CIB Chooses DealHub for its FX Post Trade STP connectivity
March 16th, 2015
DealHub (Option Computers Ltd) announced today that its FX post trade connectivity platform has been deployed at Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB). DealHub’s modular platform combines the firm’s comprehensive market connectivity with flexible, rules based ...
EU told to apologise to Credit Agricole over market rigging probe
March 13th, 2015
The European Commission has been ordered to apologise to French banking giant Credit Agricole for implying its guilt in the long-running investigation into financial market rigging before the probe had been completed. A report published on Thursday (13 March) ...
Mario Draghi: Introductory statement to the press conference in Nicosia
March 5th, 2015
Latest Update, March 06, on March 05 release of President of the ECB Introductory statement. The update is regarding Questions and Answers. You can find the Questions and Answers at the end of the following statement. Mario Draghi, President ...
Crédit Agricole to Unveil New Chief Executive Next Week
February 18th, 2015
Bank’s fourth-quarter profit rises 13% from a year earlier Crédit Agricole SA on Wednesday said it would announce the name of its new chief executive next week, as the French bank seeks to return to its roots and reorganize around ...
George Papanicolaou
January 7th, 2015
George Papanicolaou holds a BSc in Electronic Engineering from the University of Texas at Austin (USA), an MBA with specialization in Finance from Leicester University (UK) and a Postgraduate Certificate in the Mechanics of Risk Management from Middlesex University ...