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financial sector

deutsche-bank

Deutsche Bank: Germany’s financial colossus stumbles

11/02/2016(0)
Deutsche Bank fuelled Germany’s rise to the status of economic powerhouse, financing its industry in the 19th century and helping the country’s economy to rise again from the rubble of ... Read More
3500

The five fears stalking the global banking industry

10/02/2016(0)
China, emerging markets, the eurozone, oil and commodities all pose a threat to the banking sector this year Banking shares have come under pressure this week as investors express fears ... Read More
hsbc logo

HSBC fined $470m for ‘abusive mortgage practices’ during 2008 crisis

08/02/2016(0)
Settlement with US Department of Justice centres on allegations that bank ‘robo-signed’ thousands of foreclosure documents without reviewing paperwork HSBC has been fined $470m (£325m) for “abusive mortgage practices” in ... Read More
Banks

Europe’s big banks remain wary of doing business with Iran

25/01/2016(0)
Sanctions have been lifted but uncertainty over US authorities’ stance means banks are reluctant to handle payments A week after the lifting of sanctions against Iran, major European banks are still ... Read More
tsipras

Greece’s economic crisis goes on, like an odyssey without end

07/01/2016(0)
When Stavros Staikos thinks of the year ahead, he expresses dread. Although stoic in demeanour, the retired merchant seaman struggles to be upbeat about his country and his own ... Read More
Royal Bank of Scotland

RBS pays €23.8m to settle tax evasion inquiry into Coutts’ Swiss operation

10/12/2015(0)
Settlement with German prosecutors, which involves immunity for any current for former staff, is latest embarrassment for bailed-out bank Royal Bank of Scotland is paying €23.8m (£17.3m) to German prosecutors ... Read More
unbanked 1

Access to the Financial Sector: A Global Perspective

22/06/2015(0)
The availability of a bank account is a big help to individuals, and to an economy. For the individual, it provides safety for saving, a channel for receiving and ... Read More
Chinese flag

China: Anti-graft drive hits financial sector

04/02/2015(0)
Apparent probes into executives at two Chinese banks have been interpreted as a sign that China’s anti-corruption drive is broadening, exerting pressure on banks to clean up their acts. ... Read More
CSSF Luxembourg

Suspension of payments for Assya Asset Management Luxembourg S.A.

29/10/2014(0)
Luxembourg’s financial regulator has issued an announcemnt that in accordance with Article 60-2 of the law of 5 April 1993 on the financial sector, the company ASSYA ASSET MANAGEMENT ... Read More
cbc

CBC: Financial Indicators of stability

26/03/2014(0)
The Central Bank of Cyprus has published the basic aggregate financial indicators for the Cypriot banking and co-operative sector, for the fourth semester of 2013, which are based upon ... Read More
Broker Cyprus TopFX