Financial and Banking News

• New Chairman for Mediterranean Bank Network (MBN) 17.05.2013 / Mediterranean Bank Network
• Islamic banking assets to surpass $1.8 trillion globally in 2013 05.02.2013 / zawya.com
• No more queues in front of ATMs 23.01.2013 /
• Swiss bank Wegelin & Co. to close after US tax evasion fine 04.01.2013 / BBC
• Banks seen shrinking for good as lay-offs near 160,000 16.11.2012 / Reuters
• Suntech will extend banking system at Nordea Bank Poland S.A. 09.10.2012 / Suntech
• Private Banker International Global Wealth Awards 2012 Finalists 08.10.2012 /
• Russia's central bank will reduce its stake in Sberbank to 50% plus one voting share 17.09.2012 /
• UK Credit Card Rewards Report highlights vast disparity in reward value 21.08.2012 / Loyalty Consulting UK
• Banks still seen as risky five years after start of crisis 18.07.2012 / Reuters
• Banking Technology & Innovation Summit in Dubai is gearing up for a big show this year 17.07.2012 / Expotrade PR
• ECB cuts key rate to new low to help economy 05.07.2012 / Associated Press
• Bob Diamond resigns as chief of Barclays after interest rate rigging scam 03.07.2012 /
• Moody's downgrades credit ratings of 28 Spanish banks 26.06.2012 / Guardian
• NatWest Bank computer glitch affects millions of customers in UK 22.06.2012 /
• Rating agency Moody's downgrades 16 Spanish banks 18.05.2012 / CNNMoney
• Middle East's Leading Banking Technology & Innovation Summit to be held in Dubai 07.05.2012 / Expotrade
• More than 2.5 billion people around the world don’t have a bank account 23.04.2012 / World Bank
• No breakthrough in Swiss-US tax dispute despite talks 22.04.2012 / Reuters
• World's best emerging market banks in Central and Eastern Europe (CEE) 26.03.2012 / Global Finance
• Western Union to launch innovative payments platform WU Pay 22.03.2012 / Western Union
• U.S. Banks Complete Stress Tests 14.03.2012 / Reuters
• Chinese banks post record profit in 2011 19.02.2012 / People's Daily Online
• Citi gets approval to issue credit cards in China 06.02.2012 / Reuters
• Three Swiss bankers indicted by U.S. in tax crackdown 09.01.2012 / Reuters
• Islamic finance assets to hit US$ 1.1 trillion in 2012 22.11.2011 / Reuters
• Credit union business grows as consumers sour on banks 07.11.2011 / Reuters
• Spanish bank ratings downgraded by Fitch and S&P 12.10.2011 / BBC News
• Spotlight on Islamic Retail Banking – strategies for fast growing industry 07.10.2011 / Fleming Gulf
• JBIC inks $43bn credit line pact with Japan banks 05.10.2011 / Nikkei