Hellenic Bank records profit in 2008

Hellenic Bank Group closed 2008 with a profit, before tax, of 44.6 million euro, despite marking lower profit compared to 2007. Speaking during Wednesday’s HB Shareholders’ Annual General Meeting (AGM), both the

S&P cuts UK’s rating outlook to negative

Ratings agency Standard & Poor's lowered its outlook on Britain to negative on Thursday, citing government debt that would be hard to rein in and political uncertainty about the policy response with