Alpha Bank, Bank of Cyprus and Marfin Popular Bank have increased their respective market shares in terms of loans, fighting off the challenge by the smaller and Greek banks. According to unofficial
The Board of Directors of Bank of Cyprus Public Company Ltd will convene on Thursday 24 July 2008 to examine the Bank’s financial results for the six months ended 30 June 2008
Citigroup report Global equities are cheap by historical standards and especially compared with other assets after the drubbing in the first half, Citigroup's equity strategists said in a note. "Despite the plethora
says Citi The ECB increased, as widely expected, the official rates by 25 BP after Thursday’s meeting. As a result, the upcoming weekly refi operations, settled on July 9, will be conducted
Conference in Barcelona Fund managers meeting in Barcelona this week are facing up to a bleak outlook as markets stay volatile and inflows dry up, but one or two are seeing some
says Goldman Goldman Sachs said the European banks sector needs to raise about 60 bln to 90 bln euros, or withhold one year of dividends, to reach an aggregate Tier I ratio
Asian stocks rose on Monday, snapping a six-day losing streak on optimism that China's banking sector has thrived despite market turmoil and bargain-hunting investors picked over battered shares. However, fears that stagflation
The dollar rose against the euro and the yen on Monday after last week's job data suggested the U.S. economy was not as sickly as some thought, with investors now turning to
The United Arab Emirates has cancelled almost $7 billion of debt including interest and arrears payments owed by Baghdad, becoming the first Gulf Arab country to forgive all of Iraq's debt. The
Goldman Sachs said the European banks sector needs to raise about 60 bln to 90 bln euros, or withhold one year of dividends, to reach an aggregate Tier I ratio of 9%
