Universal Bank appoints new board members

Universal Bank Pcl (USB) has appointed Demetris Ioannides and as new Board member with effect from August 23, 2007 and Christakis Clerides as Senior Independent Board member with immediate effect.  Demetris Ioannides

Global bond downgrades inch up

The number of entities at risk of downgrades globally has inched up in the last couple of months, though it remains lower than the 2006 average, according to an article published by