11/03/2014

Crash, recovery and why boring is good for banks

It was a chilling, stark moment, says Anthony Browne, head of the British Bankers’ Association: the day in September 2008 when Lehman Brothers collapsed, triggering a worldwide financial crisis.

10/28/2014

Bank Of China Opens Regional Centre In Budapest

The BoC is in close cooperation with Hungary’s Eximbank, and has so far assisted Wanhua’s investment project at the Hungarian company Borsodchem with jointly provided loans totalling 70 million euros, Szijjártó said.

10/22/2014

Citibank acquires Deutsche commodities trading book

Deutsche is also rumoured to have sold long-term trading contracts and stockpiles of low-grade uranium to Australian investment bank Macquarie Group, valued at the end of last year at around $200 million.

10/21/2014

Banco Espírito Santo Investment Bank Looks for Suitors

Possible Buyers in China, Dubai and Mexico Have Been ApproachedSenior executives at the investment banking arm of failed Portuguese lender Banco Espírito Santo SA have met recently with potential suitors to explore options for salvaging the unit, a