News Agencies Feed

banking

Dec 09

JPMorgan sees global political tumult putting a lid on megadeals

JPMorgan sees global political tumult putting a lid on megadeals

Global political tumult is likely to dampen businesses’ appetite for megadeals in 2019, according to JPMorgan Chase & Co.’s global co-head for mergers and acquisitions Hernan Cristerna.

On the"...

Continue Reading >>

Dec 06

Khalil tells Banks' Association delegation 'Ministry of Finance never covers illicit wages'

Khalil tells Banks' Association delegation 'Ministry of Finance never covers illicit wages'

NNA - Caretaker Minister of Finance, Ali Hassan Khalil, on Wednesday welcomed a delegation from the Association of Banks in Lebanon, headed by Joseph Tarbay.


The delegation briefed the Minister on the financial and banking situation, and on the challenges facing Lebanon"...

Continue Reading >>

Dec 03

Deutsche Bank chief dismisses takeover speculation

Deutsche Bank chief dismisses takeover speculation


Deutsche Bank is not at risk of a takeover, its chief executive told a German weekly paper after its shares fell
to a record low on Friday in the wake of a two-day raid related to money laundering allegations.
Speculation about a possible merger has continued despite"...

Continue Reading >>

Nov 25

Banks Association delegation to visit the United States next week

Banks Association delegation to visit the United States next week

NNA - A delegation of the Lebanese Banking Association's Board of Directors will head to New York and Washington during the upcoming week, as part of the Association's efforts since 2011 to strengthen the relations of Lebanese banks with the international financial markets.
"...

Continue Reading >>

Nov 19

Innovators were acknowleged by BLC Bank during its Brilliant Lebanese Awards

Innovators were acknowleged by BLC Bank during its Brilliant Lebanese Awards

BEIRUT: In a night full of aspiration and inspiration, Casino du Liban hosted Thursday the seventh edition of the Brilliant Lebanese Awards organized by BLC Bank.

The stage was awash Technicolor light, as the"...

Continue Reading >>

Nov 18

Rimini Street Expands Investment and Operations in Asia-Pacific

Rimini Street Expands Investment and Operations in Asia-Pacific

Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, and the leading third-party support provider for Oracle and SAP software products, today announced that it has expanded its operations in the Asia-Pacific region with the launch of its new subsidiary, Rimini Street New Zealand Limited, and the opening of its new office in Auckland to address the growing demand for Rimini Street’s premium, ultra-responsive support services in New Zealand. Rimini Street’s expansion was announced at a gala event held at The Northern Club in Auckland, where clients, local IT leaders and the special guest......

Continue Reading >>

Nov 18

Automotive Innovator, Rick Tewell, Promoted to Chief Operating Officer at Velodyne Lidar

Automotive Innovator, Rick Tewell, Promoted to Chief Operating Officer at Velodyne Lidar

Velodyne Lidar, Inc. announces the promotion of Rick Tewell to Chief Operating Officer. Tewell assumes leadership of the company’s vast manufacturing efforts at its Megafactory in San Jose, California. He joined the company in September 2017 as Senior Vice President of Automated Manufacturing and was promoted to Chief Advanced Manufacturing Officer prior to the promotion to COO. He brings a wealth of expertise to the day-to-day production of Velodyne’s industry-leading lidar sensor product line. According to Marta Hall, Velodyne’s President and Chief Business Development Officer, Velodyne “recruited Rick Tewell to manage......

Continue Reading >>

Nov 17

Bank deposits up 4 pct on year, says Lebanon Central bank chief

Bank deposits up 4 pct on year, says Lebanon Central bank chief

BEIRUT – Bank deposits in Lebanon have risen by 4 percent on the year, Central Bank Governor Riad Salameh said on Thursday, and he maintained his economic growth outlook for 2018 at 2 percent.

In July Salameh"...

Continue Reading >>

Nov 16

MultiBank Group Expands Across Europe Making It One of the Largest Financial Derivatives Companies Worldwide

MultiBank Group Expands Across Europe Making It One of the Largest Financial Derivatives Companies Worldwide

In December 2017, MultiBank Group announced the launch of its Asset Management business and the establishment of its European headquarter in Frankfurt, Germany. Since then, the Group’s asset management business has taken off, while the performance of the MultiBank Index linked Note,"...

Continue Reading >>

Nov 15

Modi government, Indian central bank set for uneasy truce

Modi government, Indian central bank set for uneasy truce

NEW DELHI/MUMBAI: India’s government and its central bank are getting close to ironing out some of their policy differences, said two sources familiar with the discussions, as they seek to defuse worsening tensions that had threatened to unnerve investors.
While the rift is"...

Continue Reading >>