Financial / Banking News

Last update: 12 days, 8 hours ago

Sananta and Bank Jatim capture Proliga titles 4 May 08, 23:52 ET P2B Sananta and Bank Jatim have claimed the winners' trophies in the Sampoerna Hijau Proliga Volleyball tournament, after thrashing their opponents in the ... more Rice presses Israel on West Bank roadblocks 4 May 08, 23:52 ET JERUSALEM - In an effort to spur peace talks, US Secretary of State Condoleezza Rice demanded that Israel do more to ease life for Palestinians in the West ... more Malaysia's Maybank to acquire 20 percent of Pakistan's MCB Bank 4 May 08, 23:52 ET -- Malayan Banking Bhd (Maybank) is planning to acquire a 20 percent stake in Pakistan's MCB Bank Ltd as it seeks to boost its regional Islamic banking ... more Denmark's Saxo Bank to acquire 35 percent of Australian ... 4 May 08, 23:52 ET SYDNEY, May 05, 2008 (Thomson Financial via COMTEX) -- -- Danish online investment and trading bank Saxo Bank A/S said on Monday it plans to buy a 35 ... more Australia And New Zealand Banking Group Limited ASX: ANZ's ... 4 May 08, 23:49 ET Australia And New Zealand Banking Group Limited ASX: ANZ's ...ABN Newswire (press release), Australia - 9 minutes ago more Northern Marianas power utility needs financial help or there will ... 4 May 08, 23:45 ET Daily power outages in the Commonwealth of the Northern Marianas’ may be back soon as the Commonwealth Utilities Corporation enters its third month of ... more Clinton banks on people power 4 May 08, 23:44 ET By Stephen Collinson SOUTH BEND, Indiana -- Hillary Clinton is packaging herself as a China-bashing scourge of profit-soaked oil giants and the Washington ... more Maybank buys 15% stake of Pakistan bank for RM2.17bil 4 May 08, 23:41 ET By Joseph Chin KUALA LUMPUR: Malayan Banking Bhd is buying a 15% stake in Pakistan’s fourth largest bank MCB Bank Ltd - previously known as Muslim ... more Corporation Bank looking at investment banking services 4 May 08, 23:33 ET Corporation Bank is looking to offer investment banking and related services through its wholly owned subsidiary CorpBank Securities Ltd. Speaking to ... more PRESS DIGEST - Financial Times - May 5 4 May 08, 23:32 ET Gordon Brown said that the UK economy was his "first focus and immediate priority" as he sought to regain public trust following Labour's humiliation at ... more Taiwan central bank to auction 100 bln twd worth of 364-day CDs on ... 4 May 08, 23:32 ET TAIPEI (XFN-ASIA) - The central bank said it will auction 100 bln twd worth of 364-day certificates of deposit (CDs) on May 9. Banks, credit cooperatives ... more Standard Chartered ups Asia Commercial Bank holdings to 15% 4 May 08, 23:29 ET Standard Chartered Plc., the UK bank that makes most of its profit in Asia, raised its stake in Asia Commercial Bank (ACB) to 15 percent to tap growth in ... more UPDATE: Buffett Sees More Losses For Banks 4 May 08, 23:27 ET OMAHA, Neb . (Dow Jones) -- Banks will suffer more losses over the next few years from the real-estate crisis, despite the Federal Reserve's successful ... more UPDATE: Buffett Says Some Banks Too Big, Complicated To Run 4 May 08, 23:27 ET OMAHA, Neb . (Dow Jones) -- Some investment banks and commercial banks are too large and complex to run, Berkshire Hathaway Chairman Warren Buffett said ... more UPDATE: Warren Buffett Says Risk Of Financial Meltdown Has Declined 4 May 08, 23:27 ET OMAHA, Neb . (Dow Jones) -- Berkshire Hathaway Inc. Chairman Warren Buffett said Saturday that the risk of a major financial meltdown has declined recently ... more Talented nationals urged to join banking sector 4 May 08, 23:19 ET DUBAI - Shaikh Nahyan bin Mubarak Al Nahyan, Minister of Higher Education and Scientific Research and Chancellor of the Higher Colleges of Technology (HCT) ... more Bureaucrats given handbook against financial crimes - The News 4 May 08, 23:15 ET By Ikram Hoti ISLAMABAD: A handbook this weekend hit desks of top bureaucrats and politicians in Islamabad, warning them against complacency or lack of ... more Banks net record Dh7.46bn in Q1 4 May 08, 23:13 ET UAE banks netted record profits of Dh7.46 billion in the first quarter – the surge indicating that banks are heading for their best anual performance in ... more NB residents affected by floods to get financial help 4 May 08, 23:10 ET SAINT JOHN, NB - A flood-relief financial assistance program will start today in New Brunswick as residents of Saint John watched the St. John River ... more Banks sold aggressively 4 May 08, 23:06 ET Fund managers sold banks aggressively in the first quarter of this year. See which banks fared worst, and which funds are selling. ... more Inflation keeps pressure on Reserve Bank 4 May 08, 23:00 ET By Wayne Cole of Reuters A private measure of Australian inflation hit new highs in April as households paid more for health, fuel and rent, keeping upward ... more Danish investment bank buys Tricom stake 4 May 08, 22:59 ET Danish investment bank Saxo Bank plans to acquire a 35% stake in troubled Australian broker Tricom Holdings, the firm announced Monday. ... more China must let yuan rise for banks, firms: IMF, ADB 4 May 08, 22:51 ET MADRID -- China must remove capital controls gradually and let its yuan currency rise for the long-term benefit of its domestic industries, officials from ... more Food bank struggling with costs 4 May 08, 22:51 ET By Jimmy LaRoue For the first time this fiscal year, the Blue Ridge Area Food Bank Network did not meet its cash donation budget, as it, along with many ... more The big debate: Food bank struggling 4 May 08, 22:49 ET 'Everyone was going through hard times . . . . Weren't these programs designed for people going through hard times?' The story: The Community Food Bank ... more Taipei shares lower in early trade; Cathay Financial leads losses 4 May 08, 22:49 ET TAIPEI, May 05, 2008 (XFN-ASIA via COMTEX) -- -- Share prices were lower following a mixed showing on Wall Street Friday despite better-than-expected US ... more Sri Lanka central bank suppressing interest rates: researcher 4 May 08, 22:46 ET May 05, 2008 (LBO) – Sri Lanka's central bank is keeping interest rates suppressed and below the inflation rate to reduce government borrowing costs and ... more PHILIPPINES' BANK MERGERS NOT AS HIGH IN 2008: CENTRAL BANK 4 May 08, 22:46 ET MANILA, May 05, 2008 (AsiaPulse via COMTEX) -- -- Bank mergers are set to continue this year but there won't be as many as in recent years, according to the ... more >>Bank PHB Partners British Council On Education Financing 4 May 08, 22:46 ET A banker has blamed the inability of Nigerian youths to obtain good educational background on lack of funding facilities like education loan. ... more VIETNAMESE STATE BANK GIVES NOD TO ADDITIONAL GOLD IMPORTS 4 May 08, 22:46 ET HANOI, May 05, 2008 (AsiaPulse via COMTEX) -- -- The State Bank of Vietnam has allowed gold businesses and banks to import an additional 3.5 tonnes of gold ... more >>Banks Urged To Set Up Risk Management Committee For Effective 4 May 08, 22:46 ET The nation's banks have been urged to set up risk management committee to ensure effective monitoring of all categories of risk in banking business to avoid ... more >>Skye Bank Unveils The Lounge Premium Service 4 May 08, 22:45 ET Skye Bank Plc has unveiled a premium service, 'The Lounge @ Skye Bank' which is a refreshingly new concept in contemporary banking practice in Nigeria. ... more >>Enugu Trade Fair: FirstInland Bank Gets 3 Awards 4 May 08, 22:39 ET Firstinland Bank has been awarded the 'Most Outstanding Bank in Business Development, and the 'Best Partnering Bank' of the recently concluded 19th Enugu ... more US gets Grameen micro-credit bank 4 May 08, 22:34 ET Grameen Bank, the micro-credit financier initially set up to help the poorest in Bangladesh, has opened its first branch in the United States. ... more First Data Sets Date to Release First Quarter 2008 Financial Results 4 May 08, 22:33 ET May 02, 2008 (M2 PRESSWIRE via COMTEX) -- FDC | news | PowerRating | PR Charts -- On Thursday, May 15, First Data Corp. will release its first quarter ... more Bank robbed on Long Island 4 May 08, 22:26 ET CENTEREACH – Police continue to investigate a bank robbery at the Roslyn Savings Bank branch inside a Pathmark Supermarket in Centereach. ... more Axis Bank opens office in Dubai 4 May 08, 22:20 ET Axis Bank opened its representative office in Dubai joining a host of Indian banks in both public and private sector, reports Economic Times. ... more >>UniZik Honours Intercontinental Bank’s Director 4 May 08, 22:18 ET Nnamdi Azikiwe University (UniZik) Awka in Anambra State has awarded honorary doctorate degree to a director of Intercontinental Bank, Alhaji Isyaku Umar ... more Federal bank too patient with lacklustre companies: report - Metro Canda 4 May 08, 22:17 ET OTTAWA - A federal government bank that buys into fledgling firms with huge growth potential is too patient with losers, says a newly released study. ... more Islamic banking needs new rules 4 May 08, 22:15 ET The UAE Central Bank should introduce separate laws and regulations for Islamic banking services to help promote and expand the sector, said CEO of Emirates ... more Banks call the shots 4 May 08, 22:11 ET OFFICIAL interests rates are tipped to remain steady this week but the credit crunch threatens to spur more independent hikes by the big banks. ... more Bank Rakyat: No Plans to Raise Paid-Up 4 May 08, 22:09 ET By Roziana Hamsawi; Azlan Abu Bakar BANK Kerjasama Rakyat Bhd (Bank Rakyat) has no plans to increase its paid-up capital of RM2 billion to allow the public ... more SBI's Q4 net profit up 26 percent; Bank to restructure business ... 4 May 08, 21:52 ET By Sakshi Ganguli India's largest bank, the state-run State Bank of India (SBI) has reported better-than-expected quarterly results, posting a 26.12 percent ... more President Saleh Orders Financial Aid to Youth Burnt by Saudi Security 4 May 08, 21:51 ET Official sources close to President Saleh announced that he ordered officials to provide financial aids to Yemeni youth burnt by Saudi security in Khamis ... more China's ICBC board secretary to be appointed VP of Agricultural ... 4 May 08, 21:51 ET , the country's largest commercial bank, will is to appointed vice president of Agricultural Bank of China, the 21st Century Business Herald reported, ... more South Bank leads in milestone race 4 May 08, 21:51 ET They're the three clear leaders when it comes to determining the biggest milestone that has contributed to Brisbane's development since World Expo '88. ... more Rice calls for firm steps to improve life in West Bank 4 May 08, 21:48 ET JERUSALEM: US Secretary of State Condoleezza Rice yesterday urged Israel to take more concrete steps to ease the lives of West Bank Palestinians on her ... more Central banks have saved the global economy: Kohler 4 May 08, 21:46 ET Warren Buffett is right – the Federal Reserve has done a wonderful job in handling the credit crisis and was right to step in on Bear Stearns. ... more Financial report card for teens slips 4 points 4 May 08, 21:45 ET By David Burge Sit your teenage children down and have The Talk, experts say. No, not the one about the birds and the bees, rather the talk you've really ... more Danish investment bank to take 35% stake in Tricom 4 May 08, 21:42 ET Danish investment bank Saxo Bank A/S plans to acquire a 35 per cent holding in Sydney-based broking house Tricom Holdings Ltd. Saxo, which is a market ... more Japanese financial markets closed for national holiday 4 May 08, 21:40 ET AP TOKYO: Japanese financial markets were closed Monday due to Children's Day, a national holiday. The markets will remain closed Tuesday and reopen ... more China regulator says credit risk is top concern for banks 4 May 08, 21:32 ET BEIJING, May 05, 2008 (XFN-ASIA via COMTEX) -- -- Credit risk remains the top concern for commercial banks as China tightens monetary policies, ... more (AFX UK Focus) 2008-05-05 02:29 China regulator says credit risk is top concern for banks 4 May 08, 21:31 ET BEIJING (XFN-ASIA) - Credit risk remains the top concern for commercial banks as China tightens monetary policies, the China Banking Regulatory Commission (CBRC) said. more Commonwealth Bank wins Western Australian government business 4 May 08, 21:27 ET The Commonwealth Bank announced it had been successful again in winning the tender to be the Western Australian Government's sole supplier of transaction ... more Danish bank buys into Tricom 4 May 08, 21:25 ET DANISH investment bank Saxo Bank plans to buy a 35 per cent holding in Sydney-based broking house Tricom Holdings. Saxo, which is a market leader in on-line ... more SAXO BANK MOVES TO ACQUIRE HOLDING IN TRICOM 4 May 08, 21:25 ET SYDNEY, May 5 PRNewswire-AsiaNet - In a strategic move, Danish investment bank Saxo Bank A/S ("Saxo"), a global leader in on-line trading, has entered a ... more TAIWAN'S FSC ACCEPTS APPLICATIONS FROM BANKS FOR NEW BRANCHES 4 May 08, 21:25 ET TAIPEI, May 05, 2008 (AsiaPulse via COMTEX) -- -- The Financial Supervisory Commission (FSC) is accepting applications this month from banking institutions ... more Danish bank to take 35% stake in Tricom 4 May 08, 21:25 ET Danish investment bank Saxo Bank A/S plans to acquire a 35 per cent holding in Sydney-based broking house Tricom Holdings Ltd. Saxo, which is a market ... more Asian Development Bank fends off criticism over loan distributions ... 4 May 08, 21:24 ET The Asian Development Bank fended off criticism that it is neglecting the region's poorest countries by lending heavily to cash-rich emerging powerhouses ... more Rs. 7.9M looted from Laxmi Bank in Damak [ 2008-5-5 ] 4 May 08, 21:19 ET By Our Correspondent An armed group of seven individuals has looted Rs. 7.9 million from Damak branch of Laxmi Bank Sunday. They suddenly entered the bank, ... more Kohler: A toast to central banks 4 May 08, 21:16 ET Last year the Financial Services Institute of Australia sold its education business to the global private education company Kaplan and at that point it was ... more Barney Frank Expects Tougher Bank Rules 4 May 08, 21:14 ET WASHINGTON - The current mortgage crisis has exposed the need for financial reform, but there is no time for legislative fixes this year, a leading member ... more OLAIYA ‘IGWE’ BREAKS THE BANK ...SPENDS N34M IN 1000-CAST NEW MOVIE 4 May 08, 21:05 ET By David Ajiboye The quest to take Nollywood to enviable heights in standard of production and story has received a big boost with the completion of the ... more Outlook on Bank For Foreign Trade Of Vietnam revised to Negative 4 May 08, 21:04 ET Standard & Poor's Ratings Services has revised the outlook on its counterparty credit rating on Bank for Foreign Trade of Vietnam (Vietcombank) to negative ... more Mobile Banking to Transform Microfinance 4 May 08, 21:03 ET CGAP finds market conditions mean benefits for poor still several years away WASHINGTON, May 4 /PRNewswire/ -- A new report from the global microfinance ... more New Report Gives a Unique Insight Into the Taiwan Commercial ... 4 May 08, 21:02 ET The Taiwan Commercial Banking Report provides independent forecasts and competitive intelligence on Taiwan’s commercial banking industry. ... more LAUNCH OF TAIWAN'S FIRST SPORTS LOTTERY IS A FINANCIAL SUCCESS 4 May 08, 21:00 ET TAIPEI, May 05, 2008 (AsiaPulse via COMTEX) -- -- The sales volume in Taiwan's first sports lottery reached a total of NT$ 7.88 million (US$258360) Friday, ... more Agricultural Bank of China Q1 operating profit up 71 pct 4 May 08, 21:00 ET omestic operating profit rose 71 percent year-on-year in the first quarter to 14.1 billion yuan (2.01 billion US dollars). ... more LOCAL CONTRACT Helping Treasury Keep Tabs on Changes in Bank Rules 4 May 08, 20:59 ET By Mary Mosquera Aquilent of Laurel won a two-year, $5.3 million contract from the Treasury Department to provide bank examiners with the most up-to-date ... more Blair makes bank holiday promise for third term 4 May 08, 20:58 ET WORKERS will get bank holidays on top of paid leave under plans announced by Prime Minister Tony Blair today. Two million workers are currently forced to ... more Banks forced to write off record levels of debt 4 May 08, 20:58 ET BANKS were forced to write off record amounts of bad debt last year, new figures from the Bank of England are expected to show this week. ... more Credit crisis shows that banks need wise men not wide boys 4 May 08, 20:55 ET By Roger Bootle Don't get me wrong. I haven't got it in for all senior executives and corporate board members. Some of my best friends are chief executives. ... more Islamic International Arab Bank goes live with iMAL 4 May 08, 20:53 ET Nihad Maraqa, IIAB Head of Operations’ division commented on this success saying: "With the new Core banking system, IIAB will be able to grow and expand ... more Agricultural Bank of China Q1 operating profit up 71% 4 May 08, 20:52 ET The Agricultural Bank of China (ABC), one of the country's "big four" lenders, said on Sunday that domestic operating profit rose 71 percent year-on-year in ... more Pulmo BioTech Announces Appointment of Chief Financial Officer 4 May 08, 20:50 ET NEW YORK -- Pulmo BioTech Inc. announced today that it has appointed Rajiv Garg as it Chief Financial Officer. Pulmo BioTech Chief Executive Officer Garry ... more Bank of America Announces Retirement of Susan A. Rottner and Names ... 4 May 08, 20:49 ET Bank of America Announces Retirement of Susan A. Rottner and Names Kevin J. Cunningham Connecticut State President HARTFORD -- Bank of America Chief ... more EMS Chief Financial Officer Don Scartz to Retire and Company ... 4 May 08, 20:49 ET ATLANTA -- EMS Technologies, Inc. announced today that its Chief Financial Officer, Don T. Scartz, is retiring after a distinguished 30-year career. ... more Wachovia Expands Commercial and Business Banking Teams With New Hires 4 May 08, 20:45 ET PHOENIX -- Wachovia Bank is delivering upon its expansion goals in the Arizona market, adding nine new hires to its Commercial and Business Banking ... more Access Bank to partner govt on development of maritime sector 4 May 08, 20:44 ET As the three days International Conference on Piracy and Armed Robbery on Sea organised by the Joint Standing Committee on Nigerian Maritime Administration ... more Fidelity Magellan buys banks, gains most since 2003 4 May 08, 20:42 ET Fidelity Magellan Fund bought financial stocks including JPMorgan Chase & Co. and Bank of America Corp., leading to the $39.4 billion fund's biggest monthly ... more Rice presses Israel on West Bank roadblocks, Israel denies hidden ... 4 May 08, 20:39 ET AP JERUSALEM: In an effort to spur peace talks, US Secretary of State Condoleezza Rice demanded that Israel do more to ease life for Palestinians in the ... more GOP banking on repeat of last 2 presidential elections in W.Va. - Daily Mail 4 May 08, 20:39 ET MARTINSBURG, W.Va. (AP) -- Although the Democratic presidential candidates are getting all the attention right now, the other major party is quietly ... more Complexity of investment banks makes them hard to understand 4 May 08, 20:36 ET AP - May 4, 2008 8:35 PM ET OMAHA, Neb. (AP) - Billionaire investor Warren Buffett says the complexity of the tactics that financial institutions often ... more Danish bank takes Tricom stake 4 May 08, 20:35 ET By Mike Taylor The future of stockbroking firm Tricom Holdings appears to have been strengthened on the back of a move by Danish investment bank Saxo to ... more Buffett, Munger say many financial companies 4 May 08, 20:32 ET OMAHA, Neb. (AP) - Billionaires Warren Buffett and Charlie Munger say the pain many financial institutions are feeling because of the credit crunch is well ... more Ras Al Khaimah Government appoints Standard Chartered Bank to ... 4 May 08, 20:23 ET The Ras Al Khaimah Government has signed an agreement in which it has appointed Standard Chartered Bank to be Sole Lead Manager and Sole Bookrunner for its ... more Agricultural Bank of China Q1 domestic opg profit up 71 pct - Xinhua 4 May 08, 20:23 ET er, up 71 pct year-on-year, on improvements arising from an ongoing restructuring in the group, the official Xinhua news agency reported. ... more KOREAN COMMERCIAL BANKS REPORT DETERIORATION IN FINANCIAL HEALTH 4 May 08, 20:23 ET SEOUL, May 05, 2008 (AsiaPulse via COMTEX) -- -- The financial health of South Korea's major commercial banks deteriorated recently due to tightened ... more Shabbir wins 18th Bank Alfalah Open Golf C’ship 4 May 08, 20:19 ET Peshawar—Shabbir clinched the trophy of the 18th Bank Alfalah Frontier Open Golf Championship played here at 6666-yard PAF Golf Course here on Sunday. ... more KPMG identifies banks as takeover targets 4 May 08, 20:08 ET Bankers working in the mergers and acquisitions market hope the falls in equity valuations since the start of the year will begin to draw in buyers. ... more Bank’s rescue bid will prolong the credit pain 4 May 08, 20:06 ET Will the Bank of England’s £50bn plan to help prevent the credit crisis causing more damage to the UK banking system facilitate the flow of banking ... more Taiwan's Chinatrust may buy HSBC, Citigroup stakes in China banks ... 4 May 08, 20:04 ET TAIPEI, May 05, 2008 (XFN-ASIA via COMTEX) -- -- Chinatrust Commercial Bank, a wholly owned unit of Chinatrust Financial Holding Co Ltd (2891. ... more Financial Markets 4 May 08, 20:02 ET Amongst the stocks to rise this morning were Auckland Airport up 1 to $2.20, F&P Appliances up 5 to $2.58, Fletcher Building up 3 to $8.79, New Zealand Oil ... more Tricom to sell 35% to Saxo Bank 4 May 08, 20:02 ET By a staff reporter Troubled investment, advisory and trading house Tricom Holdings Ltd will sell a 35 per cent stake in its business to Danish group Saxo ... more Deutsche Bank fights to join bulge bracket 4 May 08, 20:01 ET Richard Byrne, one of the new co-heads of global capital markets at Deutsche Bank, has a banner for the Ultimate Fighting Championship, the no-holds-barred ... more Buffett says US in recession; banks to face pain 4 May 08, 19:59 ET By Jonathan Stempel OMAHA, Neb., May 4 (Reuters) - Warren Buffett, the world's richest person, said on Sunday the US economy is in recession, putting him at ... more Swan ready to return banks' serve 4 May 08, 19:52 ET May 04, 2008 (The Australian Financial Review - ABIX via COMTEX) -- -- Australian Treasurer Wayne Swan said on 4 May 2008 that he is willing to play "hard ... more Symposium helps US families abroad plan for emotional and ... 4 May 08, 19:52 ET By Charlie Reed, Stars and Stripes Mykie Brown was 5 years old when she finally understood the bedtime story her parents had been telling her since the day ... more WRAPUP 1-Buffett says US in recession; banks to face pain 4 May 08, 19:51 ET By Jonathan Stempel OMAHA, Neb., May 4 (Reuters) - Warren Buffett, the world's richest person, said on Sunday the US economy is in recession, putting him at ... more Buffett, Munger say many financial companies deserve pain - Daily Mail 4 May 08, 19:45 ET By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) -- Billionaires Warren Buffett and Charlie Munger say the pain many financial institutions are feeling ... more Fritzl's family facing financial ruin: Incestuous father owes millions 4 May 08, 19:39 ET Josef Fritzl's family have been warned they are facing financial ruin because of the 73-year-old's failed business deals. Fritzl is said to owe millions in ... more Unsettled outlook for extra bank holiday 4 May 08, 19:37 ET By Philip Johnston Are you enjoying your day off - assuming, that is, that you are actually taking the day off? Millions now work on public holidays, ... more Australian banks consider radical payments scheme - community blog from Charis Palmer 4 May 08, 19:36 ET Australian financial institutions are considering a radical initiative that could see BPAY codes trump bank account numbers. more Buffett eyes Royal Bank of Scotland insurance unit 4 May 08, 19:32 ET OMAHA, Neb. (MarketWatch) -- Berkshire Hathaway will consider investing in the insurance business of U.K. banking giant Royal Bank of Scotland and is close to buying a medium-sized company in the country, Chairman Warren Buffett said Sunday. more State Bank make lunge towards final with big score - The News 4 May 08, 19:27 ET By From our correspondent GUJRANWALA: State Bank of Pakistan (SBP) made a giant leap forward to the tournament final as, on the opening day of their ... more Banking and Finance 4 May 08, 19:22 ET Sebastian Adigwe, MD, AfribankDESPITE the skepticism that initially greeted its introduction from both within and outside the nation’s financial landscape, ... more Saxo Bank Moves to Acquire Strategic Holding in Tricom 4 May 08, 19:17 ET In a strategic move, Danish investment bank Saxo Bank A/S ("Saxo"), a global leader in on-line trading, has entered a Memorandum of Understanding with ... more S&P sees Nigeria, Ghana, Kenya bank bond issues 4 May 08, 19:11 ET Ratings agency Standard & Poor’s expects an upsurge in bond issuance from sub-Saharan African banks most likely beginning in Nigeria, Ghana and Kenya as it ... more