Tuesday , 16 December 2025

Recent Posts

Search for ECB’s next vice president begins

Bloomberg When euro-area finance ministers launch the process to find a new European Central Bank vice president, they won’t be flooded with nominations. So far, only Spain has said it will put forward a candidate to replace Portugal’s Vitor Constancio, whose term expires at the end of May, with Finance Minister Luis de Guindos the most likely nominee. The meeting …

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National Bank of Kuwait Q4 profit rises 5.4 percent

DUBAI / Reuters National Bank of Kuwait (NBK), the Gulf Arab state’s largest commercial lender, reported a 5.4 percent rise in fourth-quarter net profit, in line with analysts’ forecasts, according to Reuters calculations. The bank made a net profit of 80.0 million dinars ($266.3 million) in the three months to December 31, compared with 75.9 million dinars a year earlier, …

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UK’s Prudential was mystery victim of HSBC’s front-running

Bloomberg HSBC Holdings Plc and the US Justice Department, announcing last week that the bank would pay $100 million for front-running client currency orders, left one thing unstated — the name of a big client the bank’s traders defrauded. That unidentified victim was London-based insurer Prudential Plc, according to court records and testimony in a related case and a person …

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