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Bloomberg Asia’s top private banks posted their first drop in assets under management and number …
Read More »Asia private banks’ assets take a dive
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Hungary’s state-owned MKB Bank posts $277.3 million loss in 2015
Budapest / Reuters Hungary’s state-owned MKB Bank posted a loss of 76.4 billion forints ($277.3 …
Read More »Polish Alior Bank plans $587mn share issue to finance BPH deal
Warsaw / Reuters Polish bluechip lender Alior Bank plans to raise up to 2.2 billion …
Read More »Westpac faces court in rate-rigging probe
Sydney / AFP Westpac Bank has vowed to “vigorously defend†itself against allegations it manipulated …
Read More »Oman raises limit for banks’ government bond holdings
Muscat / Reuters Oman’s central bank has increased the maximum amount of government securities which …
Read More »Thai retail gets hip riding on $50bn govt stimulus hopes
BANGKOK / Reuters In a downtown Bangkok mall, ripped jeans and mirror sunglasses aimed at …
Read More »Finland’s Tokmanni plans flotation in second quarter
HELSINKI / Reuters Finland’s largest discount store chain Tokmanni Group, majority owned by buyout house …
Read More »Kuwait Airways selects aeroLINE to improve crew management
Emirates Business Kuwait Airways, one of the pioneers of air travel in the Middle East, …
Read More »Air Arabia Jordan launches direct flights to Riyadh
Amman / EMIRATES BUSINESS Air Arabia Jordan has announced the launch of a new route …
Read More »Stockmann CEO departs amid restructuring
HELSINKI / Reuters Loss-making Finnish retailer Stockmann announced the surprise departure of its chief executive, …
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