Search Results for 'SC'

Deutsche Bank Profit Drops as Debt Crisis Curbs Trading

Deutsche Bank AG (DBK), Germany’s biggest bank, said first-quarter profit declined 33 percent as a rebound in investment-banking earnings from the previous three months wasn’t enough to match year-earlier levels. Net income [...]

Posted On : Apr, 26 2012 | Comments : 0

Deutsche Bank Said to Shuffle Board in CEO Succession

Anshu Jain, who heads Deutsche Bank AG (DBK)’s corporate and investment bank, is promoting bankers from his division as he prepares to become co-chief executive officer, according to a person familiar with the matter. Changes pro [...]

Posted On : Mar, 08 2012 | Comments : 0

SC new Islamic banking branch opened

Karachi—As part of Standard Chartered’s commitment to provide high quality Shariah-compliant banking products and services to its customers, the Bank inaugurated its Islamic Banking (Saadiq) branch at Khayaban-e-Hafiz, DHA, Ka [...]

Posted On : Jan, 17 2012 | Comments : 0

Royal Bank of Scotland’s Profit Fell 63% in Third Quarter

Royal Bank of Scotland reported on Friday a 63 percent drop in operating profit to £267 million, or $428 million, in the three months through September as volatility in European financial markets continued to hit its investment bank [...]

Posted On : Nov, 04 2011 | Comments : 0

European banking authority to discuss Dexia Weds

he European Banking Authority will discuss Franco-Belgian bank Dexia's funding problems on Wednesday in a bid to stop them spreading to other lenders, the watchdog's chairman Andrea Enria said on Tuesday. The EBA board of super [...]

Posted On : Oct, 05 2011 | Comments : 0

Banking regulation under new scrutiny after UBS loss

The loss of £1.3bn is a huge blow to the Swiss banking giant, which was already suffering in the global market. Oswald Gruebel, UBS chief executive called the loss "distressing" and said he "will spare no effort to es [...]

Posted On : Sep, 17 2011 | Comments : 0

BankMuscat gears up for Islamic banking

BankMuscat, the Sultanate’ biggest bank, is fully geared to roll out Islamic banking products, once the regulatory framework is in place. “The recent Royal directive on opening up of Islamic banking has provided new opportunit [...]

Posted On : Aug, 13 2011 | Comments : 0

SCBP introduces new wealth banking product

Standard Chartered Bank has introduced a wealth management product in the Philippines, called Priority Banking business. Priority Banking promises a total banking relationship centered on three pillars of commitment – Priority [...]

Posted On : Jun, 21 2011 | Comments : 0

BANKING: Escondido's Sunrise Bank bought by AmericanWest

Spokane, Wash.-based AmericanWest Bank has acquired Escondido's Sunrise Bank for $18.5 million, ending a troubled chapter for the local bank that grew a healthy balance sheet over the past year as its financially ailing parent in Mich [...]

Posted On : Jun, 10 2011 | Comments : 0

Lloyds Banking Is Said to Rule Out Sale of Scottish Widows I...

Lloyds Banking Group Plc (LLOY) has ruled out a sale of its Scottish Widows insurance unit as part of a review of the business, two people with knowledge of the matter said. The London-based bank is examining its strat [...]

Posted On : May, 26 2011 | Comments : 0

Japan Banking Lobby Urges Kan to Unveil Tepco Rescue Plan

Japan should develop a plan to provide financial support for Tokyo Electric Power Co. before banks including Sumitomo Mitsui Financial Group Inc. (8316) resume lending to the owner of the crippled nuclear plant, the nation’s bankin [...]

Posted On : Apr, 06 2011 | Comments : 0

Summit Bank to make a difference on the financial landscape

Husain Lawai, president and CEO of the newly emerged Summit Bank has come with a focus to make a difference in the financial landscape of the country. Speaking on the occasion of unveiling of the Logo of the bank said that Summit Bank co [...]

Posted On : Feb, 08 2011 | Comments : 0

Federal bank suit targets state senator, Atlanta schools acc...

Federal banking regulators on Tuesday accused eight former insiders of a failed Alpharetta bank — including the new chairman of the state Senate Banking Committee — of gross negligence and various breaches of their financial [...]

Posted On : Jan, 19 2011 | Comments : 0

Gilani approves BISP insurance, mobile banking schemes

Prime Minister Yousuf Raza Gilani on Friday gave a go-ahead to the Life Insurance Scheme and the Benazir Mobile Banking Service under the Benazir Income Support Programme (BISP). The Life Insurance Scheme will be launched on January 1, 2 [...]