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Cyprus launches banking overhaul as meltdown looms Cypriot politicians have until Monday to approve a "Plan B" bailout deal with the European Union and International Monetary Fund.

22 March 2013

Kazakhstan’s depositors keeping about $50 million with Cyprus banks Cyprus authorities suggested introducing a 6.75% non-recurrent tax on deposits under 100 000 Euro and a 9.9% tax on deposits exceeding that amount.

21 March 2013

Eurozone still ready to help Cyprus after vote Cypriot President Nicos Anastasiades' office said he "fully respects" the decision and that he had had a "constructive" phone call with Russian leader Vladimir Putin, amid reports Cyprus was seeking alternative financing.

20 March 2013

Citigroup to pay $700 million to settle suit US banking giant Citigroup said Monday it will pay $730 million to settle a class-action suit by bondholders related to the 2008 financial crisis.

20 March 2013

International lending shows smallest growth in 13 years: BIS Cross-border lending saw its smallest growth in 13 years in the third quarter of 2012, according to a report published Sunday by the Bank for International Settlements (BIS).

19 March 2013

Cyprus president in desperate bid to prevent run on banks Cypriot President Nicos Anastasiades will on Monday attempt to persuade lawmakers to back an EU bailout deal that slaps a levy on bank savings, amid fears of a run on accounts if he fails.

18 March 2013

Almaty citizens owe $10 billion to banks 63 percent of all the loans in Kazakhstan are concentrated in Almaty; overdue loans exceed $10 billion.

15 March 2013

China Everbright to relaunch Hong Kong IPO plans China Everbright Bank, a mid-sized lender, said Wednesday it would relaunch plans to list shares in Hong Kong, after earlier aborted attempts at an overseas stock offer.

14 March 2013

US slaps sanctions on key N. Korea bank, officials The United States on Monday slapped sanctions on North Korea's primary foreign exchange bank and four senior officials, upping the pressure on Pyongyang to abandon its nuclear program.

12 March 2013

IAEA head notes successful negotiations on creation of nuclear fuel bank in Kazakhstan Kazakhstan’s delegation to Vienna met with Director General of IAEA Yukiya Amano.

04 March 2013

Royal Bank of Scotland posts 2012 net loss of £5.971 billion State-rescued Royal Bank of Scotland said Thursday that net losses almost tripled to £5.97 billion in 2012, when it was hit by compensation payouts, Libor rate-rigging fines and a vast accounting charge.

28 February 2013

Government decides against hosting an international nuclear fuel bank at the Ulba metallurgical plant Such banks cannot be placed in seismically active territories: environment officials.

25 February 2013

Japan to nominate ADB president as BoJ chief: reports The Japanese government of Shinzo Abe is set to nominate Asian Development Bank president Haruhiko Kuroda as governor of the central bank.

25 February 2013

Japan eyes ADB chief to head central bank: reports Asian Development Bank president Haruhiko Kuroda is seen as the leading candidate to become Japan's next central bank governor.

23 February 2013

Irish lawmakers vote to liquidate Anglo Irish Bank Irish lawmakers voted through emergency legislation to liquidate the former Anglo Irish bank early Thursday, as part of a deal to ease the eurozone country's massive debt burden.

07 February 2013

RBS bank says to pay 'significant penalties' over Libor Royal Bank of Scotland on Wednesday said it expected to pay "significant penalties" and face other sanctions from British and US financial regulators over its role in the Libor rate-rigging scandal.

06 February 2013

Barclays announces departure of senior bank staff Barclays on Monday said that its finance director and top legal expert had decided to leave the bank, as the British lender undergoes a shake-up in the wake of the Libor rate-rigging scandal.

05 February 2013

Samruk-Kazyna to exit BTA Bank, Alliance Bank and Temirbank: Nazarbayev President stressed that several measures had been taken in the banking system to decrease the external debt and the process had to be continued.

04 February 2013

Ex-Iran bank chief found with $70 mln cheque: report The former head of Iran's central bank, Tahmasb Mazaheri, has been found in possession of a cheque worth 54 million euros ($70 million) by German authorities.

04 February 2013

Europe will get its money back says Bank of Greece Greece will pay back the billions of euros of European aid it has received to fight its debt crisis, the head of the country's central bank told Germany's Sueddeutsche Zeitung.

01 February 2013

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