Drugs scandal rocks Britain's troubled 'ethical' bank
Britain's Co-operative Bank, which prides itself on ethical investments, has been plunged deeper into crisis after its former chairman was filmed allegedly seeking to buy drugs.
WTO to open access into Kazakhstan for telecom companies and banks
Joining the WTO will affect the telecommunication services rates in Kazakhstan.
Spanish court confirms intention to extradite Ablyazov’s Security Chief
The Spanish National Court (SNC) has confirmed its decision to extradite Aleksandr Pavlov, the Chief of Security of the former Head of Kazakhstan's BTA bank Mukhtar Ablyazov.
Japan bank to punish executives over loans to gangsters: reports
Japan's Mizuho Bank will punish more than 30 executives over revelations that the lender made loans to underworld figures, reports said Friday, in the latest chapter of a headline-grabbing scandal.
Temirbank robbed in Almaty
Robbers found their way into the office of Temirbank at the crossing of Abay and Auezov streets in Almaty and stole around $240 thousand.
Obama picks 'exceptionally qualified' Yellen for Fed
President Barack Obama has nominated economist Janet Yellen to lead the Federal Reserve in a move expected to sustain the central bank's easy money policies and efforts to curb joblessness.
Foreign inflows fuel Sri Lanka recovery: central bank
Sri Lanka's economy grew 6.8 percent in the second quarter, up from 6.0 percent last year thanks to foreign cash inflows which helped a recovery.
Chinese offer help to Almaty flea market traders
Chinese suppliers have offered to help out the Almaty flea market traders whose goods were damaged in the 5400 sq meter fire days ago.
National Bank releases 5 000 coin dedicated to tenge's 20th anniversary
The National Bank of Kazakhstan put into circulation two new commemorative silver coins of 500 and 5 000 tenge nominal value.
US Federal Reserve faces changeover in midstream
There's never a good time to change the head of the US central bank, according to Ethan Harris, who wrote "Ben Bernanke's Fed" about the chairman of the Federal Reserve.
Australia's Commonwealth Bank posts record profit
Australia's biggest bank, the Commonwealth, on Wednesday posted an eight percent jump in full-year net profit to a record Aus$7.68 billion (US$6.98 billion).
Kazakhstan’s AsiaCredit Bank discloses reasons why the National Bank suspends its license for taking in deposits
Up to October 30 individuals won’t be able to open deposits or accounts with the Bank, with all the contracts signed with individuals before July 30 being fully valid.
Kazakhstan National Bank suspends license of AsiaCredit Bank
AsiaCredit Bank's license to accept deposits and open bank accounts for individuals has been suspended.
Liechtenstein bank pays millions to settle US tax dispute
Liechtenstein's oldest bank said Tuesday it would pay nearly $25 million to settle a dispute with US tax authorities over its suspected role in helping clients dodge US taxes.
BTA bank leads in Kazakhstan with 81% of bad loans
Kursiv.kz has made a rating of the second-tier banks of Kazakhstan with the highest share of troubled loans.
GMAC pays $230 mln to borrowers in foreclosures case
GMAC Mortgage, a defunct unit of Ally Financial, will pay $230 million to borrowers as part of a government review of potentially flawed foreclosures.
Wells Fargo deposes China's ICBC as world's biggest bank
The Industrial & Commercial Bank of China (ICBC) has lost its standing as the world's largest bank by market capitalisation to US-based Wells Fargo.
Citi profits jump as investment revenues surge
US banking giant Citigroup Monday reported better-than-expected quarterly earnings as strong securities and investment banking revenues helped offset weaker mortgage business and continued US consumer caution.
US proposes tougher requirements on largest banks
US regulators Tuesday unveiled tough new capital requirements for the nation's eight largest banks in the newest move to strengthen the financial system in the wake of the 2008 crisis.
