Swiss banks eager to root out undeclared funds: experts
Amid a massive scandal involving France's former budget minister and an undeclared Swiss bank account, Swiss banks are more eager than ever to kick out tax cheats and clear their names.
Cyprus bank workers to strike over pension fears
Cyprus bank workers are to go on strike Thursday over fears pensions may be at risk under the country's crippling bailout, after the new finance minister vowed to do "whatever it takes" to right the economy.
Buying BTA Bank may have harm Halyk Bank: Standard & Poor’s
In case of this deal Halyk will become the biggest Kazakhstan bank by assets and its market share will make over 25 percent.
China's Xi signs multi-million-dollar deals in Congo
China's new President Xi Jinping on Friday signed deals worth several million dollars with his Congolese counterpart in sectors as varied as banking and infrastructure, on the final leg of his three-nation Africa tour.
BRICS stumble in plan for bank to challenge West
Leaders from the BRICS group of emerging powers on Wednesday failed to launch a much-anticipated new development bank to rival Western-dominated institutions like the World Bank.
Bank deposits of Kazakhstan residents exceed their salaries
Kazakhstan residents are saving more money on their bank accounts than they officially earn.
There are no deposits of Kazakhstan citizens in Cyprus banks: Marchenko
We don't see any deposits of Kazakhstan legal entities or individuals in Cyprus banks and our banks have no relations with Cyprus banks: Marchenko.
'Superhuman' efforts made to open Cyprus banks: governor
"Superhuman" efforts are being made to reopen banks in Cyprus on Thursday, as protests and uncertainty over the island's top lender showed a huge bailout has not ended its troubles.
Cyprus banks to stay shut as world markets take fright
Cyprus reversed course and decided to keep its banks shut as world markets took fright at the implications for the eurozone of the island's 10-billion-euro bailout deal with international creditors.
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.
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.
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.
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.
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).
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.
Almaty citizens owe $10 billion to banks
63 percent of all the loans in Kazakhstan are concentrated in Almaty; overdue loans exceed $10 billion.
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.
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.
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.
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.
