EU seals deal on banks watchdog, ahead of end-of-year summit
The European Union agreed early Thursday to create a bank supervisor to oversee lenders across the eurozone, following marathon talks which ended hours before the year's final EU summit.
Majilis approved law on state educational deposits
Kazakhstan Majilis approved a law to introduce a state educational deposits system in Kazakhstan.
S. Korea vows 'aggressive' defence against Lone Star claim
South Korea said it would "aggressively" defend itself Thursday after a US private equity firm initiated arbitration of a damages claim arising from the sale of its stake in a Korean bank.
BoJ holds off fresh easing despite calls for action
The Bank of Japan held off launching fresh easing measures on Tuesday, despite growing calls for further stimulus to spur the economy and as it warned of a "high degree of uncertainty".
Moody's warns on Italy's banks
Rating agency Moody's warned Monday that Italy's banks face worsening conditions over the coming year with asset quality declining, low profitability, and poor access to markets for funds.
US not ready for Basel III bank rules: Treasury
The US Treasury announced Friday that it would not implement the Basel III rules for strengthening banks on January 1, saying the banks were not yet ready to meet the tougher capital standards.
Spain blocks ECB nominee as gender row deepens
Spain blocked Monday the appointment of another man to the all-male ECB's executive board but a source said Madrid's decision was motivated by a desire to regain influence at the top of the eurozone's central bank.
Citi fined $2 mn over Facebook IPO leak
US banking giant Citigroup paid a $2 million fine to a state regulator and fired a junior analyst over a probe into leaks of confidential information on Facebook's public offering.
Sarkozy resurfaces at New York bank conference
Five months after losing re-election, an unshaven French ex-president Nicolas Sarkozy appeared Thursday at a New York banking conference and reportedly said he looked forward to a "new life."
IDB told about development of Islamic financing in Kazakhstan
Chairman of ICD told about the plans for Islamic financing in Kazakhstan at the 3rd Kazakhstan conference on Islamic Financing.
US sues Wells Fargo for mortgage fraud
The US filed suit Tuesday against US banking giant Wells Fargo, alleging mortgage fraud that cost the government hundreds of million of dollars after the holders of the home loans defaulted.
Arab and LatAm leaders agree to investment bank
Latin American and Arab leaders agreed to form a joint investment bank during a summit in Peru at which they also discussed the increasingly bloody civil war in Syria.
Kazakhstan residents prefer loans in tenge
According to the National Bank, of Kazakhstan the share of the loans issued in tenge exceeded 68 percent and made over 6.4 trillion tenge ($42 billion) as of September.
Kazakhstan residents have almost $32 billion on bank deposits
A majority of the deposits is registered in Almaty: over 2.1 trillion tenge ($14 billion) or 45 percent of the total amount.
Fresh calls for inquiry into Australian currency scandal
New documents reportedly showing that Australia's central bank knew about a banknote bribery scandal before it became public raised fresh calls Wednesday for an inquiry into the allegations.
MasterCard has first swipe in Myanmar
MasterCard on Thursday said it had signed a deal with a Myanmar bank that it hopes will pave the way for electronic payments, in an impoverished country where most transactions are made in cash.
Bernanke signals desire for more Fed stimulus
US Federal Reserve Chairman Ben Bernanke expressed deep worry over the US economy Friday and argued for fresh action to stimulate growth from the central bank.
Brazil set to cut interest rate to new record low : analysts
Brazil's central bank is set this week to announce its ninth interest rate cut to a record low of 7.5 percent, in a bid to revive sluggish economic growth.
German region to buy more Swiss tax cheat data
The German region of North Rhine-Westphalia will continue to buy data on people suspected of stashing assets in Swiss banks to avoid taxes, the state premier was quoted as saying on Sunday.
Kazakhstan bank closed its office in London
Kazkommertsbank closed down its representative offices in Great Britain and Northern Ireland on June 1, 2012.
