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Azamat Joldasbekov. ©Yaroslav Radlovsky
Azamat Joldasbekov appointed Temirbank Board Chariman

Azamat Joldasbekov has been appointed the new Chairman of the Board of Directors of Temirbank.

Azamat Joldasbekov appointed Temirbank Board Chariman
©Yaroslav Radlovsky
Kazakhstan central bank suspends BTA Bank's currency exchange license

Kazakhstan National Bank has suspended the license of Kazakhstan-based BTA Bank for exchanging transactions of foreign currency cash.

Kazakhstan central bank suspends BTA Bank's currency exchange license
©Reuters/Mike Blake
Morgan Stanley sells oil trading assets to Rosneft

Investment bank Morgan Stanley Friday announced plans to sell part of its commodity business to Russian oil giant Rosneft for an undisclosed sum.

Morgan Stanley sells oil trading assets to Rosneft
Photo a courtesy of Vesti.kz
Temirbank appoints new CEO

The board of directors of Temirbank decided to terminate the CEO Murat Baisynov early.

Temirbank appoints new CEO
EU finance ministers reach banking union deal
EU finance ministers reach banking union deal

EU finance ministers Wednesday reached a banking union accord which will hand Brussels unprecedented new powers to prevent failing banks from wrecking the economy, official sources said.

EU finance ministers reach banking union deal
Eurozone ministers make progress on Banking Union
Eurozone ministers make progress on Banking Union

Eurozone finance ministers said early Wednesday they had made progress on a new bank regulatory system, especially on the funding of a mechanism to close failing banks before they damage the economy.

Eurozone ministers make progress on Banking Union
Bulat Utemuratov. Photo a courtesy of kursiv.kz
Billionaire Utemuratov buys two Kazakhstan banks

Kazakh billionaire Bulat Utemuratov has finalized the deal to purchase Alliance Bank and Temirbank from Samruk-Kazyna Sovereign Wealth Fund.

Billionaire Utemuratov buys two Kazakhstan banks
Slovenia's Prime Minister Alenka Bratusek. ©Reuters/Srdjan Zivulovic
Slovenia to receive banking bailout bill

Slovenia is to learn later this week if it has enough money to shore up its banks on its own or become the latest eurozone country to need outside help.

Slovenia to receive banking bailout bill
Chinese investors look to mine Bitcoin volatility
Chinese investors look to mine Bitcoin volatility

Chinese speculators have seen Bitcoin values plunge, soar and plunge again within days, but say the virtual currency's extreme volatility is a profit opportunity despite the white-knuckle ride.

Chinese investors look to mine Bitcoin volatility
Yelena Bakhmutova. Photo © Yaroslav Radlovsky
Temirbank and Alliance Bank sales: decision to be reached this year

The decision on sale of Temirbank and Alliance Bank will be finalized by the end of the year.

Temirbank and Alliance Bank sales: decision to be reached this year
Nurlan Kussainov. ©kdb.kz
Nurlan Kussainov resigns as Development Bank of Kazakhstan CEO

Nurlan Kussainov has resigned as CEO of the Development Bank of Kazakhstan (DBK).

Nurlan Kussainov resigns as Development Bank of Kazakhstan CEO
BoJ holds fire on stimulus, says economy recovering
BoJ holds fire on stimulus, says economy recovering

The Bank of Japan on Thursday held off announcing any fresh measures to stimulate the economy, saying it was "recovering moderately" and that efforts to stoke inflation were taking hold.

BoJ holds fire on stimulus, says economy recovering
Photo courtesy spb.aif.ru
Kazakhstan considers Personal Bankruptcy law

Kazakhstan is considering adopting a personal bankruptcy law.

Kazakhstan considers Personal Bankruptcy law
Japan October trade deficit nearly doubles on energy bills
Japan October trade deficit nearly doubles on energy bills

Japan's October trade deficit nearly doubled from a year ago, official data showed Wednesday, as soaring post-Fukushima energy bills eclipsed an improving export picture.

Japan October trade deficit nearly doubles on energy bills
©Reuters/Andrew Winning
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.

Drugs scandal rocks Britain's troubled 'ethical' bank
WTO to open access into Kazakhstan for telecom companies and banks
WTO to open access into Kazakhstan for telecom companies and banks

Joining the WTO will affect the telecommunication services rates in Kazakhstan.

WTO to open access into Kazakhstan for telecom companies and banks
Photo  ©Рia Novosti
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.

Spanish court confirms intention to extradite Ablyazov’s Security Chief
©Reuters/Shohei Miyano
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.

Japan bank to punish executives over loans to gangsters: reports
©kapital.kz
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.

Temirbank robbed in Almaty
Obama picks 'exceptionally qualified' Yellen for Fed
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.

Obama picks 'exceptionally qualified' Yellen for Fed