Brussels: Global regulators may trim their list of 29 too-big-to-fail banks earmarked for capital surcharges, according to two people familiar with the talks.
Brussels: Global regulators may trim their list of 29 too-big-to-fail banks earmarked for capital surcharges, according to two people familiar with the talks.
The Financial Stability Board is scheduled to agree on an update of the list at a meeting next week in Tokyo, according to the people, who asked not to be identified because the talks aren’t p
Abu Dhabi: Etihad Airways recorded $1.3 billion in revenue for the third quarter of this year, up 19 per cent from the same period last year on the back of strong passenger growth for the period, the carrier said in a statement on Sunday.
It further said it is “confident of full-year profitability” despite challenging global economic e
London: Britain’s banks could need up to £22 billion (Dh132.2 billion) more capital if regulators follow through with threats to change the risk weightings they apply to mortgages in assessing the size of their loan books, analysts have estimated.
Morgan Stanley analysts said they expect banks to be told to increase the risk weightings they apply
Dubai: As part of the UAE’s ongoing campaign to generate support for the country’s bid to host the 2020 World Expo in Dubai, staff from the Dubai Events & Promotions Establishment (DEPE) this week participated in an interactive workshop facilitated by the Expo 2020 bid team.
DEPE, an agency of the Dubai Department of Economic Development, is
Tehran: Iran on Saturday sought to reverse a collapse of its currency by imposing a fixed dollar rate, days after protests erupted over the rial’s plunge, according to money changers who were refusing to comply.
The order came as ordinary Iranians struggle with growing economic problems that have caused a big jump in daily prices.
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