banking

British bank Barclays.. profit hit by costs, impairments

British bank Barclays on Tuesday unveiled a 16-percent drop in net profit for the third quarter on souring loans and rising costs,...

ECB set to hold rates as inflation drifts downwards

For the first time in over a year, European Central Bank policymakers are expected to decide against raising interest rates again when...

HUAWEI AppGallery Collaborates with Top Banking Apps in KSA

In an era of rapid technological advancement, Huawei Mobile Services (HMS) has emerged as a trailblazer in forging collaborative relationships with some...

French authorities raid banks in massive tax fraud case

French authorities raided five banks on Tuesday as part of an investigation into suspected cases of massive tax fraud and money laundering,...

European bank shares rebound, Deutsche Bank up 5.25%

Shares in European banks surged on Monday, with Deutsche Bank jumping more than five percent after sinking last week on persistent concerns...

ECB official: ‘Strong trust’ in eurozone banks

Frankfurt, Germany/AFP Depositors still have "strong trust" in eurozone lenders, a senior European Central Bank official said Tuesday, seeking to calm nerves after...

Farnek increases its market share in banking sector with new annual FM contracts worth over AED12 million

: Leading UAE-based smart and green facilities management (FM) company Farnek has expanded its reach in the key banking sector, with a...

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