10/29/2012

Standard Chartered profit up

Asia-focused bank Standard Chartered Plc said its operating profit grew by a mid-single digit rate in the first nine months of the year, keeping it on track for a 10th straight year of record earnings.

10/28/2012

Swiss private banks feel heat from the east

Switzerland, which has built up a reputation for financial discretion through its system of private banks, could lose this dominance to the Asia-Pacific region by 2020, according to a new report.

10/28/2012

Italy's top bank turns vaults into Milan art museum

Palazzo Beltrami, a superb Milanese building which blends Neoclassical style with eclectic features, was built in 1911 as a prestigious new head office for Banca Commerciale Italiana, now part of domestic bank giant IntesaSanpaolo.

10/28/2012

Merrill Lynch bankers seek new posts

A scramble for jobs has started ahead of the merger with Julius Baer, which is complicated by sector lay-offs due to the economic climate

10/25/2012

Deutsche Bank Members of compensation panel announced

As announced in September the panel´s objectives include benchmarking the Bank´s compensation systems against industry best practice and against current and intended regulatory requirements; formulating core principles and minimum standards fo

10/25/2012

Qatar expanding in to European banks

"Europe suffers from economic recession and aims at attracting foreign investors, and Qatar is one of the countries that can benefit from these opportunities.”