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News

13 Oct Mashreqbank’s CEO to become chairman, Q3 net profit falls

Posted at 14:08h in News by KMFSLLP 0 Comments

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Dubai's Mashreqbank said on Monday its long-standing chief executive would become chairman, with the head of its corporate and investment bank taking over as CEO.

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13 Oct UPDATE 1-BoE’s Cunliffe moots more bank capital firepower for downturns

Posted at 13:32h in News by KMFSLLP 0 Comments

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The Bank of England may need to make its main tool to smooth out swings in bank lending more powerful to combat future economic downturns if interest rates stay low for a long time, Deputy Governor Jon Cunliffe said on Monday.

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13 Oct Ministry of Justice scraps proposed rise in probate fees

Posted at 13:23h in News by KMFSLLP 0 Comments

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Move to raise charges on estates of deceased from £215 up to £6,000 had been dubbed a ‘death tax’

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13 Oct Is a Brexit deal still in sight?

Posted at 13:14h in News by KMFSLLP 0 Comments

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Last week’s excitement has been damped by European Commission doubt over Johnson’s proposal

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13 Oct Queen’s Speech: Johnson renews vow for Brexit on October 31

Posted at 13:14h in News by KMFSLLP 0 Comments

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13 Oct UPDATE 3-Buyout firm Thoma Bravo adds Sophos to its cybersecurity chest with $3.8 bln deal

Posted at 13:12h in News by KMFSLLP 0 Comments

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* Sophos is Thoma Bravo's latest cybersecurity deal (Adds Sophos CEO comments, analysts comments)

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13 Oct UPDATE 3-Trio wins economics Nobel for fighting poverty

Posted at 13:08h in News by KMFSLLP 0 Comments

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* Nobel committee cites impact on schoolchildren (Releads with reaction, more details)

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13 Oct UPDATE 1-Russian central bank signals rate cut with an eye on U.S. Fed

Posted at 12:28h in News by KMFSLLP 0 Comments

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The Russian central bank sent a clear signal on Monday that it would cut interest rates soon, saying that expected monetary easing by the U.S. Federal Reserve should justify rate cuts in Russia.