Kazakhstan’s BTA Bank announced on April 23 that it would cease debt principal repayments.
The use of collateral in privately negotiated derivatives transactions rocketed by 86% in 2008, a survey reveals.
Despite problems in credit markets, financiers appear committed to supporting the many improvements required in Nigeria's infrastructure sector, write Kevin Godier and Jon Marks.
The World Bank plans to kick-start trade flows in developed markets
Retail banks embracing social media.
UK supermarket giant Tesco is to target the banking business.
Standard and Poor's (S&P) has downgraded its outlook on Nigeria from stable to negative.
Germany has moved to privatise one of the country's major specialist lenders.
Multilateral lenders in the CEE have joined forces to help the region's most vulnerable banks.
The Chicago Mercantile Exchange (CME) is to delay the launch of CME Clearing.
As the global economy slows, Asian companies increasingly value efficient cash management.
The UK regulator has proposed the biggest shake-up in banking regulation for decades.
South Africa is to double borrowing this year to fund a huge infrastructure programme. Finance minister Trevor Manuel announced a budget deficit equivalent to 3.8% of the GDP of Africa’s biggest economy.
Taiwanese officials announced last month that the country is facing its worst recorded contraction.
