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Global Analysis

ECB holds rates steady despite euro strength

The European Central Bank (ECB) held interest rates steady at its monthly policy meeting on today (8 May 2003) despite suggestions the impact on inflation of the euro's recent strength would give it leeway to ease policy. The bank's key...

#bank#Boost#inflation

Gerling NCM on WatchNeg pending sale by GKB

Standard & Poor's Ratings Services has commented on the CreditWatch status of the credit insurance group Gerling NCM Credit and…

#bank#DEC#Deutsche Bank


Swiss Re and Deutsche Bank consortium to acquire 90%...

Swiss Re, Deutsche Bank, Sal. Oppenheim and Gerling have today (7 May 2003) signed a contract reorganising the ownership of…

#bank#Deutsche Bank#management


The Institute for Factors and Discounters of Australia and...

Read the minutes of the IFD meeting held on 13 March 2003 held at the IFD offices, Sydney including: Welcome…


Euler shows disappointing results

One of the world’s largest credit insurers has seen either falls or only sluggish growth in its turnover in most…

#economy#interest#interest rates


Asiagate online regional credit information network announced

An Asian information network known as Asiagate, a regional credit information network, will be launched to provide a one-stop centre…


EU launches new fund for Asian countries

The European Union (EU) has launched a new fund called Asia Invest-II (2003-07) aimed at promoting business cooperation between EU…

#investment#smes


Asia Development Bank forecasts healthy growth for the region...

Despite the presence of the SARS epidemic in the region, the Asian Development Bank said its 41 members’ economies would…


Gerling gets injection of Ђ180m fresh funds as Deutsche...

Deutsche Bank and Swiss Re are to pump a combined Ђ180m (US$198m) of fresh funds into Gerling, the embattled insurance…

#bank#banks#Deutsche Bank


Moody's runs the rule over the Coface Group and...

Moody's today assigned its Aa3 insurance financial strength ratings to the main operating entities of the Coface Group (Coface SA,…


Deutsche Bank close to giving up on stake in...

After struggling for more than a year to sell its stake in Gerling, the crumbling insurance concern, Deutsche Bank is…

#bank#Deutsche Bank#insurance


Progress in the sale plans for Gerling NCM

Gerling-Konzern, the struggling German insurance group, is reported finally to be making some headway in the planned sale of Gerling…

#bank#Deutsche Bank#insurance

Margrith Lьtschg-Emmenegger joins FIMBank

Margrith Lьtschg-Emmenegger, formerly MD and global head of forfaiting at WestLB in London has decided to call it a day…

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