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Rules published this week by the Basel Committee on Banking Supervision in its third and final consultative paper will replace a set of rules from 1988, so-called Basel I. Basel I enshrined a way for banks to assess credit risk,...
#bank#banks#credit risk
Ronson plc announced its interim results to 31 December 2002 and declared a pre-tax profit of Ј15,000 and overall turnover…
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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
John Verrill, the president of the Association of Business Recovery Professionals(R3), the body representing insolvency practitioners and company doctors, slammed…
#banks#insolvency#Paid
A small bank in Norway is suing accounting giant KPMG after losing NOK 125 million on the bankruptcy of factor…
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Muscat Finance Co Ltd, which is operating in three main areas such as retail financing, equipment leasing and factoring and…
#banks#capital requirements#international
The company registered good financial performance in the nine-month period ending December 2002. The funds deployed during this period grew…
#banks#interest#interest rate
Bankruptcies in Japan fell about 5 per cent in the last business year, according to independent research firm Teikoku Databank,…
#bankruptcy#banks#economic recovery
One of Lithuania's largest banks has come under nominal control of a little-known Russian financial institution, leaving industry insiders to…
#3M#bank#banks
German business bankruptcies rose 16 per cent last year in another token of the country's gloomy economy, government data showed.…
#bankruptcy#banks#economy
HVB Bank Hungary will offer subsidised loans to local small- and medium-sized enterprises (SMEs) under an agreement signed with the…
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The spiralling number of local businessmen going bankrupt has caused the Brunei Malay Entrepreneurs to ask the government for a…
France's main banking regulator approved a Ђ19.5bn (US$21.2 bn) merger between Credit Agricole and Credit Lyonnais on condition the banks…
#bank#banks#Credit Agricole