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Financial Services

New Zim coins now in circulation

Dec 18 2014 10:23

Zimbabwean banks have already started circulating the Reserve Bank of Zimbabwe’s imported bond coins, expected to ease the country's small change problem.

Financial Services

Banking body welcomes new Zim coins

Dec 14 2014 09:14

The Bankers Association of Zimbabwe says it welcomes the introduction of the new bond coins and that this will not affect change current banking limits.

Financial Services

EU shines light on dirty money

Dec 17 2014 14:00

The European Union has agreed on rules to stamp out tax evasion and stop dirty money from being channelled through anonymous companies.

Financial Services

Bank of Cyprus begins trading with a bump

Dec 16 2014 16:45

Cyprus's largest lender has returned to the Nicosia and Athens stock markets after a 21-month absence following a banking crisis.

Financial Services

UK warns of tougher bank stress tests ahead

Dec 16 2014 16:14

The Bank of England has warned Britain's banks they should expect a more exacting test next year of their defences in the event of a crisis abroad.

Financial Services

New EU insurance rules seen spurring deals

Dec 16 2014 13:47

New, stricter capital rules for Europe's insurers could spur takeovers and consolidation among the region's 5 000 insurers after recent stress tests.

Financial Services

Bank of England stress tests pass rate

Dec 16 2014 12:38

All Britain's main banks would be able to withstand a sharp fall in house prices, other than the troubled Co-operative Bank, says the Bank of England.

Financial Services

UK watchdog bans man for fare dodging

Dec 15 2014 18:18

A former BlackRock investment manager has become only the second person to be banned for personal dishonesty by Britain's financial watchdog.

Financial Services

MMI targets richer clients with Imara buy

Dec 15 2014 13:12

Financial services group MMI Holdings is to buy a local stock brokerage house from Botswana's Imara Holdings to increase its exposure to wealthier investors.

Financial Services

Aus central bank staff safe amid hostage drama

Dec 15 2014 08:36

Reserve Bank of Australia headquarters in Sydney's Martin Place are locked down with everyone safe inside, according to a spokesperson.

Inside Fin24.com

 
Financial Services

Hostage crisis forces Sydney bank closures

Dec 15 2014 07:22

Banks have closed their Sydney CBD branches as police have surrounded a cafe in Martin Place, home to the Reserve Bank of Australia, where hostages are being held.

Financial Services

Badri: Opec has no target price

Dec 14 2014 12:00

Opec's secretary-general says he believes Gulf countries should continue to invest in exploration despite oil hitting a five-year low.

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