The credit crisis dealt a crushing blow to irresponsible lending. Many prudent sharia banking players, like the Jordan Islamic Bank (JIB), emerged unscathed. Since then, JIB has upped market share and deposits ñ a huge achievement given a highly demanding backdrop

The problems facing the common currency are numerous, says Peter Ingenlath

Developing countries are attracting and contributing to a growing share of global investment, write Pierre Guislain and Peter Kusek

Well over a year in office, it’s clear that President Obama will win his battle to tear down Wall Street and replace it with a much more people-friendly banking community, writes Selwyn Parker

Budget deficits will increase transfer pricing controversy, writes Danny Oosterhoff

Access to reliable data and professional tools opens the world of international trading to the active trader

Banco Inbursa, Mexico’s leading commercial bank, are
making real gains in retail

EU leaders have agreed tighter sanctions against Iran, including measures to block investment in the oil and gas sector and curtail refining and natural gas capability

Japan’s ruling Democratic Party has vowed to fix the country’s tattered finances and pledged to seek a decision on tax reform quickly, paving the way for a likely hike in a politically sensitive consumption tax. In their campaign platform for a July 11 upper house election, the Democrats also vowed to do their best to […]

Japanese Prime Minister Naoto Kan said that doubling the five percent sales tax was an option to curb the country’s massive debt, as his Democratic Party shifted its platform gears ahead of a July 11 election

New US claims for jobless aid rose this month while consumer prices notched their largest decline in nearly eighteen months in May, suggesting interest rates will remain ultra low to nurse the fragile economic recovery

British oil and gas company Fairfield Energy said it planned to raise $450-$500m to build its North Sea business in a July listing on London’s main market

German Chancellor Angela Merkel appealed to the rest of the EU to unite behind plans for a levy on the banks she blames for the economic crisis, but deep divisions remained over how and when to impose it

The Bank of England has received “supportive” feedback from banks about proposals to increase the transparency of asset-backed securities it will accept as collateral in exchange for providing liquidity, a bank official has announced

Thousands of creditors of bankrupt US investment bank Lehman Brothers owed about $22bn will be offered earlier cash payments if they are willing to accept lower valuations on their claims. PwC, which is in charge of the collapsed bank’s main European operations, said that the majority of claims should be agreed by the end of […]