Banking & Finance
HSBC under fire over leading role in land deals for Mubarak regime
HSBC faces accusations that it helped to enrich senior Egyptian political and business figures now at...
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SBP decides to increase SLR for Islamic Banks
KARACHI: The State Bank of Pakistan (SBP) has decided to increase the Statutory Liquidity Requirement (SLR)...
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Mobile company, UBL join hands to provide easy to use mobile financial services
ISLAMABAD: United Bank Limited (UBL) and mobile company Tuesday joined hands to bring easy access to...
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THE RUPEE: dollar moves both ways
KARACHI : Mixed trend was seen on the currency market on Monday as the rupee moved...
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SBP advises public to exchange old-design Rs.500 banknote by Sept 30th
ISLAMABAD: The State Bank of Pakistan has again advised the general public to exchange the old-design...
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States reach insurance agreement with John Hancock
SACRAMENTO, Calif. – Nearly two dozen states have reached an agreement with John Hancock Life Insurance...
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THE RUPEE: no big gap in kerb, interbank rates
KARACHI : As a result of high inflows of dollar there was no major difference between...
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JPMorgan to pay $800mn in Lehman bankruptcy case
NEW YORK: US banking giant JPMorgan Chase agreed Thursday to pay some $800 million to settle...
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Faysal Bank’s profits down
KARACHI: The profit after tax of Faysal Bank Ltd has declined to Rs 241.258 million for...
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Afghan banker: 5 percent of Kabul Bank loans paid
Afghanistan: Afghanistan has stepped up efforts to recover hundreds of millions of dollars in fraudulent loans...
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China central bank chief says tightening to continue
BOAO - China’s monetary policy tightening will continue for some time because inflation remains higher than...
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