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A little more than one year after the financial crisis brought the economy to a standstill -- threatening nearly every firm on Wall Street -- one thing is clear: the Street should be thanking its lucky stars.
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Nov. 26 (Bloomberg) -- Kenyan banks have remained resilient amid the global financial crisis, strengthening the case for the lenders to cut borrowing costs and help boost economic growth, Central Bank of Kenya Governor Njuguna Ndung’u said.
One of the features that singles out the Warwick Commission on International Financial Reform, which publishes its final report on Friday, is that while other expert groups tiptoe around it, we have been able to point to the true source of the worst financial crisis since the 1930s: regulatory capture and boomtime politics.
John Gapper: The financial crisis has come full circle. Having started in Florida, home of speculative property development and sub-prime lending, it is culminating in Dubai, the most fragile of the United Arab Emirates.
Price manipulation and insider trading by companies were on the increase in South Africa this year due to the global financial crisis, it was confirmed on Thursday.
Global markets had their biggest collective fright since the chaos of the financial crisis as fears that Dubai could default on its debt gripped investors.
The current global financial crisis has allowed China's healthy and active banking community to step into the spotlight to become more active in the global aircraft lending arena, said Foster Arata, Boeing Capital Corporation's vice-president and senior managing director for Asia Pacific and Greater China Region.
A visit to the Wall Street four months ago by Marbecks managing director Roger Harper led to the mall being chosen for the company's new concept store.
Nov. 26 (Bloomberg) -- BHP Billiton Ltd. , the world’s largest mining company, has been surprised by the rapid recovery in China’s economy after the global financial crisis curbed prices and cut demand.
Australia’s top bank regulator has warned that the hubris starting to stir in the banking sector needs to be quashed despite Australia's lenders emerging from the global financial crisis relatively unscathed.
Lloyds Banking Group investors overwhelmingly approved the bank's record rights issue but gave executives a grilling for mistakes made during the financial crisis.
LLOY.L ) investors on Thursday overwhelmingly approved the bank's record rights issue but gave executives a grilling for mistakes made during the financial crisis.
Nov. 25 (Bloomberg) -- Emirates Airline said it agreed “under protest” to raise fares on certain routes after the company was ordered to do so last week by the German government, the Wall Street Journal reported.
Nov. 26 (Bloomberg) -- Billionaire investor George Soros, former U.S. Secretary of State Madeleine Albright and banker Jacob Rothschild joined a London-based private-equity fund in a project to buy mobile phone masts in Africa, the Wall Street Journal reported, citing Helios Investment Partners.
MATT RAINEY/THE STAR-LEDGERThe Prudential buliding in Newark, N.J. is shown on Nov. 11, 2009 during a Veterans' Day ceremony.Having emerged from the financial crisis with plenty of capital, Prudential Financial may be in a better position than many of its...
GENEVA: Central bankers yesterday issued recommendations aimed at limiting the spillover impact when international banks are being wound up, in a bid to prevent a repeat of the financial crisis.
