Latest in Tag: Banking Highlight

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Latest in Tag: Banking

UAB reviews banking risks in de-Risking Forum 

The Union of Arab Banks (UAB) will hold a de-Risking Forum entitled “Enhancing the Supervisory and Regulatory Frameworks Related to Correspondent Banking—de-Risking” from 19 to 21 August at the Grand Rotana Hotel in Sharm El-Sheikh. The UAB explained that this forum will shed light on the key challenges that are currently facing Arab and correspondent …

Hossam Mounir

Greek banking stocks plunge again

Greece’s banking stocks have plunged for the second day in a row, almost reaching the 30 percent daily limit for losses only minutes after trading began. That limit was reached Monday, compounding Athens’ financial woes. The Athens stock exchange’s banking index, which measures the value of Greece’s four largest lenders, dropped 29.2 percent on Tuesday …

Deutsche Welle