Saturday 2 August 2014

Last-minute Cyprus deal; heavy loss for big depositors

  Cyprus clinched a last-ditch deal with international lenders to shut down its second largest bank and inflict heavy losses on uninsured depositors, including wealthy Russians, in return for a 10 billion euro ($13 billion) bailo


Invesco ties up with Citibank in Egypt

Invesco Asset Management Limited, part of Invesco Ltd, one of the largest independent investment management organistions, has signed a distribution agreement with Citibank in Egypt. Invesco has been present in Dubai for three years and al

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