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Last-minute Cyprus deal; heavy loss for big depositorsCyprus 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 More… |
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Invesco ties up with Citibank in EgyptInvesco 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 More… |
