Many UK banks suspend trading Qatari rialSeveral British banks have suspended trading Qatari riyals for retail customers, as the extended diplomatic crisis in the Gulf puts growing pressure on the currency, according to Emirati news agency Wam. More… |
ADCB Q4 net profit surges 30pc, shares upAbu Dhabi Commercial Bank (ADCB) posted a 30-per cent rise in fourth-quarter net profit, Reuters calculations showed on Thursday, sparking a late rally in the lender's stock. ADCB, the third largest bank in Abu Dhabi by market value, h More… |
New bank may join Northern Rock bidNew British bank venture NBNK is interested in joining the bidding for state-owned lender Northern Rock, sources said. The move raises the possibility that NBNK could combine Northern Rock with around 630 Lloyds bank branches it is also ey More… |