ICBC opens new branch in Abu Dhabi
By New Statesman - 15 November 11:50

New Industrial and Commercial Bank of China opening follows new branches in Dubai and Doha.

Crawford & Company Italia in talks to acquire Studio Bolton & Associati
By New Statesman - 15 November 11:22

Claims management solutions provider is seeking to acquire professional liability business.

21st Century's third quarter loss narrows
By New Statesman - 15 November 11:10

21st Century Holding reports $1.3m net loss compared to $4m for third quarter last year.

Swedbank to acquire remaining 49 per cent stake in First Securities
By New Statesman - 15 November 11:01

Swedish financial services firm gains remaining share of Norwegian investment management firm for $9

Top banks in talks about cutting bonus payments
By New Statesman - 15 November 8:10

British Bankers' Association considers collective reduction of bonus pay-outs.

Swiss Re introduces index-based insurance program for Vietnam rice farmers
By New Statesman - 12 November 12:18

Insurance programme to allow rice farmers to gain insurance against inability to repay loans due to

United Insurance third quarter loss narrows
By New Statesman - 12 November 12:12

United Insurance Holdings reports net loss of $316m, compared to $734m in same quarter last year.

Deutsche Bank to offer low latency Sponsored Access to Nasdaq OMX Nordic exchanges
By New Statesman - 12 November 12:07

Sponsored access allows direct connection to high-speed electronic exchanges.

Charles Schwab acquires Windward Investment Management
By New Statesman - 12 November 12:01

Windward Investment Management acquired for $150m cash and stock.

Prudential lays off 70,000 in India
By New Statesman - 11 November 12:32

Workforce in the sub-continent decreases by 28 per cent

Towers Watson to acquire EMB's global operations
By New Statesman - 11 November 11:29

The acquisition will expand the Towers Watson's software portfolio

A gilded plea for peace
By Alex Preston - 11 November 7:32

Robert Zoellick’s “call” for a return to the gold standard was a proxy, an attempt to fend off a fig

Marsh signs agreement with Anglo Arab Insurance Brokers to boost offering in Iraq
By New Statesman - 10 November 10:03

Company is sole international broker licensed and registered to operate in Iraq with offices across

Gartmore to go on sale as Roger Guy resigns
By New Statesman - 09 November 12:07

Company engages Goldman Sachs to undertake a strategic review of its options

Lincoln Financial records third quarter income rise
By New Statesman - 05 November 13:10

Revenue for the third quarter was $2.61bn.

Hanover third quarter net income up
By New Statesman - 05 November 13:03

Hanover Insurance Group reports $52.3m net income.

RBS back in the red
By New Statesman - 05 November 12:39

Royal Bank of Scotland reports £1.4bn pre-tax loss for third quarter.

Hands loses fraud suit against Citigroup
By New Statesman - 05 November 12:35

Judge Rackoff describes suit as "a catfight between two rich companies".

Northern Rock chief to get £82,000-a-month to do nothing
By New Statesman - 05 November 12:22

Hoffman to enjoy six months' 'gardening leave'.

New Lloyds chief to get £8.3m pay package
By New Statesman - 04 November 12:35

George Osborne approves £1m salary, with £2m bonus partially dependent on lending to small businesse

Citigroup may sell $570m stake in CVC Capital Partners
By New Statesman - 04 November 12:09

Company still 12% state owned

LSE says glitch in trading platform may have been 'sabotage'
By New Statesman - 03 November 11:54

Spokeswoman admits that "human error" may be "suspicious"

MasterCard posts third quarter profit rises
By New Statesman - 03 November 10:59

The company reported a net revenue of $1.43bn for the third quarter of 2010.

GE Capital to sell 18.6 per cent stake in Garanti Bank to BBVA
By New Statesman - 03 November 10:54

GE will receive $3.77bn and retain 2.25 per cent of Garanti shares.

Sumitomo Mitsui Financial appoints Citi as depositary bank
By New Statesman - 02 November 11:00

Citi's Global Transaction Services to act as depository bank for NYSE-listed company.

BLME launches new Sharia'a compliant FX trading platform
By New Statesman - 28 October 12:07

New trading platform to allow overseas transactions in multiple currencies in a Sharia'a compliant e

BNY Mellon Shareowner Services, Equiniti to form strategic alliance
By New Statesman - 28 October 11:59

Alliance to enable greater product offerings to both firm's clients.

Don’t let the banks break the levy
By Alex Preston - 28 October 8:21

George Osborne’s new tax is a milestone in financial-sector regulation. But banks may seek to use it

Northern Rock chief executive to leave for new venture
By New Statesman - 27 October 13:51

Hoffman, who replaced Adam Applegarth in 2008, has reportedly signalled his intention to leave.

Basel III not enough to stop another crisis, according to Mervyn King
By New Statesman - 26 October 15:04

The governor criticised banks' dependency on short-term credit to fulfill funding requirements.