Safer financial system to come at a cost
The Reserve Bank Governor has warned that the cost of international banking regulations prompted by the global financial crisis will be passed onto bank customers and shareholders.
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Finance News- Uranium major Niger urged to review contractsNIAMEY (Reuters) - The new junta ruling in Niger, one of the world's biggest uranium producers, should review and possibly renegotiate dozens of resource exploitation contracts, civil rights groups said on Saturday. […]
- Swisscom CEO says Fastweb victim of fraud: reportZURICH (Reuters) - The chief executive of Swisscom AG said Fastweb was a victim of fraud, a Swiss paper reported on Saturday, the second time the CEO has come out in defense of his company's subsidiary. […]
- UBS may return to commodities in 2010: reportZURICH (Reuters) - UBS is considering possibly returning to its commodities business this year, some of which it sold during the financial crisis, a Swiss newspaper said on Saturday, citing the co-head of UBS's investment bank. […]
- Kuwait Dar seeks legal protectionKUWAIT (Reuters) - Kuwait's Investment Dar , which owns half of British carmaker Aston Martin, is applying for support under a government facility set up for troubled companies as part of a debt-restructuring plan. […]
- German finance ministry unaware of Greek bailout dealBERLIN (Reuters) - The German Finance Ministry said on Saturday it was not aware of any agreement by euro zone members to provide a multi-billion euro bailout package for heavily indebted Greece. […]
- Nortel sales decline as customers cut spendingNEW YORK (Reuters) - Bankrupt Nortel Networks Corp on Friday posted a 62 percent drop in quarterly revenue, as customers cut spending in the face of uncertainty about its bankruptcy proceedings and the shaky economy. […]
- Uranium major Niger urged to review contracts
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