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Tag: bank
Reserve Bank of India: Inflation hawk Urjit Patel to take top job
2016-08-21 10:37:43| BBC News | Business | UK Edition
Urjit Patel, a former Yale University economist with a reputation as a hawk on inflation, is appointed governor of India's central bank.
Co-operative Bank warns of Brexit impact
2016-08-18 09:07:25| BBC News | Business | UK Edition
Co-op Bank says the impact of economic uncertainty and low interest rates following the UK's vote to leave the EU may hamper its revenue growth.
Tags: impact
bank
cooperative
warns
Bank of England bond buying plan back on track
2016-08-16 17:08:48| BBC News | Business | UK Edition
The Bank of England successfully buys government bonds as part of its 60bn buy-back programme, a week after failing to find enough sellers auction
Oi negotiates extension of BRL 14 bln in bank debt - report
2016-08-15 09:15:00| Telecompaper Headlines
(Telecompaper) Brazilian operator Oi is close to reaching a tentative agreement with banks to postpone BRL 14 billion in debt payments without any discounts, reports O Globo. The proposal on the table is to divide up this amount over a period of 15 years, a source familiar with the process said. Banco do Brasil is the largest creditor, with BRL 4.4 billion, followed by BNDES (BRL 3.3 billion), China Development Bank (BRL 2.4 billion), Caixa Economica Federal (BRL 1.9 billion) and Itau (BRL 1.5 billion). Financial institutions account for just over 21 percent of the total debt of the company, of approximately BRL 65.4 billion. According to the same source, the banks will not accept shares of the operator in exchange for debt.
Tags: report
bank
extension
debt
Royal Bank of Scotland to disappear for customers outside Scotland
2016-08-12 21:44:32| BBC News | Business | UK Edition
The brand RBS is to be reduced to a back office role, the bank's chief executive tells BBC Scotland.
Tags: outside
bank
customers
royal
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