06/07/2013

African Development Bank Partners with Commerzbank

Now the two banks will share the default risk on a portfolio of eligible trade transactions originated by African issuing banks in Africa and confirmed by Commerzbank AG, according to the press statement from AfDB.

10/14/2012

Old Mutual upbeat about its US prospects after asset sale

OLD Mutual’s US-based asset management business has accelerated plans to improve its operating margin following the announcement that it was selling five noncore affiliates for an undisclosed sum, Adrian Cloete, an equity analyst at Cadiz Asset Mana

08/26/2012

EFG Hermes Securities Brokerage Achieves Major Milestones

Despite a challenging 2011 for domestic markets, during which the Egyptian Exchange lost nearly half its market capitalisation, as well as further difficult conditions during 2012, the EFG Hermes Securities Brokerage Division has successfully maintained i