Author: KMFSLLP

Lebanon will invite eight firms to bid to be its financial adviser as it studies all options on its sovereign debt, a source familiar with the matter said on Wednesday.

* Current Anglo offer 'makes a mockery' of valuation, Odey says

* FSA urges banks to be flexible on requests for funds -sources

Metro Bank on Wednesday named interim Chief Executive Dan Frumkin to the role permanently, tasking him with leading the British lender past an accounting scandal that plunged it into crisis last year.

Shares in Shanghai ended a three-day winning streak on Wednesday as worries persisted over the spreading coronavirus epidemic, which has claimed more than 2,000 lives and weighed on business activity in the country. ** At the close, the Shanghai Composite index was down 0.3% at 2,975.40. The index rose in...

South Korea's stock exchange said on Wednesday that it would decide in June whether the weighting of Samsung Electronics in the KOSPI 200 index should be capped.

Japan's financial watchdog has begun conducting an emergency survey on domestic financial institutions with business operations in China to gauge how the coronavirus outbreak could affect credit costs, government sources said on Wednesday.

Metro Bank's interim chief executive officer, Dan Frumkin, will take over the CEO role on a permanent basis, the British lender said on Wednesday.

Australian shares closed higher on Wednesday as CSL and Cochlear hit record highs and worries about the coronavirus epidemic waned as the number of new cases fell.

Hong Kong-based broker CLSA has countered an audacious bid by rival Jefferies Group to commandeer its famous annual forum space with a revamped conference of its own that promises access to China's movers and shakers.