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Banking's SWIFT working with US, EU on Iran measures
WASHINGTON (Reuters) - The organization that provides the world's banks with a system for moving money said on Friday it is working with officials in the United States and European Union to address concerns about the services it provides to blacklisted Iranian banks. The Society for Worldwide Interbank Financial Telecommunication, better known as SWIFT, issued its statement after the U.S. Senate ...

Tough Iran Penalty Clears Senate Banking Panel
The legislation approved by the Banking Committee is aimed at forcing the expulsion of Iran’s banks from the global telecommunications network that nearly all banks rely on.

Belgium Falls into Recession: Does it Indicate Economic Crisis in Eurozone?
Belgium has become the first eurozone member, not subject to a bailout programme, to formally fall into recession in the second half of last year, according to data released by the country's central bank.

Citi Retail Says Goodbye to Belgium
The retail arm of the bank is sold to Credit Mutuel Nord Europe.

Banking's SWIFT Working with EU, U.S. on Iran-Related Measures
The organization that provides the world's banks with a system for moving money said on Friday it is working with officials in the European Union and the United States to address concerns about the services it provides to blacklisted Iranian banks.

Up close and personal with Hans De Cuyper
CEO of Etiqa Insurance and Takaful gets ... FOR someone who had never aspired to work in insurance, Hans De Cuyper has come a long way. The 42-year-old CEO of Etiqa Insurance and Takaful - Malayan Banking Bhd ’s ( Maybank ) insurance arm - grew up in Belgium where he read mathematics and actuarial science in university.

UPDATE 1-US Senate panel backs tough pressure on Iran transactions
* New sanctions package designed to ramp up pressure * Would target banking services, national oil company * U.S. companies liable for foreign subsidiaries' Iran trade * Bill now heads to full Senate (Updates ...

Crisis kills revival in Europe microcosm Belgium
ANTWERP, Belgium (Reuters) - The stunning, narrow 16th century Gothic houses in the centre of Antwerp are dwarfed by the nearby modern port, which stretches to the size of 22,000 soccer pitches. From it, there is a stream of ships carrying everything from cars to cosmetics around the world - 15,200 ships in 2011. But what was shaping up as a record-breaking year for Belgium's second city turned ...

Factbox: Society for Worldwide Interbank Financial Telecommunication
The Senate Banking Committee agreed on Thursday to a new package of banking-related sanctions against the Islamic Republic of Iran. Reuters reported these new sanctions would pressure a communications network used by banks all over the world to cease doing business with Iranian banks.

Citigroup France banking head Coutts departs
PARIS, Jan 30 (Reuters) - Citigroup's head ofbanking for France, Eric Coutts, has left after nearly fiveyears at the company "by mutual agreement," a spokesman for thebank said on Monday. Coutts ...

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