Finance Chronicle

The onetime lieutenant of Eliot Spitzer is now being backed by financiers as the next attorney general of New York, The Financial Times reports, citing an analysis of campaign contributions.

Romanian Finance Minister Sebastian Vladescu said he will be replaced as part of a “political” decision, he said in a phone interview today after meeting with Prime Minister Emil Boc.

THE government may narrow its budget deficit next year to the smallest since 2008 as economic growth accelerates, Finance Secretary Cesar Purisima said Wednesday.

Kuala Lumpur, 2 September 2010 – Kuwait Finance House Kuwait Finance House Berhad, the first foreign Islamic bank in the country, has launched the KFH KFH Personal Financing-i Hajj and Umrah today.

* Cigna: departure not caused by financial, ethics dispute

The biggest shake-up of the finance sector in 35 years is under way in a bid to restore shattered confidence, but it will be too late for most of those who invested more than $8 billion in finance companies that then failed.

LONDON – Citigroup’s private banking arm has set up a global unit to target family offices, organisations that manage the financial affairs of rich dynasties, according to an internal memo seen by Reuters.

Goldman Sachs’s Lloyd C. Blankfein takes the biggest tumble in the magazine’s “New Establishent” rankings as finance remains an unpopular sector among the populace.

SINGAPORE – Tight supply due to lower Indian exports and rising demand from top consumer China could push iron ore prices higher in 2011 after an expected decline in the fourth quarter of this year.

A quarter of senior finance professionals have not heard of the CRC Energy Efficiency Scheme , formerly known as the Carbon Reduction Commitment. The survey, carried out by document management software company Version One , questioned 139 finance directors and finance managers in the UK’s public and private sector.