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Bank of America Names Maria Zuber to Board

10:56am EST

Dec 14 (Reuters) - Bank of America Corp ::BANK OF AMERICA NAMES MARIA ZUBER TO BOARD OF DIRECTORS.ZUBER HAS BEEN APPOINTED TO ENTERPRISE RISK & CORPORATE GOVERNANCE COMMITTEES OF BOARD.ZUBER CURRENTLY SERVES AS E. A. GRISWOLD PROFESSOR OF GEOPHYSICS & VICE PRESIDENT FOR RESEARCH AT MIT.

Sberbank CFO says previous talks with Alibaba finished, now talking with everyone

10:27am EST

Dec 14 (Reuters) - Sberbank Rossii Pao ::LONDON: RUSSIA'S SBERBANK CFO SAYS TALKS WITH ALIBABA HAVE FINISHED IN THE PREVIOUS FORMAT, YANDEX DEAL SIGNED.LONDON: SBERBANK CFO SAYS NOW WE ARE TALKING WITH EVERYONE, INCLUDING ALIBABA, ABOUT BEING ANOTHER PARTNER IN YANDEX DEAL WITH MINORITY SHARE.LONDON: SBERBANK CFO SAYS TALKS WITH ALIBABA TOOK A LONG TIME, DECLINES TO SAY WHAT THE DISAGREEMENT WAS.LONDON: RUSSIA'S SBERBANK CEO ON POTENTIAL NEW SANCTIONS SAYS WE HAVE ENOUGH RESOURCES TO DEAL WITH ANY SITUATION.LONDON: SBERBANK CEO SAYS CANNOT DISCLOSE EXPOSURE OF SAFMAR GROUP BUT IT'S A LARGE BORROWER.LONDON: SBERBANK CEO ON SAFMAR EXPOSURE WE ARE ADEQUATELY COVERED IN CASHFLOW AND EXISTING GUARANTEES, WE HAVE BEEN CONSERVATIVE.

Sberbank CEO says adequately covered on Safmar exposure

10:27am EST

Dec 14 (Reuters) - Sberbank Rossii Pao ::LONDON: RUSSIA'S SBERBANK CEO ON POTENTIAL NEW SANCTIONS SAYS WE HAVE ENOUGH RESOURCES TO DEAL WITH ANY SITUATION.LONDON: SBERBANK CEO SAYS CANNOT DISCLOSE EXPOSURE OF SAFMAR GROUP <<>> BUT IT'S A LARGE BORROWER.LONDON: SBERBANK CEO ON SAFMAR EXPOSURE WE ARE ADEQUATELY COVERED IN CASHFLOW AND EXISTING GUARANTEES, WE HAVE BEEN CONSERVATIVE.LONDON: RUSSIA'S SBERBANK CEO SAYS WE REGULARLY GIVE AN UPDATE ON SAFMAR AND THE RISKS AND THERE IS NOTHING THAT WOULD WORRY US.LONDON: SBERBANK CEO SAYS REGARDING SAFMAR EXPOSURE, THE BIGGEST BORROWER IS THE OIL SEGMENT WHICH IS ADEQUATELY PROVIDED FOR.

Philipp Roesler appointed inaugural CEO of Hainan Cihang Charity Foundation‍​

9:00am EST

Dec 14 (Reuters) - Hainan Cihang Charity Foundation says::PHILIPP ROESLER APPOINTED INAUGURAL CEO OF HAINAN CIHANG CHARITY FOUNDATION‍​.

EFG Hermes Launches 'valU' for Installment Sale Services in Egypt

8:32am EST

Dec 14 (Reuters) - EFG HERMES HOLDINGS ::LAUNCHES FINTECH SOLUTION UNDER BRAND NAME 'VALU', OFFERING EGYPTIAN CONSUMERS PAYMENT-ON-INSTALLMENT PROGRAMS‍​.ALLOCATES AN INITIAL EGP 250 MILLION IN INVESTMENTS TO ITS NEW VENTURE, WITH MORE ALLOCATION TO BE DEPLOYED AS 'VALU' EXPANDS ITS CLIENT BASE, VENDOR NETWORK.SAYS 'VALU' WILL MAKE OFFICIAL DEBUT DURING JANUARY 2018, INITIALLY BEING ROLLED-OUT IN GREATER CAIRO.

Sberbank CEO says not all major shareholders agree on 50 pct of earnings dividend plan

7:30am EST

Dec 14 (Reuters) - Sberbank Rossii Pao ::CEO OF RUSSIA'S SBERBANK SAYS NOT ALL MAJOR SHAREHOLDERS AGREE ON PAYING 50 PERCENT OF EARNINGS IN DIVIDENDS.LONDON-RUSSIA'S SBERBANK CEO SAYS COULD LOWER DIVIDENDS IF WE SEE THERE ARE SHOCKS ON THE WAY.LONDON-RUSSIAN LENDER SBERBANK'S CEO SAYS TRYING TO ASSESS LIKELIHOOD AND VARIABILITY OF ADDITIONAL SANCTIONS IS THANKLESS TASK.LONDON- RUSSIAN LENDER SBERBANK'S CEO SAYS HE HOPES CURRENT ELECTION CYCLE WILL END WITH ECONOMIC REFORMS ON ALL FRONTS.SBERBANK EXECUTIVE SAYS WE ARE TALKING TO ALIBABA AND OTHERS AND HOPE THERE WILL IN THE END BE AN AGREEMENT.

Standard Bank Group Names Lungisa Fuzile As CEO Of SBSA​

7:26am EST

Dec 14 (Reuters) - Standard Bank Group Limited :​:STANDARD BANK GROUP - ‍APPOINTMENT OF LUNGISA FUZILE AS CHIEF EXECUTIVE OF STANDARD BANK OF SOUTH AFRICA LIMITED ("SBSA") WITH EFFECT FROM 15 JAN 2018​.STANDARD BANK GROUP LTD - LUNGISA FUZILE TAKES OVER FROM SIM TSHABALALA WHO HAS SERVED AS CHIEF EXECUTIVE OF SBSA FROM JUNE 2008 TO DATE.

Industrial and Commercial Bank Of China Receives Regulatory Approval For Switzerland Branch

4:47am EST

Dec 14 (Reuters) - Industrial And Commercial Bank Of China Ltd <1398.HK>::CBRC AND SWISS FINANCIAL MARKET SUPERVISORY AUTHORITY APPROVED ESTABLISHMENT OF BRANCH IN SWITZERLAND.

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