Short selling

Attica Bank says optimistic about plan to raise cash

Greek lender Attica Bank on Tuesday dismissed speculation that its plans to raise cash and plug a capital shortfall could flounder, saying it was confident of success.

Unlike its larger peers, Attica, which has a market value of 81 million euros, did not turn to the country's bank bailout fund - the Hellenic Financial Stability Fund - during the debt crisis.

Turkish Islamic lender Bank Asya shares bounce back after plunging to half in three days

Islamic lender Bank Asya’s shares have bounced back from record lows after three straight days of losses, as investors wanting to reduce costs rushed to buy the shares of the lender, which has been at the center of a political feud.