09/19/2011

Deposit guarantee may stay longer

The UAE government is considering extending a three-year decision to guarantee bank deposits introduced just after the eruption of the 2008 global fiscal crisis to protect its financial system, an official has said.

09/08/2011

International law firm opens Istanbul office

The Istanbul office expands the firm's substantial presence in emerging markets and will concentrate on mergers and acquisitions, private equity, capital markets, corporate finance, project finance, and tax.

09/06/2011

IMF report exaggerated against money laundering

An experienced local banking industry professional has condemned last week's International Monetary Fund (IMF) report concerning what it claimed is the need for regulatory improvements in Kuwait to protect against money laundering.

07/05/2011

HSBC's Libya links questioned after second leak

Richard Alderman, director of the Serious Fraud Office, said in an interview with Bloomberg that the organisation was in talks with its US counterparts about allegations of bribery.