All Articles

FinTech

Dubai retailer, HSBC complete pioneering blockchain transaction

June 19, 2019

Dubai-based retailer Landmark Group and banking giant HSBC have completed a first-of-its-kind transaction that connected two independently-built blockchain platforms, marking…

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Regulation, Risk & Compliance

DFSA suspends licence of Rasan Capital Limited

June 19, 2019

The Dubai Financial Services Authority  the independent regulator of financial services conducted in or from the Dubai International Financial Centre …

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FinTech

Trade Bank of Iraq and ESDS software solution sign MOU for developing Fintech and a cloud platform

June 19, 2019

Alpen Capital  Limited acted as the sole financial advisor for the transaction between the two firms, which aims to establish…

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Investment Banking

Ex-StanChart Lawyer Fights Bank Over Wolf-Whistles, ‘Hairgate’

June 19, 2019

Standard Chartered Plc chief Bill Winters has said that the bank, plagued by allegations of misconduct, must overhaul its culture.…

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Executive Moves

Deutsche Bank’s Ozkan moves to SMBC

June 19, 2019

Semih Ozkan is leaving Deutsche Bank to join SMBC’s global trade finance department as regional product leader for structured trade…

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Hedge Funds & Alternative Investments

Dubai’s stock market has success on the road

June 19, 2019

As part of an ongoing approach to attract wider global investor interest to its market, the Dubai Financial Market has…

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Financial Results

Saudi banking sector net profit up 11.3pc in 2018

June 19, 2019

Saudi Arabia's banking sector saw positive results in 2018, with an average 11.3 percent growth in net profit, and 2.1…

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Hedge Funds & Alternative Investments

Boutique Firm Led by Ex-UBS Banker to Bid for Abraaj Funds

June 19, 2019

A boutique investment firm founded by former UBS Group AG banker Yassine Bouhara is bidding to buy funds managed by…

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Regulation, Risk & Compliance

Dubai suspends licence of company in DIFC

June 19, 2019

The Dubai Financial Services Authority  – the independent regulator of financial services conducted in or from the Dubai International Financial…

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Regulation, Risk & Compliance

UAE's FAB to close Qatar operations

June 19, 2019

First Abu Dhabi Bank  on Wednesday announced that it will close its Qatar operations following baseless allegations by Qatari regulatory…

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FinTech

Bank ABC partners with Jumio

June 19, 2019

Jumio has announced a partnership with Bank ABC, the MENA (Middle East and North Africa) region’s leading international bank.  …

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Investment Banking

UBS brings machines into credit derivatives to boost trading

June 19, 2019

UBS Group AG is pushing further into automated trading by programming its robots to handle derivatives and exchange-traded funds tied…

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