HSBC bank says 2012 net profit drops 16.5%
Estimated Basel III end point common equity tier 1 ratio (‘CET1’) 10.3% post-2013 management actions (9.0% at end 2012), providing…
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Gulf Finance Corp names key officials
Gulf Finance Corporation, a subsidiary of Shuaa Capital, has announced the appointment of two senior management executives to support its…
Barclays plans further Middle East expansion; to hire more staff
Barclays, which is cutting 3,700 jobs as it reduces costs by US$2.6 billion a year, said it plans further expansion…
New Dubai firm to manage Islamic endowments
Dubai will host a new asset management firm specialising in awqaf (Islamic endowments), as the emirate seeks to become a…
Commercialbank steps up private banking strategy
Commercialbank has stepped up its private banking strategy for its network of clients and prospects. The bank’s private banking business…
Guardian Wealth hails Qatar a glittering jewel in the expat crow
David Russell, chief executive officer, Guardian Wealth Management Qatar LLC, hails Qatar a glittering jewel in the expat crown, as…
Deutsche Bank awarded for Qatar deal from EMEA Finance
Deutsche Bank has announced that it has won EMEA Finance’s “Deal of the year” award for arranging the State of…
The National Bank of Abu Dhabi Launches First Kangaroo Bonds
The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, closed its inaugural Kangaroo bond with…
Japan's Nomura to hire in Dubai to revamp MidEast ops
Nomura Holdings, Japan's largest investment bank, plans to revamp its Middle Eastern operations after losing several top executives in the…
SEI Study: World's Wealthy Need Advisors to Provide Strategic Advice via Digital Tools
According to a study released by SEI, Scorpio Partnership, and Standard Chartered Private Bank, the world's up-and-coming wealthy are generally satisfied…
Moscow is billionaires' capital of the world
Hurun Global Rich List 2013 Rank Name Wealth $USbn City of Residence Self-made / Inherited …
Morgan Stanley to offload EMEA-Based global stock plan services business
US investment bank Morgan Stanley has entered into an agreement to dispose of EMEA-based part of its Global Stock Plan…