Union Bank of India to expand its overseas presence; to open offshore unit in Dubai
Public sector bank, Union Bank of India, has announced that it has been allowed to set up an offshore banking…
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Falcon Bank Eyes More Buys After Clariden Deal
Falcon Private Bank, the Abu Dhabi-owned entity which bought the London unit of Clariden Leu, is eyeing more acquisitions in…
Mobile millionaires place family and quality of life above business interests – RBC Research
A global, nomadic approach to personal and professional life is a key factor to the success of millionaires around the…
Gulf Bank receives Two Quality Recognition Awards
Gulf Bank recently received two quality recognition awards from Citibank for achievements in 'straight through processing' on USD Dollar payments…
KFH Group wins five prestigious awards
KFH Group wins five prestigious awards from CPI Financial Al-Mukhaizeem: Awards cement KFH Group's success in various fields, markets …
1 million rich Gulf families own wealth worth $ 1.2 trillion
One million wealthy families in the Gulf Cooperation Council (GCC) countries own investment assets worth about USD 1.2 trillion, a…
Thomson Reuters launches Islamic Finance Gateway Community
Thomson Reuters has announced the launch of the Islamic Finance Gateway Community, a multi platform forum for experts and professionals…
Yemen Kuwait Bank for Trade and Investment goes live on ICS BANKS
Yemen Kuwait Bank for Trade & Investment, the first bank to be established by the private sector in Yemen, has…
Swiss private banki boosts ME team
Lombard Odier is continuing to expand its presence within the GCC region with the recent appointment of Patrick Crowley as…
Moody’s Downgrades Three Dubai Banks
Three Dubai banks including Emirates NBD and Mashreq Bank have had their credit ratings downgraded by Moody’s amid concerns of…
HSBC, Standard Chartered Close to Resolving Iran Claims
HSBC Holdings Plc and Standard Chartered Plc may settle U.S. charges involving money-laundering violations and dollar-clearing transactions on behalf of…
JPMorgan focuses on local services as it expands in Middle East
HSBC might have retired that catchphrase from its marketing efforts, but the head of JPMorgan in the Middle East and…