South African wines miss Chinese market
South Africa and China are partners within a club of leading emerging markets, and it would seem natural that exports…
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Libya Withdrawing Investments From BNP Paribas, Societe Generale
Libya’s Economic and Social Development Fund is withdrawing investments from French banks including BNP Paribas SA and Societe Generale SA…
Standard Chartered expects further $330m Iran fine
Standard Chartered said it expected to pay a further $330m (£205m) to settle allegations that it breached US sanctions with…
BofA names new Mena executive
Bank of America Merrill Lynch has hired ArshadGhafur, previously with Nomura Holdings, as the country executive for its Middle East…
US Justice Dept expands probe into Saudi bank licenses
A U.S. investigation into whether Barclays Plc paid bribes to win a banking license in Saudi Arabia has spread to…
How Turkish banks are affected by move to Basel II
The Turkish banking industry's adoption of Basel II regulation this year should improve the regulation and risk governance of the…
Citigroup says plans sale of Turkish retail banking business
Citigroup is looking at the possible sale of its consumer banking business in Turkey, leaving it to focus on corporate…
Global private banking group to be title sponsor of Sailing Arabia
Oman Sail today announced that EFG International, a leading global private banking group, will be the main sponsor of Sailing…
Gatehouse Bank acquires 2nd US ‘portfolio’
Gatehouse Bank has completed the acquisition of a diverse industrial portfolio of 19 operationally critical properties across the United States…
BBK launches Al Wajaha banking service
The Bank of Bahrain and Kuwait, Bahrain’s pioneer in retail and commercial banking, announced the launch of Al Wajaha, an…
UAE bank selects Northern Trust to administer ETF
In line with its focus on offering innovative exchange traded fund administration solutions, Northern Trust has acted as administrator and…
Positive sentiment revealed amongst wealthy investors – RESEARCH
Positive sentiment revealed amongst wealthy investors – Friends Provident International Investor Attitudes Report Strong sentiment in Hong Kong, Singapore and…