Corp Bank seeks RBI nod to open branches in Dubai, Hong Kong
Mangalore-based public sector lender Corporation Bank is awaiting regulatory approvals to upgrade its overseas representative offices in Dubai and Hong…
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State prosecutor indicts former Hapoalim chairman
The State Prosecutor today filed an indictment with the Tel Aviv District Court against Dan Dankner for crimes allegedly committed…
Bank closer to Leeds takeover
LEEDS United is set to become the latest football club to come under Gulf financial control after a Bahrain-based investment…
Islamic banking gains traction in India
The rising demand to allow Islamic banking in the country has led the Reserve Bank of India (RBI) to request…
Wealth Management IT Spending: A Global Perspective
Wealth management IT spending is estimated to reach US$4.4 billion in 2012 and is expected to grow at a rate…
UBS Plans 10,000 Job Cuts, Investment Bank Shrinks
Switzerland’s largest bank, will cut as many as 10,000 jobs companywide as the trading business shrinks, a person with knowledge…
The Best Banks In The World Broken Down By Category
For its 2012 list of the World's Best Banks, Global Finance choose winners in 12 categories ranging from best investment…
KSA, UAE, Qatar spur Mideast fund industry – RESEARCH
The regional fund industry is showing greater optimism and confidence in 2012 compared with 2011, Advent Software, Inc. said in…
HSBC Bank Oman net profit edges down
HSBC Bank Oman has recorded a four per cent fall in net profit at RO10.57 million for the first nine…
Qatar expanding in to European banks
Qatar considers acquiring major stakes in investment banks in Europe, sources told Al Arabiya, noting that the negotiations are currently…
ABC Islamic Q3 net profit up 75pc
ABC Islamic Bank, a subsidiary of Bahrain-based Arab Banking Corporation, has registered a 75 per cent jump in its net…
Dubai's Mashreq bank Q3 profit jumps 86 pct
Mashreq, Dubai's second-biggest bank by stock market value, on Wednesday posted an 86 percent year-on-year jump in net profit for…