Deutsche Bank Layoffs and Bonus Cuts Could Trigger Exodus
Deutsche Bank has announced layoffs and bonus cuts to senior staffs, designed to save €4.5bn (£3.6bn) a year as part…
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Trafigura gets $400 mln loan from Mideast banks-sources
Commodities trader Trafigura has taken a $400 million loan from a group of Middle Eastern banks, as the group looks…
Lebanon's Aksys Capital and Abu Dhabi's ADS Securities sign cooperation agreement
Aksys Capital has announced a cooperation agreement with ADS Securities to bring further benefits to Forex and Bullion traders,…
Hamas financing case can proceed against Arab Bank: judge
A U.S. man can proceed with a lawsuit seeking to hold Arab Bank liable for providing material support to…
NBO tie-up with Reliance Wealth Management
National Bank of Oman has joined hands with Reliance Wealth Management to provide distinct Indian investment products to NBO's…
RBS, others sue Dubai Group over $10 billion debt
Royal Bank of Scotland and two other banks have begun legal proceedings against an investment vehicle owned by Dubai's ruler,…
Global law firm adds Dubai finance partner
The Dubai office of global law firm K&L Gates LLP welcomes Natalie Boyd as a partner in its finance practice.…
Amanie Advisors launch office in Oman
With the 2011 decree authorizing Islamic banking operations in Oman, Amanie Advisors, a globally recognized Shariah advisory firm in…
Fifth of UAE bank assets exposed to property – cen bank
More than a fifth of UAE banks’ assets are exposed to the Gulf state’s real estate market, a report published…
Deutsche Bank renews push for ultra rich clients
Deutsche Bank wants to expand its investment advisory offerings for ultra-rich clients as it overhauls its asset and wealth management…
Arbuthnot Latham appoints Head of Middle East Private Banking
Linda Amili Clack has been appointed to the new position of International Banking Director – Head of Middle East…
Barclays expands wealth management capabilities in the Gulf
Barclays Bank announced today that it is continuing the strategic expansion of its wealth and investment management capabilities in the…