Japan's BTMU says to apply for Turkish banking licence in August
Bank of Tokyo-Mitsubishi UFJ (BTMU) will apply for a banking licence in Turkey in August to set up a Turkish…
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NBAD appoints Yasin head of brokerage unit
National Bank of Abu Dhabi (NBAD), the largest lender by market value in the United Arab Emirates, has appointed Mohammed…
Merrill Lynch Wealth Management launches global investing programme
Merrill Lynch Wealth Management has announced the launch of its annual Global Investing Programme (GIP), which will see 50…
ODB plan to boost Islamic banking
In its efforts to provide customers with banking products and services that are in line with the Islamic banking, Oman…
Top Dubai investor quits Bank Muscat rights sale
Dubai Group, the investment vehicle owned by the emirate's ruler and second-largest shareholder in Bank Muscat, has sold its rights…
MEAB Bank Named "Best Private Bank in Lebanon"
MEAB Bank has been named "Best Private Bank in Lebanon" by World Finance Magazine. MEAB Chairman Kassem M. Hejeij accepted…
Pioneer Investments Appoints Head of Sales – Middle East, Central Asia and Africa
Pioneer Investments has announced the appointment of Neal Jenkins as Head of Sales - Middle East, Central Asia and…
Libor scandal forces Barclays from UAE rate panel
British bank Barclays plans to pull out of the rate-setting panel for interbank lending in the United Arab Emirates because…
Wealth Management in the Age of the iPad by Phil Banas
Here I am on a crowded commuter train travelling home from the city, crushed up against a fat guy (who…
Standard Chartered launches enhanced online banking FX service
Standard Chartered announced the launch of enhanced online banking foreign exchange services through the Bank's secure online banking platform, Straight2Bank.…
UAE banks need to hold 10% liabilities in liquid assets
Banks in the UAE will be required to comply with four so-called “liquidity ratios” to help them withstand market disruptions…
Bahrain-based BBK reports H1 2012 net profit of BHD 23.3 million
Murad Ali Murad, Chairman of BBK Board of Directors, revealed net profits rose from BHD 23.1 million a year ago…