New FATCA regulations are out, institutions must act fast
The latest Foreign Account Tax Compliance Act (FATCA) regulations have been issued, which will have major implications for non-US Financial…
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Northern Trust: 1 in 3 has 40% of stocks, bonds in passive strategies
The evolving use of passive investment strategies by institutional investors globally is leading to growing interest in customized indices to…
Curtis opens office in Kuwait
Curtis, Mallet-Prevost, Colt & Mosle LLP has announced the opening of an office in Kuwait in association with Mashora Advocates…
Emirates NBD recedes to third largest Arab bank
Dubai-based Emirates NBD retreated to the third rank in the list of the largest Arab banks after it was overtaken…
Bank of Israel: Hapoalim CEO can keep his job
The Bank of Israel today announced that Bank Hapoalim (TASE: POLI) CEO Zion Kenan can keep his job, after the…
Rasmala Investment Bank shuts down research unit
Rasmala Investment Bank has become the latest victim of the crisis in equities markets with the closure of its research…
Barwa Bank Wins Islamic Finance News "Qatar Deal of the Year" Award
Barwa Bank Group, Qatar's fastest growing Shari'ah compliant banking service provider, today announced that it has won the Islamic Finance…
Takaful growth attracts domestic and multinational providers
Takaful insurance across the Middle East and South East Asia has seen rapid growth over the past five years. Francesca…
Swiss bank plans to double MidEast managed assets
Swiss private banking group Julius Baer is aiming to double its assets under management in the Middle East over the…
SABB wins private banking honours
The Saudi British Bank -SABB has been named "Best Private Bank in Saudi Arabia" in the Global Private Banking Survey…
Europe's recovery won't slide away on Greece, but it could slip up over oil
Oil prices closed at $123 a barrel on Friday, and the cost of petrol on Britain's forecourts jumped to a…
Gulf Finance house back in the black in 2011
Bahrain investment bank Gulf Finance house announced that it had inched back into the black in 2011 after making a…