Abu Dhabi fund eyes sale of $1.3 bln Malaysia bank stake – sources
An Abu Dhabi sovereign wealth fund is exploring the sale of its $1.3 billion stake in Malaysian lender RHB Capital…
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Credit Suisse Private Banking Introduces "Strategic Philanthropy: Guide to Evaluation"
A new report from Credit Suisse and Rockefeller Philanthropy Advisors, entitled, “Strategic Philanthropy: Guide to Evaluation,” provides greater context and…
Investcorp profit slumps 90 pct on hedge fund woes
Alternative investment manager Investcorp reported a 90-percent drop in half-year profits on Monday, hit by declining hedge fund revenues. The…
Abu Dhabi Islamic net profit up 12.8pc
Abu Dhabi Islamic Bank (ADIB) said its group net profit for 2011 surged 12.8 per cent to hit Dh1.16 billion…
Northern Trust strengthens alternatives group
Northern Trust has announced key appointments today to the Northern Trust Alternatives Group, building its capabilities in hedge fund and…
Dubai banks playing a new tune
During Dubai's boom years, bankers were more likely to be found talking debt-financed buyout deals than advising on how to…
Jobs at risk again at Dubai's Shuaa Capital after latest losses
Shuaa Capital reported its fourth consecutive year of losses and announced a further round of layoffs as its withdrew from…
BankMuscat unveils dynamic Private Banking strategy
BankMuscat, the flagship financial institution in the Sultanate, took Private Banking services to a new level unveiling a dynamic brand…
Credit Suisse Named Best Private Bank Globally
Credit Suisse has been named the Best Private Bank globally by Euromoney magazine for the third consecutive year. Credit Suisse…
Emirates Islamic Bank suffers Dh448m loss as expenses soar
Dubai Emirates Islamic Bank (EIB), which belongs to the Emirates NBD Group, reported a full-year net loss Monday due to…
Israel's Bank Leumi names new CEO
Rakefet Russak-Aminoach has been appointed as Bank Leumi CEO, the board of directors headed by chairman David Brodet decided today.…
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