Swiss private bank to expand private-client business in Gulf
Falcon Private Bank, a Swiss private bank owned by Abu Dhabi's Aabar Investments, sees huge potential for expansion in the…
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NBAD opens new branch in Egypt
The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, has opened its 29th branch in…
Gulf eyes repos to raise capital
Smaller Gulf banks, squeezed by difficult funding conditions and flush with bond paper following the busiest period of issuance from…
UAE, Qatar stop trade finance to Iran over sanctions
The central banks of UAE and Qatar have told lenders to stop financing trade with Iran, bankers said on Thursday,…
Top UAE bank sees growth in wealth, private banking business
ABU DHABI: National Bank of Abu Dhabi, the UAE’s largest lender by market value, expects slower loan and deposit growth…
Ajman Bank profit up 75%
Ajman Bank on Thursday reported a net profit of Dh7 million for 2011, up 75 per cent from the Dh4…
Dubai Islamic Bank 2011 profit up 25 per cent to Dh1.01b
The Dubai Islamic Bank has reported 2011 net profit up 25 per cent on 2010, clocking in at Dh1.01 billion…
NBAD opens new Dubai Marina branch
The National Bank of Abu Dhabi (NBAD) has inaugurated a new branch in one of Dubai’s premier residential and shopping…
BIBF signs training and research collaboration MOU with BAB
Bahrain Institute for Banking and Finance (BIBF) has signed a MOU with the Bahrain Association of Banks in the presence…
DFSA Signs Agreement With US Audit Regulator
The Dubai Financial Services Authority (DFSA) has entered into a Statement of Protocol with the US Public Company Accounting Oversight…
Wealthy Investors Shrug at Facebook IPO After Private Buys
Wealthy investors aren’t clamoring for a piece of Facebook Inc.’s initial public offering because some own the stock through private…
Credit Suisse’s AM Releases Q1 2012 Alternatives Quarterly
Credit Suisse’s Asset Management division today announced the release of the first quarter 2012 edition of its “Alternatives Quarterly.” This…