Bank Audi Gets First Turkish Banking Permit in 12 Years
Bank Audi sal- Audi Saradar Group has announced today that it has been granted permission to establish a deposit bank…
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Ten Trends in Regulatory Risk – SunGard Research
Tony Scianna, deputy head of strategy for SunGard’s capital markets business, said, “The financial regulations that are being introduced around…
Senior member of Bahrain's royal family involved in $6m bribe suit
A senior member of Bahrain’s royal family has been named as a co-conspirator in bribery charges against a leading London-based…
Europe crisis threatens the Gulf
Europe's leaders were back in Brussels yesterday to thrash out a viable solution on Greece's second bailout, the recapitalisation of…
Court upholds longest fraud jail terms
The longest jail terms handed out in a single UAE fraud case have been upheld by an appeals court. Six…
UAE banks safe from EU crisis
The debt crisis in the European Union is not expected to have a major impact on UAE banks because of…
Long-term memories that families bank on
After two years as head of Lloyds TSB's private banking business in the Middle East, Nigel Putt is heading off…
Investment bankers are moving to wealth management, private bankers are moving to private equity
Investment bankers in the Middle East are facing job cuts and, with a lack of new roles in the sector,…
Arab Investors Are Urged to Lead the Way
If Middle Eastern governments want to attract foreign investors during the current period of change and uncertainty, then Arab countries…
Gulf Bank Sees ‘Slight’ Improvement With Every Quarter
Gulf Bank KSC, Kuwait’s third- biggest lender by market value, expects a “slight” improvement with every quarter and to take…
BNY Mellon: Sovereign Wealth Fund access increases as regional Investor Relations teams look to long term investors
BNY Mellon has released the results of its 2011 Trends in Investor Relations survey, revealing the findings in different regions…
Abu Dhabi buyers eyeing regional M&A deals
Certain Abu Dhabi entities are looking at snapping up regional competitors but tough credit markets and global uncertainty will slow…