Barclays to Cut Europe Equity Jobs in Cost Reduction Plan
Barclays is cutting just under 10 percent of staff in its equities division in Europe, Middle East and Africa…
Trading, Broking & Stock Exchanges
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NBE Awards $3.4 Million Contract to Polaris
The National Bank of Ethiopia has signed a 3.4 million US dollar contract with Indian company Polaris Financial Technology…
Morgan Stanley commodities talks with Qatar hit snag
Morgan Stanley's (MS.N) talks with Qatar's sovereign wealth fund over the sale of its commodities business have run into difficulty,…
Dubai's Arqaam to buy Libya financial services firm
Following the close of the acquisition, the company will operate under the name Arqaam Capital Libya. Rashad has…
SS&C Named Among World's Top 500 Software and Service Providers
SS&C Technologies today announced Software Magazine has named SS&C among the world's 500 largest software providers. SS&C was…
National Bank of Fujairah replaces Barclays on Eibor panel
The EIBOR panel banks has selected "The National Bank of Fujairah" to join the EIBOR panel, starting 8 October…
ANB Invest Goes Live on Advent
Advent Software has announced that ANB Invest is live on Advent's platform for asset management to deliver portfolio, client…
Euroclear Bank expands Cash Clearing relationship with Standard Chartered Bank
Following the success of Standard Chartered's appointment as its cash clearing bank in the UAE, Euroclear Bank, the leading international…
Nomura Said to Cut Third of Dubai Investment Bank Jobs
Nomura Holdings is cutting a third of its investment banking jobs in Dubai as Japan’s largest brokerage seeks to…
QBG-Geojit to start operation this month
A joint venture brokerage firm promoted by Geojit BNP Paribas Financial Services, Qurum Business Group (QBG) and National Securities, will…
Lebanon's Aksys Capital and Abu Dhabi's ADS Securities sign cooperation agreement
Aksys Capital has announced a cooperation agreement with ADS Securities to bring further benefits to Forex and Bullion traders,…
Trafigura gets $400 mln loan from Mideast banks-sources
Commodities trader Trafigura has taken a $400 million loan from a group of Middle Eastern banks, as the group looks…