Dubai financial firm to hire 300
Dubai-based Compass Financial Solutions, which provides wealth management solutions and insurance services, aims to triple its workforce in the UAE…
Wealth and Asset Management
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Emirati banks to have SMEs almost to themselves
The country’s small and medium enterprise (SME) sector is set to become the near-exclusive domain of Emirati banks, as international…
Kuwait's Khorafis win Dubai judgement against Swiss bank
A court in Dubai's financial centre ruled in favour of Kuwait's Khorafi family in a suit against Switzerland's Bank Sarasin…
UAE Central Bank Says StanChart Can Face Legal Action
The bank had agreed to close some customers' UAE accounts in an anti-money laundering settlement with US regulators announced on…
Bank Sarasin-Alpen to appeal DIFC court ruling on miss-selling
The Dubai International Financial Centre Court (DIFC Court) on Thursday ruled in favour of Al Khorafi, a prominent Kuwait-based business…
Standard Chartered faces UAE action over shutdown
Standard Chartered is facing legal action from the authorities in the United Arab Emirates days after the lender was told…
National Bank of Abu Dhabi targets debt finance domination
National Bank of Abu Dhabi is set to embark on a hiring push as it makes its bid for the…
BBK contributes BD 7500 to Bahrain Philanthropic Society
In line with BBK's strategic initiatives for a brighter community, Mr. Jamal Hijris- General Manager of Support Group welcomed at…
A brief history of Crédit Agricole Private Banking from its UAE head
Crédit Agricole is one of the leading European banking groups, and has had a presence in the Middle East for…
RBC GAM hires international CEO
RBC Global Asset Management, the asset management arm of Royal Bank of Canada, has announced the appointment of Clive Brown…
Standard Chartered fined $300 million over laundering controls
Benjamin M. Lawsky, Superintendent of Financial Services, announced an order today regarding Standard Chartered Bank's ("SCB") failures to remediate anti-money…
CEO of Dubai financial zone authority resigns
effrey Singer said on Wednesday that he had resigned as chief executive of the DIFC Authority, which oversees Dubai's financial…