Ex-Goldman Banker Managing Nigeria Fund Targets Spending
Uche Orji, the former Goldman Sachs Group Inc. (GS) and UBS AG (UBSN) banker named to lead Nigeria’s sovereign wealth…
Wealth and Asset Management
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Foreign banks in Iran face risk of US penalties
For years, the United States struggled to get foreign bankers to comply with its effort to throttle Iran's economy -…
Bravura Solutions sees more efficient online world for financial firms
The evolutionary shift to internet-connected systems is not unique to financial services. The airline, retail, telecommunications and media sectors all…
NBAD targets new markets
The National Bank of Abu Dhabi, or NBAD, will continue to focus on organic growth to expand its operations in…
Hay Group releases its 2012 compensation and benefits report for Bahrain
Hay Group released its 2012 compensation and benefits report for Bahrain, forecasting a 4.6% average basic pay rise for 2013.…
Top 10 Sovereign Wealth Funds
Amid the Eurozone debt crisis and a global liquidity crunch, sovereign wealth funds (SWFs) have emerged as vital forefront…
Barclays sees Middle East driving investment bank
The Middle East will be an important growth area in coming years for investment banks, including Barclays (BARC.L), as local…
Cold calling still rife in UAE despite ban
The United Arab Emirates Central Bank’s ban on cold calling for all its licensed financial services organisations is not working…
Barclays names new CEO
Barclays PLC and Barclays Bank PLC have announced that Antony Jenkins has been appointed as a Director and as…
Gatehouse Bank posts profit of $3.2 million
Gatehouse Bank has announced a strong set of interim results for the six months ending 30 June 2012. Total profits…
Israeli banks' profits falter on slowing economy
* Hapoalim net profit 607 mln shekels vs 613 mln forecast * Leumi profit 280 mln shekels, below forecast of…
HSBC Investigated for Money Laundering
Based on the New York Times report on Saturday, US prosecutors are looking into whether British bank HSBC was involved…