Standard Chartered's $340m fine is not the last dish on the menu
Standard Chartered's $340m settlement with New York regulator Benjamin Lawsky after accusations that it violated US Iran sanctions with more…
Wealth and Asset Management
4674 articles found
Merrill sees no big move in Bahrain office
The management of Merrill Lynch in Bahrain, after the global wealth management firm gets acquired by top Swiss bank Julius…
Sarasin-Alpen & Partners appoints new Senior Executive Officer
Sudarshan Malpani has been appointed as the Senior Executive Officer for Sarasin-Alpen & Partners. Sarasin-Alpen & Partners launched…
London asset manager sees increasing demand from wealthy Muslims
London Central Portfolio (LCP) – an asset manager in the UK with around half a billion pounds worth of residential…
Basel III Arrives Early For UAE
The UAE Central Bank is preparing local lenders for the new Basel III banking supervision standards by requiring them to…
UAE Exchange Opens New Branch in Malaysia
Malaysia is an important market and a vital link in the global network of UAE Exchange. The strong presence of…
GCC sees surge in Islamic lending
2012 is expected to be a record year for sukuk issuances in the GCC (Gulf Cooperation Council) region. Indeed, the…
Top Ten Salaries in the Middle East
Despite the turbulence of the Arab Spring and Europe’s debt crisis, salaries in the GCC have remained robust. Wages have…
Julius Baer confirms purchase of Merrill Lynch private bank outside US
Julius Baer has agreed, subject to the regulatory and shareholder approvals, to acquire Merrill Lynch’s International Wealth Management business (based…
Wave of private bank M&A set to break
Swiss private bank Julius Baer announced two strategic alliances last month aimed at building international scale at the same time…
Swiss-Saudi tie-up targets $500 bln Islamic charity market
Veteran Geneva-based banker and Islamic finance expert John Sandwick has teamed up with Saudi adviser Wafi International to target the…
MENA venture capital activity rises 28 per cent
Venture capital activity in the Middle East and North Africa (MENA) increased by 28 per cent in 2011 as countries…