Islamic finance lender reports healthy quarterly results
Al Baraka Islamic Bank, a subsidiary of Al Baraka Banking Group, earned net income of BD1.36 million ($3.6 million) during…
Wealth and Asset Management
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Banks' low results show the sad state of investment banking in MENA
EFG Hermes is one of the largest investment banks in the Middle East and its Q3 results are indicative of…
UAE's Swiss bank nears $1bn in assets
If you want to keep your money safe you put it in a Swiss bank. If you want to keep…
UBS to take axe to investment banking
UBS’s strategy is centered on its wealth management businesses and it will strengthen its leadership position in the most attractive…
What to look for when choosing a wealth management system
In this fourth article of the series on what to look for when choosing a wealth management system, the focus…
Mideastern lenders' searching for IT talent abroad
The best option for a bank is an offshore development centre, where a company can develop its own talent pool,…
Alternative employment options for redundant brokers in the UAE
Financial services recruiters in the UAE are being flooded with CVs from brokers, following a rash of closures and copious…
FATCA will affect almost all Financial Institutions
All banks and life insurance companies which have US source income or handle US source income on behalf of its…
Dubai bank Rasmala in potential sale talks – sources
Dubai-based Rasmala, which counts Deutsche Bank among its shareholders, has offices in the United Arab Emirates, Saudi Arabia, Oman…
Middle East HNWIs trust their children highly in management
High net worth individuals (HNWIs) in the Middle East showed the highest levels of trust in their children to manage…
Falcon Private Bank present at Abu Dhabi F1 during regional premiere of Scuderia Toro Rosso sponsorship
The 2011 Formula 1 Etihad Airways Abu Dhabi Grand Prix kicked off on Friday 11th November and with it came…
ANZ receives licence to operate from DIFC
ANZ has announced that it has opened a new office in Dubai International Financial Centre (DIFC), the financial and business…