Monolithic investment banks need a reality check
Over the decades, global investments banks such as Goldman Sachs and Credit Suisse have enjoyed stellar reputations due to the…
Investment Banking
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Emirates NBD wins big at Global Brand Excellence Awards 2014
Emirates NBD, a leading bank in the region, was honoured at the Global Brand Excellence Awards 2014 with five coveted…
FGB announces Head of Corporate Finance Advisory appointment
Michael Aissaoui is a recognised expert in corporate finance advisory, bringing 19 years of professional experience with leading international…
National Bank Of Kuwait Appoints Nasser Al-Sayer Chairman
National Bank of Kuwait (NBK), the country’s largest lender, announced that its board had elected Nasser Musaed Al-Sayer as…
Swiss Banking giant joins Qatar World Cup debate
Banking giant Credit Suisse has warned of the consequences should Qatar lose the rights to host the World Cup in…
Three Saudi IPOs raise SR1.73 billion in Q2
The initial public offering (IPO) market in the Gulf Cooperation Council (GCC) in the second quarter (Q2) of 2014 started…
Arcapita Bank hires JP Morgan to float Irish energy firm
Bahrain-based Arcapita Bank has hired JP Morgan to lead a share listing for Irish energy firm Viridian Group, two sources…
Standard Chartered blames lower profits to margin compression
Standard Chartered Bank on Tuesday attributed decline in its UAE profits to heightened competition and margin compression in all major…
Arab Banking Corp net profit rises 22%
Arab Banking Corporation (ABC) Tuesday announced that its consolidated group net profit for the first half of 2014 was $…
aafaq – Islamic Finance Company and MENACORP sign strategic partnership
aafaq - Islamic Finance Company, a UAE-based leading Shari'a-compliant financial services group and MENACORP, the UAE's leading investment bank, have…
Kuwait's KFH says waiting on approval to hire new CEO
Kuwait Finance House is awaiting regulatory approval to hire the former head of consumer banking at National Bank of Kuwait…
Turkey’s Top Aide Seeks Limits to Influence of Foreign Banks
Turkey needs to strengthen control of its banks and limit foreign ownership, Prime Minister Recep Tayyip Erdogan’s chief economic adviser…