US investment bank Stifel announces opening of Israel office
Stifel Financial Corp., a leading American multinational brokerage and investment banking firm, announced the opening of its first office in…
Investment Banking
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Saxo Bank 2020 Outrageous Predictions
Saxo Bank has released its 10 Outrageous Predictions for 2020. The predictions focus on a series of unlikely but underappreciated…
Arqaam Shuts South African Office as Brokers Cut Coverage
Arqaam Capital Ltd. is closing its South African office, a person familiar with the situation said, as the Dubai-based investment…
BNY Mellon’s Pershing hires Helen Oxley and Andrew Duffin
Helen Oxley and Andrew Duffin have joined BNY Mellon’s Pershing as business development directors to expand its sales and client…
HSBC Securities Services names new MENAT region head
Noor Adhami has been appointed as head of HSBC Securities Services for the Middle East, North Africa and Turkey region,…
Emirates NBD Has Cut Over 400 Jobs Since October-Sources
Dubai's largest bank, Emirates NBD, has cut between 400 and 500 jobs since October, sources familiar with the matter said,…
Al Fulaij: National Bank of Kuwait looks to diversification
Kuwait is in an excellent position to grow with low break even oil price and high income CBK was proactive…
Emirates NBD rights issue draws $4.9bn
Emirates NBD Bank has announced that its rights issue was oversubscribed approximately 2.8 times as a result of strong demand…
Credit Suisse Waves Goodbye to Saudi Deal
Low demand for shares of Saudi Aramco has consequences for Switzerland’s Credit Suisse – the bank is no longer in…
CMA allows SICO to offer asset management services in Saudi Arabia
SICO BSC, a leading regional asset manager, broker, market maker and investment bank (licensed as a wholesale bank by the…
Bank Hapoalim Announces Third Quarter 2019 Financial Results
Bank Hapoalim (TASE: POLI) (ADR: BKHYY), announced its financial results for the third quarter ended September 30, 2019. Key…
Al Salam Bank-Bahrain and MSA Capital (China) to launch $50 million MEC ventures positioning Bahrain as MENA's gateway to the digital Silk Road
Al Salam Bank-Bahrain has partnered with China-based MSA Capital to launch Al Salam-MSA Bahrain Fund I, I.L.P., a US$50 million…