UK Trying to Settle £1.25b Claim by Bank Mellat
The British government is locked in crunch talks in an effort to avoid a lengthy high court battle by settling…
Investment Banking
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HSBC Carves Special Role as Banker to the Saudis
When Saudi Arabia wanted to demonstrate it was open again for global investors after the killing of journalist Jamal Khashoggi,…
MUFG Recruits FX Veteran Chris de Sibert as a Director
Mitsubishi UFJ Financial Group, Inc. has managed to recruit Chris de Sibert as a Director for its operations in London…
ABN Amro takes stake in financial crime outfit Thetaray
ABN Amro's Digital Impact Fund has taken an undisclosed stake in Israeli Big Data analytics firm Thetaray. The Dutch…
Shuaa Capital nears merger with Abu Dhabi's ADFG
Shuaa Capital is close to finalising a merger with its largest shareholder Abu Dhabi Financial Group, as the Dubai-listed investment…
JPMorgan names co-head of technology investment banking
JPMorgan has promoted its long-serving head of investment banking for France to co-run its division advising technology companies in Europe.…
UAE tops in GCC bank assets with $682B
The UAE continues to boast the biggest share of total listed bank assets in the GCC at $682 billion or…
NAB teams up with Bank Leumi and CIBC for online innovation portal
The National Australia Bank has announced partnering with Israel's Bank Leumi and Canada-based CIBC to stand up an online portal…
Turkey approves establishment of investment bank Golden Global
Turkey’s banking regulator approved the establishment of a new investment and development bank named Golden Global Yatırım Bankası. The…
Egypt Remains Attractive for Investors
Foreign investors came to Egypt for what Renaissance Capital said could be the “best reform story” in emerging markets and…
Standard Chartered pioneers Trade AI Engine in partnership with IBM
Standard Chartered has officially launched the Trade AI Engine, a joint solution developed in partnership with IBM, to enhance the…
Wells Fargo Names John Langley Regional President for Europe, Middle East and Africa
Wells Fargo & Company has announced that John Langley has been named as the new regional president for Europe, Middle…