UAE calls for IMF, World Bank support in Mena region
Addressing the International Monetary Fund (IMF) and World Bank Group Annual Meetings in Bali, Indonesia, Obaid Humaid Al Tayer, Minister…
Investment Banking
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The head of EMEA equity sales quietly left Bank of America Merrill Lynch
Michel Sindelbar, the former head of Eastern Europe, Middle East and Africa (EEMEA) equities sales and then EMEA distribution at…
J P Morgan appoints senior expert to Mena team
J P Morgan Private Bank, a global financial leader providing advice and customized solutions, has announced the appointment of Adrian…
Deutsche Bank, HSBC, Citi Join New $3.8 Billion Deal With Egypt
Egypt struck a deal to get $3.8 billion in new financing from an international consortium that includes Deutsche Bank AG…
Egypt’s EFG Hermes looks to Saudi business for expansion
Egyptian investment bank EFG Hermes hopes to close a deal to acquire a Nigerian broker next month and is hoping…
Standard Chartered said to prepare for $1.5bn fine over Iran
Standard Chartered is bracing for a potential penalty of around $1.5 billion from US authorities for allowing customers to violate…
Citi’s Middle East banking business is no joking matter
At around 6 p.m. last Tuesday, Atiq Rehman was racking his brains for a joke. The CEO of the…
Standard Life in Talks With Saudis Over Seeding Local Funds
Standard Life Aberdeen Plc is in talks with Saudi Arabia about starting one or more investment vehicles that would be…
The renaissance of Egyptian investment banking
Ali Khalpey is used to building up new businesses. In the past he has done so at Renaissance Capital and…
Credit Suisse's Saudi Odyssey
Credit Suisse has been airing its ambitions for the oil monarchy for years now. Despite the bank’s good connections in…
Citigroup plans to grow offshore booking centre in UAE
Citigroup plans to boost the United Arab Emirates' role as an offshore booking centre and is working towards a full…
StanChart Said to Brace for New Iran Fine of $1.5 Billion
Standard Chartered Plc is bracing for a potential penalty of around $1.5 billion from U.S. authorities for allowing customers to…