Turnaround complete, Bank Leumi seeks U.S. expansion
Avner Mendelson has made progress over his five years running Bank Leumi USA. When Mendelson became the bank's CEO…
Investment Banking
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Bank of America Merrill Lynch wins multiple awards
Bank of America Merrill Lynch has been recognised as the ‘Best M&A House in EMEA’, ‘Best Equity House in the…
Natixis to close commodity trade finance desks in Geneva and Dubai
French investment bank Natixis is to close commodity trade finance desks in Geneva and Dubai as part of its new…
Nomura hires former BNP Paribas trader for senior FX role
Japanese investment bank Nomura has hired a former senior trader at French lender BNP Paribas to head currencies trading in…
Alasdair Warren latest executive to leave Deutsche Bank
Alasdair Warren, a Goldman Sachs partner who was recruited to help lead Deutsche Bank’s investment bank less than three years…
First Abu Dhabi Bank appoints new CEO for UK operations
First Abu Dhabi Bank (FAB) has appointed Paul Hartwell as Chief Executive Officer of the bank’s operations in the United…
Societe Generale settles Libor and Libya investigations as analysts cast doubts on potential for Unicredit tie-up
French banking giant Societe Generale today announced the settlement of US and French legal actions for allegedly rigging the Libor…
Abraaj expands role of Houlihan Lokey as creditors circle -sources
Abraaj has expanded U.S. investment bank Houlihan Lokey’s role to include advice on the sale of its investment management unit…
Emirates NBD signs Pioneers Waseet for clearing services
Emirates NBD said it has signed UAE-based Pioneers Waseet Securities as trading member to avail the bank’s settlement and clearing…
‘Deutsche Bank looking to sell stake in Dubai-based Abraaj’
Deutsche Bank is looking to sell its small stake in Dubai-based Abraaj, the embattled private equity firm involved in a…
Two senior executives resign from Abraaj
The departures come mere months following their appointment as part of the private-equity firm’s restructure Two more senior executives…
Deutsche Bank cuts 8 equities research positions in Dubai
Deutsche Bank has cut eight positions within its equities research team in Dubai, as it moves to close the unit…