UAE's oldest bank launches digital-only Neo
Mashreq Bank has launched Neo, a digital-only bank to cater to the needs of the millennial generation. The new bank…
Investment Banking
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Barclays taps Reid Marsh to run banking outside of the Americas
Barclays has appointed a senior industrials investment banker to oversee its banking activity outside of the Americas. Reid Marsh,…
Bank Aljazira Wins The Race For The First Blockchain Use Case In Saudi Arabia With Its Blockchain Ewallet
Bank Aljazira in its continued effort to provide its clients with outstanding services while protecting clients information to prevent fraud,…
Turkish banks' net profit up over 25 pct in Jan-Aug
Turkey’s banking sector received 33.28 billion Turkish liras ($9.68 billion) net profit between January and August this year, according to…
JPMorgan appoints Vis Raghavan as EMEA CEO
JPMorgan has appointed Vis Raghavan as chief executive of its Europe, Middle East and Africa business, according to a memo…
EIBank chief executive says investors should put aside cash amid high global market valuations
Emirates Investment Bank, the Dubai private bank also known as EIBank, is advising its clients to put more money aside…
JP Morgan, Sovereign Wealth Fund Raise €1.3 Billion Bond to Fund Naturgas Deal
A group led by JP Morgan Asset Management including sovereign wealth fund Abu Dhabi Investment Council has raised a €1.3…
HSBC tops Asiamoney’s New Silk Road Finance Awards
HSBC has been named Best International Bank in the Middle East and Africa for Belt and Road Initiative (BRI) in…
Ex-Barclays banker Boath pay row set to restart
A London court case in which a senior investment banker is suing Barclays for unfair dismissal is due to resume…
Dubai’s Arqaam Capital launches specialist fixed income funds in DIFC
Dubai-based investment bank Arqaam Capital has announced the launch of two specialist fixed income funds located within Dubai International Financial…
KHC closes $1.5bn deal to gain 16.2% stake in BSF
Kingdom Holding Company's Chief Executive Officer Eng. Talal Almaiman announced the closing of the company's deal to acquire 16.2 %…
Citi closes in on watershed year for European investment banking
Citigroup is taking the fight to rival investment banks and making big gains in Europe, the Middle East and Africa,…