Retail Banking

FinTech

Standard Chartered launches shariah compliant corporate online banking service

December 12, 2012

Standard Chartered Bank has announced the launch of an Islamic version of its award-winning online banking platform, Straight2Bank. The enhanced…

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Investment Banking

Pay of CEOs and their management teams – RESEARCH

December 12, 2012

A new report from global management consultancy Hay Group which reviews the pay of CEOs and their management teams. The…

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FinTech

Standard Bank South Africa launches contactless card payment technology

December 11, 2012

Standard Bank South Africa has also implemented cashless payment systems at numerous festivals throughout South Africa All Gold and Titanium…

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New Investment Products & Services

Union Bank of India to expand its overseas presence; to open offshore unit in Dubai

December 10, 2012

Public sector bank, Union Bank of India, has announced that it has been allowed to set up an offshore banking…

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Mergers & Acquisitions

Burgan wins approval to acquire Turkish bank

December 9, 2012

Kuwait’s Burgan Bank said it has won approval from Turkey's Banking Regulation and Supervision Agency (BRSA) on a share purchase…

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Comment & Analysis

Moody’s Downgrades Three Dubai Banks

December 9, 2012

Three Dubai banks including Emirates NBD and Mashreq Bank have had their credit ratings downgraded by Moody’s amid concerns of…

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Islamic Finance

Emirates Islamic, Dubai Bank complete integration

December 6, 2012

Emirates Islamic Bank has announced that it has successfully completed the integration of Dubai Bank customers, branches and operations into…

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Hedge Funds & Alternative Investments

Emirates NBD official banking partner of Omega Dubai Ladies Masters for seventh successive year

December 6, 2012

Emirates NBD has announced that it would serve as the official banking partner for the Omega Dubai Ladies Masters, for…

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Hedge Funds & Alternative Investments

Citigroup says plans sale of Turkish retail banking business

December 5, 2012

Citigroup is looking at the possible sale of its consumer banking business in Turkey, leaving it to focus on corporate…

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Investment Banking

Hapoalim in talks to buy Discount Bank New York

December 4, 2012

Bank Hapoalim CEO Zion Kenan is in poll position ahead of his great rival Bank Leumi CEO Rakefet Russak-Aminoach in…

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New Investment Products & Services

BBK launches Al Wajaha banking service

December 4, 2012

The Bank of Bahrain and Kuwait, Bahrain’s pioneer in retail and commercial banking, announced the launch of Al Wajaha, an…

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Hedge Funds & Alternative Investments

Gulf Air and Standard Chartered Bank Launch co-branded Credit Card

December 3, 2012

Gulf Air and Standard Chartered Bank in Bahrain have announced a first in the Kingdom and the Middle East -the…

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