Noor Bank appoints Head of Group Strategy and Projects
Noor Bank has announced the appointment of Rajesh Sethi as Head of Group Strategy and Projects. Rajesh is responsible for…
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Standard Chartered fined $300 million over laundering controls
New York's banking regulator hit Standard Chartered Bank with a $300 million fine and restrictions on its dollar-clearing business today…
Saudi banks’ distressed loans down 4% to SR16bn in Q2
The volume of non-performing loans in the Saudi banks dropped by 4 percent to SR16 billion by the end of…
A brief history of Crédit Agricole Private Banking from its UAE head
Crédit Agricole is one of the leading European banking groups, and has had a presence in the Middle East for…
National Bank Of Kuwait appoints new Chairman
National Bank of Kuwait, the country’s largest lender, announced that its board had elected Nasser Musaed Al-Sayer as the new…
RBC GAM hires international CEO
RBC Global Asset Management, the asset management arm of Royal Bank of Canada, has announced the appointment of Clive Brown…
Standard Chartered fined $300 million over laundering controls
Benjamin M. Lawsky, Superintendent of Financial Services, announced an order today regarding Standard Chartered Bank's ("SCB") failures to remediate anti-money…
CEO of Dubai financial zone authority resigns
effrey Singer said on Wednesday that he had resigned as chief executive of the DIFC Authority, which oversees Dubai's financial…
Monolithic investment banks need a reality check
Over the decades, global investments banks such as Goldman Sachs and Credit Suisse have enjoyed stellar reputations due to the…
Arab investors spending big to refurbish prominent Paris hotels
As many as five of Paris’ most notable hotels are receiving hundreds of millions of dollars in upgrades as sovereign…
Nakheel repays all AED7.9 billion bank debt – four years ahead of time
Dubai developer Nakheel today confirmed the early repayment of its entire AED7.9 billion bank debt, nearly four years before the…
Alkhabeer Capital release latest market research on GCC
GCC markets closed mixed for the week with Qatar’s benchmark index outperforming its regional counterparts according to Alkhabeer Capital. …