UBS's second-quarter 2013 result
UBS delivered a second-quarter adjusted¹ profit before tax of CHF 1,022 million. On a reported basis, profit before tax was…
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StanChart hires ex-Morgan Stanley banker for Middle East push
Asia-focused bank Standard Chartered has hired Sarmad Lone, previously with Morgan Stanley Inc, to help boost the lender's business with…
Barwa Bank Wins Four Financial Awards
Barwa Bank, which provides a full range of Shari'ah compliant banking services including retail, corporate and commercial banking, real estate…
Morgan Stanley names new Qatar head as deal activity revives
Morgan Stanley has appointed Qatari national Abdulla al-Ansari as the bank's new Head in the country Al-Ansari, who has…
Burgan Bank wins “Best Domestic Retail Bank of the Year”
Burgan Bank announced hat it has won the coveted “Best Domestic Retail Bank of the Year” award from the Asian…
Barclays fights financial authority findings on Qatar deal
Barclays said today it was contesting the preliminary findings of a British regulatory probe into its commercial agreements with…
Early Warning for Rating Agencies and Investment Banks
Law firm Corrs Chambers Westgarth has cautioned credit rating agencies, investment banks and investment managers to tread carefully when promoting…
IMF gives thumbs up to UAE on economy
Growth prospects in the UAE are positive, the IMF said, but warned about the risk of a renewed boom-bust cycle.…
HSBC Bank Oman net profits up 28%
HSBC Bank Oman S.A.O.G. announced a 28% increase in net profit to reach RO9.3m and a 72.7% rise in net…
Bank Sohar to appoint consultant to study merger
Muscat Bank Sohar board has decided to appoint a consulting firm to study the proposed merger with Bank Dhofar. …
Israel Diamond Exchange Negotiate With Tax Authority Over Diamantaires' Fate
Israel's tax authority and the Israel Diamond Exchange are currently in negotiations as to whether diamantaires who were involved…
Cyber security must rise up the Boardroom agenda, says KPMG
Cyber security is central to long-term economic growth Government initiative should be grasped with both hands by FTSE 350…