Bank Nizwa seeks relaxation for investing funds
Bank Nizwa is going to request the Central Bank of Oman for allowing the bank to get relaxation in deploying…
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Swiss private bank eyes Saudi market as it seeks to expand
Swiss private bank Julius Baer, which focuses on servicing high net worth individuals and independent asset managers, is considering establishing…
BMO Harris Private Banking Market Outlook: Positive Signs Resonate Worldwide in Early 2013
BMO Harris Private Banking's latest Market Outlook Commentary Report reveals that 2013 is off to a robust start with several…
ICBC rides high on Mideast boom
China's biggest lender Industrial and Commercial Bank of China (ICBC) said in Dubai Saturday that its Middle Eastearn branch achieved…
Ithmaar completes First Leasing merger, increases capital to US$758million
Ithmaar Bank has announced that it had merged with one of its Bahrain-based associates, First Leasing Bank. The announcement follows…
New Hedge Fund Deposits to Triple, Deutsche Bank Says
New allocations to hedge funds may more than triple this year, pushing the global industry’s assets to a new high,…
J.P. Morgan Private Bank names head of Middle East team
J.P. Morgan today announced that Jonathan Conner has been named head of its Middle East private banking team, and Ramsey…
Top UAE bankers cashing in on recovery
Bankers' pay packets are swelling as lenders return to profit and bad debts dwindle. Senior executives at four of the…
Taylor Wessing plays role in NASDAQ Dubai exchange advisory group
NASDAQ Dubai has established an advisory group of experts to prepare for a proposed new market for small and medium-sized…
Vontobel moves Dubai business to Geneva after good year
Bank Vontobel said Tuesday 19 February that it is moving its Dubai onshore business to Geneva and will make its…
NBAD ETF wins Best Exchange Traded Fund Award
The National Bank of Abu Dhabi's NBAD OneShare MSCI UAE ETF has won the Best Exchange Traded Fund of the…
Dubai Chamber and ICC launch regional banking commission
Dubai Chamber of Commerce and Industry in partnership with the International Chamber of Commerce (ICC) launched the first ICC Regional…