BofA appoints EMEA prime broking head
Bank of America Merrill Lynch has hired Martina Slowey as its EMEA head of prime brokerage, according to an internal…
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Retirement: a reality check – Simon Williams, Group Head of Wealth Management, HSBC
Many people are still not saving enough for old age - and the shortfall has got worse following the economic…
Standard Chartered Names Head of Mideast M&A
Standard Chartered announced the appointment of Tom Emmet as head of mergers and acquisitions (M&A) for the Middle East and…
Saudi bank assets at SR180bn
The combined assets of Saudi Arabia’s banks swelled by nearly SR180 billion (Dh178 billion) in 2012 and the bulk of…
Cross-Border Tax On Islamic Finance Prohibitively High
A new study into the cross border tax burden on Islamic finance transactions in the Middle East and North Africa…
Oman's Bank Muscat gets $195m equity investment from IFC
Bank Muscat agreed on an equity investment worth 75.1 million rials ($195.1 million) from the International Finance Corporation, it said…
Al Baraka posts 13% rise in 2012 profit
Bahrain-based Islamic lender Al Baraka Banking Group recorded a 24 per cent increase in fourth-quarter net income, the bank said…
Dubai could learn from London to build Islamic finance hub
The Lord Mayor of The City Of London might sound like a character out of a fairytale or pantomime but…
Clients Rank State Street No. 1 Globally for Securities Lending Among Custodians in Satisfaction Survey
Clients ranked State Street No. 1 globally among custodians in Global Investor/isf magazine's 2012 Beneficial Owners Survey on securities lending.…
Bahrain's Ahli United Bank posts Q4 profit rise
Ahli United Bank, Bahrain's largest lender by market value, posted on Tuesday an 11.8 percent gain in its fourth-quarter net…
Crédit Agricole Egypt 2012 net profit up 53 per cent
From a core business performance perspective, net operating income before provisions and taxation was up 30.5 per cent over 2011.…
Qatar Holding to launch new $12 billion investment firm
Qatar Holding, a unit of the Gulf Arab state's sovereign wealth fund, will launch a new investment firm worth $12…