Trafigura gets $400 mln loan from Mideast banks-sources
Commodities trader Trafigura has taken a $400 million loan from a group of Middle Eastern banks, as the group looks…
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Deutsche Bank Layoffs and Bonus Cuts Could Trigger Exodus
Deutsche Bank has announced layoffs and bonus cuts to senior staffs, designed to save €4.5bn (£3.6bn) a year as part…
Oil gains on Middle East tensions not yet enough to threaten global growth – Coutts
The heightened risk of Israel acting unilaterally against the threat of Iranian nuclear weapons has driven the oil price…
Jordan War Talk Hurts Real Estate Sector
Jordan’s once booming real estate sector is struggling under political and economic uncertainty while, citing the crisis in neighboring…
Asset Management Growth Stalls as Risks to Profitability Emerge – RESEARCH
The $58 trillion global asset-management industry faces rising headwinds and its growth has stalled, putting the industry's attractive economics at…
Deutsche Bank renews push for ultra rich clients
Deutsche Bank wants to expand its investment advisory offerings for ultra-rich clients as it overhauls its asset and wealth management…
Fifth of UAE bank assets exposed to property – cen bank
More than a fifth of UAE banks’ assets are exposed to the Gulf state’s real estate market, a report published…
Amanie Advisors launch office in Oman
With the 2011 decree authorizing Islamic banking operations in Oman, Amanie Advisors, a globally recognized Shariah advisory firm in…
Global law firm adds Dubai finance partner
The Dubai office of global law firm K&L Gates LLP welcomes Natalie Boyd as a partner in its finance practice.…
RBS, others sue Dubai Group over $10 billion debt
Royal Bank of Scotland and two other banks have begun legal proceedings against an investment vehicle owned by Dubai's ruler,…
NBO tie-up with Reliance Wealth Management
National Bank of Oman has joined hands with Reliance Wealth Management to provide distinct Indian investment products to NBO's…
Islamic bank Kuveyt Turk plans launch in Germany
Turkish bank Kuveyt Turk plans to launch Germany's first full-fledged Islamic bank, aiming to tap into demand for ethical finance…