How has banking IT changed after the industry's Armageddon?
The global financial services sector still faces upheaval, five years after the credit crunch decimated its ranks. But how have…
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ADIB Community Banking To Serve Non Profit Organisations
Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services institution, announced Monday the launch of ADIB Community Banking to…
Standard Chartered's $340m fine is not the last dish on the menu
Standard Chartered's $340m settlement with New York regulator Benjamin Lawsky after accusations that it violated US Iran sanctions with more…
Bank Audi issues positive midyear report despite Lebanon’s fiscal woes
Bank Audi said that despite the economic slowdown in Lebanon this year the country was still able to avoid a…
Kuwait's NIG to repay $475 mln sukuk on time, drops delay request
Kuwait's National Industries Group Holding will repay its $475 million Islamic bond, or sukuk, when it matures on August 16,…
Dubai Holding enhances board structure at Jumeirah Group
Dubai Holding has announced an enhanced board of directors at Jumeirah Group (Jumeirah), its global luxury hospitality arm, aimed at…
BNP to seek initial bids for Egyptian retail arm sale: sources
"BNP has a relatively small market share in Egypt but with good potential for growth. They are still examining…
Merrill sees no big move in Bahrain office
The management of Merrill Lynch in Bahrain, after the global wealth management firm gets acquired by top Swiss bank Julius…
Sarasin-Alpen & Partners appoints new Senior Executive Officer
Sudarshan Malpani has been appointed as the Senior Executive Officer for Sarasin-Alpen & Partners. Sarasin-Alpen & Partners launched…
ABC Islamic Bank H1 net profits at $4m
Bahrain-based ABC Islamic Bank has revealed its net profit for the first half of the year at $4 million compared…
Jurisdictions take each other on in banking war
‘Who are they to tell us, the rest of the world, who we should do business with?’ This question might…
London asset manager sees increasing demand from wealthy Muslims
London Central Portfolio (LCP) – an asset manager in the UK with around half a billion pounds worth of residential…