Seven new hires for Deutsche’s global transaction banking
Deutsche Bank’s Global Transaction Banking (GTB) division has announced several key appointments in its Trust & Securities Services and…
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Bank Sohar Selects Path's iMal System
Bank Sohar has announced that they have inked pact at a signing ceremony in Muscat, Oman. As per…
Financial fraud: When gatekeepers see no evil, hear no evil and speak no evil
Last fall, I argued that the violent reaction to Occupy and other protests around the world had to do with…
Standard Chartered launches Islamic wealth product range aimed at HNWIs
Standard Chartered Private Bank has launched a suite of Islamic wealth management products aimed at high net worth clients across…
Turkey to mandate banks for sukuk sale -sources
Turkey is set to mandate HSBC, Citi and Deutsche Bank to manage the sale of its first sukuk, or Islamic…
Syrian funds come under UAE scanner
Banks and financial institutions in the UAE have started searching for any accounts, investments, money deposited and transferred by 139…
UAE Exchange launches banking kiosk
Several branches of UAE Exchange in Abu Dhabi have recently deployed kiosks to help customers make remittance and bill-payment transactions.…
Europe crisis an opportune time for GCC to develop its economy
Last week, the German Parliament approved the adoption of fiscal and ESM treaty hoping to overcome the current economic debt…
Preserving wealth most important aspect of managing investments – study
The 2012 survey, undertaken by J.P. Morgan Private Bank, was conducted with more than 120 single family offices across the…
Fund houses eye Middle Eastern wealth
At a behind-closed-doors roundtable* in Singapore last month, senior investment executives discussed the potential for drawing on the substantial pool…
South Africa poised to launch debut Islamic bond
South Africa is preparing to launch sub-Saharan Africa's first Islamic bond, paving the way for issues by other countries in…
The Kingdom of Saudi Arabia issues new finance laws
KSA; Al Tamimi & Company has learned that on 2nd July 2012 the Saudi Council of Ministers issued a package…