KPMG Annual Review 2011 Highlights Client Focus of Fastest-Growing of the Big Four
The KPMG International Annual Review 2011, released today, records a year of milestones for the KPMG global network of professional…
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Russell Investments names EMEA chief
Russell Investments has appointed Pascal Duval as chief executive of its Europe, Middle East & Africa (Emea) businesses. Duval will…
U.S. Sanctions key Iranian bank
The U.S. Treasury Department has slapped sanctions on Iran's third-largest bank and an affiliate for allegedly providing financial services to…
Exclusive: Dubai's Zabeel Investments' $1.6 billion debt talks
Debt restructuring talks at Zabeel Investments, owned by the crown prince of Dubai, have ground to a halt with multiple…
UAE leads Islamic banking world
Mohamed Hamed Rashid is confident on his investment structure. Already, he has thrown over $100,000 into funding a new alternative…
Sheikhs fall in love with renminbi
China and Qatar have been taking virtually opposite positions apropos events in Libya and Syria. Yet, they do not seem…
Risk-aversion boosts Saudi banks’ 2011 profits
Better efficiency spawned by post-crisis risk-aversion policy boosted the combined net earnings of Saudi banks by around 18.4 per cent…
Banque Saudi Fransi inks major deal
The Saudi Fund for Development of the Saudi Export Program has signed a cooperation agreement with Banque Saudi Fransi. The…
Challenges in wealth management
The top 10 cities of India contribute at least 70-80% of investments into mutual funds (MFs). The number of demat…
Al Hilal confirms $500m sukuk mandate
Abu Dhabi government-owned Al Hilal Bank has confirmed the appointment of three banks to manage its debut $500 million Islamic…
NBAD appoints new mergers head
The National Bank of Abu Dhabi (NBAD), has appointed a new head of mergers and acquisitions (M&A) to work in…
Bank merger sealed in Greece
The adjourned A´ Repeat Extraordinary General Meeting of the Shareholders of EFG Eurobank Ergasias S.A. which convened today, resolved the…