Bankers fear repeat of 2008 meltdown
Europe's financial system is in the midst of a crisis that leading bankers are comparing to the period just before…
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Key role for Mubadala in Carlyle's market float
Mubadala Development, a strategic investment company owned by the Abu Dhabi Government, is among the first to benefit from an…
Fund managers bullish on stocks in Q3, HSBC says
Global fund managers are bullish on stocks for the third quarter, as the turmoil in financial markets offers investors “attractive…
A crisis that could 'eclipse the Depression'
At the beginning of this week, Europe's top bankers marked the end of the summer holidays and the return to…
UAE banking sector on recovery track
The UAE banking sector will continue to steadily recover into the next year, reveals a latest forecast. According to a…
Gulf likely to feel blows hitting euro-zone banks
The crisis hitting banks in the euro zone is expected to leave bruises on Gulf lenders as global credit gets…
First Gulf Bank plans four Asia offices to boost financing role
Abu Dhabi-based First Gulf Bank (FGB) plans to set up four more representative branches in southeast Asia in a push…
Oxford Business Group appoints new Regional Director for Gulf
Oxford Business Group (OBG), the global publishing, research and consultancy firm, has promoted Michelle Solomon to the position of Regional…
International law firm appoints new head of UAE
International law firm Trowers and Hamlins LLP announced the newly created role of head of UAE as part of a…
Middle East banks are in much better shape than those in the US and Europe
Bankers are finally feeling the pinch after three years of bumper profits and big bonuses despite government bailouts in the…
Former Hapoalim chairman to be indicted
State Prosecutor Moshe Lador has decided to indict former Bank Hapoalim chairman Dan Dankner on charges of bribery, aggravated fraud,…
Standard Chartered seats new CEO for UAE
Standard Chartered announced Jonathan Morris as the new Chief Executive Officer for the UAE. Jonathan succeeds Jeremy Parrish, who has…