(Bloomberg) — The first U.S. coronavirus death. Signs the disease is squeezing China’s economy. A possible outbreak in Washington State. Trading may have stopped, but the drumbeat...
(Bloomberg) — JPMorgan Chase & Co. is planning to enter the U.K. consumer-banking market in the next few months, offering a range of savings and loan products...
The UAE’s Central bank has said that it was closely monitoring the financial sector after banks in the country cut jobs by letting go of hundreds...
Dubai’s largest bank is selling ‘kangaroo’ bonds with a 10-year maturity, according to media sources. Emirates NBD has hired ANZ, Emirates NBD Capital, Mizuho and Nomura...
First Abu Dhabi Bank (FAB) has issued bonds worth over AED 3 billion via two separate public issuances in three days, marking its first-ever Sterling bond...
(Bloomberg) — Abu Dhabi Islamic Bank PJSC is seeking to save about 500 million dirhams ($136 million) by cutting jobs and closing branches as sluggish economic growth...
(Bloomberg) — A Middle East operation of Pakistan’s largest bank displayed “significant irregularities” in dealings with politically exposed clients and screening some transactions, according to an inspection...
The Emirati Dirham (AED) has been included in the soon to be launched Buna, a multi-currency payment platform affiliated with the Arab Monetary Fund. The Emirati...
Riyad Bank, Saudi Arabia’s fourth-largest bank, has announced that it has employed international and regional banks for potential issuance of a dollar-denominated Sukuk. The announcement that...
Bank Nizwa was recently awarded the ISO 27001:2013 certification in recognition of its commitment to provide best-in-class banking services through adopting best security practices and employing...
