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Sotheby’s in Talks to Help Saudi Prince Build Desert Art Oasis
Saudi Arabia hired HSBC Holdings banker Rayyan Nagadi to set up a privatization unit at the ministry of financ...
Emirates NBD reported a better-than-expected increase in full-year profit as lending rose and loan loss charge...
Bandhan Bank Ltd., India’s newest lender, will combine with mortgage financier Gruh Finance Ltd. in a $11.7 bi...
Saudi Arabian banks may report double-digit earnings growth this year as rising interest rates and increased g...
National Commercial Bank and Riyad Bank are seeking advisers for a potential merger that would create the Gulf...
Qatar is considering increasing its stake in Deutsche Bank AG, Handelsblatt reported, citing an interview with Yousef Mohammed Al-Jaida, chief executive officer of state-owned Qatar Financia... Read more
Stewart Lockie, General Manager of retail banking in ABK, discusses the opportunities in retail banking. How do you see the year ahead for retail banking in the region? Are you optimistic ab... Read more
Speculation is swirling in India’s local media on who will be the next central bank governor after Urjit Patel’s abrupt exit on Monday. There’s no obvious successor yet, and given the cloud... Read more
Standard Chartered Plc is cutting jobs in Dubai and key markets including Singapore as it looks to curb expenses, people familiar with the matter said. Some senior roles are included in the... Read more
Abu Dhabi Islamic Bank PJSC, the United Arab Emirates’ second-biggest bank complying with Muslim banking rules, said it obtained the Abu Dhabi Executive Council’s approval to allow foreigner... Read more
Abu Dhabi Investment Authority’s global head of internal equities Gregory Eckersley has left after almost five years at the sovereign wealth fund, according to an official at the firm. ADIA... Read more
State Bank of India Chairman Rajnish Kumar wants to assure investors he’s in complete control of the “demon” of soured loans. Not so fast, Aladdin. The bank’s first quarterly profit in 12 mo... Read more
Steve Eisman, the Neuberger Berman Group money manager who famously predicted the collapse of subprime mortgages before the 2008 financial crisis, is shorting two UK banks over expectations... Read more
Abu Dhabi’s merger of three state-linked banks is set to create two new lenders, according to people with knowledge of the matter. Under plans being discussed, Abu Dhabi Commercial Bank PJSC... Read more
Regulators have proposed a softer oversight regime that dials back rules for U.S. banks considered unlikely to pose a threat to the financial system — a step meant to limit the toughes... Read more
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