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Industry News

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UBS GWM: Nearly Half of Stock Trades Done Online in APAC

Private Banking

Axa IM closes A-rated PM's multi-asset fund

EuropePortfolio ManagerLuxembourg

EFG Profit Edges Higher on Trading Boom

Private Banking

JPM’s Santos Sees Beginning of Long Depreciation of the Dollar

US

UBS Says U.S. Could Label Switzerland a Currency Manipulator

Europe

AllianzGI to ‘vigorously’ defend against US pension plan’s losses lawsuit

Asset ManagementUS

ECB Leans Toward Asking Banks to Halt Dividends This Year

Europe

Customers urged not to disclose personal information – CBUAE

MENA/GCC

S&P 500 rises as fiscal stimulus hopes offset Sino-U.S. worries

US

Bahrain’s Al Salam Bank partners with Bahrain bourse, Central Bank on new Shari’a-compliant framework

MENA/GCC

Dubai’s Emirates NBD lists $750m bond on Nasdaq Dubai

MENA/GCCDubai

Dubai Islamic Bank posts 23% dip in net profit for H1 2020

MENA/GCCDubai

Ackman-backed blank check company's units rise in NYSE debut

USNew York

Russia Signals Return to Fiscal Conservatism With Future Budget Cuts

Russia/CIS

The Lowest Tax Rate in the World? Russia’s ‘IT Tax Maneuver’

Russia/CIS

Russia's Elite Vaccinated for Coronavirus Since April – Bloomberg

Russia/CIS

Indian Fintech Unicorn Invests in Merchant Platform Fave

IndiaAsiaCEO

Oil falls as U.S. posts surprise rise in crude inventories

US

Middle East wealth funds hunt for bargain deals from COVID-19 sell-offs

MENA/GCC

GCC utilities sector less exposed to deteriorating conditions - S&P

MENA/GCC

Banks back further state intervention in trade finance market

EuropeUS

Treasury borrows $635 mln through auctions

Turkey

Private Markets: The New Herd Mentality?

EuropeCEO

Huatai Eyes Top Spot for Chinese Offshore Trading

Asia