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Industry News

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Client fund surge sends Close Bros above £10bn

Danske’s latest selloff brings 2018 market loss to $10 billion

Dubai Islamic Bank Q2 profit rises 14.6%

Vontobel CIO on low volatility: stop thinking this is normal

Saudi grants banking licence to Commercial Bank of Iraq

Franklin Templeton Korean Move Stalls

An algo developer who joined Goldman Sachs a year ago just quit for Citi (Alex Skrypnik)

It’s adapt or die in the new Saudi Economy

Dubai’s Emirates NBD sees Q2 profit surge 30%

Bernanke warns against reading wrong yield curve signal

World Cup Star to Launch Venture Fund

LGT Bolsters Thai Wealth Team (Karn Karuhadej, Lalitta Prachakit)

Lloyd Blankfein Steps Down as Goldman Sachs CEO (Lloyd Blankfein, David Solomon)

Foreigners Spent $1.5Bln in Russia During World Cup, Bank Says

Goldman Sachs upgraded to outperform by C Suisse, shares off lows

Financial experts call for new UAE gratuity payment legislation

Danske Bank drops 9% after pledge to forfeit money laundering gains (Philippe Vollot)

Fidelity Poaches from Julius Baer (Johann Santer)

Mideast stocks factors to watch on July 18

Raiffeisen CEO steps down following regulatory challenge (Patrick Gisel)

Optimal returns from the sub-prime market: a selector’s view

Comgest bolsters star-studded team with new hire (Junzaburo Hyuga)

Skagen axes credit fund as assets fail to grow

Goldman to formally name David Solomon next CEO early this week –