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Industry News

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

Raiffeisen CEO steps down following regulatory challenge (Patrick Gisel)

Dubai Islamic Bank Q2 profit rises 14.6%

Dubai’s Emirates NBD sees Q2 profit surge 30%

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

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

Vontobel CIO on low volatility: stop thinking this is normal

Bernanke warns against reading wrong yield curve signal

Financial experts call for new UAE gratuity payment legislation

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

Saudi grants banking licence to Commercial Bank of Iraq

World Cup Star to Launch Venture Fund

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

Skagen axes credit fund as assets fail to grow

Franklin Templeton Korean Move Stalls

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

Fidelity Poaches from Julius Baer (Johann Santer)

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

Deutsche Bank profits surpass market expectations

Prince Alwaleed offers support to Saudi crown prince's reform agenda

UBS Wealth appoints new Midlands boss (Dave Price)

Deutsche Bank cut 40 jobs a day as its investment bank lost market share

Barclays Leads European Banks' Pursuit of Risky U.S. Debt

BlueBay launches alternative credit fund