Industry News

Industry News

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Ex-Light Street Partner Launches His Own Fund

Covid-19, streamlining costs cut Discount Bank profit 42%

Israel

Migdal, Harel lead investment in new Group 11 fund

Israel

First Int'l Bank posts NIS 750m profit for 2020

Israel

Greece Declares It’s Back in Bond Markets After Near-Record Sale

Greece

Mideast Stocks: Most of Gulf falls in line with global shares

MENA/GCCUS

Citi Private Bank Loses China Heavyweight

Private BankingAsiaHong Kong

Asset Managers Ended 2020 With Record Revenues

Asset Management

Lex Greensill: Perils of the Perfect Banking Client

ECB’s Weidmann Says Size of Yield Increases Not Too Worrying

Europe

SocGen to Cut Investment Bank Bonuses 20% After Trading Losses

Investment Banking

NCB, Samba shareholders approve merger to create Saudi National Bank

Saudi Arabia

Qatar's Masraf Al Rayan to double sukuk programme size to $4bln

MENA/GCC

Banque Saudi Fransi board recommends $127.9mln dividend

UAE-based Gulf Islamic Investments acquires $300mln Paris property

MENA/GCC

Saudi's Arabian Centres, Alhokair to buy 51% stake in UK's VogaCloset for $37mln

Saudi Arabia

Dubai-listed Tabreed ties up with World Bank's IFC to invest in Asian markets

MENA/GCCDubai

Saudi's Alinma Bank announces $158.9mln dividend

Saudi Arabia

Ex-UTIMCO Team Starts Private Markets Firm

HSBC Ramps Up Expansion of Asset Management Biz in Asia

Asset ManagementAsia

Russia May Slash Borrowing This Year as Oil Revenues Surge

Russia/CIS

Saudi recovery remains weak; economy to grow at 2.3% this year

Saudi Arabia

UAE, Saudi Arabia sovereign borrowings to hit $51.4bln this year: S&P

Saudi ArabiaMENA/GCC

UAE stocks gain $1.36bln in market value

MENA/GCC