Industry News

Industry News

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UAE bank NBAD raising $2 bln loan to refinance debt, provide new funds

MIDEAST STOCKS-Gulf may have soft tone; UAE and Qatar earnings lacklustre

Mayor of London says banks must have post-Brexit access to Europe

Paris Seeks to Host European Banking Authority Post Brexit

Russia considers selling stake in VTB for 103 bln roubles after 2017

Deutsche Bank Said to Review Valuations of Inflation Swaps

Santander enjoys solid quarter despite turmoil in key markets

Lloyds Banking Group Plc, Britain’s largest mortgage lender, said it expects to maintain lending margins next year and reassured investors on its outlook for dividends

BoE's Woods says no let up in bank regulation due to Brexit

Banks in the European Union will get more time to adjust to new rules aimed at making sure that lenders hold enough capital against risky assets on their trading books, an EU document showed on Wednesday

MIDEAST STOCKS-Gulf markets weighed by low oil prices, weak earnings

CenterOak Partners adds three to team

Hungary’s central bank kept its benchmark interest rate at a record low for a fifth month before it embarks on a policy to squeeze out commercial-bank deposits to cut borrowing costs

DBS, Julius Baer weighing bids for ABN AMRO Asia private banking business

UPDATE 2-India's Axis Bank net profit slumps as bad loans rise

Julius Baer Group Ltd., DBS Group Holdings Ltd. and LGT Bank are considering bids for ABN Amro Group NV’s private-banking business in Asia

EFG-Hermes Holding SAE, the largest independent Arab investment bank, plans to open a New York office to serve institutional clients in the U.S. as links end with Auerbach Grayson & Co. in the country

Kuwait's Gulf Bank seeking regulatory approval for CEO appointment

Monte dei Paschi to offer debt conversion to all bondholders

MIDEAST STOCKS-Gulf banks could attract interest after results, Egypt may wobble

BRIEF-Lazard acquires remaining stake in MBA Lazard

MIDEAST STOCKS-Buoyant investor sentiment lifts Saudi, Egypt cools

UK banks get ready to report third quarter results, forecasts of non-core dragging on profits at Barclays and pension problems predicted at Lloyds

Katherine Braddick appointed new DG for financial services in UK, replacing Charles Roxburg