Industry News

Industry News

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Saudi Arabia's biggest bank NCB posts 23.7% rise in quarterly profit

MENA/GCCDubai

Wells Fargo targets 6% yield with enhanced income fund launch

Asset ManagementUS

HSBC Restructures Further and Faster

USCEO

Bank of China Expands Offshore Bond Team Headcount

Investment BankingAsset ManagementAsiaManaging DirectorLondonSingapore

Postfinance: New Strategy, New Job Cuts

Andrea Orcel Suffers Setback vs Santander

Investment BankingEuropeCEOMadrid

U.S. Fintech Eyes Growth in Asia

AsiaUSSingaporeNew York LondonZurich

Libra Launch Imminent?

EuropeGeneva

Hedgies See SPACs Flounder

Elsztain matches Mega Or's bid for Discount Investment

Israel

Global equities tumble after Covid-19 fears and US jitters

USAsia

China Proposes Ban on Yuan-Linked Stablecoins

Asia

Turkish Central Bank to Reckon With Inflation as Lira Casts Pall

Turkey

London stocks slip as new coronavirus curbs dent mood

EuropeLondon

UAE banks provide $4.8bln in credit facilities to non-residents in 8 months

MENA/GCC

Mideast Stocks: Property shares buoy UAE bourses; Egypt snaps losing streak

MENA/GCC

Kuwait is the GCC state most impacted by the low oil price

MENA/GCC

Credit Suisse Grows Australia Private Bank

Private Banking

Lazard AM poaches second specialist team from New York boutique

Asset ManagementPortfolio Manager

Standard Life Aberdeen and Fidelity sign letter demanding action on black inclusion

Europe

Lira Weakens Past 8 per Dollar as Currency Rout Deepens

Turkey

How payment digitisation can stimulate economic growth in the Middle East

MENA/GCC

National Bank of Kuwait's Q3 net profit drops 38% on bad debt provisioning

MENA/GCC

Prime Minister warns “time is very short” for a Brexit deal

Europe