October 14, 2018

SoftBank selects Nomura, Goldman Sachs, Deutsche to lead...

SoftBank Group has picked banks including Nomura Holdings, Goldman Sachs and Deutsche Bank as lead underwriters for the initial public offering of its Japanese wireless business, said people with knowledge of the matter.

The"...

Read More >
October 10, 2018

QNB Group: Financial Results for the Nine Months Ended 30...

QNB Group, the largest financial institution in the Middle East and Africa (MEA) region, announced its results for the nine months ended 30 September 2018. For the nine months ended 30 September 2018, Net Profit reached QAR10.8 billion (USD3.0 billion), up by 6% compared to same period last year, despite the impact of the Turkish Lira devaluation. Total assets increased to QAR853 billion (USD234 billion), up by 8% from September 2017.The key driver of total assets growth was from loans and advances which grew by 4% to reach QAR604 billion......

Read More >
October 2, 2018

Saudi King Allocates $200Mln to Yemeni Central Bank - Reports...

DOHA (Sputnik) - Saudi King Salman bin Abdulaziz Al Saud has ordered that a donation of $200 million should be allocated to the Central Bank of Yemen to support the country's economy against the backdrop of the collapse of the Yemeni national currency provoked by ongoing military action,"...

Read More >
September 24, 2018

CBO board meeting discusses key issues

Muscat: The Central Bank of Oman (CBO) Board of Governors held its third meeting of the year on Sunday under the Chairmanship of Sultan bin Salim bin Said Al Habsi, Deputy Chairman of the Board of Governors. The meeting was held at the CBO Headquarters in MBD area, Muttrah.

"...

Read More >
September 22, 2018

Global banks, traders launch first commodities blockchain...

Global banks and trading firms are launching the first blockchain-based platform for financing the trading of commodities from oil to wheat, they said in a joint statement. The platform will be run by a venture called komgo SA, based in Geneva, Switzerland, and is due to go live later this"...

Read More >
September 20, 2018

Yemen central bank nearly doubles interest rate

Yemen’s central bank nearly doubled its interest rate today in an effort to stabilise the riyal after violent demonstrations against a plunging currency, Reuters reported.

State news agency Saba said the"...

Read More >
September 19, 2018

ADB ramps up Pacific presence as donors jostle for influence...

The Asian Development Bank said on Tuesday it is expanding its presence in the Pacific islands, at a time of competition for influence there, opening seven new country offices and expecting its loans and grants in the region to top $4 billion by 2020. The pledge from the Japan-led bank"...

Read More >
September 17, 2018

Brokerage firm ADSS eyes 15% revenue growth on new technologies...

ADS Securities (ADSS), a private Abu Dhabi-based financial services firm, plans annual revenue growth of 15-20 per cent in 2018, as it expands its services through automation and other technologies, its chief executive said.

“We"...

Read More >
September 16, 2018

Deutsche Bank stock-trading head says he’s playing...

Deutsche Bank AG’s global head of equities is seeking inspiration from a legendary baseball team as he looks to overturn a three-year rout of the business with a shrinking budget.

“We’re more"...

Read More >
September 15, 2018

Investec spins off asset management arm as founders depart...

Investec is spinning off its asset management unit after a strategic review found there is little synergy with its banking and wealth and investment divisions. The stock rallied the most in nine years.

Investec"...

Read More >
Found articles: - Pages