The Gulf region must look into developing onshore financial centres to introduce further stability, said a leading expert at the Euromoney GCC Financial Forum in Bahrain.
Pacific Alternative Asset Management Company managing director and partner Alper Ince, speaking exclusively t
The Central Bank of Bahrain (CBB) has encouraged banking consolidation, which to date has resulted in the merger of 10 banks, creating stronger and well-capitalised financial institutions, said CBB Governor Rasheed Al Maraj.
Al Maraj was delivering his keynote address at the open
Abu Dhabi investment fund Mubadala Development Co plans to focus more on US and European markets this year as those economies slowly recover, its chief operating officer said on Tuesday.
Mubadala, which has stakes in General Electric and private equity firm Carlyle, shifted some
JPMorgan, Citigroup and four more major banks have signed up with an industry group to develop a central register of information on other banks they deal with to help to meet increasing compliance demands and costs.
Swift, a Brussels-based group used by thousands of banks to exch