Friday 31 October 2014
 
»
Tag
 
»
Bank

Bank Sarasin order to pay $10.45m to Kuwaiti investors

Switzerland's Bank Sarasin and its Middle East unit must pay $10.45 million to members of Kuwait's wealthy Khorafi family after the financial institutions were found to have mis-sold $200 million of investment products, a Dubai court has

More…

StanChart profit tumbles, plans extra $400m cost cuts

Standard Chartered said operating profit for the third quarter dropped 16 per cent and earnings would fall in the second half as a whole, hurt by a jump in bad loans and higher regulation and compliance costs. The Asia-focused ban

More…

StanChart profit tumbles, plans extra $400m cost cuts

Standard Chartered said operating profit for the third quarter dropped 16 per cent and earnings would fall in the second half as a whole, hurt by a jump in bad loans and higher regulation and compliance costs. The Asia-focused ban

More…

Bank Audi's nine-month profit up 7.1pc

Lebanese lender Bank Audi's net profit in the first nine months of the year was up 7.1 per cent at $280 million, it said on Thursday. The bank said in a statement that the increase came after the allocation of $71 million of n

More…

Bahrain banks urged to replace old ATMs

Banks in Bahrain have been urged to stop using outdated ATMs after dozens of card holders had their details stolen in a security breach earlier this month. According to Bahrain Bankers Union (BBU), several local and regional banks

More…

Falcon Private Bank appoints new head

Falcon Private Bank, a leading Swiss private bank specialised in asset management for high net worth private clients and families, has appointed Erich Pfister as the new global head private banking, which will be effective from January next year

More…

Awal Bank creditors discuss key issues

Key meetings of creditors of Bahrain-based Awal Bank have been held in Bahrain and London, according to sources. The meetings were called by law firm Charles Russell, acting as external administrator, said the sources to the G

More…

Lloyds Bank to sell more shares in TSB

Lloyds Banking Group is to sell a further 11.5 per cent stake in TSB Banking Group, leaving it with a 50 per cent shareholding in a business it was ordered to shed by European regulators. Lloyds said it would sell another 57.5 mil

More…

Standard Chartered appoints new CFO

Standard Chartered Bank Bahrain has appointed Shaikha Tareef as its new chief financial officer (CFO). Tareef will be responsible for the implementation of the bank's overall financial strategy, cost management and ensuring th

More…

Ithmaar Bank launches user-friendly website

Ithmaar Bank, a Bahrain-based Islamic retail bank, has upgraded its website aimed at an improved user experience. "Navigation is simplified by categorising the product-centric primary menu to match the visitor's profile,&

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads