 |
C.Suisse banker to run Qatar's investment bankQInvest, a Doha-based investment bank, has appointed Michael Katounas, previously with Swiss lender Credit Suisse, to run its investment banking division, QInvest said in a statement on Saturday. More… |
 |
Barclays to axe 3,700 jobs in overhaulBarclays is to axe at least 3,700 jobs and prune its investment bank, under a restructuring plan launched by its new chief executive which seeks to cut 1.7 billion pounds ($2.7 billion) in annual More… |
 |
EFG Hermes 9-month profit down 19pcEFG Hermes, the biggest investment bank in Egypt, has reported an 18.8 per cent decline in its net profit for the first nine months which fell to 232.1 million Egyptian pounds ($38 million) from 286 million pounds. Announcing the More… |
 |
Gatehouse Bank makes key acquisitionGatehouse Bank, a wholesale Sharia-compliant investment bank based in London, has completed the multimillion-pound acquisition of the Bridge View and Consort House in Aberdeen. The deal should provide a projected average annual cash yield More… |
 |
EFG Hermes attracts buyout interestAn Egyptian businessman and a group of Gulf investors have made a buyout approach to Egypt's biggest investment bank, EFG Hermes, one of their representatives said on Thursday. Egyptian share prices have tumbled since the uprising that ous More… |
 |
Capinnova posts $743,000 profit in Q1Capinnova Investment Bank, the Shari’a compliant investment banking arm of BBK, reported a net profit of $743,000 for the first quarter of this year, compared to $1.2 million for the same period in 2011. The gross revenues for the first q More… |
 |
EFG, QInvest ink investment bank dealEFG Hermes, the biggest investment bank in Egypt with a market value of $1.08 billion, said it had sealed an agreement first announced in March to form a region-wide investment bank with Qatar's Qinvest. Under the agreement, Qinvest will c More… |
 |
Gatehouse seals $55m UK property dealGatehouse Bank, a London-based Sharia-compliant investment bank, has announced the successful delivery of its realised investment in UK real estate through the sale of two properties in a deal worth £34.4 million ($55.5 million). The More… |
 |
Moody's downgrades Shuaa with negative outlookMoody's Investors Service has downgraded the long-term foreign and domestic currency issuer ratings of Dubai-based bank Shuaa Capital by one notch to B1 from Ba3 and assigned negative outlook to the ratings. The non prime short-term rating More… |
 |
Shuaa CEO Philipp quits after 6 monthsShuaa Capital chief executive Michael Philipp has stepped down after just six months at the helm of the struggling investment bank, two sources familiar with the matter told Reuters on Tuesday. Philipp is set to be replaced later on Tuesda More… |
