Bank Sarasin order to pay $10.45m to Kuwaiti investorsSwitzerland'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… |
DIFC Courts business expanding in scope, valueA landmark ruling by the court system in Dubai's financial free zone suggests the emirate is starting to influence the way international business disputes are resolved in the Middle East, partly taking over that role from London and New York More… |
Dubai flexes legal muscle as financial court expandsA landmark ruling by the court system in Dubai's financial free zone suggests the emirate is starting to influence the way international business disputes are resolved in the Middle East, partly taking over that role from London and New York More… |
Swiss bank mis-sold $200m investments to KuwaitisSwitzerland's Bank Sarasin mis-sold $200 million of investment products to Kuwait's prominent Khorafi family, a court at Dubai's financial centre found on Thursday in a ruling that could set a precedent for similar disputes in the re More… |
Sarasin-Alpen, Alpen Capital to hold music eventBank Sarasin-Alpen (Qatar), a subsidiary of Bank Sarasin, a leading Swiss private bank, and its investment banking associate Alpen Capital Investment Bank (Qatar) will host a musical concert in Doha. The second annual Global Fusion on wil More… |
Bank Sarasin to launch equity funds in GulfBank Sarasin's new Dubai unit will launch two equity funds worth up to $1 billion to target Gulf and Middle East stocks which it believes are undervalued, an executive said on Tuesday. Chief investment officer Burkhard Varnholt said the Sw More… |
Sarasin-Alpen gets advisory license for OmanBank Sarasin has been granted the license to provide advisory services in private banking in the Sultanate of Oman by the country’s Capital Market Authority (CMA). Oman incorporated Sarasin-Alpen (Oman) is the first Swiss-origin pri More… |