At the end of the 2024 second quarter, Emirates NBD's total assets increased to 931 billion dirhams, up 15% from 2023, while lending increased by 6% during the first half of the year...
Saudi Islamic banks have a strong position in the banking industry thanks to their larger retail franchises, which enable them to offer superior asset quality, reduced funding costs, and higher margins...
According to Kazuo Ueda, the long period of nearly zero short-term interest rates in the Bank of Japan over the previous three decades makes it particularly difficult to determine a neutral interest rate...
In August 2023, UBS said it would axe 3,000 jobs in Switzerland alone after swallowing up its stricken rival Credit Suisse, a move expected to help the bank make significant cost savings...