FeaturedWealth ManagementCiti’s wealth management unit in UAE to triple AUM to $15 bnPritam BordoloiJanuary 13, 2021 by Pritam BordoloiJanuary 13, 2021 The bank plans to do the same over the next 5 years by increasing the number of client-relationship manager... Read more
MagazineTechnologyShould Google and Facebook be venturing into banking?Bharath KumarJanuary 16, 2020April 2, 2020 by Bharath KumarJanuary 16, 2020April 2, 2020 A never-ending quest for more data and control over customers is forcing Google and Facebook to make a banking play – what could go wrong?... Read more
BankingBank of America hires Saudi investment banking headInternational Finance DeskNovember 13, 2019 by International Finance DeskNovember 13, 2019 Saud Al Tassan has previously worked at NCB Capital and Banque Saudi Fransi... Read more
BankingUK banks face class action suit by investors over forex riggingInternational Finance DeskAugust 1, 2019 by International Finance DeskAugust 1, 2019 The lawsuit is funded by litigation funding firm Therium and led by the former pensions regulator chair... Read more
BankingCitigroup, Grab launch co-branded credit cards to boost customer baseInternational Finance DeskJune 11, 2019 by International Finance DeskJune 11, 2019 The decision comes as part of the bank’s plan to increase its Asian customer base by approximately 13 percent... Read more
BankingCitigroup levies restrictions on its customers dealing in gunsInternational Finance DeskMarch 23, 2018February 27, 2020 by International Finance DeskMarch 23, 2018February 27, 2020 The restriction has been introduced as an attempt to keep a check on the growing gun violence in the US... Read more
EnergyACWA Power appoints global coordinators for IPO planInternational Finance DeskMarch 15, 2018February 27, 2020 by International Finance DeskMarch 15, 2018February 27, 2020 According to company sources, JPMorgan Chase & Co, Citigroup, Natixis and Riyadh Capital are considered for its IPO plan worth of US$1bn... Read more
BankingEnergySingapore banks under inspection for coal financingInternational Finance DeskMarch 12, 2018February 27, 2020 by International Finance DeskMarch 12, 2018February 27, 2020 The enquiry is being conducted to check if coal financing will cause adverse impacts on the environment... Read more
BankingCompanyIn the NewsSaudi Arabia hands over investment banking licence to CitigroupInternational Finance DeskApril 28, 2017 by International Finance DeskApril 28, 2017 The banks appoints Carmen Haddad as the Chief Executive Officer in Saudi Arabia... Read more
BankingFinanceMorgan Stanley, Barclays, HSBC pose reduced risk to global financial stabilityInternational Finance DeskNovember 30, 2016 by International Finance DeskNovember 30, 2016 Financial Stability Board releases list of global systemically important banks... Read more