Featured FintechSingaporean fintech Spark secures $10.5 mn funding from Citi, HSBCPritam BordoloiMay 15, 2020 by Pritam BordoloiMay 15, 2020 Spark’s will use the funds to further develop its in-house technology... Read more
Banking FeaturedHSBC resorts to cost-cutting measures affecting up to 10,000 jobsInternational Finance Business DeskApril 22, 2020 by International Finance Business DeskApril 22, 2020 The move is under the leadership of interim CEO Noel Quinn... Read more
Featured Ports and Shipping10 banks commit $9 bn in loans as a part of DP World debt dealPritam BordoloiMarch 20, 2020 by Pritam BordoloiMarch 20, 2020 The group of 10 banks includes Credit Agricole, Emirates NBD, First Abu Dhabi Bank, HSBC, JPMorgan, and Standard Chartered... Read more
Banking FeaturedHSBC combines wealth and retail banking to create new global businessInternational FinanceMarch 3, 2020March 18, 2020 by International FinanceMarch 3, 2020March 18, 2020 The decision to merge its banking units comes as it prepares to slash 35,000 jobs globally... Read more
Oil & GasExperts: $2 tn valuation possible for AramcoPritam BordoloiDecember 11, 2019 by Pritam BordoloiDecember 11, 2019 High demand, reducing production and incentivising shares could drive share prices up... Read more
BankingHSBC Singapore’s Jade proposition targets salaried millionnairesInternational Finance DeskNovember 29, 2019 by International Finance DeskNovember 29, 2019 The Jade platform caters to Singapore’s wealthy with at least $1.2 million in cash or investments in the bank... 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
Oil & GasAramco to pay up to $450 mn as fees to IPO advisorsPritam BordoloiOctober 17, 2019 by Pritam BordoloiOctober 17, 2019 Book runners JP Morgan and Morgan Stanley to be paid the highest IPO fees by Aramco... Read more
Oil & GasSaudi Aramco to publish IPO prospectus by month-endPritam BordoloiOctober 9, 2019December 2, 2019 by Pritam BordoloiOctober 9, 2019December 2, 2019 The prospectus will be published in Arabic on October 25 and then in English two days later... Read more
In the NewsCiti, Goldman Sachs, HSBC and Samba likely to be part of Aramco IPOInternational Finance DeskSeptember 9, 2019December 12, 2019 by International Finance DeskSeptember 9, 2019December 12, 2019 JP Morgan might win the lead advisory role for Aramco’s IPO transaction... Read more