Islamic Finance Archives - Page 20 of 64

Amid unrest, Egypt’s entrepreneurs fueling revolution of their own

International Finance DeskFebruary 6, 2015

by International Finance DeskFebruary 6, 2015

The north African nation is in the race to be the fastest growing entrepreneurial hub in the world Suparna Goswami Bhattacharya February 6, 2015: Back in 2013 when majority of Egyptians were busy revolting against the then president Mohammed Morsi, there was a parallel revolution going on in Egypt involving the young from the...

Banking

Banco Único becomes 6th biggest bank in 3 years

International Finance DeskFebruary 6, 2015

by International Finance DeskFebruary 6, 2015

It was the 18th bank to start operations in Mozambique February 6, 2015: Banco Único, one of Mozambique’s youngest but fastest-growing financial enterprises, has enjoyed a meteoric rise since it was established just three years ago, thanks to its dynamic and passionate approach to banking and focus on tailor-made solutions for clients. It started operations...

Fintech

Holders of high yield bonds floundering

International Finance DeskFebruary 4, 2015

by International Finance DeskFebruary 4, 2015

Hit by the fall in oil prices Peter Taberner February 4,2015: The fall in oil prices has left holders of high yield bonds floundering, as the value of their investments has simultaneously plummeted. Over the past three months, data from the First Trust High Yield Bond reveals that there has been a drop in price...

Business Leaders

Coutts appoints new MD for Western European, American and RND clients

International Finance DeskFebruary 4, 2015

by International Finance DeskFebruary 4, 2015

Prior to joining Coutts, John Saunders spent five years at Barclays Wealth February 4, 2015: Coutts, a private bank and wealth manager, announced the appointment of John Saunders as managing director for Western European, American and Resident Non-Domiciled (RND) clients. Based in London, Saunders will oversee Western Europe and America’s desks with a team of...

Economy

ECB’s quantitative easing: Blessing or curse?

International Finance DeskFebruary 3, 2015

by International Finance DeskFebruary 3, 2015

TeleTrade believes that the decision will delay economic reforms by Eurozone members February 3, 2015: The European Central Bank (ECB) on January 22 said that it will expand its asset purchase programme to €60 billion a month starting from March 2015 until September 2016. In aggregate, the asset purchasing programme will be over €1.1 trillion....

Banking

SMEs: The double-edged sword of disintermediation

International Finance DeskFebruary 3, 2015

by International Finance DeskFebruary 3, 2015

Fragmentation of SME credit markets requires business owners to be more knowledgeable Charles Thorburn February 3, 2015: Financial markets have gone through a roller coaster in the past eight years, and whether it’s been bank bailouts, sovereign debt crises or LIBOR fixing scandals, the world of finance has been a large part of the news...

Banking

Gulf Bank Wins ‘Best Retail Bank in Kuwait’ Award from IFM

International Finance DeskFebruary 3, 2015

by International Finance DeskFebruary 3, 2015

The award highlights the bank’s strategy and commitment to offering its customers the best possible services within a safe and secure framework February 3, 2015: Gulf Bank has announced that it has received the ‘Best Retail Bank in Kuwait’ award from International Finance Magazine, one of the world’s leading financial publications with a readership in...

Fintech

Cyber Crime and Security – An ongoing battle

International Finance DeskFebruary 2, 2015

by International Finance DeskFebruary 2, 2015

Cybercrime can no longer be dismissed as the remit of the ‘young geek in the garage’ Liz Field February 2, 2015: The opportunities and threats represented by technology are something ever present in our daily lives and no less a cause for thoughtful consideration and handling in the wealth management industry, where it can be...

Fintech

Tough time ahead for oil companies

International Finance DeskJanuary 27, 2015

by International Finance DeskJanuary 27, 2015

While big players are streamlining operations, smaller ones look to get acquired Suparna Goswami Bhattacharya Analysts expect oil price to come down to $43 a barrel in second quarter of 2015 Oil companies look for ways to cut costs Big players go in for layoffs Oil price: No looking up for now January 27, 2015:...

Economy

Saudi Arabia moving away from oil

International Finance DeskJanuary 27, 2015

by International Finance DeskJanuary 27, 2015

The Saudi government is making all efforts possible to increase share of the manufacturing industry Suparna Goswami Bhattacharya January 27, 2015: One does not really associate names like Jaguar Land Rover, a British automotive company; or Mars, an American confectioner, with Saudi Arabia. For years, Saudi Arabia has become synonymous with oil. And it is...