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Gulf Today, Staff Reporter In line with its commitment to its valued customers, Dubai Islamic Bank (DIB) has deferred the July installments of all customers whose installments could not be...
Inayat-Ur-Rahman, Business Editor <!-- /* Font Definitions */ @font-face {font-family:Cambria; panose-1:2 4 5 3 5 4 6 3 2 4; mso-font-charset:0; mso-generic-font-family:auto; mso-font-pitch:variable; mso-font-signature:3 0 0 0 1 0;}...
ABN Amro has agreed to buy German private bank Hauck Aufhäuser Lampe (HAL) for 672 million euros ($730 million) from China’s Fosun International to expand in wealth management, its largest...
Abu Dhabi Islamic Bank (ADIB), a leading financial institution, announced its expansion plan to better serve its Business Banking customers across the UAE. ADIB Business Banking is expanding its presence...
Sharjah Islamic Bank (SIB) announced an increase in its net profit before tax by 22.5 per cent, amounting to Dhs285.4 million for the first quarter 2024, compared to Dhs233.1 million...
Citigroup’s first quarter profit fell 27 per cent as the bank took charges related to its reorganization, although it beat expectations as revenues grew in key divisions. The bank’s shares...
HSBC is selling its business in Argentina and booking a $1 billion loss on the deal, the bank said on Tuesday, as it continues to shrink its once globe-spanning empire...
The Financial Action Task Force (FATF), the international organisation in charge of combatting money laundering and terrorism financing has announced the UAE’s completion of all 15 recommendations of its...
State Bank of India (SBI), the country’s largest lender, on Saturday reported an unexpectedly steep 35% drop in net profit for the October-December quarter, weighed down by higher pension costs...
Bank of America’s fourth quarter profit shrank as the lender took $3.7 billion in one-off charges on Friday, and its finance chief expressed optimism about the US economic outlook....
