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    ADCB reports pre-merger net profit at Dhs1.152b for 1st quarter

    ADCB reports pre-merger net profit at Dhs1.152b for 1st quarter

    06 May 2019

    Business Bureau, Gulf Today The Abu Dhabi Commercial Bank (ADCB) on Monday reported its financial results for the first quarter of 2019. The results are for the standalone ADCB entity...

    China gives modest boost to economy with RRR cut

    China gives modest boost to economy with RRR cut

    06 May 2019

    China’s central bank (CB) said on Monday it will cut reserve requirement ratios (RRRs) to release about 280 billion yuan ($41 billion) for some small and medium-sized banks, in a...

    Eagle Hills Diyar signs deal with banks for $374m financing

    Eagle Hills Diyar signs deal with banks for $374m financing

    05 May 2019

    Business Bureau, Gulf Today Eagle Hills Diyar, the developer behind Bahrain’s iconic waterfront project Marassi Al Bahrain, has signed an agreement with a syndicate of banks from UAE and Bahrain...

    New FAB branch will add more flavour to UAE, Saudi Arabia ties

    New FAB branch will add more flavour to UAE, Saudi Arabia ties

    03 May 2019

    First Abu Dhabi Bank (FAB) has officially inaugurated its Saudi Arabia operations during a ceremony at its new Riyadh branch. The opening is a key milestone in FAB’s international expansion...

    Australia’s economic performance allows CB to adopt suitable policy

    Australia’s economic performance allows CB to adopt suitable policy

    03 May 2019

    Australia’s strong economic performance of recent decades has allowed its central bank to avoid the kinds of unorthodox policies seen in other countries, but record low rates mean less conventional...

    HSBC beats estimates with 31% profit rise as costs decline

    HSBC beats estimates with 31% profit rise as costs decline

    03 May 2019

    HSBC Holdings beat forecasts with a 31 per cent rise in the first quarter profit, bolstered by a surge in income from its core Asian business due to the absence...

    CBD crowned for ‘Best Digital Service’

    CBD crowned for ‘Best Digital Service’

    02 May 2019

    Business Bureau, Gulf Today The Commercial Bank of Dubai (CBD), one of the leading banks in the UAE, has been recognised with the ‘Best Digital Service’ award in the special...

    Scandal-hit Aussie banks earmark billions to repay customers

    Scandal-hit Aussie banks earmark billions to repay customers

    02 May 2019

    Australia’s big banks — once among the most profitable in the world — are being forced to amass war chests worth billions of dollars to reimburse customers for years...

    StanChart hails turnaround plan with $1 billion share buyback

    StanChart hails turnaround plan with $1 billion share buyback

    30 Apr 2019

    Standard Chartered (StanChart) unveiled programme for an up to $1 billion share buyback, its first such in at least 20 years as quarterly profit rose 10 per cent, signalling progress...

    Trump sues banks in bid to block Congress subpoenas

    Trump sues banks in bid to block Congress subpoenas

    30 Apr 2019

    US President Donald Trump, along with his family and businesses, on Monday sued Deutsche Bank and Capital One in an attempt to stop them from complying with Congressional subpoenas...

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