Keywords: Banks
Several major Wall Street banks have offered employees in the United Arab Emirates the option of temporarily relocating as missile and drone attacks linked to the conflict involving Iran continue to affect the Gulf region. Goldman Sachs, Morgan Stanley and Citigroup have informed staff in the UAE that......
Banks, hedge funds and insurers spent the weekend racing to map out their exposure to the Middle East as the escalating confrontation between Iran, the United States and Israel disrupted markets, travel and business operations across the Gulf. The latest round of strikes, which hit targets in the United......
BitMEX cofounder Arthur Hayes has warned that artificial intelligence driven job losses could spark a major credit crisis in the United States, arguing that recent Bitcoin price movements are signaling mounting stress in the financial system. In an essay titled “This Is Fine” published on......
Chinese regulators have quietly instructed domestic financial institutions to limit their exposure to US government debt, citing concerns over concentration risk and market volatility, according to people familiar with the matter. The move, first reported by Bloomberg, marks the latest step in Beijing’s......
Asian stock markets surged Tuesday as investors welcomed two key developments boosting economic outlooks: Australia's central bank raising interest rates for the first time in two years and a fresh US-India trade agreement. Japan's Nikkei 225 jumped over 3%, hitting record highs. South Korea's......
Asian currencies showed mixed performance on January 23 as the dollar headed for its sharpest weekly drop in months, with gains in China's yuan and Malaysia's ringgit offsetting fresh record lows for India's and Indonesia's rupees. The dollar index hovered near 98.3 and faced a roughly......
Bank charges in France have risen sharply once again in 2025, dealing another blow to household purchasing power. According to data from the French National Institute of Statistics (Insee), banking fees increased by an average of 3.1%between June 2024 and June 2025—three times higher than......
At a meeting in Tunis on September 17, 2025, Abdellatif Jouahri, Governor of Bank Al-Maghrib (BAM), highlighted the importance of enhanced cooperation between Arab central banks to confront the global political, economic, and commercial shocks currently affecting the world. Speaking on the sidelines......
Attijariwafa Bank Group has appointed Rachid Kettani as its new Deputy Chief Executive Officer, entrusting him with the leadership of the retail banking division. Kettani takes over from Hassan Bertal, marking a new chapter in the bank's strategic direction. A seasoned professional with over two......
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