Finance News

Up to 30% of jobs may go in UBS-Credit Suisse merger: Report

The takeover was hastily arranged by Swiss government to prevent global financial meltdown, following fears of contagion from collapse of banks in US

Saudi National Bank chairman resigns after Credit Suisse buyout

New chairman, acting CEO have been appointed, with all changes effective March 27

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UAE Central Bank, Reserve Bank of India to join hands in enabling fintech innovation

They will collaborate on various emerging areas of the industry especially Central Bank Digital Currencies (CBDCs)

Bank lifelines ease global financial crisis fears

On Friday, Asian stocks were mostly higher in morning trade, tracking Wall Street's relief rally

UAB annual general assembly rules out dividend for 2022

The AGM discussed and approved all items on its agenda including the board of director’s recommendation to not distribute dividends

Credit Suisse thrown $54b lifeline in rush to ward off global bank crisis

CBD strengthens management team with Emirati leadership

Khaled Al Hammadi to lead CBD's retail banking programme as general manager of Personal Banking Group; Sultan Al Mahmood to oversee all aspects of CBD Human Resources function

CBD, PwC's Academy join forces for digital accelerator programme

The initiative represents a significant investment in CBD's employees, fuelling their potential to drive change and shape the digital banking landscape

Emirates NBD Securities offers trading account opening through DFM application

Emirates NBD Securities is among the first in the region to fully integrate with the DFM application to offer end-to-end digital investor onboarding