Sunday 26 June 2016
 
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Cyber security firm Paladion wins contracts from GCC banks

Paladion, a leading managed security services company, has secured significant multi-year managed services contracts with two of the biggest financial institutions in the GCC. The information security company uses state-of-the-art

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Cyber security firm Paladion wins contracts from GCC banks

Paladion, a leading managed security services company, has secured significant multi-year managed services contracts with two of the biggest financial institutions in the GCC. The information security company uses state-of-the-art

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Abu Dhabi banks' merger move seen just the start

A potential merger between two of Abu Dhabi’s biggest banks may just be the start of consolidation in the industry. That’s according to analysts from EFG-Hermes Holding and Emirates NBD, who say the UAE needs more tie-

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Small banks help Iran restore foreign financial ties

Iran is gradually restoring banking links with the rest of the world by forging ties with smaller foreign institutions, even though large global banks are still holding back because of legal risks, Iranian officials and foreign bankers say.

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Small banks help Iran restore foreign financial ties

Iran is gradually restoring banking links with the rest of the world by forging ties with smaller foreign institutions, even though large global banks are still holding back because of legal risks, Iranian officials and foreign bankers say.

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US must encourage banks to do business: Iran

The US must do more to encourage banks to do business with Iran following the lifting of sanctions, Iran's foreign minister said on Tuesday. The US and Europe lifted sanctions on Tehran in January under a deal which also agree

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Banks meet Saudi officials over bond mandate

A number of international banks are pitching their businesses to Saudi Arabian officials as they vie to win the sovereign's debut international bond mandate, according to sources. The meetings are the latest step in the hiring

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Setback for big banks as court revives Libor lawsuits

A US appeals court has revived private antitrust litigation accusing major banks of conspiring to manipulate the Libor benchmark interest rate, in a big setback for their defense against investors' claims of market-rigging. Th

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Hackers probe defences of Mideast banks: FireEye

Hackers are probing the defences of banks in the Middle East, targeting employees with infected emails which gather information about the banks' network and user accounts, FireEye researchers said. FireEye, a US cybersecurity

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Abu Dhabi's IPIC picks nine banks to arrange euro bond

Abu Dhabi state-owned International Petroleum Investment Company (IPIC) has selected the nine banks which lent to its subsidiary for its own euro-denominated bond issue, sources aware of the matter said. However, the bond is unlik

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