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          Banking

          Latest updates on the banking sector - UAE, regional, Islamic and global bank news

          Pro-Palestinian protesters demonstrate against Barclays's purchase of Tesco Bank outside the Royal Courts of Justice in London. EPA

          Barclays sells its shares in Israeli defence firm Elbit

          BankingOctober 31, 2024
          Millennial and Gen Z banking customers expect banking transactions to be quick and easy. Coroimage

          Can Islamic finance take advantage of open banking?

          BankingOctober 25, 2024
          HSBC signage in Hong Kong. The company had been under pressure to hive off its Asian business in recent years. Bloomberg

          HSBC: Why the world's local bank is no longer 'thriving together'

          BankingOctober 23, 2024
          HSBC announced it will also merge its commercial and institutional banking units. Reuters

          HSBC in East-West split as part of major overhaul

          BankingOctober 22, 2024
          An Egyptian woman waits outside a currency exchange office in Cairo, 2022. The US dollar today represents 58 per cent of the value of foreign reserve holdings worldwide. EPA

          The global economy would benefit from greater variety

          EditorialOctober 22, 2024
          Boeing factory workers protest in Renton, Washington, with the strike hitting production hard. Reuters

          Boeing plans to raise up to $25bn in bid to boost liquidity

          AviationOctober 15, 2024
          Banks can withhold a customer’s final settlement depending on internal policies and the contract signed, legal experts say. Getty Images

          Can banks block end-of-service gratuity owing to an unlisted employer?

          MoneyOctober 10, 2024
          Extending the loan tenure can lower your monthly payments and possibly increase the loan amount you can qualify for. Chris Whiteoak / The National

          Look beyond the headline interest rate when choosing a mortgage

          MoneyOctober 09, 2024
          Only allow a known professional entity to take a copy of your ID. Pawan Singh / The National

          UAE customers complain as banks issue credit cards without proper ID

          MoneySeptember 26, 2024
          The Mastercard initiative helps banks identify and halt potentially fraudulent payments before the money leaves an account. Reuters

          Mastercard expands AI initiative that detects scams in real-time

          BusinessSeptember 24, 2024
          The Central Bank of the UAE in Abu Dhabi. Photo: Central Bank of the UAE
          Play

          Gulf central banks join Fed in cutting interest rates

          BankingSeptember 18, 2024
          The UAE Central Bank continues to safeguard the transparency and integrity of the nation's financial system. Wam

          UAE Central Bank fines lender $1.36m

          BankingSeptember 16, 2024
          The advent of disruptive tech is exposing financial institutions to vulnerabilities they never had to contend with in the past. PA

          Cyber security: The new-age risk bankers are struggling to mitigate

          BankingSeptember 15, 2024
          The changes 'improve the tiering of the proposal and better reflect risks', says Fed vice chairman for supervision Michael Barr. Reuters

          Fed to cut capital requirements for large banks under new Basel III plan

          BankingSeptember 10, 2024
          Cash at a bank in Libya's western coastal city of Misrata. The UN held talks with the country's rival powers over the central bank crisis. AFP

          Libyan parties have reached deal to end central bank crisis, UN says

          MENASeptember 04, 2024
          The Central Bank of Libya has become a critical focal point in the country's struggle due to its crucial role in managing the nation’s oil revenues and foreign reserves. AFP

          Libya’s central bank crisis could impact nation's investment strategy

          EconomySeptember 03, 2024
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