Jul 14, 2012
The trading loss, about $2.4bn more than was previously estimated and caused by the lender's London-based chief investment office, helped to drive second-quarter profit down by 9 per cent. Read Article JPMorgan counts the $4.4bn cost of trades
Feb 09, 2012
What's Down:
Concern is mounting that Doha Bank may not have enough capital to support its ambitious growth targets during the year ahead. Read Article Doha Bank has 'three options' to lift capital
Oct 20, 2011
Bankers retreat from the UAE after high hopes of tapping into Gulf wealth prove hard to realise in the wake of the financial crisis, with Swiss bank EFG International ending its presence in the Middle East. Read Article Swiss bank to close its UAE branches
Sep 15, 2011
JPMorgan targets the Middle East in an attempt to offset diminishing returns in its native US. Read Article JPMorgan expanding private banking in Gulf
Sep 15, 2011
The Life: How do you maintain the trust of the most wealthy people in the world even as global markets tremble? It's not easy, says Paolo Moscovici of JP Morgan Private Bank. Read Article A day in the life of a private-wealth banker
Nov 25, 2010
The worst seems to be over for Dubai World a year after it announced it would have to restructure US$24.9 billion of its liabilities. Read Article Dubai prepares for next debt challenge
Oct 05, 2010
Analysts said worries about the weakness of the US dollar would buy the price of crude in the coming months. Read Article Oil price hits five-month high
Jul 12, 2010
Saudi bank sees 88% drop in second quarter from last year Read Article Loan provisions send SIB's profit into a dive
Jun 12, 2010
The more things change, the more banks try to keep them the same. Read Article Big banks seem happy to tweak the tiger's tail
Apr 10, 2010
After giving up some of their recent gains last week, UAE markets will be watching closely as earnings announcements are made this week. Read Article Markets await earnings reports