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Showing 1 - 10 results of 539 for "Business/Banking"

The Central Bank announced on Tuesday limits on certain retail banking fees to help protect consumers..  Ryan Carter / The National

UAE Central Bank's fees cap may push lenders to raise interest rates

The regulator's move will mainly affect retail banks that may see lower profitability before building volumes

June 21, 2018
Former CEO of Anglo Irish Bank, David Drumm, arrives at Dublin Circuit Criminal Court in Dublin, Ireland. He was jailed for six years for conspiracy to defraud and false accounting. AFP 

Anglo Irish Bank's ex-chief Drumm jailed for six years on fraud charge

One of the few top bank executives to be found guilty of a crime stemming from the financial crisis, which sparked a worldwide recession

June 21, 2018
Some products, such as credit cards and home loans, have had caps on charges applied for the first time. Antonie Robertson / The National

Revealed: what the new UAE bank fee changes actually are

Customers will pay more in late payment charges on car loans and home loans

June 21, 2018
Analysts say the caps will ensure more vulnerable customers get help. Jeffrey E Biteng / The National

New banking fee caps raise transparency levels in the sector

The measures will increase trust in the sector at a time when some UAE consumers are struggling with debts

June 20, 2018
UAE central bank sets new rules limiting fees on retail banking services. Reem Mohammed/The National

UAE Central Bank caps retail banking fees in boost to expat-friendly economy 

Central Bank sets maximum limit on retail consumer-related banking services such as home loans, credit cards 

June 19, 2018
UAE central bank sets new rules limiting fees on retail banking services. Reem Mohammed/The National

UAE Central Bank issues new fee caps on banking services

Amendment is intended to protect consumers from unfair practises, Central Bank says

June 19, 2018
DIFC and Startupbootcamp will focus on guidance and mentorship to support qualifying early stage startups. Sarah Dea / The National

DIFC partners with UK's Startupbootcamp on FinTech

Gulf financial centres continue to attract FinTech expertise to the region

June 19, 2018
Purchase of Sir Richard Branson-backed Virgin Money will create sixth-largest lender in the UK. Andrew Harrer/Bloomberg

Branson's Virgin Money sale for £1.7bn creates challenger to big UK banks

The purchase of the British billionaire-backed bank gives consumer and business lender CYBG greater scale and access to the firm’s presence on the high street

June 18, 2018
Priya Karani, director of the Equity Derivatives Trading Desk at Barclays, helps the bank attract more women to trading by talking to female college students about her job. Brendan McDermid / Reuters

Wall Street wants more female traders, but old reputations die hard

Banks have increased their efforts to change due to the #MeToo movement and more disclosures on workforce diversity

June 18, 2018
Banking services were hit as around one million bank employees went on a strike for two days as tp protest against a 'meagre' two per cent salary hike planned by the Indian Banks' Association.. EPA/SANJEEV GUPTA

Bank employees demand higher wages amid mounting losses in the industry

Public sector bank workers protest in Mumbai as inflation bites

June 17, 2018