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UAE lender Emirates NBD plans 15 percent staff cut

UAE lender Emirates NBD plans 15 percent staff cut

Emirates NBD, Dubai's largest bank which has been grappling with impairments, plans to lay off up to 15 percent of its workforce, three sources familiar with the matter said on Monday.

March 13, 2012 2:22
 
The game plan: Ananda Krishnan back on the spotlight

The game plan: Ananda Krishnan back on the spotlight

Over nearly two decades, Malaysia's second-richest man Ananda Krishnan has quietly initiated a number of deals that have left observers perplexed but earned him a reputation of being an impeccable timer of markets.

March 7, 2012 2:59
 
Fitch assigns Qatar-based Doha Bank’s EMTN programme ‘A’ rating

Fitch assigns Qatar-based Doha Bank’s EMTN programme ‘A’ rating

Fitch Ratings has assigned Doha Bank Q.S.C.'s (Doha Bank) $2 billion euro medium-term note (EMTN) programme a Long-term senior unsecured debt rating of 'A' and a Short-term senior unsecured debt rating of 'F1'.

March 6, 2012 10:52
 
Japan’s Nomura sets up Middle East FX team

Japan’s Nomura sets up Middle East FX team

Japanese investment bank Nomura is setting up a foreign exchange trading team in Dubai to meet growing demand among its institutional clients to trade Middle East and North African currencies, the bank said on Monday.

March 5, 2012 1:28
 
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