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Why I don’t trust banks in the UAE anymore…

Why I don’t trust banks in the UAE anymore…

After years of procrastination, this weekend I closed my first ever bank account. It wasn’t as bad as I imagined. In fact it was just a little too easy: I wasn’t asked for identification, a PIN or any special secret questions. My experience has made me forever distrust financial institutions and here’s why.

April 9, 2012 5:04
 
Cash under the mattress: a new chapter for regional banks

Cash under the mattress: a new chapter for regional banks

Everyone’s got a theory about where best to keep money. And even though banks used to be the go-to alternative, its future remains uncertain. That is, if they don’t change.

March 25, 2012 3:55
 
The Volcker Rule: ex-federal reserve head urges stricter reforms in banking

The Volcker Rule: ex-federal reserve head urges stricter reforms in banking

Former US Federal Reserve chairman Paul Volcker, says regulators should not back down in imposing the curbs and that additional reforms to markets are necessary.

February 29, 2012 4:19
 
Legal limbo stymies banks’ recovery of Dubai Govt

Legal limbo stymies banks’ recovery of Dubai Govt

More than two years after the Dubai debt crisis erupted, restructuring of corporate debts remain in legal limbo, unclear on how banks can get back their money from government-linked enterprises.

February 22, 2012 4:52
 
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