Georges Elhedery, HSBC's chief executive, said the lender has announced 11 exits so far this year. Getty Images

ExclusiveHSBC is 'halfway through' revamp of its global business, says group CEO

Middle East and Asia-focused bank is betting on expanding its wealth business to rejuvenate growth

Banking

UK’s Crown Agents Bank subsidiary receives in-principle approval from ADGM

Banking

Syria's fractured banking sector poses new challenge for US regulators

Banking

Citigroup's Jane Fraser named board chairwoman and receives $25m stock award

Banking

UAE's biggest bank FAB posts 21% surge in third-quarter income

Banking

Emirates NBD to buy $3bn majority stake in India's RBL bank

Banking

UBS opens new advisory office in Abu Dhabi's ADGM as wealthy flock to the UAE

Banking
Skyscrapers and commercial buildings in the skyline of the City of London, UK. Bloomberg

UK millionaire exodus could accelerate after November budget meeting

Abu Dhabi Investment Forum in London showcased the emirate’s growing pull for British investors seeking stability

Economy

UK firms risk ‘missing the boat’ to regain competitive edge with Abu Dhabi

Economy

Jaguar Land Rover back at work after cyber attack

UK

Low digital literacy challenges Iraq’s cashless push, FinTech boss says

Banking

UAE banks failing to meet customer expectations, PwC report finds

Banking

India's HDFC Bank banned from accepting new clients in Dubai

Banking

World Bank boosts Middle East presence with new office in Saudi Arabia

Economy
Net sentiment related to customer service was strongly negative in UAE, according to a new PwC study. Getty Images

UAE banks failing to meet customer expectations, PwC report finds

Complaints include poor response to fraudulent transactions and call centre issues

Banking

India's HDFC Bank banned from accepting new clients in Dubai

Banking

World Bank boosts Middle East presence with new office in Saudi Arabia

Economy

UAE Central Bank cuts benchmark borrowing rate mimicking US Fed move

Banking

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