Banking

Frankfurt/London: Deutsche Bank has moved the clearing of a "large part" of new euro-denominated derivatives trades from London to Frankfurt, as...

Muscat: Bank Sohar marked the completion of over 11 years of banking excellence within the Sultanate with another achievement—a stunning 20.89 per cent...

Muscat: Expanding its operational network to provide further convenience to its customers, Bank Sohar has introduced two new offsite ATMs at two of Oman’s...

Muscat: Trade Bank of Iraq (TBI) has revealed plans to open its first branch in the Kingdom of Saudi Arabia (KSA) after receiving approvals from the Saudi...

Beijing: Small banks in Chinese provinces affected by Beijing's efforts to slash excess industrial capacity and reduce pollution are being hit by a...

London: Lloyds Banking Group plans to operate three subsidiaries in continental Europe after Britain leaves the EU, according to a source familiar with the...

New York: Goldman Sachs Group Inc was pressed for details on new businesses after an uneven second-quarter performance, a likely preview of challenges...

Dubai: Dubai Islamic Bank (DIB), the United Arab Emirates' largest sharia-compliant lender, posted a 14.6 per cent increase in second-quarter net profit...

Muscat: Oman’s central bank raised OMR5 million by way of allotting treasury bills on Tuesday. The treasury bills are for a maturity period of 182 days,...

Muscat: Bank Muscat, the Sultanate’s flagship financial institution, posted a net profit of OMR89.70 million for the six-month period ending June 30,...