First Abu Dhabi Bank, the largest bank in the United Arabi Emirates (UAE), has obtained a custody license in Egypt
“We look forward to bringing our differentiated brand of securities services - led by next generation technology and a dedicated client focus - to both domestic institutional investors in Oman and to international investors," says FAB's Kashif Darr
BNY Mellon partners with NCB Capital to provide custody and asset servicing in Saudi Arabia
The two new positions support Northern Trust’s continued business growth across the region, and follow the expansion of its senior management team in Saudi Arabia, announced earlier this month
Northern Trust has bolstered its Middle East and Africa senior management team in the Kingdom of Saudi Arabia
State Street has expanded its Middle East presence by opening an office in Riyadh, Saudi Arabia to provide institutional services and asset management in the region
BNY Mellon has received authorisation from the Saudi Arabia Capital Market Authority board of commissioners to conduct custody activities in the country
Canadian defined benefit pension plans in the RBC Investor & Treasury Services All Plan Universe experienced the steepest decline since 2008, posting a median return of -7.1 percent for Q1 2020
Amid the Gamestop saga, Robinhood’s CEO has called for a fix on the ‘antiquated settlement structure’, but others in the industry argue the current T+2 settlement cycle is ‘ultra reliable’ and a real-time system could lead to many challenges
CGI’s Andy Schmidt discusses what the next-generation of central banking architecture looks like
Peter Hainz of SmartStream discusses how the banking industry is currently faring with the implementation of the Basel Committee’s monitoring tools for intraday liquidity management
The Middle Eastern markets are diverse in many ways, and they’re focusing on themselves before they look to harmonise settlement cycles within the wider region
After its successful inaugural trading session in March, ARTEX’s CEO Yassir Benjelloun-Touimi talks to Jack McRae about seeking to create a new asset class and democratise art
The Middle East is on the cusp of a securities services success story, but this plot is not necessarily a new one, says HSBC’s Kapil Seth
Stephanie Colaric of Bank of America Merrill Lynch explains how custodians are responding to the current environment, and asks whether now is a good time to explore new markets
Mike Cowley of Deutsche explains the bank’s footprint in the Middle East, as well as updating AST on its 2008 decision to bring client assets in-house
Saudi Vision 2030 is driving growth in the Kingdom of Saudi Arabia’s financial services industry with the market set to stand up tall among its global peers
As the Saudi Arabian stock exchange finally opens its doors to foreign investments, the influx from abroad will be in baby steps, not leaps and bounds
Adding to the growth of the sukuk bond, Dubai’s new qualified investor fund aims to put the emirate on the domicile map for the Middle East and beyond
Despite reporting and process deficiencies, the Middle East is being primed for business, as AST finds out
