Press Releases

5 February 2014 Deutsche Bank announced today the creation of a Global Solutions function within the Trade Finance/Cash Management for Corporates (TF/CMC) business in its Global Transaction Banking division. TF/CMC Global Solutions will focus on accelerating business growth by systematically tailoring and replicating solutions across target industries and geographies, focusing on large corporate clients.  The newly-created business is headed globally …

NBAD Best Bank for Payments and Collections in Middle East Abu Dhabi (February 5, 2014) – The National Bank of Abu Dhabi (NBAD) has been ranked the “Best Bank for Payments and Collections” in the Middle East  by Global Finance, the international financial magazine. To rank Best Treasury and Cash Management Banks and Providers 2014, Global Finance used a multi-tiered …

Standard Chartered Announces Mohsin Nathani as Chief Executive Officer in UAE Seasoned Banker to lead the business in one of Bank’s most strategic markets globally Dubai, 4 February, 2014 – Standard Chartered today announced Mohsin Nathani as the new Chief Executive Officer for its business in the UAE. Mohsin succeeds Jonathan Morris, who has resigned from the bank to pursue …

Standard Chartered sponsors Iraq Finance 2014 Second International Exhibition and Conference on Banking and Finance in Iraq to be held in Dubai Dubai, United Arab Emirates, 27 January 2014 – Standard Chartered announced today its sponsorship of the Second International Exhibition and Conference on Banking and Finance in Iraq, Iraq Finance 2014. Standard Chartered will be the lead sponsor of …

NBAD Appoints Managing Director for Global Markets Sales Abu Dhabi (January 26, 2014) – The National Bank of Abu Dhabi (NBAD) has appointed Anton Martin the Managing Director & Head of Sales in the Global Markets to lead marketing of NBAD’s institutional, corporate and credit products as well as structuring and risk solutions. Mr. Martin reports to Mahmood Al Aradi, …

Euromoney’s Annual Conference Returns to Bahrain in March 2014 Manama, 26 January 2014: Euromoney will return to Manama in March 2014 for their flagship Bahrain event, run in partnership with the Bahrain Economic Development Board (EDB). This is the third consecutive year in which the event is taking place. The 2014 conference has expanded its focus and will now look …

Dubai, 23 January, 2014 Saxo Bank launches ground-breaking new portal combining social features with its award-winning trading platform A new online social trading community for serious investors, TradingFloor.com, was revealed in beta today by Saxo Bank in Copenhagen. The new portal enables traders around the world to share their trades with peers and transforms trading into a social experience. Saxo …

Financing Trade and International Supply Chains by Alexander R. Malaket takes the mystery and complexity out of trade finance. The book suggests that every trade or supply chain finance solution – no matter how elaborate – addresses some combination of four elements: facilitation of secure and timely payment, effective mitigation of risk, provision of financing and liquidity, and facilitation of …

GFMF to Analyse Global Economic Recovery and Emerging Markets Prospects NBAD’s annual event attracts decision makers, investors and thought leaders Abu Dhabi (January 23, 2014) – The sixth Global Financial Markets Forum (GFMF), the annual conference organised by the National Bank of Abu Dhabi (NBAD), will analyse the economic recovery in the west, prospects in the Emerging Markets, and the UAE’s …

January 21, 2014 BARCLAYS CASH MANAGEMENT SURVEY: INDUSTRY RIPE FOR INNOVATION AND STRONG GROWTH Survey concludes that clients prefer solutions based on deep understanding of requirements and innovation with 100% support from their Banks  Dubai, UAE: In a recent Cash Management survey, Barclays estimates that 55% of clients consider innovation vital in achieving treasury/cash management goals and the number will …

Under patronage of Sheikh Mohammed bin Rashid: Annual Investment Meeting th UAE Ministry of Economy gears up for 4(AIM) at Dubai International Convention & Exhibition Centre from April 8 to 10 Al Mansoori: “Dubai winning Expo 2020 bid whets appetite of foreign investors to invest in UAE services sectors” Dubai, UAE, 16 January 2014: Under the directive of HH Sheikh …

More than 550 International Insurance Leaders Head to Bahrain Next Month for the 10th Anniversary Special Edition of the Middle East Insurance Forum 50+ high-profile international speakers including Geoff Riddell, Member of the Group Executive Committee: Chairman – APMEA, Zurich Insurance Group Ltd. to discuss key strategies for strengthening the regional insurance industry at MEIF 2014 Manama, Bahrain: 14th January 2014: …

Abu Dhabi/Paris (January 12, 2014) – The National Bank of Abu Dhabi (NBAD) has appointed Christophe Kloeti as the Head of Trade Finance in France. The appointment highlights NBAD’s expanded international activities. NBAD- Paris serves as one of the Bank’s eight hubs serving NBAD’s West-East Corridor strategy, and it would serve customers in France and North Africa in line with …

Bank of America Merrill Lynch and Earthport Sign Strategic Agreement Reinforces the bank’s commitment to support the evolving payments needs of clients across the globe LONDON/NEW YORK – Bank of America Merrill Lynch, a leader in global payments and transaction services, and Earthport (AIM:EPO), the cross-border payments service provider and existing key supplier for the bank, today announced a multi-year …

December 18, 2013 Maria Cristina Ricciardi to Join Deutsche Bank as Head of Global Transaction Banking in Latin America Deutsche Bank today announced that Maria Cristina (Kika) Ricciardi will join as Head of Global Transaction Banking (GTB) Latin America and Head of Trade Finance and Cash Management Corporates for Latin America. Ricciardi will report to Susan Skerritt, Head of GTB …

Al Hilal Bank named ‘Best Islamic Financial Pioneer of the Year’ at 2013 Tatweej Academy for Excellence Awards Progressive Islamic bank honored for innovative offerings & high global credit rating December 18, 2013 Al Hilal Bank has announced that it has won as ‘Best Islamic Financial Pioneer’ at the 2013 Tatweej Academy for Excellence Awards held recently at the Jumeirah …