by Asharq Al-Awsat | Aug 20, 2016 | Business
London-Sovereign wealth funds pulled $16.2 billion from third-party asset managers in the second quarter, according to the latest data from research firm “eVestment,” up from a revised $10.1 billion in the first quarter. The outflows were the second largest in five...
by Asharq Al-Awsat | Dec 26, 2013 | Business
Dubai, Reuters—Compliance costs are spiralling at Middle Eastern banks due to the various misspellings of common Middle Eastern names, say global banking executives. The phenomenon is especially common in false positives—situations where a person or transaction is...