Media ID: 55356798
Caption:
The company logo of the Bank of America and Merrill Lynch is displayed at its office in Hong Kong March 8, 2013. REUTERS. Bobby Yip
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...
Media ID: 55325887
Caption:
A National Bank of Abu Dhabi branch, August 27, 2012. Compliance costs are spiralling at Middle Eastern banks due to the various misspellings of common Middle Eastern names. (Reuters/Jumana El Heloueh)
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...
