Middle-east Arab News Opinion | Asharq Al-awsat

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Deutsche Bank CEO John Cryan speaks during the bank’s annual general meeting in Frankfurt, Germany May 18, 2017. REUTERS/Ralph Orlowski

German Banks Call for Ending ‘Era of Cheap Money’ in Europe

by Asharq Al-Awsat | Sep 7, 2017 | Business

Frankfurt- Deutsche Bank (DBKGn.DE) chief executive John Cryan has called on the European Central Bank to change course on providing cheap money, warning he sees price bubbles in stocks, bonds and property. “The era of cheap money in Europe should come to an end...

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A Saudi man shows Saudi riyal banknotes at a money exchange shop in Riyadh. (Reuters)

Saudi Arabia Set to Raise $8 Billion in Debut Islamic Bond Sale

by Wael Mahdi | Apr 13, 2017 | Business

Khobar – Saudi Arabia will raise $8 billion (SAR30 billion) in its first global Islamic bond issue, with an order book from investors in excess of $33 billion (SAR123 billion). The government is selling the five-year sukuk tranche at 100 basis points over the...

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The Barclays building in Midtown Manhattan on September 16, 2013, in New York City. (John Moore/Getty Images/AFP)

Barclays enlists outside help in dark pools probe

by Asharq Al-Awsat | Jun 28, 2014 | Business

London, Reuters—Barclays Plc said it is bringing in outside help to speed up an investigation into alleged misconduct in its “dark pool” operations, which have rekindled concerns that the cost of past problems at its investment bank will rise. More than 2...

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The UAE flag is seen in front of the Dubai International Financial Centre in Dubai November 10, 2013. (REUTERS/Omr Mohamed)

Deutsche Bank found in “non-compliance” with Dubai regulator

by Asharq Al-Awsat | Feb 10, 2014 | Business

Dubai, Reuters—The regulator of Dubai’s tax-free financial center said on Sunday that Deutsche Bank had been found to be in “material non-compliance” with orders to provide information as part of an investigation into alleged rule breaches. The Dubai...