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File photo of Saudi Arabia’s Deputy Crown Prince Mohammed bin Salman reacting upon his arrival at the Elysee Palace in Paris. Photo: Reuters
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The Panama Papers leak consists of details of clients from the files of Panama law firm Mossack Fonseca- Reuters
Panama Papers Reveal Elite’s Tax Havens
Eleven million confidential documents were leaked from one of the world’s most secretive companies, Panamanian law firm Mossack Fonseca. Authorities across the globe have opened investigations into the activities of the world’s rich and powerful after the...Caption:
The logo of HSBC bank is seen at its office in the Canary Wharf business district of London in this April 1, 2013 (REUTERS/Chris Helgren/Files)
Muslim organizations criticize HSBC decision to shut their accounts
London, Asharq Al-Awsat—Following HSBC’s controversial decision to unilaterally close bank accounts belonging to a number of Muslim organizations based in the UK, those organizations have hit back, branding the move “shocking” and “Islamaphobic.” Last week, HSBC sent...Caption:
A man uses walks out of a Barclays Bank branch in Dubai November 5, 2008.
(Reuters/Ahmed Jadallah)
Two Abu Dhabi banks vie for Barclays UAE retail ops
Dubai and Abu Dhabi, Reuters—Two Abu Dhabi lenders have emerged as frontrunners to buy most of Barclays’ retail banking operations in the UAE, with a final decision expected next month after a competitive bidding process, banking sources said on Wednesday. Abu...Caption:
The logo of HSBC bank is seen at its office in the Canary Wharf business district of London in this April 1, 2013 (REUTERS/Chris Helgren/Files)