Month: July 2021

South Africa’s banks count costs of unrest -

South Africa’s banks count costs of unrest –

The Banker Portfolio encompasses: An essential and trusted resource providing economical and financial intelligence for the world’s financial sector; premium editorial excellence striving to stimulate and inform Detailed regulatory and policy insight for the banking and securities market, analysing the major rules from the formulation stage and explaining their aims and likely impact on a … Read more

E-commerce strategies boom as banks look to diversify

E-commerce strategies boom as banks look to diversify

Despite rising inflation as countries around the world reopen following Covid-19, the continued fragility of the global economy will likely see interest rates remain at ultra-low levels for the foreseeable future as central banks seek to shore up the recovery. A low-rate environment, however, remains a problem for banks’ bottom lines. The average bank earns … Read more

The DOJ’s power to subpoena foreign banks expands as the SFO’s diminishes -

The DoJ’s power to subpoena foreign banks expands as the SFO’s diminishes –

The Banker Portfolio encompasses: An essential and trusted resource providing economical and financial intelligence for the world’s financial sector; premium editorial excellence striving to stimulate and inform Detailed regulatory and policy insight for the banking and securities market, analysing the major rules from the formulation stage and explaining their aims and likely impact on a … Read more

ICS Financial Systems is shaping the Islamic bank of the future

Interview with: Robert Hazboun, Managing Director, ICS Financial Systems July 28, 2021 The modern Islamic finance industry is young but evolving rapidly, serving a growing population of Muslims as well as non-Muslims. According to the Global Islamic Finance Markets Report 2019, the industry’s total worth, in conjunction with key industry stakeholder organisations across its three … Read more

The DOJ’s power to subpoena foreign banks expands as the SFO’s diminishes -

The DOJ’s power to subpoena foreign banks expands as the SFO’s diminishes –

The Banker Portfolio encompasses: An essential and trusted resource providing economical and financial intelligence for the world’s financial sector; premium editorial excellence striving to stimulate and inform Detailed regulatory and policy insight for the banking and securities market, analysing the major rules from the formulation stage and explaining their aims and likely impact on a … Read more

A rising star in the Saudi financial markets

A rising star in the Saudi financial markets

&nbsp Alistithmar for Financial Securities and Brokerage Company (Alistithmar Capital) is a major player in the financial services industry. The company offers a wide range of products and services such as asset management, brokerage, and investment banking. Over the past couple of years, the company has achieved significant growth in AUM with a broadened product … Read more

‘Omniaccess’ is the strategic imperative for banks in the 2020s -

Forget open banking — it’s all about open commerce –

The Banker Portfolio encompasses: An essential and trusted resource providing economical and financial intelligence for the world’s financial sector; premium editorial excellence striving to stimulate and inform Detailed regulatory and policy insight for the banking and securities market, analysing the major rules from the formulation stage and explaining their aims and likely impact on a … Read more

EU sets out bold new approach to AML

EU sets out bold new approach to AML

The European Commission set out an ambitious package of legislative proposals on July 20 outlining how the bloc plans to step up its efforts to tackle financial irregularities following a series of scandals. The measures include the establishment of a new anti-money laundering authority (AMLA) that will have direct supervisory powers and will seek to … Read more

When complete the Temburong Bridge in Brunei will be 30km long

Sustainable banking puts purpose beyond profit

When complete the Temburong Bridge in Brunei will be 30km long&nbsp Author: Ti Eng Hui, CEO, Baiduri Bank July 22, 2021 Established in 1994, Baiduri Bank is a full-service bank serving individuals, business, corporate and institutional clients in Brunei – while its wholly owned subsidiaries Baiduri Finance and Baiduri Capital specialise in consumer financing and … Read more