Finance News

Big banks, business groups sue US Fed over annual stress tests

The groups are calling for the Fed to make public and subject to feedback the now-confidential models

Partner Content: Turn your savings into rewards with Emirates NBD's Millionaire Account

Save and win big prizes with Emirates NBD's Millionaire Account - Dh57 million up for grabs

Open banking creates new avenues for finance

System allows banks to securely share customer financial data with authorised companies

Partner Content: Credit Financier Invest (CFI) launches 'Trading Transparency+' programme to raise awareness and highlight trading realities

The initiative provides a comprehensive suite of educational resources, including videos, seminars, webinars, and articles, to explain trading's suitability, risks, and myths

Abu Dhabi elevates status as global financial centre

Eight global institutions, representing almost $635 billion in assets under management, announce set up in UAE capital

Abu Dhabi authority fines Aarna Capital Dh1.85 million for violating anti-money laundering laws

Investigation found that ACL had contravened several requirements in anti-money laundering and sanctions rules and guidance rulebook

Fractional sukuk issuances to widen investor base

ADIB's move brings Islamic bonds investment easier for retail investors

UniCredit cranks up Commerzbank stake as BPM bid faces hurdles

UniCredit seeking authorisation for stake of up to 29.9%

Zand launches institutional-grade digital asset custody

Zand bridges gap between TradFi and DeFi

US regulator's 'problem bank' list grows as industry profits dip

Problem banks now total 68 firms