Posted by Hasan Zulfiqar on June 27th, 2010 under category Financial Services
'Controversial new rules for hedge fund and private equity fund managers operating in Europe are moving forward after winning the backing of European Union finance ministers' as per the Financial Times. There are still significant differences in the two sets of draft regulations, but meetings are expected to take place with the intention of resolving the issues before August 2010.
Posted by Zulfi Hydari on April 23rd, 2010 under category Financial Services
The shock claim that Goldman
Sachs orchestrated a $1 billion fraud against investors is causing
ripples in
the financial services community around the world. Frankly, I’m not so
sure
what the fuss is all about. The alleged fraud pales in comparison to the
wider
role investment banks have played in perpetrating the largest fraud
Posted by Adnan Adil on August 10th, 2009 under category Financial Services
The Oman Economic Review has recently published a report on the Omani Banking Sector1. The report ranks the 5 biggest banks based on three parameters: growth, profitability and sustainability. The largest bank in the country, Bank Muscat, came out clearly at the top, followed by Oman Arab Bank and Bank Dhofar. The small but aggressive National Bank of Oman comes in at #4, while the list is rounded up by Oman International Bank at #5.