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The merger of equals: What’s next for UAE banks?
The merger of First Gulf Bank (FGB) and National Bank of Abu Dhabi (NBAD) is set to change the banking landscape in UAE and the Middle East. The combined entity is expected to become the largest bank by assets in the region, with the financial strength and expertise to drive UAE’s economic growth.
New Singapore crowdfunding rules must balance greed and fear
Proposed changes to crowdfunding rules in Singapore, announced days before the June 24 Brexit vote shook financial markets worldwide, throw into focus regulators’ challenge of balancing financial liberalisation and protecting investors seeking safety in times of turmoil.
Pioneering a mobile-first approach to remittances
The development of digital platforms that enable direct global money transfer is a nascent but fast growing business model from the remittance industry. The model does not envisage traditional banks as part of the long term plans, and competes with the largest global money operators head on.
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