Financial Services KSA Edition
Latest News
BRIEF: Bank Albilad Q3 Profit Rises
SABB Managing Director David Dew steering through historic transaction in Saudi banking
According to Dew the SABB-Alawwal merger is a genuinely exciting landmark transaction, and a significant transformation for the Kingdom
UK trade minister Fox has pulled out of Saudi investment summit - BBC
Liam Fox was listed as a speaker at the Riyadh summit
BRIEF: Saudi's Samba Q3 Profit Rises
BlackRock's Fink says to not cut ties with Saudi despite not attending conference
Fink said he wanted the conference delayed until the end of an investigation into the journalist's disappearance.
More banking executives pull out of Saudi investment conference
HSBC, StanChart CEOs pull out of conference
BlackRock and Blackstone CEOs withdraw from Saudi conference -source
Executives from media, technology and financial firms have in the last few days withdrawn from the conference, scheduled for Oct. 23-25
Saudi currency at weakest in two years on Khashoggi case
Saudi Arabia's riyal was quoted at 3.7514 to the U.S. dollar in the spot market early on Monday
Bahrain to receive up to $2bln, first slice of Gulf aid
Saudi Arabia, the United Arab Emirates and Kuwait offered a $10bln aid package over five years
Saudi Arabia, Bahrain sign deal to exchange credit information
The exchange of credit information aims to address and reduce credit risks
Insights
Hedge funds quit oil as rally reverses: Kemp
Fund managers have cut their combined position by a total of 187 million barrels in the last three weeks
Shadow banks in India look ugly in the light
India’s last-mile money lenders are on edge
Softbank pushes link-ups as insurance strategy takes shape
Softbank's Vision Fund plans to pump more money into insurance, a potential booster for its bigger bets in cars, health and financial services
